UPL is showing slow upward momentum and nearing Q1 earnings release, so a small long play is suggested
HINDUSTAN UNILIVER IF HOLD SUPPORT THEN UPMOVE POSSIBLE
Follow me on trading view : in.tradingview.com This is a series where we discuss stocks recommended by you guys: Just comment on the fav stock you want analysis on or DM me ;) 👑 Terms used if you don't know : ✣ Contraction pattern: A pattern starting with a broadening high candlestick and low candlestick and converging to a fixed point, these highs and lows...
Descending Trendline break out. Have taken support on 62% retracement.
NSE:BAJFINANCE It has been trading in range between 6100 to 6200 since 9th July. 6100 have highest Put open interest and 6200 have highest Call open interest in July expiry options. 6100 is working as immediate support and 6200 is working as immediate resistance. And stock is also taking resistance from the trendline shown in the chart. It is worth to watch...
Nifty 50 monthly chart indicates a target between 15201 to 16646 and the bearish reversal may push till 5000 level.
NSE:HINDALCO On daily time chart, HINDALCO gave rounding bottom breakout. Critical support is 398. Upside Targets are mentioned on chart.
NSE:VEDL VEDL will be bullish after it crosses and trade above 276. Also it is trading in uptrend channel. --For Intraday buy above 276. And Targets mentioned on charts are for Intraday purpose. --For Positional Trade, buy above 276 only and keep next target 296 as per Fibonacci levels. --If it breaks down the channel then it will go to test the demand...
NSE:ACC Look how ACC perfectly followed Technical and Fibonacci levels. First on 15-07-2021, It went to check demand in range of 2067-2069. And got good supply from there (marked with black circle in Candle Chart). And after that we can see big green candle, which broke trend line in Candle chart (Marked with blue arrow in Candle Chart) and at the same...
IRB | Very good consolidation almost for a long time - High volatile stock, just put a small amount and don't disturb it. Can see 65% when it works according to our direction. CMP : 102 SL : 90 Target : 170 Almost 1:6 risk reward setup