Tech-mahindra has show a sign of break-down I.e
1.Broke the trendline
2.Fib Conformation
this is my personal view and now lets hope for the best!
Whats your view, Comment down!
Coalindia is oversold on monthly levels
Weekly RSI is showing some recovery
on Daily chart its making a triangle formation
Buy above close of 135
T1 = 145
T2 = 165
T3 = 195 and more as per Fib levels
SL = 118
Buy above 68300 for 68600,69100,70000
Sell below 67900 for 67600,67100,66100
Can comment or ping me for any query or live updates
All views for Educational purpose, Trade at your own risk
Buy above 3245for 15,40,70+++
Sell below 3227 for 15,40,70+++
Can comment or ping me for any query or live updates
All views for Educational purpose, Trade at your own risk
Buy above 4505 for 15,40,70+++
Sell below 4475 for 15,40,70+++
Can comment or ping me for any query or live updates
All views for Educational purpose, Trade at your own risk
Buy above 3430 for 15,40,70++
Sell below 3400 for 15,40,70++
Can comment or ping me for any query
All views for Educational purpose, Trade at your own risk
Stock post breaking Triangle currently in consolidation at upper channel line drawn from 9929 level.
Red Marubozu on Fri 14th Aug 2020 tells start of down move.
Wave 2 is starting probably gonna consolidate and go down towards fib levels 0.382 (6385), 0.5 (6264).
All bounce towards 6600-6700-6800 short opportunity
STOP LOSS 6900
Potential to hit 6400 6300...
IndusInd Bank is clearly showing a negative divergence...We see high call writing of close to 170k at 520 strike having the highest open interest.
Also in the charts we see that 23.6 percent retracement comes to about 550 level where we resistance at these levels.
Could go short at higher levels with a strict stop loss at 555.....could see some downside from...
See resistance on 1458 levels 50 % retracement level. wait for a correction towards 1440 levels before going long.With a stoploss at 1434 go long.
Pivots ascending higher.
The trade is based on significant demand zone, channel breakout and retest, and Fibonacci Retracement.
Positional Buy
Entry above : 398
Stop Loss: 334
Target 435/460/520
Duration: 20-30 trading sessions
Disclaimer: The recommendations are based on technical analysis and subject to market conditions. Please trade at your own risks. The author is not responsible...
We see strong resistance at 1800 levels after peaking out at Feb 20th and than came crashing down to 1300 levels.
On a weekly chart we see it at the higher end of Bollinger band.
Earnings are in 3 days and expected to be a weak quarter due to Covid if you compare it to peers Aster and Narayan Health.
Next Target at 1629 and the following which we see strong...
Buy above 3440 for 15,40,70++
Sell below 3410 for 15,40,70++
Can comment or ping me for any query
All views for Educational purpose, Trade at your own risk
Buy above 2125 for 10,25,50+++
Sell below 2110 for 10,25,50+++
Can comment or ping me for any query or live updates
All views for Educational purpose, Trade at your own risk
Buy above 4545 for 15,40,70+++
Sell below 4495 for 15,40,70+++
Can comment or ping me for any query or live updates
All views for Educational purpose, Trade at your own risk
Ujjivan Finserv has been trading in a range for the past couple of sessions. The interesting part is what is taking place inside the range. Various VSA concepts are visible. Selling climax candle has been identified, which is a sign of change in trend. Volume has decreased in the stock, when compared with the volume during the last weeks of July. This suggests...
JUBFOODS is following fib retracement levels quite well. We can confirm if the stock crosses ATH level it will experience good momentum and price movement in coming sessions.
Can go for Long with Support at 1805-1810.
Stock is above all moving averages.
DMI & ADX shows trending.
