107 day under high is 200 rs, prcie stay below 200 for 3 months, if it breaks will be positive. wait and watch
HAL has formed Bullish Flag pattern over the last few sessions. If it breakout the flag pattern, we can consider Long in this, with a target of height of the pole. This is as per my analysis. Happy Trading. Currently, I am learning fundamental and technical analysis of the stocks. Please feel free to comment on the post, if I did any mistake in Analysis.
SBICARD is taking support on RSI trend line currently, if it closes below the trend line for the day, a potential downtrend is implied. At the same time, if it can't break it an Uptrend is implied. This is as per my analysis. Happy Trading. Currently, I am learning fundamental and technical analysis of the stocks. Please feel free to comment on the post, if I...
Stick to the plan As per the plan now 1455 is strong support until there is any bad news in the market buy on dip especially near 1452-1447 break-out and a long spike after price 1504 Tip: follow the channel
support 700 can short if negative sentiments buy above 712 & 719 till 732 reverse from 734 if crossed 734 next 764
Elliot Impulsive waves fit the Fib levels perfectly as drawn on chart. Corrective waves are not on. Hypothesis 1 & Positional Idea: Wave B is complete. So Short below 96.5 for 90. Hypothesis 2 & Positional Idea: Wave B is not complete. Go Long above 100 for 102.5 I tend to prefer Hypothesis 1!
If it holds 1290 levels today, we can enter Long position with next target of 1430 and with stop loss of around 1200. This is as per my analysis. Happy Trading. Currently, I am learning fundamental and technical analysis of the stocks. Please feel free to comment on the post, if I did any mistake in Analysis.
CMP : 552 (Consider buying in dips till 525) SL : 511 Target : 680 Long time Trendline resistance comfortably broken, and crossed above 38.20 FIB level. Next FIB resistance @ 707 Excellent 1:3 Positional opportunity.
MFSL likely to break the resistance and will reach 600+... Targets on chart...
The Hammer + NIFTY trend suggests an upward movement is on for tomorrow. The idea is supported by FIB retracements, both for the recent fall & overall COVID fall. Positional trades: Buy above 88.65 for Risk-takers & above 89 for the risk-averse for targets of 90, 91, 92.5 & 94 with SL at 86.8
VSTIND has been following a trend line over the last few months. Currently it is trading near the trend line , which if it breaks we can go short. Else, a good chance for Long. Let me know your view in the comments. This is as per my analysis. Happy Trading. Currently, I am learning fundamental and technical analysis of the stocks. Please feel free to comment...
ESCORTS has crossed the 1150 level which it has resisted last time, with a Good Volume. The next target can be around 1300. This is as per my analysis. Happy Trading. Currently, I am learning fundamental and technical analysis of the stocks. Please feel free to comment on the post, if I did any mistake in Analysis.
Simple analysis:- 1. RSI above 60 2. Volumes more than 20 day Moving average 3. Fib extension 1.618 indicates a near term target of around 776 4. Continuous up trend since May and June as can be seen in higher tops and higher bottoms / upward sloping trendline News today :- Results are good for the quarter ending June 2020 Follow, like, share and comment if you...
LT is back in its value area after a downward dip breaking the trend line. Please See linked ideas for details. Key levels are marked on chart for the upward movement and positional trades. The stock saw short covering when it touched 900 leading to an immediate rebound. The OI Status as on Friday is over 20 Lakh open interests for 950 (5Lakh) to 1000 levels...