Weekly flag pattern and positive outlook for finance
Monthly hammer at bottom for September month
view negated below 950
Disclaimer: I am not a SEBI register person please contact your financial advisor for advice.
It's not required to talk about the strong fundamentals of this IT giant. If you see it's long term chart you can easily identify, with the continuous profit growth in the company share remains in consolidation zone for some time and then breaks out with high volumes and keep on shooting the price.
In Q2 results of TCS in year 2020, CEO has announced the salary...
DLF is one of the most volume gainer stock right now
Check the market Sentiment before placing the trader
Target = upper band or line
Sl can be easily placed some points below the cmp i.e =145.75
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stock can move either way ,follow the price action and take entry , volume is also coming now mainly upper side
breakout is also happened , retracement is done
upside target = 6412
downside target = 5855
educational purpose only
We see SRT forming a triangle pattern on daily chart, down move was expected to retest the bottom of the triangle and today as the nifty and bank nifty fell, it too gapped down and after retesting the bottom, it is forming a hammer type of pattern, if the final daily candle maintains hammer pattern or any bullish candle, then it might continue its journey upwards...
Yesterday was a consolidation type of market, where the the buyers were unable to take out the previous highs. I had a bearish view, but the bears failed to get a follow through below 22,850 and the market moved towards the upper end of the range. This happened twice through the day yesterday and both the times the market moved above 23,100.
These are highly...
Levels are indicated on chart . If you used the chart let me know how it helped
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For education purpose , refer to your analysis before proceeding
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As you see in the chart the impulsive wave ( 1,2,3,4,5 ) completed and price shifted toward corrective wave A, B and C
The cholaFin consolidate between same area from few days and last day its gives a fake...
230 is working as strong support for ujjivan and today it nicely recovered . below 230 we can see levels @220 .
and 240 as good resistence so we can expect good run above 240 once when it sustain above 240 and then 250.
for just folllow the trend of the market.
note : for educational purposes.
A Flag pattern has been observed in Bajaj Finance. The stock is in very bullish trend and will continue to do so because of strong fundamentals.
On the other hand all the technical indicators suggest a long position. Long above 3350.
Target 1: 3419
Target 2: 3500
Stop Loss: 3300
Something to pay attention: Results round the corner. A positive result will send...