Trade with caution. 1. Volumes are not that high considering the breakout zone.
SBICARD came to the support level (Blue Line) Looks good above 844 levels (Green Line) Weak below 828 levels (Red Line) Between these levels in no trading zone.
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...
Expecting a long breakout on Axis Bank. Financials have been muted last week, trading in a narrow range, with low volume. The breakout may test the post-covid highs at 481. STRATEGY: BULLISH PENNANT FORMATION: The breakout can be confirmed by the price sustaining above the top trend line. BUY: CMP SL: 418 T1: 465 T2: 485 The horizon is upto 2 weeks, but the...
The stock has given a breakout above the resistance trendline... We may see 184+ in short term on the upside.. View invalid below 150..
Still stock price travels on the handle portion (long handle) Waiting for support from nifty side.... Also travel on Descending triangle pattern looks for short term bullish breakout.... Give u r likes and opinions...
Will sell HDFC if it opens near the closing price of 2061 in cash. SL & Tp as per Trade Box Hare Krishna! Good Luck
This is a weekly chart of ShriRam transport Finance Limited. As shown above stock has given a bearish Head and Shoulder pattern at all time highs on long term charts which signals the big rally it had may be coming to an end. Sell stock on rallies towards 1180 1220. Positional targets are 940 and 880
Quarterly Results to be declared tomorrow. Channel breakout pattern formation. Positive News tomorrow means go LONG Keep watching for further updates.