Hindustan Unilever has formed a nice bullish candle on weekly and monthly time frame.
The stock has closed below its 20 ema on monthly time frame and above 20 ema on weekly time frame.
On daily time frame, the stock has taken resistance from its 200 ema and has formed a spinning top kind of candle. There is a bullish divergence on RSI indicator on weekly time...
Keep on watch list - Close above 820 triggers buy. 12 April is a trend date to look for its closing. One close above 820, longs can be initiated.The only challenge is missing volume pack. Only sparse volume of candles is visible. Need back to back high volume candles.
GODREJCP showing some buying activity at demand zone and candlestick pattern(kind of marubozu) also indicates of a probable reversal as the 8th March and 9th March 2022 candles have same lows of 660.05. Buying around 700 with SL of 660 for target 770,830
Marico fell today by 4% on decreased volume growth news in the last quarter. If it approaches marked levels then will be a good opportunity to add to the portfolio.
📈 Marico 📉
Marico broke out from a resistance zone 515-520 on closing basis after testing three times.
On Buy Side I am looking for Targets of 550 followed by 580-590 Zone.
StopLoss should be kept in 505-510 zone.
It offers 1:2 Risk To Reward.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and...
NSE:ITC
its price channel pattern and given breakout with good volume and crossing rsi 60 gives good hope for long
Note: I'm not a Sebi registered guy, Consult ur analyst before investing
After an upward retracement, the stock has been corrected in a 5 wave pattern. The script is currently in its 4th wave which usually takes a triangle pattern.
We can short it for a minimum gain of 100 points gain.
Happy trading!
Buy Hindustan Unilever for Positional Trading as well as Investment💸🔥💸
Comment your views!!!🧐🤔🧐
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✅Both TECHNICALLY and FUNDAMENTALLY strong stock.💪💪
The company posted the best Quarterly result in Q3.
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❇️The stock is been on a long term uptrend. It is in the retracement phase from Sept 2021. With the recent Volume Breakout of the last Lower High and Huge buying...
Hello traders, dabur has given a breakout with good enough strong candle, and looks that it can go for the upper marked targets.
FMCG stocks gave a good move other than dabur but it has a good weightage in Nifty50 so I believe it will give a run now.
Stock just crossed the 200 ma.
Gave a trendline breakout.
RSI in the bullish zone.
MACD above the signal...
Buy Tata Consumer Products for Positional Trading as well as Investment💸🔥💸
Comment your views!!!🧐🤔🧐
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✅Both TECHNICALLY and FUNDAMENTALLY strong stock.💪💪
The company posted the best QOQ & YOY result and will very likely post a similarly strong result in Q3 too.
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💡The stock is in a long term uptrend. From Sept 2021 it was in a retracement phase. Now, with volume...
Buy Heritage Foods for Positional Trading as well as Investment💸🔥💸
Comment your views!!!🧐🤔🧐
.Both TECHNICALLY and FUNDAMENTALLY strong stock.💪💪
The company posted the best Q2 result and will very likely post a similarly strong result in Q3 too.
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The stock has formed a Rounding Bottom on a Monthly timeframe and given a Volume Breakout in June 2021. On a Daily...
Both TECHNICALLY and FUNDAMENTALLY strong stock.💪💪
The company recently posted the best Quarterly result and will very likely post a similar result in Q3 too.
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The stock has a history of taking support precisely from the 200 EMA. This time too, it is trading near 200 EMA which is also a major support zone. Now, with the breakout of the retracement trendline and...
I am waiting for this script last two months & this week it made a "'W'' BULLISH pattern at the bottom .
Importance of W pattern-
if W pattern form at top of any script then the probability of going bullish is far less.
if W pattern form at bottom of a downtrend then it is going to be crazy upside movement .
listen guys this pattern really works well so start...
