can add on break above 245 , sl nearest support multi year range break and decent valuations can be re rating candidate
📊 Pattern: Rising Channel 📌 Symbol/Asset: Power Grid Corporation 🔍 Description: Stock is on daily strong support and the Probability of bounce back is high. 👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
Learning topic : Learn from your loss Be flexible in market movement do not attach to one setup only, Always take seriously your stoploss do not ignore your loss target. If your back testing movement is accurate for 70% then also real market movement can wipe your 30% and you can have a big loss which will make your funds to 00. When such situation comes where...
NSE:NIFTY Entry - 17900+ (White Ray) Stop Loss - 17650 (Red Ray) Target 1 - 18200 (Green Ray) Target 2 - 18475 (Green Ray) Target 3 - 18700 (Green Ray) NIfty 50 has been forming a Falling Wedge in a daily time-frame. The volumes have been comparatively high which means that a good base has been formed. The FIIs are oversold and stand at around 19% long...
Chart looks Prudent for yet another down move !!! This is in continuation of the idea posted about jublfood few days back...Refer to it... I have attached below the link to it.(under related ideas) Target and SL levels (dashed lines) mentioned in chart. Be cautious if it breaks above the resistance line(thin red trend line) of the descending channel down...
NSE:NIFTY Breaking the support zone 18350 RSI Negative Divergence. Expecting some pullback.
50 ema on 15 minutes chart of ntpc, is acting as a resistance But in last trading session it closed above the 50 ema. If it sustains above 50 ema, a rally till 175 /180 can be expected. 180 holds highest call oi and 175 holds second highest call oi in 24th nov 2022 options series.
Dr Reddy's laboratories making cup and handle pattern in hourly char. If Stock gives breakout and closes above 4600 , we can take a long trade till 4700 and above.
RBLBank Buy with a very small SL as marked. TGT1 arnd 141, TGT2 as marked Till 157 around Breakout followed by consolidation, expecting an upmove.
Ved for ready fro brakout with high volume can take a entry after restest. follow for more 🙏🚀
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Crompton has resisted thrice from 400-405 levels. It has formed a triple top pattern. i am expecting the pattern to get completed at 369 below which can see a nice fall in this counter. Keep tracking
Price has reacted to a Demand is heading towards the Target Risk : Reward = 1: 2.43
Selling pressure created today... On top level found bearish Engulfing candle.. and fall superb.
Can go long on LT for both Short Term and Long Term with a Strict SL. Short Term SL (Momentum Trading) - 1657 Long Term SL (Swing Trading) - 1490 Target 1:2....... Trail as per your risk
if you find that market will go up after 33191 then you must go for call option it will be more beneficial
Near weekly channel support line, waiting for any confirmation
the chart looks good today, by the day end if it close above 390 we can take that for btst and with the tgt of 414.90/429/438 these price can be seen in the upcoming sessions for btst we can keep a tgt of 414 and take long position, with the sl of 380 you can adjust according to your risk apatite, cmp is 393 so it sould close above 390 for this amazing...