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 🙏🚀
Now there is a better indicator to study Open Interest Buildup on Futures and various FnO Stocks in NSE. Enjoy this free indicator and let me know your feedback/improvements
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
NSE:NIFTY 22nd March By use of Technical Analysis let's analyse NIFTY Nifty had formed decending wedge and that had broken today And again today at around 12:30 it also broke double bottom resistance ( when it breaks maket goes up) This provides positive impact on market. So, when you have knowledge of technical analysis you know when to take trade...