Golong
ICICI Prudential - Symmetrical Triangle BreakoutICICI Prudential looking good on a weekly/daily timeframe.
Above 508 it should march towards its lifetime high (538) and once crosses 540 levels, we can expect the 570 and 630 levels according to Fib extension and Pivot levels respectively.
Note - Feel free to give any advice regarding this analysis down in the comments section.
Disclaimer - Please do not take trades according to this analysis and do your due diligence before entering into this. This is just for educational purposes and not to be considered as a tip.
STERLITETECH | BIG BREAKOUT | GO LONGStock has given clear inverse head and shoulders pattern breakout over weekly chart and is looking good for a big move from here. Positions can be made with the stop-loss and targets mentioned above. Targets will be achievable in no big time.
GODREJCP AnalysisStrong possibility of the strong up move, GODREJCP has formed an inverted H&S pattern and trading above 200 EMA line.
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After showing a strong rejection from upper levels there might be a possibility of buyers accumulation for 2-3 days given that positive momentum in nifty sustains and soon there will be a breakout soon.
Reliance : Jio Still would go for Long The Channel is intact. So would stay LONG.
Though the black line could be a RESISTANCE !!
ITC ltd [Swing trade]ITC is showing good strength. go long if it sustains at the level of (194-196) for the targets of (212-214) / (221.5-225) / (231-233)
Divis Lab [swing trade]Go long if it sustains the level of (2450-2460) for the targets of (2625-2640) / (2750-2725) / (2825-2850)
Mahindra CIE - Positional LongMahindra CIE - Vixfix reducing and OBV steadily inceasing.
Go Long as positional trade at CMP with target of 140
CAN NIFTY RECLAIM 9500 ? In the 15 MTF, the index seems to be forming an IHS with positive divergence in MACD. A break above the CPZ mentioned can take the index to targets. The view does not hold if the index closes below 9260
50% Move coming in Bharti AirtelAirtel has broken out of it is long 4 month old triangle and is now starting big move! You can expect to see 800 levels in the next 3-6 month
*this is not a recommendation but educational analysis*
Bitcoin Cup with HandleThere is a Cup with Handle pattern on Bitcoin daily chart. Price target would be resistance level 6855 and 7400.
IRB - a perfect crossover of 8, 13 and 21 EMA (BUY)Buy only if it crosses above 131.5
TGT 1 - 137
TGT 2 - 144
SL - 122
The move is also supported by the increase in volume
Once the stock crosses above 55 EMA, a huge move can be expected
Vakrangee | D |dragonfly doji |100% volume profile is showing us heavy buying at lower levels.
( contact me to know more about volume profile in trading view )
see dragonfly doji candle.
is it showing the trend reversal? ( please share your idea in the comments box )
