A strong body breakout with good volumes. Can retest the trend line tomorrow. Educational purpose only. Trade at your own risk.
Reliance is back! after a while, support from 200 ema or 1857 ( Support zone) with a long wick bullish Candle , if it sustains above 1935. then go long. targets If bullish- above 1935,- Tgt- 1967, 2007. If bearish(1923)- tgts- 1899, 1857.
Stock has consolidated after its inverse head and shoulders pattern breakout on weekly charts and is now looking to catch up some movement from here. A long position can be made with the stop-loss of 520 for the targets mentioned on charts.
Stock has completed its pattern formation phase and now has given a clear and comfortable breakout over the levels 30, position can be made with the respective stop-loss for the mentioned targets.
The targets can be extended once there is retracement on the upper resistance trend line. NSE:HDFCBANK
IBULHSGFIN:-BUY AT CMP 220 FOR TARGET 290/350 SL 167 DCB
ICICI 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...
Stock 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.
Strong possibility of the strong up move, GODREJCP has formed an inverted H&S pattern and trading above 200 EMA line. . 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.
NESTLEIND:- breakout plus retest level u can see 20000rs level in some days sl 16000 DCB
The Channel is intact. So would stay LONG. Though the black line could be a RESISTANCE !!
HDFC life seems bullish for the targets of (669-678) / (700-709) / (743-754)
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)
Go long if it sustains the level of (2450-2460) for the targets of (2625-2640) / (2750-2725) / (2825-2850)
Mahindra CIE - Vixfix reducing and OBV steadily inceasing. Go Long as positional trade at CMP with target of 140
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
Airtel 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*