IGL is near its very important major support trend line. Also it is on its horizontal support line. The combination of these two supports can acts as very crucial support. Enter on break of minor trend line that is drawn. This is very goog R:R trade. This analysis was done by me only for understanding work of trend line. Use this only for education. Feel free to...
UJJIVAN has touched its Mar'20 Covid low of 125 and has bounced off the 125 support with heavy volume. We also see bullish divergence in RSI. An ideal candidate for bottom fishing! Buy here for maximum profit potential. Less risky players can wait for higher low on the Daily chart before initiating long trades.
After long Term Resistance & Supply Zone breakout on daily timeframe we are expecting Retest then Booom🔥🔥
Mahindra Finance taking support at 152. stoploss below the horizontal line. It may reach upto 180 to 190 . Trading is Probability
Trade according to the support and resistance line. set your stop-loss and trade.
MANAPPURAM FINANCE (1D) Candle Created three horizontal line where it takes support & resistance. Top Horizontal resistance line(Green) price - 169.80 Middle Horizontal support line(Light brown) price -153.50 Bottom Horizontal support line(Red) price -139.60 Trade according to the Horizontal lines.
DBCORP 1day candle ( Triangle pattern ) currently the horizontal line acts as support
Cmp 2187 SL 2164 Target 2222 Support at 2172 RR 1:2
TCS have to cross 2075-2125 for further upside. If could not able to breach this levels on weekly closing will lead to 1809, 1707,1616 and may touch 1510 low.
Canara Bank long above 204 T1 220 T2 235 SL 200 (if closes below) happy trading! cheers!!
Voltas might take a support here Buy above 665 for target of T1 700 T2 720 Stop-loss 649(if closes below) Cherrs Happy Trading.
In weekly, price bounced from horizontal support, hidden bullish divergence also formed here. sl - 2080, tgt - 3370
in weekly, price bounced from horizontal support zone and horizontal channel support. In daily, regular bullish divergence seen here. sl - 283, 1st tgt - 350, 2nd tgt - 415.
In weekly, price at horizontal + trendline support. with sl - 287, tgt - 360
in daily, price at horizontal support zone, and trend line support. sl - 1836, tgt1 - 1980.
in weekly, price taking support at horizontal support zone and trendline support. sl - 26000, tgt1 - 30000, tgt2 - 32900
In daily, price bounced from horizontal support and flat lower BB, also hidden bullish divergence formed here, in weekly, BB is trending up and candles are sustaining above 20 ma, in longer time frame, round bottom forming here with sl - 150, 1st tgt - 177 2nd tgt - 208, long term tgt - 343