India
CANFINHOMEStocks is consolidating for last 4 weeks near breakout zone. It has also give one shakeout. Further long term down trending line is near verge of breaking. It may be bought at 515 with SL of 484
reliance looks bullish after breakoutreliance looks bullish
wait for the breakout for fresh buy entry
Mcdowell "Diamond Breakout" On Weekly Chart"Diamond Breakout"
Best Buy B/w 605-615
Add More If In Panic Price Fall To 580-585
Strict SL - 566 (WCB), Target - 670/730
fmcg pack ready to blastkee any eye on HUL, Britnia, Nestle, Marico etc ready to blast in coming days
SWSOLAR, good buy setupThe sector itself is turning around....and volume in this stock is telling a story...
R:R worth risking for..
Breakout not yet done, but I think it should happen sooner or later..
Adaniports made Flag !! Rally up or Fall down ???? It broke the trend line, and consolidating between 456 and 475 level.
It also looks like flag and pole.
Sell if it breaks 455. Flag can give breakout or breakdown.
Buy if it breaks 475.
Only for intraday. 14/12/2020.
Don't go for greed or fomo stage. Wait for levels to break and book profits as your comfort.
BNF levels to WATCH ready for trap / ready for another big run for bnf going up with low volume let's see next week how market gone to react according to me it will come down like now go up with less volumes and volumes can also change in coming days so keep this in mind don't do blindly long or short trade with confirmation
Trying to break out with good volume 🚀🚀Channel breakout has happened. Trying to break the resistance above. A good long position can be taken if the candle closes above the resistance.
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Disclaimer:
The information provided here is for educational & instructive purposes only. Our intention is not to provide any financial advice, investment advice, training advice or any other advice. This is general information and is not explicit to you or anyone else.
Please do your own research and consult with your financial adviser before investing or trading. We will not be responsible for any profit or loss.
Tata power bullishTata power formed inverse head and shoulders pattern making it bullish.
#positional
Buy Tata power at 71.65
Add in dips till 62 with stop loss of 50
Tgt: 84, 90, 102+
Time: 2-3 months
At the verge of BreakOut 🚀Birds eye view shows the uptrend so high probability of moving up. Good signal for a long position.
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================================================================================================================================================
Disclaimer:
The information provided here is for educational & instructive purposes only. Our intention is not to provide any financial advice, investment advice, training advice or any other advice. This is general information and is not explicit to you or anyone else.
Please do your own research and consult with your financial adviser before investing or trading. We will not be responsible for any profit or loss.
Range Breakout after consolidation.A range breakout has happened after few days of consolidation. Should show some positive results in few days.
Disclaimer:
The information provided here is for educational & instructive purposes only. Our intention is not to provide any financial advice, investment advice, training advice or any other advice. This is general information and is not explicit to you or anyone else.
Please do your own research and consult with your financial adviser before investing or trading. We will not be responsible for any profit or loss.
my 15 min analysis for ciplaas i drown cipla is moving in the rising channel and trying to come at its support and also forming a fakking wedge pattern so this is my analysis
Triangle Formation in Bajaj HoldingsCan expect a breakout soon as the triangle is closing in.
With large volume coming with bearish candle makes it difficult to say which way it gonna break out.
A possible BreakOut in IOCDouble bottom formation in IOC giving a strong signal of possible breakout. If breakout happens it can give some good long position.
Banknifty Analysis For Second Weak of Dec.Banknifty is forming a rising wedge pattern under the channel on hourly time frame. If banknifty breaks this wedge, it can test channel in coming weeks. So trade accordingly.
Irctc above 1720As we discussed yesterday, it made a bullish flag and gave breakout.
Now created one more bullish flag.
Buy above 1720.
Study of BEL(Falling wedge and 200 SMA Support)BEL was forming falling wedge type pattern
it was getting support form 200 SMA( 2 time bounced)
Entry above 98
facing resistance near 92 to 98 also 50 SMA was in this zone
by seeing volume one can clearly see that in negative day volume was drying up but
in positive day volume were good
HEROMOTOCO CAN FALL IF IT FACE THE REJECTION AT MARKED LEVELAs ihave marked the level by the rectangel is the resistance faced by the price and also there is 0.628 fib retracement level
