Nifty Nifty on daily chart showing strength and holding above the trendline so buy on dips suggested, untill it breaks and sustain below the trendline.
India
Apollo Tyers Long IT!!NSE:APOLLOTYRE
I'm long in this One my SL is below 300 which is a good phycological level.
Don,t know the Target Jha tk jayega lete jayege.
longing it because it comes above after consolidation
A Must watch:- Post Market AnalysisPost Market Analysis:- Where I have talked about Strong sectors and sectors which is getting Dumped Out.
NSE:CNXINFRA
NSE:CNXAUTO
NSE:NIFTY
NSE:TCS
NSE:ULTRACEMCO
NSE:GRASIM
NSE:CNXIT
NSE:CNXSMALLCAP
Squeeze - The Secret to Successful Breakouts!The squeeze indicates tightness and volatility in a stock. In the example here of #krishana, a high compression squeeze was seen the day before the breakout. This is indicated by the yellow date in the squeeze indicator. If the squeeze is combined with the VCP pattern or the formation of higher lows prior to the breakout, the probability of success of the breakout increases significantly.
#breakout #trading #squeeze #krishana
MAHINDCIE - Stong Resistance Zone (Since 2015) has been brokenBull dominance is still required to avoid a false breakout even though Strong Resistance Zone (since 2015) has been broken. If bulls are unable to push the price further higher, the breakout could be fake.
Heromoto to take long entryA Very high probability that a stock is going to BO from the resistance area. Long after the BO @ 2745 for the target level of INR 2900=2950-3000 with SL 2610. Stock is forming a positive divergence above 60 daily is the bullish signal along with the volume during the BO. Also, the stock is forming the Cup & handle pattern again the bullish. This is for your educational purpose only.
NIFTY INFRA FORMING A BULLISH SETUP NSE:CNXINFRA Forming a BULLISH SETUP One Can Take Position Either In The INFRA BEES or In Its Heavy WEIGHT STOCKS
What is a fake breakout & how to spot one ?Fiem Industries gave a fake breakout in september and this was immediately visible based on the selling that followed the breakout with heavy volume. But the stock gave a breakout again in November & this time it was successful. This time, the successive candle did NOT indicate significant selling. In fact, there was simply no selling which means that there are no sellers in the market. To prevent significant losses from fake breakouts, I would recommend observing the follow through candles & maintaining a strict stop loss to prevent significant downside. I would also highly recommend keeping the stock in your watchlist and wait for a point of re-entry.
India Govt Bond 10YrLooks like traders expect no more inflation raise and no more Rupee fall
India's sovereign bond yields of 10YR maturity is falling from resistance
Dynamatech to take long entryLong above 2500 for the next target level of 3100. But be alert @ 2600 so bear can step in. Once this zone crosses trail the SL for the much higher rewards. All important levels have been marked on the charts. This is for your educational purpose.
Protip---
1-RSI taking support above 60 bullish signal.
2- Stock is forming higher highs & lower lows again the bullish signal.
ADANIENT - Elliott Wave ViewAdani Enterprises - As per technicals, the stock is likely to complete 5 waves on a larger degree which could result in a trend change in short-medium term.
HFCL TO TAKE LONG ENTRYThe stock of HFCL is going to be ready for the BO. Entry would be taken after the BO of the candle between 82 and 85 with sl of 70. once stock is successfully BO keeps trailing the SL. This time stock is ready to create new highs. Stock is clearly forming higher highs & lower lows. Hence, Very high probability of trade setup. This is for your educational purpose only.
Excel industries to take long EntryLong Excel after the BO of marked TL above 1225 with SL between1175-1150 for the target price between1400-1600. Stock is expected to bounce back from the support levels. High probability that stock will move up from the support area. Stock is in a consolidation phase for some time. All important levels have been marked on the charts. This is for your educational purpose only.
Swing Traders Be aware for longsSwing Traders Be aware for longs just because the market sentiments are being bearish for the shorter term much explained in above video.
Auto Stocks are setting up for a NEW HIGH#Auto Stocks are setting up for a NEW HIGH NSE:TVSMOTOR NSE:EICHERMOT NSE:TATAMOTORS
India NSE Sector PerformanceThe below indicator shows the performance of NSE Sectors and top performing stocks in those sectors
NSE Sector Performance
It will help identify the stock sectors and individual stocks in those strong sectors.
Also, the distance from 250d high/low is shown to focus on high momentum stocks
DBL - CHART SHOWS A CLEAR SUPPORT LEVELDBL - CHART SHOWS A CLEAR SUPPORT LEVEL
I'm already in the trade as the prince is at the support level of all time it it showing a clear upward trend. Weekly closed positively. RSI is showing a strong diversion on daily chart
Please comment your thoughts and analysis.
Plan your trade as per your risk apatite. I'm a stock market learner.
LTI bullish again after long consolidationReasons -
1. Already in an uptrend and now broken out from pennant pattern with considerable volumes.
2. Overall market structure is positive along with LTI's index
3. Successive Higher lows
DIVISLAB forming a beautiful price action patternDIVIS LAB has formed a descending triangle pattern with significant price action setups.
1. We can spot a supply zone that has been marked on the chart, a good amount of shares were exchanged at that price before the prices came falling down.
2. The price then took support from the demand zone as marked and made a new swing high which gave a breakout but with low volumes which ultimately failed and again prices dived deep down.
3. The last major fall was initiated by a bearish engulfing pattern indicating that sellers are now active at that range and GTT orders might be in place there so that region is very important for us.
Now, if the prices break down from the supply zone we can see another sharp fall or if it takes support we can easily see a rally upwards toward the 3800 zone.
Apollo Tyre to take long entryLong Apollo Tyre above 290 after the Break out level, for the next target level of 315-320 with SL 0f 279. Stock making higher highs on the long-term chart. RSI Also making positive divergence & moving above 60 is again the bullish sign. This is for your educational purpose only.
JPYINR - completing a ending diagonal- Upside Bias is highThe JPYINR pair has just broken out of a downside wedge (classical charting). Wave counts indicate a complete ending diagonal (Elliotwave
count) with all subwaves visible. Moves following the completion of diagonals are fast and we can expect a quick move to the 60.00 - 61.00 as an initial target subject to the recent low of 54.63 holding
