HEG possible move up ..Will look for the pattern to break on the upside with good volume. Volume shrinking depicts that supply is decreasing, which makes it a high probable candidate to go long.
Indianmarkets
Update On CiplaThe stock has been consolidating near the support and the price given in the last post (959.20), brace for a breakout on either side.
MCX Swing trade with a lot of confluences.As you can see in the chart - stock has given a breakout with increased volumes.
23.6% fib level from the previous swing is also near the retest level.
At the retest look for massive rejections of lower levels or double bottoms or inverse head and shoulders.
NSE:MCX
A good opportunity in NESTLE INDWait for the break out or watch for buying opportunities above 17809 . After days for consolidation finally on the verge of breakout
Can put a strict SL on 17534 and breakeven the trade if price touches 18141 and book near 18643. Potentially a good risk to reward trade.
Time frame- 1H NSE:NESTLEIND
Bharti Airtel trade analysis | opportunity to buy | Bharti Airtel trade analysis | opportunity to buy |
when N breches the red trend line there is a buy signal if you are find a short term here it is . put your eyes on this stock when they breches the red trend line buy it for short time may be 2-4 day if ou hold more you can for breaching black trend line because black trend line is very strong once it brech by stock . the hole trend will change
D-Mart trend analysis D-Mart trend chart analysis . after analysing chart in my opinion this is right time to buy d mart for positional trade
ITC looks bearish in weekly chartITC is showing bearishness in weekly chart and may retest 164 to 155 level. If ITC cross above 239 and sustain only then it will show upside movement.
Coal India Bullish Long TermCoal India is looking bullish on Charts. On breakout above these levels will lead to a good rally till 190... Enjoy and have fun.
Let me know if you have any queries and i would love to answer them.
Reliance Industries Trend ReversalAn uptrend is about to reverse, because of the hanging man and the strong resistance
ICICIPRU "SELL ON RISE CANDIDATE", FOUND "TWEEZER TOP"Now Icicipru won't rise until it closes above 538 on Day Closing Basis.
Closing Price - 499.7
Any Rise Close To 525-530 Sell It In Future With Strict SL Of 538 (DCB), Target - 10-15% From Selling Price..
BSE: Possible BUY on the back of misfortunes of NSEBSE is no threat to NSE on any possible metric. After NSE's listing, it will benefit only to the extent that NSE will be listed on BSE !
Its in a parallel channel since April.
Now at 572, its a buy.
Asian Paints failed to reject down trendAsian Paint Failed to break down trend
Safe traders buy above 2530 risk traders buy above 2500
Targets 2600,2650
Sl 2430
HAPPSTMNDS : Looking for great buying oportunity!HAPPSTMNDS is looking for a great buying opportunity has the chance to take profit minimum 10-12% for this coming week.
Big Bull run in INDIAN HOTELS , keep your eyes on it.Take a position within 5-10 Days.
Message if there is anything wrong.. Thank you.
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
SWASTI VINAYAKA- FAKE PUMP? IMPORTANT LEVELS TO LOOK AT!SWASTI VINAYAKA SYNTHETICS LTD
The bulls have soared the price a lot in the last week.
But I think this is just a fake pump since the Volume has been constantly low and is decreasing more.
Hence, price actions show a lot of noise.
RSI is already in the overbought territory, looking for some drop there.
All in all, I am expecting a drop soon. I have marked the levels at which I will enter the trade. It's just a waiting game now.
*Everything is marked on the chart-- Swing points, trend lines can be used for trading along with some momentum indicators.
Try to look out for a confluence of these parameters, don't trade solely using any one of these parameters.
P.S: This is NOT investment advice. This char is meant for learning purposes only. This is my personal journal. Invest your capital at your own risk.
Sell GBPINR With the sl 99.80GBPINR Just broken the trend line.Sell with the sl 99.80 with the target of 98.30
If breaks and stays below 98.30 then it may go below 200 ma.
Target and sl explained in the chart.Trade with your own risk.Happy trading.
#NIFTY change in outlookWhile I expected a wave B correction over the last few days, it seemed to be more of a triangle Wave 4 structure. What this means is that we are now looking at a 5 wave upmove. So the move down since the Aug end high is most likely A_B_C correction. WE should expect further upside post a wave 2 correction. Reliance should be a key contributor to the next upside leg
Why #Banknifty maybe headed to new lowsWhat we saw today is the last subwave v of the first leg (wave1) of the downward move. This should terminate a few hundred points lower and start a wave 2 correction and then the really rapid acceleration down in wave 3 which will "surprise" everyone.
The story is clear - the trend has turned. We should expect new lows in this index and then it should reconcile with the economic condition on ground.
All Banking stocks are sporting corrective rallies that have ended - there will be no respite whether you are HDFC,ICICI,Axis, SBI, or a Bank of Baroda
#NIFTY Short term #elliotwave outlook - DownsideNifty seems to have turned down for good , this may be several weeks of downtrend to new lows. The view is valid as long as the wave 2 high depicted here is not broken on the upside. A long term view will be published soon
