Testing the 61.8% levels in fibonnaci on weekly chart. and have a resistance at the same level. Need to wait for the breakout. *Educational purpose only
✺----------------Drop a follow here: @Averoy_Apoorv_Analysis ✺ I post Good and potential trading ideas on daily basis on this page of mine :) ✺✺ Target: 1000 Followers ✺✺ Chart Type: Good Resistance trendline providing resistance, making a small tiny broadening consolidation near the resistive trendline too = If it breaks out of all the trendlines and near time...
INDUSINDBK is good to enter above 1037, breakout on daily basis for immediate target of 1064/ and then 1100. Time frame June Expiry. 1.It’s above Ichimoku clouds, above conversion line and base line, chikki span above clouds. 2.Ascending wedge breakout 3. Trend lines breakout and consolidating at this price since 2 weeks.
1.buy above 1031, Targets - T1, T2, SL-1023 2.weak below-1018, Targets-T1, T2, SL-1025 3. void if opens big gap up or gap down
if price susutains above the resistance zone can go long
hi everyone in this chart pattern u can see double top and in the weekly cart there is cup and handle .Wait till it will touch resistance then then u wait uptrend or down trend.
🔰 MY thought process : ⭐A broadening pattern on the Daily chart :) meeting with fibo extension giving a perfect round number of 1300 which seems to be achievable but in a while, kinda positional setup for me :) 🔰Am I taking this trade now: No---Reason: Already in the trades of Naukri and PPL as posted last time :) also took a small position in Coal India today...
The price broke out of the downtrend line with high volume and rallied to change the market structure. The RSI moved to 70+ region, and therefore it may cool down a bit before moving up again. This will give a retest of the previous high, 950-960 region. Long positions can be opened on this retest. The target which I am looking at is 1084. You are always advised...
INDUSINDBK has broken out of the descending triangle with volume. The stock is ready to touch and probably breach 1115 and go toward 1200.
IndusInd Bank formed an advance Flag Limit Power Pattern in daily chart today on 21.05.2021. A good Demand Zone in Price Action. Long idea for short term, at 975.50 with a SL @956.45 (Risk is 19.05 Rs 2%) for a Target-1 of 1032.65 Target-2 1051.70 & Target-3 1070.75 Do not trade blindly, do your own analysis and took position. The idea is for information...
SHORT INDUSIND BANK BELOW 913 TARGET 900- 890 SL 919
ON BULLISH SIDE IF BREAKS AND SUSTAINS ABOVE 1000. SHORTTERM TARGET OF 1000 IF BREAKS AND SUSTAINS ABOVE 970.GOOD FOR LONG TERM INVESTORS AS IT HA BROKEN THE TRENDLINE AND BOUNCED BACK FROM DEMAND ZONE .LONG TERM TARGET OF 1100 IF BREAKS AND SUSTAINS 1000.GOOD BUY ON RETRACE.LET ME KNOW IN THE COMMENT BOX HOW GOOD IS THE ANALYSIS AND DO FOLLOW IF YOU LIKE ONE.
Bullish Bias Buy at CMP SL 770 Target 1140 Divergence and support