The setup is simple to understand by the chart itself. The stock has bounced back from the lower support of the parallel channel. if the momentum continues, may go to 4250/4450 or even a lot more. In a bullish rally, it may go to 5300. Sustaining below 3960 will show the weakness on the charts. it should travel inside the channel if considering a long setup. This...
Greetings Folks, today I have prepared a setup of IDEA on NSE the analysis is as follows- - The price is on a good bullish trend - The price is making a famous triangle pattern - wait for breakout with good volume, if breaks down then wait for price to settle on the support below don't play with fire, always use a predefined stoploss
Greetings Folks, today I have prepared a setup of ALKEM on NSE the analysis is as follows- - The price is on a good bullish trend - its time for price to retrace a little to refuel its momentum - i have marked the immediate support below - you may also do counter trade short but it would be require high cautiousness don't play with fire, always use a predefined stoploss
Greetings Folks, today I have prepared a setup of IDEA on NSE the analysis is as follows- - The price has been on a good uptrend, now in my opinion i think price has to retrace to recharge its momentum - i have marked the nearest support zone for price to settle, but just for safety i have marked another support zone below - be very cautious if you want to counter...
Greetings Folks, today i have prepared a setup of IFCI on NSE the analysis is as follows- - the price was in a minor downtrend, its now trying to pick bullish momentum - there is good volume buildup in past trading sessions - if nifty opens positive tomorrow, then we can look to buy this after breakout don't play with fire, always use a predefined stoploss
Greetings Folks, today i have prepared a setup of INDHOTELS on NSE the analysis is as follows- - The price is trying to establish a good support, taken support around 371. - i am hoping for the price to retrace till the BSL, then it can either breakout or continue the bearish trend don't play with fire, always use a predefined stoplos
Greetings Folks, today I have prepared a setup of IRFC on NSE the analysis is as follows- - the price is speculating in a minor range right now - my current bias is bullish so i will not be looking any short trades - 2 possible entries are given in chart, the breakout and retest one is more probable - if the market opens negatively, wait for price to settle on...
Greetings Folks, today I have prepared a setup of MAHABANK on NSE the analysis is as follows- - price is currently facing a static resistance which has been tested earlier - its very probable that tomorrow it may end up breaking this resistance - wait for retest before entering as it may also be a bull trap by institutions don't play with fire, always use a...
Greetings Folks, today I have prepared a setup of IOB on NSE the analysis is as follows- - The price was in a bearish leg - its trying to pickup bullish momentum through a minor choch - have mentioned 2 entries, use according to the tomorrow's market don't play with fire, always use a predefined stoploss
Greetings Folks, today i have prepared a setup of RPOWER on NSE the analysis is as follows- - the price is looking to break the static resistance anytime now - however i still would prefer the price first to breakout and retest rather than an aggressive entry, it can also breakout down side too - if the price goes down, leave the setup don't play with fire, always...
trend line break based intraday trade looking for tgt range 864-871 stop as per comfort disclaimer - trade @ own risk
The stock price has been moving in a parallel channel in recent weeks. Can expect it to come to the lower side now. Also, a retest of the breakout at 10k levels seems due. Other indicative actions are mentioned on the charts. Risk-reward is good according to the setup. Only for learning and understanding purposes, not a it of trading advice in any form. All the best.
Greetings Folks, today i have prepared a setup of SPUTHBANK on NSE the analysis is as follows- - The price made a minor change of character - its not speculating in a famous pattern used by retailers - my current bias is bullish, so i am looking for bullish breakout don't play with fire, always use a predefined stoploss
Greetings Folks, today i have prepared a setup of UNION BANK on NSE the analysis is as follows- - The price has started a minor bullish trend - it is now trying to break the pivotal point that is the previous lower high, if this breaks, we can expect the price to continue the bullish trend - 2 possible entries have been depicted in the chart, do as the chart...
Greetings Folks, today i have prepared a setup of RTNPOWER on NSE the analysis is as follows- - The price is speculating in a minor range right now - very straight forward setup, wait for breakout either side as i am not in a particular bias right now don't play with fire, always use a predefined stoploss
Greetings Folks, today i have prepared a setup of YESBANK on NSE the analysis is as follows- - the price had a huge fall without any retracement - price is now in a range or can say a pattern - i am not in a particular bias right now, as the price has not broken the previous high - wait for breakout either side don't play with fire, always use a predefined stoploss
Greetings Folks, today i have prepared a setup of IDFC on NSE the analysis is as follows- - The price made a steep 1 candle huge fall - quick retracement is highly possible - i am expecting a gap up tomorrow, above the resistance , have also marked the immediate next resistance don't play with fire, always use a predefined stoploss
intra buy around 1294 with stop 1281 targtet 1301+ trade purely based on trendline intersection disclaimer - trade @ own risk