vimtalabs chart analysis for intraday and swing trading
ts gonna be a bullish day for pel. the buy entry point is mentioned in the chart buy above only if it closes above it. targets 1,2,3 are given. stoploss can be placed below trendline. the ideas which iam giving here is meant for educational purpose.if you like my analysis like,share and follow me for daily intraday analysis.
IF TOMORROW MARKET OPENS GAP-UP WAIT FOR PULLBACK NEAR BLUE ZONE CANDLES REJECTION AS SUPPORT GO FOR LONG OR MARKET OPENS GAP-DOWN WAIT FOR PULLBACK NEAR BLUE ZONE CANDLES REJECTION AS RESISTANCE GO FOR SHORT {IF IT SUPPORTS TRENDLINE GO FOR LONG OR IT BREAKS WAIT FOR RETEST AND GO FOR SHORT} NSE:ACC
Wipro has been halting at its ATH zone for quite sometime. Today it bounced from the TL mentioned in chart. Looks good to buy above 547. On the contrary if breaks TL then can expect a quick fall - Sell below 530 (fall might be very quick so need to book fast before it bounces). P.S. Volumes have been decreasing in the stock, keep an eye on the same while trading
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TVS Motors now giving break-out on daily and weekly basis. Break-out above 662-665 zone. target 705-775. Support near 626 and 640. The analysis is done only for educational purpose. Kindly do your research before taking any trading call. NSE:TVSMOTOR
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Analyzing the trends and levels, there are 3 possible scenarios considering we are in a bull run. Green: Gap Down Opening (Marked Buy and Target Levels with Proper SL) Red: Gap up Opening(NO trade ) Blue: Flat opening(Marked Buy and Target levels with proper SL). Kindly do your own research . NFA