YESBANK | Bottomed out ? Monthly chart looks taking some good support. Lets trust the RBI. Don't put more than 2% of your capital 😜 CMP : 12.90
Its the trade of the decade. But the breakout should be confirmed by clearing the short term resistance. Wait for that. If it clears buy it and keep the trade open till previous high is touched. Book partial profits there and leave the rest for investment.
CHEMCON was one of the bumper listing IPO but post opening it was under heavy sell off. Now the stock has formed double bottom and cleared the nearest price action and gave a breakout. Go long.
Good Buy-on-Dips Opportunity at these levels..
Asianpaint has come out of consolidation and has given a breakout from triangle pattern. It has crossed its ATH(All Time High) with good volumes. Its an evergreen stock and sector. A large cap and must be there in everyone's portfolio. Buy them at this price and wait for good returns over the years.
NSE:BBTC Structure looks quite appealing. - Up move has rising volume with the corrective arm having below average volume per say. It looks more like a Bullish Wedge pattern in making. - The potential support region is placed around 1160-1171 with multiple confluences converging i.e. 200 EMA along with 38.2% Fibonacci level. - The recent up move blast has...
Pfizer has formed a Cup and Handle formation. Company is fairly good. Given the uptrend in pharma industries due to COVID and pfizer being an MNC, its a good trade to take if the BREAKOUT has been confirmed with daily candle closing above 5240.
It was clearly overbought. Still, fundamentally a great company. Could be an option to accumulate at the bottoms.
This sahre is crossed above 50 ema in weekly chart and good volume hear .After a long time consolidated moved up 147 -148 and also 2% deep this share buy for short term next target is 165 +++++ Closing basis stop loss is 129 up trend in daily and weekly time frame.
After long down trend now price making higher high and higher low formation on weekly chart and looks like price get breakout soon from it's resistance zone. Trade plan given in chart so check it out.
Disclaimer: All charts are purely for educational and information purpose. Invest or Trade with the help of your financial advisor only.
Disclaimer: All charts are purely for educational and information purpose. Invest or Trade with the help of your financial advisor only.
NSE:POWERGRID POWERGRID is in its support region and there is a resistance from above also. So, if it break out the above pink line with heavy green candle than it may go UP if it breaks the below support region than it may go down. If you look properly, this same pattern is repeated multiple times in Powergrid. This is just my analysis DISCLAIMER :...
Waiting for dips on daily, I will enter at a favorable R:R
A BUY SETUP FOUND ON BALKRISHNA BALKRISHNA , A FUNDAMENTALLY SOUND STOCK FOR MEDIUM AND SHORT TERM RETURNS WEEKLY RESISTANCE BREAK OUT DONE AND RETESTED IN DAILY CHART FRAME . A BUY FROM HERE FOR PHENOMINAL RETURN CAN BE EXPECTED . TAKE CALL ON YOUR OWN RISK
MANAPPURAM | Seeing a Flag formation in Daily time frame & Weekly time frame shows strong rejection in downside. After a scary H&S pattern the stock gave Wedge breakout but broad market pulled the price down again. Personally one more strong conviction it has taken a great 20 EMA support in Weekly pattern. CMP : 153 Strong demand zone : 140 Target : 180,190
Keep an eye on it. Ready to blast above 120
TREND ANALYSIS & TRADE SETUP ! Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. Wait for entry setup, if available then Long/short. Reward is 10-12 times .