Based on my analysis of the daily timeframe chart of Hindustan Unilever, it appears that the stock has recently broken out above a strong resistance zone that has been tested multiple times. This presents a potentially good opportunity for a swing trade. For entry, I recommend going long at the open of the next candle. However, it is prudent to enter with only...
TAJ GVK SET for a multiyear monthly breakout target comes upto 340-350 stop comes below 315
ITC has exhausted its bull run and indicating divergence on daily chart, Elliot correct wave is also due for further up move. This can lead to fall of ITC below 400 by Aug'23. We can initiate short trade once white line breaks, or we can do now also with SL of 458 Disclaimer - The above idea is only for education purpose
The chart pattern is suggesting that INFY is trending upside and today's closing is signaling that the stock has the strength to go up. As per the chart next stops should be 1333 and 1374. Disclaimer - I am not a SEBI-registered technical analyst and advisor so contact your financial advisor and make a self-decision. I will not be responsible for any profit and loss
Elliott waves completed (08 waves i.e 5 Impluse + 3 corrective wave ) since 2004 to 2020 on mothly time frame. than new Impluse wave have started since 2020. now in present seems that 3 wave have completed & 4th wave in ongoing. 4th wave to be comes at 38% or 68% of wave 3 which target have given in chart. And target upside upto 512 level when it completed 4th...
ITC India is bullish and the top performer in the Nifty for 2023. Now in a pullback - obviously everyone is thinking about how to get in. ITC results were outstanding and the street has high targets. However buying at Life highs is fraught with risk - so how to do that successfully is what this 2 min video is about. Disclaimer - I am long ITC and looking at a...
Hindustan Unilever has formed an Inverted Head & Shoulder Pattern on the hourly chart. The pattern has formed near a resistance zone, which is a good confluence. Entry: We can go long after breakout above neckline/resistance zone with close of strong bullish candle. Stoploss: We can keep stoploss below the neckline/resistance zone, with some buffer. Target: We...
Targets are mentioned in the chart. But for long term investing. Company financials looks good. Profit down during Covid period, now gets increasing. Coffee can stock.
Analysis on 9th February 2023 -Took Support on Black Trendline. (BUY) -ITC breakout and currently All time high. (BUY) -Stop Loss (346.90 rs) can be low of Big green candle because, High volume breakout which is also consider as a trustworthy Move. (BUY) -Indicators Also showing HL while Price Action is Making HH, which is Bullish Continues...
Target : 3000 Long on reliance industries for medium term gains. Stocks can be bought for this price. 2800 first target.
Nifty FMCG can be sector of the week clean fresh breakout - Tata consumer / Godrej Consumer / Marico / Dabur / ITC / HUL looks good use the dips
both side potential avoid first 15min breakout wait for 15 min candle closing targets are marked follow risk management do your own analysis do workout do meditation start reading book
On monthly timeframe made an inside bar and have already given breakout ...buying today and keeping SL at the inside bar candle low.
#itc has formed an rising triangle pattern below fresh resistance zone, watch out for the upside/downside break of the triangle pattern breaking for next move prediction.
Stock is travelling in a channel since long and tested upper trendline many times in recent days. If breaks upward trendline, expecting good upside. For study purpose.
ITC continues to look very strong. Stop Loss Levels revised. Short term traders Stop Loss: 370 Momentum Trader Stop Loss: 360 Momentum Traders who can handle volatility can keep Stop loss at: 345 Disclaimer: invested in the stock. Not an advice for you to buy/sell. Just letting you all know the levels as per charts. Do things according to your understanding....
Chart is self explanatory. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:ITC ITC has been sideways at the highs of life time and is showing negative signs of sharp down fall set up if it comes down and breaks the range support of 378/369, below 369we can seen a sharp fall to 350 step by step with only 1 pause/support zone n middle at 363/361. IF ITC BREAKS RANGE HIGHS/RESISTANCE OF 394 and gives closing and opens new candle...