NTPC stock is in a long uptrend & a high probability that the stock will continue the uptrend and going to hit all-time new highs.
1) Long after the BO of conflux area above 240 with a green candle.
2) Previous stock move from the 50 EMA .
3) If RSI also crosses above 60, that's a very high chance of the stock going long .
In case stock rejects the area then...
Forming Rounding Pattern , Almost ready to break the resistance , Volume is looking good
MACD Line crossing Signal Line and above central line.
Everything looks positive on the weekly chart. The stock can go till 300 levels from here.
#HDFCBANK showing support level. It has returned from this point in the past.( Currently at lower level of the channel). MACD nearing Signal Line. RSI also started showing upward moment after bottoming out.
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Fundamentally , this stock has no red flags at this stage.
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Going by the analysis. HDFC Bank is a good buy at current levels.
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This is not a...
Its making a Head and shoulder pattern ,
Resistance at 181 and 195
It would be interesting to see this script in coming days and once it crosses 181 and 195.
Script is facing resistance at 115, attempted to break it multiple times. It also has good volume support . Its just a matter of time before it can cross these level which will then become the new support levels for this script.
The script also created a cup and handle pattern and successfully breaked the earlier resistance of 105 despite negative sentiments.
The Script is trading above the EMA currently showing good support level above 60days EMA.
It is also forming a cup pattern and likely to complete it without any issues. Has strong fundamentals.
NHPC forming a Cup and Handle with good volume support and breakout above the recent resistance. It would be interesting to see the script in coming week.
The Share is showing good support plus break out supported by Volumes.
+It has managed to stay above the breakout levels for the last 4 weeks.
+ Industry in all is in uptrend
+Good Volumes in last few months
price shows nice rejection from the daily level and the lower timeframes shifted structures which looks like a bullish move lets wait for the market open on Monday and will flow with the market
Nifty intrady Idea
Current Price- 18534.10
Resistance -18563, Support- 18511 !!!
UP Target : t1:18631 t2 18679,t3 18700, we can expect after a Break of Resistance $
DOWN Target : t1 : 18483 , T2 18432 , we can expect after Break of Support $
"" Execution only after break and close above or below from resistance or Support 15 minute candle .""
" "Stop Loss...
NSE:ZEEL
HELLO TRADERS
looking at chart of zeel it has bounce back upside strongly and consolidated upside for more then a week we can expect some more upside move in zeel
TARGET - 225 , 227
STOPLOSS - 207.5
The Chart shows that the stock is facing resistance near 390, As long as sustaining below the 390 level, chances to go down to 372 are there.
Also, the risk is low at this level.
Only for learning and sharing purposes, not a bit of trading advice.
All the best.
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