heromoto double bottom on weekly chart decide your stoploss and target on your own time for a long term investment
Keep an eye on the stock and can be added when near lower end of the channel
Stock has given a breakout after consolidating in range .. The breakout has happened on hourly closing basis. There is easy 10% upside from here at least.. go in if price sustains above resistance on DCB ..
1. One year time frame, the stock is uptrend. 2. Formed ascending channel. 3. FIIs has increased 8.5% their holding in June 2021 Quarter. 4. Company excepted to give good returns near quarters. Disclaimer : This is NOT investment advice. This post is meant for learning and educational purposes only.
Reliance is moving in a cyclical pattern since it made ATH. What must be done? I'll answer few of the queries regarding this stock. From 2009 till 2017, this stock was flat, trading inside a horizontal channel (not visible in the chart). After 8 years, it made a move, and from 2017 till 2020 it followed an ascending channel (shown in the chart). In 2020, it...
As they say history repeats itself in the markets too, earlier EICHERMOTORS has broke out forming ascending chart pattern with support zone being the long time demand zone, looks like it is forming a similar ascending triangle pattern again, Look for buy opportunities in case of breakout
NSE:INDUSINDBK INDUSINDBK remains on an oversold zone on daily time frames and is starting to show some buying pressure. There is a clear negative divergence on an hourly time frame thus indicating a bullish bias.
Hi Everyone Long position possible in Audcad as you can see that we can easily get 1:2 risk to reward ratio Thanks for visiting it means a lot for me
OPEN CHART FOR ANALYSIS Daily charts of SBI life shows that the stock has been moving in a specifies price range making continuous Higher Highs and Higher lows. A few days back it gave a good breakout with volumes. And it showed a pull-back now and took support of the range line. Also, if we look at the 1-minute chart of Sbi LIfe ins. (not able to upload...
Now Market in Bullish Trend Yes Its Unsual Price Action But We WON'T GO AGAINST If Tomorrow Market open above 35800 Taking Support then Go Long up to today's if level breaks then 36600-36700 level If Market Open flat and Go Sideways then only trade at 35800-35850 level go long otherwise don't trade. Or If Market Open gap up above today's then let take support of...
The stock has broke out from the resistance with good volume and the candle on 4th aug has respected the earlier resistance as support, follow the price action for long entry
Va Tech Wabag Currently trading at 375 Company Involved majorly involved in Water Treatment. Recently Stock in News after procurement order from Russia. Also Rakesh Jhunjhunwala held 8% stake in this. Stock Showing turn around from lower level, with Volume coming also. Recently On weekly Chart Breakout shown, with volumes. Can buy 30% at CMP and add further if...
DIVIS LAB is making a very good head and shoulder pattern which is right at the support. The resistance was broken earlier now turned into support. So some bullishness will result in a good trade. So watch out for this one. COMMENT down below your views on the analysis.
Edelweiss Financial Services Ltd go long above 104
Watch GICHSGFIN above 200 (also a psychological level) can move well :) Also supported by volume .
On the daily charts of SBIN, it can be seen that it is taking support of its recent trendline (yellow one) and there is a year old resistance too (green one). (OPEN CHART ABOVE) Also, on the weekly charts, a breakout then a retracement kind of action is seen. Also there is a good buying pressure at the day end today. This shows that soon a breakout is expected...
Chart is self explanatory FOLLOW IF YOU LIKE THE ANALYSIS LIKE AND COMMENT WHAT YOU THINK ABOUT THIS!!
OPEN CHART FOR DEATILED ANALYSIS Follow for more such ideas Like and comment what you think about this