Hidden Bullish Divergence observed in daily charts & stock is trading near support levels of 1385 levels. It is having strong support near 1338. Stock may move downwards as markets are correcting, eventually stock is likely to trend upwards to 1425+ levels. Positional Buy ACC @CMP of 1385 Target - 1425, 1450, SL-1338
SBI Cards and Payment Services Ltd has retraced to support levels of 730. It can be bought above 749.5 for targets of 790 & 820+ levels. Maintain Sl below 720. Aggressive traders can consider buying at current levels of 733.
SHILPAMED recently has given breakout. Now it is dancing in a box of 604-695. So, one can go long/accumulate in the range of 605-626 with stoploss on day closing basis(DCB) of 603 for the target of 695 which will give a superb risk reward ratio.
This Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
BLS International (Micro/small cap) CMP: 96.30 (NSE) -> Promoters Increasing their shareholding -> Strong buyers (Candles) -> High Delivery % in the last two weeks. -> Trading above normal volumes Target 1: 120 Target 2: 140 SL can be based on MA or previous low. Buying rage should be in the range of 87 to 90 Note: Low liquidity stock
THE STOCK IS MAKING AN INVERTED HEAD AND SHOULDER PATTERN. (1 HR TIME FRAME) AND THE LONG WICKS IN 1 DAY TIME FRAME INDICATE BUYER PRESSURE. THERE IS ALSO BULLISH ENGULF HAPPENING P.S NEW SWING TRADER.
OBSERVATION : We are in indecisive market, expecting an attempt to push up soon. But don't expect it to hold above 12500 for now.
Dee the result of last similar formation highlighted in the chart.
Stock is moving in a channel. Currently at support / lower end of channel. As this level have been tested multiple times, might break and give a short opportunity ! However, a good bullish signal / candle might also give a good long opportunity + good R::R! Worth keeping a watch! Note: Stock is in downtrend from last 2 years!!
Stock is in uptrend + respecting MA 200. Gave the breakout after build up and taken support at previous resistance / breakout area. Currently seems to be consolidating, respecting trend line. If breaks the trend line, might run for ALL Time High! Current scenario seems to be favouring long opportunities !!
There has been a breakout in COALINDIA with strong volume. Wonderful opportunity to enter as a swing trade.
I will go LONG on banknifty because: 1) The price is under Support/Resistance zone. 2) It has touched the support and may reach the resistance zone. 3) Target would be the Resistance area. Book profit when it reaches the resistance zone. 4) The price is also forming a Chanel or Rectangle Pattern .
I have made an effort to map Astrological parameters (converted into an index of Sentiment) with Nifty from 1996 to 2020! . This will give a sentiment indicator (not price) for NIFTY in the long run. The 1.5 min video is uploaded in You tube under " Nifty Astro Sentiment" under my name. The future projection is made upto December 2021 People who are...
The chart is forming higher lows gradually on the 15 min chart. Strategy: Wait for bullish confirmation and make and entry around 6300. The strategy will fail if the lower trendline is broken and keep the SL at 6100. The target is 7150, presenting a 3:1 RR opportunity for this trade.
Symmetrical triangle breakout on daily chart with high volume. BUY: After it spends an hour above 324 SL: 298.75 1st TGT: 352.9 2nd TGT: 378
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. June Series Option can be tried. Wait for entry setup, if available then Long/short. Reward is 7-8 Times