NMDC is on BUY SIDE, Purchase for long term & sort term, Making reversal pattern with strong support at 130-140.
Tata Motors have successfully broke the trendline and retested it. Now its heading towards it 1st target of 335 levels. Its better to book profits at target 1 itself as Auto industries are facing Semi conductor shortage. It can bring the stock price down in upcoming days. We can execute Long as it shows Bullish momentum regardless of the Inventory of Semi...
#sswl Steel strip wheels Ltd. One of the biggest alloy and steel rim player. Some renowned names hold stake in it (Tata steel, sumitomo metals) Customer base has names of Kia, Tata, BMW, honda. Holds more than 50% market share in each and every segment. Currently under pressure due to automobile Sector weakness, good time to start...
The stock is standing at its 50% Retracement from All-time High to Lowest Bottom after covid crisis. Followed by major Trendline Support. Increase volumes and good breakout. Tried to break 50% but retraced. 50% will be an excellent S or R. Targets can be 792.
The Stock has been on rise for the last few days, if its able to break the resistance and close above resistance, then one can take entry. Looks good for swing above 145.
CDSL Daily TF Breakout, good for swing trading above 1600.
IFRC tried to break the ATH to time but failed but Lower low cannot be seen here. The third attempt to break the ATH might be successful.
The stock has again bounced from the support channel. If sustains above may go in an uptrend. possible targets maybe 422/452. Only for learning and sharing purposes, not a trading recommendation. Please comment with your views. happy trading.
NSE:BANKNIFTY is about to break trendline forming from last 40 days. Breaking this trend line could lead to Quick Big Upmove. . Safe traders can wait for entery above 100 Days EMA The Stoploss should be below last swing. The Resistance levels are mentioned on the charts. Enter For Long Trade above : ENTRY - 36600 ( Candle Closing ) SL ...
here is the technical analysis of SPICEJET its way to go up place SL below support target is 84 this is not a call trade at your own risk
TCS is bouncing from the Trendline, if the broader markets hold - this can be a good positional trade opportunity.
BHEL is beautifully bouncing on the Trend Line giving a good entry for a Swing Long. Enter for a positional Trade CMP: 60.5 T1: 68 T2: 71 SL: 55
According to Head & Shoulder pattern your entry point will be above 7650 and target will be 7780. SL 7592. Happy Trading.
#Colpal has been testing 200 EMA on weekly timeframe since it's inception and always bounces back, there's no reason this time should be any different. One can accumulate it here and for new ATH. This is not a momentum trade and it will take probably few weeks for uptrend to resume, till then accumulate. If Weekly closing is given below 200 EMA and low of that...
i have made a analysis by using few technical indicators and trend lines. My observations is as bellow. 1) Based on the trend line analysis- stock is following the up trend since 8 months 2) Fib- retracement: shows good buying opportunity at 85 to 90 points, so that at this level the stock comes and touched the trend line, becomes a good entry levels. 3) RSI...
Their are more logics behind the technical trend followed by the JSW Steel, #drop in #petrol prices. #demand in metal sector #respecting trendline Movement Expected.
HCL is under good buying Technical : FibRetracement Trade Type : Swing(2 months) Target : 15% Fundamental : Good
After rally, Tata motors is trying to fill the gap. has broke the support that hold the stock above 460 range for the last few months. Probably It should go down to fill the gap and its a good opportunity for long time investor. Short time traders need to look out for the new support and reversal confirmation