Bullish pinbar on a key level of support (below green line and zone is weekly support) indicates we might end up testing the 40k again but closing above 35500 is very imp for that
Date: 20/06/2021.
PROS: 1.stock is in uptrend since april with higher highs and higher lows
2.and on 18th friday at near support by trend line 50 EMA ,the last candle was a red hammer represents a little bullishness.
3.if stocks breaks and closes above trend line then it will move further.
CONS: 1.On friday a red bearish hammer forms but not...
Avadel Pharma
Cmp - 7.85
Stop - 6.5 on DCB
Expectation -
T1 - 13.5
T2 - Open, Review at 13.5
Expected Holding Period - 100 trading days or earlier for T1
View:- Swing/Positional
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
Excellent Opportunity to buy the stock. Strides revenues in Q4FY21 grew by 47% YoY to Rs.908 cr during the quarter with sales growth in the regulated markets and emerging markets.
I have entered around the 770 mark as Investment and plan to hold for long term
Chart study, not a call
One of the most talked-about stocks of the Indian markets, ITC, is at a crucial zone yet again. 200DMA + 200 psych level + support zone + RSI40.
It's retested this level 9 times but is forming lower highs. Will be interesting to see if we're able to see a bounce this coming week...
Marked as a 'Long' with a stop below 200DMA, roughly 4-5%.
D Link India can show a big move or stock can boom anytime. Charts Show that it is in a accumulation time with huge all time high volumes. 3 Rounding Bottom Formations which together form a big Rounding bottom pattern. This pattern is formed after a bullish uptrend from 40 levels and clearly in consolidation. Stocks like Smartlink have runaway significantly so i...
Watch-out for stock to break weekly resistance trendline and can long above 101.1 for short term target 122-132 levels and long term target of 145 that is 100% fib level extension and also 3rd impulse wave.
Volume in weekly chart can be seen increasing and accumulation period is over almost. Time to ride the stock.
Value investor and swing traders can long at...
The analysis is given on the chart
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I am not a SEBI registered investment advisor and hence do not follow my analysis blindly.
Be aware of what you are trading and the risk associated with it.
Stock market is risky and you can lose a lot of your capital.
Be wise and...
▰ Stock of The Month #4: SUNPHARMA ▰
📌 I have found 25 new patterns on the charts. These are original and unique patterns that can achieve their target almost 80-90% times. Here, I have posted one of my favourite 💕 chart patterns.
☆ I will post the remaining patterns one by one every month. For more, you can check out my previous studies 😍 as well. Kindly see my...
Daily charts of Minda Industries shows breakout from a crucial range (purple). After that a retrace is being witnessed. Retrace is expected till the purple zone.
Look for buying opportunities after the retrace and wait for confirmation candle. Also, after the retrace and a confirmation candle (with a good body and volume) it will also become a flag formation...
"Reposted due to some house rule issue"
Since Liquidity is High both Nifty and Global markets are trading at New Highs.
Covid cases are decreasing and Vaccination Process is speeding up.
Nifty on Weekly and Monthly Charts, we can see Bullish Flag and Pole pattern with 11557 and 13667 as Pole (2104 points) and 14729 as Breakout area of Flag.
Hence Target for...
General Insurance (GICRE)
Cmp - 201
Stop - 170 on DCB
Expectation -
T1 - 340
T2 - Open, Review at 340
Expected Holding Period - 120 trading days or earlier for T1
View:- Swing/Positional
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
DATE: 18/06/2021.
Bharti airtel has clear rsi bullish divergence in 1 HOUR time frame and also
in 1D time frame it forms clear long wick hammer represents buyers took charge ,
if it breaks 542 it will go up near 563, if not it'll went down because in 1D TIMEFRAME it forms head and shoulder pattern ...
buy at 543
stoploss at 533(1.9%)
target at 563(3.7%)...
FOLLOW...
Consolidation breakout confirm
Be on long side with SL as lowest wick of breakout day candle
New high is on the way
Technical indicators are also in favor of bulls
![DLINKINDIA: D-LINK (INDIA) BIG MOVE IN ACCUMULATION MODE [SLEEPING GIANT]](https://s3.tradingview.com/m/mcx7vh31_mid.png "D-LINK (INDIA) BIG MOVE IN ACCUMULATION MODE [SLEEPING GIANT]")
