Escort after long uptrend as mark on chart is
now consolidating/distribution phase.
keep in your close watch upside level Upto1220
down side level upto 1050 & 950
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BHEL has given a very beautiful for Cup & Hndle Pattern and its now test the channel. We ca Initiate a long trade here with stoploss below previous swing low for target 43-44
Glenmark is forming an curve pattern and an very exciting one.
Key-levels are 485 once broke will Give a good upside momentum.
This is my view and lets hope for the best.
This is a long term idea for HINDUNILVR. The overall trend for the stock is bullish, hence going long. (Always stay in the direction of the general trend)
The price has been making higher highs and higher lows. Currently it is stuck in a tight consolidation range. I am expecting the price to break above 2280 (high of the current range). Once the range is broken,...
Stock ( NSE:IGL ) looks bullish ,
important levels are
entry range : 400-406
stop loss : 380-390
target : 435-450
demand zone === support area
supply zone === resistance area
Disclaimer:
I am not a registered investment, legal or tax advisor or a broker/dealer. All investment/financial opinions expressed by me are from the personal research and experience....
Now price is at a Major level - if a healthy breakout happens, its most likely to take the price to higher levels.
also, Possible for a retracement to 49 levels.. and if sustain this level most likely to move as drown in the chart.
This Analysis Is Done Only For Educational Purpose, Never Invest Or Trade based on this. I have all the rights to be wrong on my...
Stock has tested in major support zone of 63 and bounce back from those levels and broke the down trendline indicating continuation of the current momentum. A Fresh can be initiated at 66.5-67.5 levels with stoploss below previous swing low for target 1 and target 2
The news side:
IEX is to commence trading on GTAM from this Friday, 21st August 2020, which gives the stock good support as well as a boost for a good upward movement.
The levels:
The 196 level seems cautious, may work as resistance.
However, the latest formed depth of head & shoulder pattern gives a target of 200+
3IINFOTECH Cup and handle pattern formed in Day Time frame
Buy above 2.95 to CMP 3.25
Stop loss 2.19 below day candle close
Target 4.80
This is education purpose only.
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
