The cup and handle pattern is one the most reliable pattern if it shows these signs in its formation: Big volume buying on the reversal from lows which shows that institutions are buying. Volume dry up on pullback shows in handle shows that the supply is being consumed by institutions showing no selling pressure. 2x or 3x the average volume on pivot...
A huge move awaits in JSW ENERGY as it is indicating a bullish continuation pattern. So keep an eye on it and draw the analysis on your chart
BUY : 448 TO 500 TARGET 857 TO 1041 Reason For Selling This Script : In this script it has formed the side ways pattern for longer time frame. Now price came to support of the side ways. And it also forming the triangle pattern in monthly time frame. Now the price has formed the support in bottom of the box. So we can go for buy as above levels. Once the price...
INFO EDGE has been respecting the trendline since a long time and has always hit the lower channel followed by hitting the upper channel which gives an opportunity for a quick profit following past data and all done on above average volume. Support of 50EMA and trednline provide enough confluence for a quick long side trade targeting around 4591.45 Tight stop...
HCL tech broke past its long term trendline and made a retest while forming a reversal candle and has now broken out after a tight box consolidation. Limit order could be placed right above the 50ema for a quick profit at 948.60 for 1:1.5 risk:reward Keep It Simple
Asian Paints Ltd. (ASPN) near breakout level once this trend line break with high volume asian paints move more upside. BUY above 3518 upside 18% movement possible. upcoming months sep oct nov festival session going to start so it will boost the sales in asian paints and profit also. Thank you.
Pidilite broke resistance of 2764 (high of 13th Jan 2022) on 2nd Sept and if now price retesting this zone which will act now as a support. Entry near 2770-2780 price range will give great risk reward for swing traders. Targets as per Fib are 1) 3112 2) 3471. SL any day closing below 2750, with risk of Rs 20 reward of 300 will give 1:15, put alert and when you...
Clean science been consolidating for about 2.5 Months now and gave a real good breakout from a range in inverse head and shoulder pattern formation. The prior downtrend shows that there is consistent pressure from sellers but a turnaround after consolidation shows that bulls taken charge again. Also the big 200MA also taken out by bulls. The only concern here is...
Equitas bank looks good to buy on daily time frame. stop loss = 42 target = 56
Take entry now at 1500 and target is 1510. now follow me fro new updates and news
With IT index looking good, many IT stocks have started technical reversal. Nazara is ready to touch new highs again.
Symmetrical Triangle Breakout in Nesco Ltd. Stock has finally given breakout from its symmetrical Triangle pattern in weekly chart. Previously 625-605 was acting as major resistance, but now stock has managed to close above this zone with good volume. Going forward this should act as a good support if price retraces to its previous levels. Any price between...
Looks like this week ITC will close comfortably abhove its 2017 highs. Volumes are a bit low. September is the month to watcho out for. mutual fund buying is back and has been rerated by many fund houses.
ICICI LOMBARD GEN Looks Bullish for Short Term on Daily Charts. BUY ICICI LOMBARD GEN @ Rs 1228 Targets Expected are Rs. 1310 - 1320 in the next 10 - 15 Trading day Stoploss placed below @ Rs. 1174 NSE:ICICIGI
TATA POWER CO LTD. Looks Bullish for Short Term on Daily Charts. BUY TATA POWER @ Rs 237 Targets Expected are Rs. 280 - 290 in the next 10 - 15 Stoploss placed below 224 NSE:TATAPOWER
Pfizer has comfortably taken its very long term support. Its a great price to add at. #EducationPurposeOnly #DoYourDueDiligence