Longterm
Eicher Motor Taking Support At Gann AngleCan be a Good Buying , Need Some More confirmations as Candle Stick Patterns.
Taking Support at Gann Angle from Deep Crash & Its Top
Suggestion : Do Your own Study As Well .
Levels on chart for an idea .
Let's See
Disclaimer: These are my personal views and trade taken on these observation should be traded with strict Sl
Only for learning purpose
This is not an advisory call. I will Not be responsible for any kind of profit or loss
Do your own study & consult your FA before Investing ,
As Investing in Stock Market may injurious to wealth.
Wish You a Happy Trading
TCS Pre-emptive Cup and Handle Target 4600• Historically, 7 out of 10 years TCS has closed positively in the months April to Aug, Avg Monthly returns in these months are >3%
• Highest gains in term of % (~24% in April’18 | ~12% in May’17 | ~14% June’14 | ~20% Jul’13 | ~20% Aug’21) has also come in the same time frame
• Recent announcement of buy back at 4500/shares can support the momentum
• Currently the stock is in formation of Cup and Handle patter on weekly chart, which expected to complete the pattern by March’22, after consolidation of ~7 months
• Upward momentum is expected to pick up post Q4FY21 and stock is expected to rally till 4600+ levels in Q1FY22 to Q2FY22
One can pre-empt the handle formation of the pattern and enter in to long trade at CMP or on dips till 3625, for the target of 4600+ in next six months.
If stock closes below 3600 on weekly basis, the view will get negated.
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Disclaimer :
-Please conduct your thorough research/analysis before doing the trade
-Idea shared is only for educational purpose
-Please trade on your own risk
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Accumulate Indiabulls Housing Finance 1.Symmetrical Triangle support
2.Parellel Channel support
3.RSI looking good
4.MACD above signal line
5.Making higher highs higher lows
Buy near - 205-210
Targets - 230,245,260,280
Keep SL near - 180 (Static)
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.
Any comments and critiques will be appreciated even if it's of opposite view as a trader can also be right so many times.
AU Bank - Inverted head and shoulder pattern - BullishAU bank is forming a H and S pattern on hourly chart with positive MACD and RSI.
Short term trend is positive. We can see 1350 - 1355 levels in short term.
All the levels are marked on the chart.
Disclaimer: All the levels are for educational purpose.
DOUBLE TOP IN BTCUSD ! IS THIS IS THE HIGH OF BTCUSDBTCUSD in the monthly chart showing the double top
and now the question is that. is this is an indication of btcusd to fall down or it will break the pattern and go higher from the past record or is it going to shift more downward which no one expected! it will be a great time if it falls to take a bearish trade! we have to wait for the confirmation to enter in trade !
Chart Analysis of Ibrealest (7 Jan 2022)Beautiful pattern in IbRealest.
Heading towards 200+ and probably a breakout from the channel as well this time.
Gear up.
Only for educational purpose. Not a recommendation.
IDFC breaking 14 yrs channel patternNSE:IDFC
IDFC wright time to buy. can start investing gradually
breaking 14 yrs channel pattern
fundamentally also strong stock.
#the_pravin #simplepriceaction #notoindicator #nakedchart #swingtrading
Rounding Bottom-Reversal in long-term price movementsBHEL, a midcap stock, technically formed an interesting price action. Looking at the monthly chart, you can see the rounding bottom. Rounding bottoms are found at the end of extended downward trends and signify a reversal in long-term price movements. If the price action were respectable, we could expect a multi-year break out. I'm hoping that any positive trigger from here will also ensure that the current range does not break. On the daily chart, there is a trend line. If that is broken with strength, it is good to add in to the long term portfolio.
AMARA RAJA BATTERIES ANALYSISTRADE OR INVEST wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
Trendline BreakoutThe stock has been a consolidation phase for over 2 years. There has been a attempt of breakout before also. Stock opened up with a gap up and is now covering the gap. After covering the gap, and sustaining above the support zone can be a good position for a short term target of 81.40.
And a long term target of a 121.50.
Please do your own study.