The stock is consolidating in a range for over a month BUY If sustain above 1258 target is 1290
Disclaimer: This idea is for educational purpose and kindly buy as per your risk management.
FUNDAMENTAL INFORMATON ABOUT COMPANY :-
Cummins India Ltd....
For PEL we will use the strategy which includes EMA(exponential moving average). Now remember this is a long term investment so it would involve buying in small quantity and buy on dips.
Current Price action
CMP = 1012.15
1. EMA 9 = 1031.45
2. EMA 20 = 1030.85
3. EMA 50 = 1012.90
4. EMA 100 = 1039.00
Look to buy above 1042 for our next target 1158.75
KPIT TECH - Long-term Analysis
1. Breaks primary trend downwards, is a negative sign.
2. Now in a long unwinding phase.
3. Waiting for the breakout movement.
4. If it breaks upward means I have sudden resistance/support point at 570.
5. Only positive when the stocks open and close above 570.
6. Otherwise I will be in negative sentiment for a long time.
Hello, bajaj auto long-term swing trade buy: 2,670 target: 4,330 stoploss: 2,460.
LOGIC BEHIND TRADE: Stock has formed w pattern on 1w chart & given breakout of dynamic trendline & static resistance, pull back buying strategy (target identified from harmonic xabcd pattern level 1.131) stoploss is tajen low of resistance candle. RR looks good for long term...
Hello, castrol india long-term swing trade buy: 105 target: 214 stoploss: 98.
LOGIC BEHIND TRADE: Stock is trading on monthly support on 1w chart formed bullish candle above high breakout buying strategy (target identified from harmonic half bat pattern level 0.58) stoploss is taken low of bullish candle, RR looks good in stock. NSE:CASTROLIND
Natcopharma analysis for long term.
1. Price came from all time high
2. Price got support from Monthly demand zone.
3. On daily time frame all supply are tested
except one 1049-1014
4. Waiting some formation to get entry
5. Target New all time high
AU 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.
Recently Nifty IT was Facing counties Facing resistance From A past Trend line And Crossed the line yesterday.
But Make or Break Level is most important As it also form A double Top Pattern.
Buy above IT stock above this Level
Hi everyone, Burger king india stock is trading in symmetrical triangle pattern on weekly chart & currectly stock is near it`s static support 145 can conisder buying if support get`s break next support 125 and all time low bottom of stock is 108. Upside resistance is 190 & then all time high 214.
LOGIC BEHIND TRADE : Stock trading in symmetrical triangle pattern...
If you look at chart at around 623-618 zone, we saw price rejection/resistance from this level. today in 1D timeframe the candle has given strong closing above the resistance zone with unusual volume which sounds good for this trade And same zone 623-618 will act as a support zone. Can make fresh position at CMP OR if you see any pullback/retest/backtest from...
XAUUSD has been following the Fibonacci Channel for quite a long time now. It already hit the 3.618 level on the channel. Now, it has tested the major resistance trendline (black one). It might test it again and then fall to the 4.618 level, which is around $1750.