NSE:CNXMIDCAP Observations: 1) It has taken support at Gann Fan line 2/1 at 45 degrees drawn from the bottom of March 23, 2020 low. This confirms that 21 months old uptrend in Midcap is still intact. 2) It is near to break resistance line of the downward parallel channel formed since October 19, 2021. 3) Probability of breaking resistance line mentioned at...
GRANULES INDIA as per Daily Chart Analysis today had broken the consolidation and also broken its first resistance level 310 and closed at 313 level. The Stock should move from here and next resistance is at 335 level. Holding the Stock and Happy Trading to all
Elecon enginerring today has broken the resistance above 190 level and target 200 level and i have entered the stock on my own analysis. Happy Trading to all.
Approaching... Important Support... 8650-8700 should act as a good bounce back zone.. Once breach and closes not good for bulls.. Like... Share...
Characteristics of chart :- 1. Flag and pole pattern. 2. Volume contraction pattern. 3. Accumulation zone. Additional benefit of support from 20 EMA. Stock is ready for breakout with buy levels triggering above 212 . Stop loss 199 Target 260+ Risk:Reward - 1:3.8
Booking all my long positions in midcap stocks and holding only quality ones as its a major resistance zone ie 2.618 extension of fibonacci I wont worry if i go wrong or miss my profits. But will never ignore magical fib numbers Stay cautious with the longs
Nazar tech since its listing has been working in the range and finally, that range got broke and now it is retested! i.e. higher confirmation on the bullish momentum!
CRASSHHHHHH!!!!!! when everyone was shouting this, we were waiting for this trendline to hold and guess what guys, it did. SHAKE OFF looks like this but to be safe we will still wait for the follow up candle and start buying shares. SAFE TRADING!!!
TRADING WATCHLIST FOR W/B 6-9-21 INTENT I will only be sharing the time frame and the scrip name. I will leave the trade basis aside as the intent is to engage the reader in learning the basics of finding good scrips. You can have a look at the charts and place your favorite indicators and check it out if any of these fit your trade plan. ON MY WATCHLIST FOR...
Our Favorite is now back on track.. 49 is main resistance...close above 49..we se a target of 55 to 62
Above bullish threshold approaching short term hurdle... Trading levels Marked... Happy Trading... Like... Share... Follow...
Can initiate buy above 165 keeping 161.45 as SL. Target 169 and if keep 169 is taken out 174 can be seen Do your own research before initiating a trade.
BDL Buy - Above 380 Sl - 360 Target -420 440 460 Keep Position Size Under Control
Midcap 50 has breached CML. 6680-6600 is likely on card . Will wait for some more time to buy mic cap
smallcap trading at major support. Going To Buy This Dip. It has shot up like anything, normal profit booking.
Any rise will be sold into...... Not a good setup for medium term investors.... happy trading.... related idea : refer below
21/8/21 - In trending market the index has taken major supports from 50ema multiple times - Next support zone if 27000 is broken on closing, next support on 26500 levels - Oscillators also going near OS zone, keep an eye
A possible target in Bse Mid cap Index Wll be 30k in few years Some correction Possible Before Hitting 30K