Elecon Engineering - Bullish Trend
Based on Monday's open and close there will be 2 chances.
If opens above 245 buy and the target will be 290
If Monday opens & closes below 245 then the stock will be on retracement
After retracement with a strong bullish candle Buy at 218, the target will be 250
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Hey guys it's for Monday. Look if it take support near or in the rectengle area then it should go up. So here u can enter where u want but best exit point would be 200 ma the black one.
But ofcourse trade with system stop loss.
CHART OF AstraZenca Pharma Ltd
1. Today we'll discuss another stock which is AstraZenca Pharma Ltd
2. Today Date is 19-09-2021
3. Currently stock is trading at 3139.90 which is shown in candle chart.
4. As per my learning there is Technical Target 3950 which is shown in image above, which is approximately 25% gain.
5. How much time it takes to...
Description: Thyrocare Technologies Limited (daily): the stock has held the bottom side area around 1300 for the last one month. Looks like the flag breakout has already been given. This is a low volume
stock, so above the break, move will be quick in intraday.
1370 +is a new level to watch.
ICICI Bank is trading at important support zone of 640.
Good opportunity to trade:
Buy if fails to break 638 with 635 Stoploss.
Sell Below 638 with Stoploss at 645.
Swing Trade in Futures with Hedge.
(Levels as per Spot and trade in FnO)
Apart from Support zone there is clear rising wedge pattern visible on the charts so max chances we will get Short side...
Analyzing the trends and levels, there are 3 possible scenarios considering we are in a bull run.
Green: Gap Down Opening (Marked Buy and Target Levels with Proper SL)
Red: Gap up Opening(NO trade )
Blue: Flat opening(Marked Buy and Target levels with proper SL).
Kindly do your own research . NFA
As We can See on 15Min Time Frame its is showing SymmetricalTriangle type of pattern
and RSI aslo Weak ...
Making Lower lows and Faced Resistance too long
It might me open downside on monday then we can see short side target
lets see monady where it goes ...it can go both side and give closing at up or down side then we will see big momuntum...
ON Daily Chart...
Using the concept of Elliot waves and NEO waves, considering the Fibonacci retracement and the trend channel, according to my analysis nifty will hit the levels around 10700, the last correction was nothing but a bear trap, i have already bought nifty calls for 10700CE while market was down.
Disclaimer- This is just an analysis please take advise of your advisor...