Another swing expecting max by 100 to 150 points Good reversal Above 21,50 Ma
HFCL WEEKLY CHART BREAKOUT :: Data Point :: Breakout Level: @79.00 1st Target: @86.50 2nd Target: @93.50 Stoploss: @70.00 HFCL creating Triangle Pattern and about to breakout @79.00 If it's breaks @79.00 and sustain above the price then go for LONG Position. Note: Price already trade above 100 and 200 EMA with Good Volume.
19480-19460 played a vital role in Aug series and so did 19385 in the last 2 trading days. Directional trade can be taken once Nifty decisively breaks 21 day EMA or 50 day EMA. A few days back when Nifty closed below 50 day EMA, it bounced back immediately. Now again Nifty has broken the 50 day EMA on Expiry day. Is this a knee jerk reaction or is the...
Jublingrea has formed a beautiful upward channel and is rangebound with a buy at low sell at high and sell at high buy at low move. It has pulled towards trend line on low volume. This is a risky trade as if the lower trend line breaks, the move has come to an end hence I would suggest risking less than what you usually risk at first since risk to reward is 1:5...
BANKNIFTY seems to be forming a Head and Shoulders reversal pattern at its peak. If it breaches the neckline around 44500, a considerable downward movement could follow, potentially targeting the next support at 43300. The projected target of the H&S pattern hovers around the 42800 region. Adding to the bearish sentiment, both the 10 and 20 EMA are trending...
JUBILANT FOOD Breakout happening in Daily and Weekly Chart ::Data Point:: Breakout Level: @523.00 1st Target Level: @560.00 2nd Target Level: @598.00 StopLoss Level: @501.00 *** All Target Points as per Fibonacci Level. If this Stock achive 1st Target and sustain above @523.00 then you go for 2nd Target. ** Stock moving above EMA 200 & EMA 21 on Daily Chart....
BPCL has fallen over 9% on disappointing earnings.... that's the past Looking at the stock right now, we can see 1. It is falling on low volume towards the support zone = good bullish sign ( Since there is no selling in the market ) 2. It is present at a major support and trend line ( Supports hold in bull markets ) 3. Support from 200EMA = bullish sign We...
BANK OF INDIA Weekly Chart Breakout If BANK OF INDIA Daily chart close above @86.30 then go for Bullish run on Short Term Perspective. ::Data Point:: Potential Breakout Level: @86.30 (Entry Point) StopLoss Level: @76.50 ( approx. 10%) 1st Target Level: @101.50 (approx. 18%) 2nd Target Level: @110.00 (approx. 27%)
I analyze chart patterns, price-volume analysis, along with volume profile and avwap. Also check the momentum in daily and weekly charts. Finally make a risk-reward trade setup.
Ajmera Realty, a reputable real estate company, presents a swing trade opportunity. Buy AJMERA shares between 315 to 320 and aim to sell at 340 to 360 for potential profits. As with any investment, conduct thorough research, consider market conditions, and manage risks appropriately. Consult a financial advisor for personalized guidance.
One fall another day a good point make up. Nifty is just around its ATH. Is it going to break past the ATH as Banknifty or will still take time to break through the major level? A very bullish candle and close, on the weekly charts, shows some strength in the market. Nifty has traded stronger and has sustained above 18800 levels. The bullish move is being...
Weekly chart rsi above 60 macd above 0 price above 50 ma daily chart price above 50,100,200 ma macd crossed 0 just 1 day before rsi above 70 above all make it perfect to buy for 3 to 10 days
Strong Selling Zone When Price comes near 240 to 241 and reversal candle formed sell with stop loss of 244
on 44 moving average it falls to touch moving average {44 } & again going up for making high
This study is to show the importance of a simple Triple confirmation Strategy in WIPRO that has generated a good return in the past and currently shows the same confirmation. 1. 200 Weekly Moving average – the stock must have tested the 200 Weekly Moving Average. 2. Rate of Change must be above 1 3. RSI must be at or above 50 or marginally lower. In the Past: ...
Clear breakout is seen in DTF. Taken at breakout near the trendline for 1:2 reward in daily time frame for a swing trade.
A continuation trade can be planned with small risk... Chart is self explanatory. Levels of breakdown, possible down-moves (where stock may find support) and resistances (close above which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not...
BAJAJCON | Potentially a strong breakout ahead -Good for 25-60% CMP : 165 SL : 145 Target : 210, 265 1:3+ risk reward setup for first target