colpal : 1673.70 trade setup: 1. buy till 1654 cmp 1673.70 2. keep stop loss as 1604 on closing basis 3. targets : 1739/1774/1824+ technical buy set up: 1. double / tripple bottom 2. support / demand zone note : buy based on with simple support and demand zone , price nearing 100 ema . & strong reversal zone
Bajajauto Long Stock prices sustained around 200 day EMA Rising RSI Buy at CMP- 3757 SL- 3650 Target- 3860, 3965, 4030 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
This scrip is in an uptrend for a while and it is now consolidating a bit. Swing traders may consider to long this scrip after a breakout from the symmetrical triangle pattern as there were two supports (21EMA, Fibonacci Pivot).
This is a weekly chart of BTCusd, bitfinix. I've plotted 2 Weekly Moving averages (w-MA) on this chart - 20(Green) & 50 (red). As you all can see clearly that whenever in the past 50 w-MA crosses 20 w-MA and comes above it, we've seen an average of 50-70% correction in btc. So according to past data, if again 50 w-MA comes above 20 w-MA, i'm expecting a correction...
Copper Sep Long Yesterday took support at 100 day EMA . Today gap up open above 20 & 50 day EMA. Buy at CMP- 725 SL- 722 Target- 728.6, 734 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
bnb breaking out of the wedge pattern let see if it sustain the hourly candle will take trade based on breakout and retesting 405.65 level and cross checking it whether it gives wick rejection 20 ema the target will be followed based on ema trend following system
Good Inv H&S in 3M India T:30500 SL:23850 High probability trenline break at 200MA
This scrip is in an uptrend since its debut, it had now given a breakout from a correction. There are other reasons to but this scrip. 1. Bounced back from the monthly Fibonacci Pivot 2. 21EMA is about to cross 50EMA 3. Rise in volumes with rise in price 4. Rise in RSI (67) Swing traders may consider this scrip to long with SL of previous swing high and a target of ATH.
This scrip is being in an uptrend for a very long time, now it had bounced back from a inflection point i.e., there were three supports 1. Trendline 2. 21EMA 3. Monthly Central Fibonacci Pivot So i think this as a perfect opportunity to long. Swing Traders may consider to long this scrip with SL the trendline or below the S1 and with a target of R2. I kept RRR of 2
Disclaimer :- *For educational purpose only it's not a call do your own analysis. Stock has given Breakout of channel pattern retest has done & trading above all moving averages. Bullish hammer has formed. Thanks! #Breakouttrades.....
Self explanatory Chart. Not a trade recommendation only for learning Purpose 🙂
This scrip had brokeout from a range then retested the resistance and now it had broke the Monthly CPR resistance with good volume as well. bove theAll these generated a buy signal for this scrip. One may long this scrip now with SL below the resistance or below the range based on their risk appetite. This scrip is trading well above the 21EMA, so there might be...
stock keeps resisting 200 day moving average and keeps falling, what's it gonna be this time? any views would be appreciated :)
Aurobindo Pharma CMP 740 - In the last month and a half, the stock has taken a lot of beating and has been down and out... - since 18 Aug the stock has climbed slowly and steadily - the stock has seen resistance exactly near 20 day EMA Momentum might be seen once closes above 760. The zone of 738-712 if held on to may provide a back bone for further recovery...
A fundamentally strong company with with a upward potential being seen in a ascending Triangle . 20 ema offers a good support for the upmove .
Kotakbank Long long consolidation around all the moving averages stock is ready to breakout. Buy above - 1751 SL- 1699 Target- 1815, 1880, 1932 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Buy at CMP. Price at support level. EMA 20 and 50 support and price at fibo 0.5 level. First target for short term - 250 Second target - 260
stock crossed the resistance and gave a good breakout with good volume.