stock crossed the resistance and gave a good breakout with good volume.
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Trend changed. Our of descending channel. Moving average crossover. Watchout.
Nifty Consider selling Nifty for target of 17280 / 17230 Option: One may consider to buy Nifty 17300 Put option in the range of 58-65 for target of 82 / 98 / 107 / 130 SL as per your risk appetite Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - Use this for educational purpose - Any...
This scrip is being traded in a symmetrical triangle pattern and now it is at the stage of breakout as it took bounced back from 21EMA. Swing traders may consider to long this scrip if day's close is above the resistance and may have their SL below the support zone or below the trendline. I set a minimum target of swing high with RRR of 1.5 and may add more...
This scrip had broke from a channel pattern and now it is trading at its All Time High. The volumes are stable even after increase in price and few days back 21EMA crossed over 50EMA as well as 100EMA, so i consider this as a perfect opportunity to long with SL below the resistance.
Condition: If Nifty is more than 60% away from its 91Days Moving average on monthly chart. We tend to see a correction of around 20-30% from Top. Explanation: As seen on Chart there are 7 scenarios (numbered on chart black 1-5 and Red-1 & -2 ) where Nifty’s Monthly High was more than 60% away from its monthly 91Days Moving average. Every time Nifty has an...
Watch out for the breakout above 3600 levels. The stock has made a double top. A breakout from this level we could see 10-15% appreciation from current value.
JSW STEEL at Tradeline and weekly 20EMA Support. Not a trade recommendation.
Observe the Trend line , Moving Average Support with volume analysis & price action. If +ve break out Successful entry can be taken while the price will come back for retest at the trend line. ...Only for observation & not for trade for learning.
ONGC CMP 119.55 This is what was mentioned on 11 Aug It was highlighted that momentum might come above trendline. Today it crossed that trendline. Looks like the stock has finally given a breakout Target of 129/ 133 is on _________________________________________________________ F&O strategy One may Consider buying 120 Call option in the range of 2.8 -...
BOB CMP 79.35 Sell for intraday target of 78.4 / 77.30 SL 80.30
With breakout trading strategy One can buy cumminsind for 5% as swing trade as spike in volume. Buy can initiate on candle close price or on reversal price Stop loss can be last swing (best) or candle low(risky) Don't make trade complicated Support , resistance , volume, with support for surety indicator (optional)
based on macd and emi BUY hindustan petroleum CMP 266 SL 230 TGT 290 Estimated Profit 8.4% #stock #market #daily #tipsandtricks
553 is resistance On hourly if it break 553, T1- 560, T2-580 for short term. With refernce to RSI and Ema 50 and Ema 60, if nifty is in positive side buy for atleast 5% stop loss will be last swing.
BHEL CMP 53.95 Observations - stock has done a 76.4% retracement - 200 day EMA around 53 - stock near trendline (which may act as support) given the set up one may consider to accumulate stock from medium to long term perspective ( at cmp and on further dips ) momentum / short term players may consider buying if closing is above 57 for target of 62 /...
This scrip had been trading in channel pattern for a while and now this this scrip had took support at the trend line. The 21EMA is aslo about to cross the 50EMA and it may act as a dynamic support. I expect the bullish momentum to continue for a week so Swing tarders may consider to long this scrip and may hold it for months with SL below the trend line or below...
The chart is self explanatory but key point analyse as below: # Parrell Channel : Support 1 at Rs 83.90, and Resistance 1 Rs 101.65 # Support 2 at Rs 75.75 and Resistance 2 at Rs 83.90 (Equation : S1=R2) # Fake breakout : Bear trap from Rs 100 to Rs 120 # Support 1 × Support 2 √ # EMA 21 ✓ # RSI Divergence : confirmation awaiting Advice: Equation of S1=R2 :: key...