Nifty has given a 2% fall in a week and closed above 22k levels after testing 21900 levels. It consolidated around the higher level and gave a fall, there is a probability of it continuing the fall. If there is a gap down opening and a retest of the current support level of 21900, a bearish trade can be initiated after a negative price action around it. In...
A big red candle on the weekly charts after 4 consecutive green candle is either profit booking or a double top formation confirmation. Banknifty has come for selling but the downside movement is slow which shows there are still buying happening in the market. There is doji formation on the daily charts and a significant selling is not there in the index as...
20 week ma also acting as resistance. Clear sell signal in polycab For people holding this is exit opportunity.
NSE:TATAPOWER Long to go Nice support and touching 50 moving average Nice buy signal !!!
HDFCLIFE gave a small base BO on daily time frame and now today we can observe a 21/50 EMA cross as well. Another thing in support of this scrip is that its RS score in 750 stock universe has been rising week over week for the past 4 weeks. Data is as follows : 23rd Feb - 10 1st Mar - 14 7th Mar - 26 15th Mar - 33 Only con here that i can think of is that there...
BUY DLF Entry - 844 Target - 898 Stoploss - 817 Risk Reward Ratio - 1:2
BUY ONGC Entry - 265 Target - 293 Stoploss - 251 Risk Reward Ratio - 1:2
BUY BEL Entry - 198 Target - 222 Stoploss - 186 Risk Reward Ratio - 1:2
BUY IOC Entry - 172 Target - 196 Stoploss - 160 Risk Reward Ratio - 1:2
BUY ZYDUSLIFE Entry - 1001 Target - 1083 Stoploss - 960 Risk Reward Ratio - 1:2
BUY HDFCAMC Entry - 3780 Target - 4180 Stoploss - 3580 Risk Reward Ratio - 1:2
BUY ADANIPORTS Entry - 1276 Target - 1438 Stoploss - 1195 Risk Reward Ratio - 1:2
BUY GODREJCP Entry - 1231 Target - 1341 Stoploss - 1176 Risk Reward Ratio - 1:2
BUY AMBUJACEM Entry - 585 Target - 653 Stoploss - 551 Risk Reward Ratio - 1:2
Nifty has given a break down of the parallel channel and has closed below the 22k levels after a gap up opening. Even 20 ema, on the daily chart, is breached and closing is much below it. Today, not the index even the stock has given bearish move. There were chance of a retest but from the morning nifty was in a bearish mood. It can given another red candle as...
COLPAL breaking flag pattern with good volume #target 2850 #sl 2500 or follow ur risk appetite EDUCATIONAL IDEA
BUY EIDPARRY Entry - 618 Target - 644 Stoploss - 604
BUY IRCON Entry - 227 Target - 255 Stoploss - 219