1450 is a very good level to buy Bata. Its earlier resistance and also it is 200ema. Can be bought with Target of 1700 / 1900 SL of 1450 Very good RR
Unusual monthly close and follow through in april is very good indicator that ITC has now woken up from long slumber. It is now likely to give good bullish trend in next 6~12 months. T1 350 SL 206 If it makes new life time high in coming year expect it to go to 400+
Ethereum has streched for contunues week and changing the trend near the support level. Its taking support from the 20 ema on a weekly time frame.The price has tested the support and has given a upmove. On daily time frame too there is a bullish momentum in the price as its taking support from 20 ema and has given a cross over in the moving averages. Ethereum...
Bitcoin on a weekly analysis is forming an evening star chart pattern and is taking support. It is trading below its 20 ema and 0.382 fib levels. On daily time frame, it has closed below is 20 and 200 ema and seems little bearish for short time fame as 4 hour time fame has given a moving average cross over. It can retest its 20 ema on 4 hour time fame and fall...
INDIGO after a steep rally of 15%, now after crossing 200-day EMA it is consolidating above 200-day EMA. Once it breaks the range upside, it may continue its uptrend to give higher levels.
Bajaj finserve is near a crucial support as it is retesting the previous resistance. On a daily time frame, the stock is taking support at 20ema. A break out and retest a nice trading setup. Support :- 16550, 15825, 15200. Resistance :- 17200,17750. On weekly time frame, it is forming lower lows and lower highs. Wait for the price action near the levels for...
Asian paints on weekly time frame is near its 0.618 fib levels and has closed over its 20 ema. Stock seems bullish on weekly chart and on daily time frame the moving averages has given a cross over. It seems as the stock is in accumulation phase. Support :- 3090, 2974 Resistance:- 3281, 3357 Wait for the price to break the levels and sustain the levels. Swing...
Stock crossed 200wma and consolidated near long time resistance.. formed range.. broke range downside and took support of 200wma.. again consolidated for few weeks and broke range with volume.. expecting breakout above 340-350.. can be accumulated for target 430/500
Bank nifty is still confusing and is consolidating . Nifty has given a strong closing today but bank nifty is forming an inside candle on daily chart frame. If bank nifty breaks the consolidation range of 37430-37850, it can be trending. Support :- 37375, 37000 Resistance:- 37800, 38000, 38150 Market can give a good move either side as it has...
On a daily time frame, the stock after a bull Run has been consolidating. The flag and pole pattern is a bullish pattern and once it breaks out of the parallel channel it will give good targets. Support :- 1150, 1138 Resistance:- 1223, 1254 Wait for the break out of the parallel channel
Stock has multiple resistance of horizontal and Falling Trendline as well as 200 WMA in same highlighted area.. also forming a rising channel.. with so many confluences strong breakout expected.. can be accumulated in this range for breakout above 145-150 level for Target 210
IGL formed a typical textbook inverse head and shoulder pattern. Its neckline consists at around 400 round number levels. A high volume break above his level can give an exceptional long opportunity. Keep an eye on this script. Happy Trading :) Disc: Chart posted only for learning purpose.
Nifty has given a nice touch to the previous support and 20 ema on 15 mint chart frame. Market is between 20 and 200 ema. Nifty looks bearish on short time frame. Support :- 17500, 17425 Resistance:- 17700, 17800 Wait for the price action near the levels
Simple price action movement in Jindal steel with clear stage 2 rally . watch price action after every consolidation . Even nifty under performing Jindal steel showed its strength . Rectangle breakout expected , reference point is metal index price movement. also use 50DMA in hourly will give exact entry and refer 30DMA for exit . Happy trading.
#Techm Long (5 Apr) Breakout & retest at 100 day EMA Buy at CMP-1510 SL- 1455 Target- 1618, 1665 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose. #BREAKOUTSTOCKS #nse #StocksToBuy #Nifty
Stock has broken it's long time resistance after 2019.. Stock is trying to cross 200WMA after 2016.. Closing above 200WMA can lead to target 55/75
NSE:COALINDIA #NSE:COALINDIA formed beautiful cup & handle. levels marked for practice. Happy LEarning !!
Bank nifty has consolidated in a range for 2 days. It has closed under 20 ema and if breaks the support can fill the gap. Support:- 37550, 37375 Resistance:- 37800, 38000, 38150 Wait for price action near the levels.