DBL Trendline break Closed above 20 EMA / 50 EMA huge volume buildup CMP - 302 SL- 251 Tgt - 356 Pls follow proper risk management while trading
Script broke out from a falling counter trendline and also a supply zone. That too with a high volume candle. We can place our trades above 810 for TGT of 850+ with an SL of 780. Happy Trading :) Disc: Chart posted only for learning purpose.
Nifty50 is still trading in the zone and as expected consolidated whole day. Nifty is still in the zone and seems stronger than bank nifty but has closed under 18000. If nifty retraces it can cover the gap. Support:- 17900, 17800. Resistance :- 18100, 18319 Wait for the price action near the levels for deciding the trend on the smaller time frame.
NSE:NATIONALUM shows strong buy indicated by PSAR, MACD & Fisher crossover followed by EMA & MA Crossover Target 1: 128.40 Target 2: 132.75 Stop Loss: 122.70 𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓: The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and...
INDUSINDBK | Channel breakout + 200 EMA breakout + Gap Filling opportunity - Looks potential for 25% CMP : 987 SL : 930 Target : 1230 1:4+ risk reward setup
There is a support from 44 MA and as well as there a double bottom .Stop loss is just below the moving average and the support and resistance area.You can also choose 50 but i prefer 44MA Risk and Reward is 1:2 . Also double comformation is giving by support and resistance area . Trade must go on for one week or so .
Script showed a real nice break of bearish structure to bullish structure. A momentum move can be played above 220 levels with 3-5% of SL. Happy Trading :) Disc: Chart posted only for learning purpose.
M&M Fin is at crucial supply zone of 169. A closing above this level can trigger a good momentum move towards 180/196. Happy Trading :) Disc: Chart posted only for learning purpose.
All charting looks obvious once the day is over... 1. upward channel 2. bounce from bottom 3. oscillator + ma positive indication 4. range break and retest
After 18 weeks of consolidation, Centuryply's price broke out and is currently in an ideal buying zone in the range between 719 and 749. Probable initial target of 855 with support at 661. Keep a strict stop loss at 5-8% or as per your risk management. Note: Not a buy and sell recommendation, but a personal analysis.
Good indication of resistance becoming support in PVR. SL 1450 T1 1800 T2 1900
irctc is now ready to fire in coming 2 weeks . as per my analysis ,when weekly SMA crosses RSI , it came into my radar for short and mid term . and also irctc price will cross Bollinger bands midline after 10 Weeks . start accumulation. Like and follow me if you agreed my idea
BTC given a break out after 3 month consolidation . Break out candle is fine with good volume . Present pull back with low volume is a great sign . Plan your long trade once the price sustained above 200 DMA . price is above 50DMA showing bullish momentum . Still the confirmation is pending with 200 DMA .Also you can find VCP structure (variation ) in...
irctc is ready to blast . BUY if the price closes above 801 . strict sl- below 20 EMA . irctc now taking support of 20 EMA & resistence at 100 EMA . start accumulation . do like my idea if you agreed .
Bank nifty is trading in a parallel channel. It consolidated while day in a narrow range and closed below its 20EMA. The current close is between its 2 moving averages i.e. 20 and 50. Support :- 36200, 36075, 35950 Resistance:- 36380, 36500, 36600 Nifty looks bearish and bank nifty too can break the channel and travel below its moving averages. Wait and watch...
Head and shoulder break down in nifty and can crack more if it breaks its 50Ema on 15 minute time frame. After 3 day, nifty has closed below its 20 EMA on smaller time frame. Nifty has stretched a lot and can cool down tomorrow. Support :- 17450, 17406, 17320 Resistance:- 17500, 17590 Wait for the price action near the levels.