NSE:CASTROLIND Break-Out from 4 Year Downward Channel RSI BO above 66 after 2 years CMP : 141 is above Long term moving averages Tgts : 153 - 181 - 202 SL : 120 R:R 1:3 Chart for educational purpose
NSE:WELSPUNIND Multi-Year Breakout above 5 Year Resistance of 89 Huge Gap in Weekly Charts filled after 5 years and 3rd Breakout Attempt Short Term Tgt : 103 - 113 - 121 Time Frame : 1- 3 Months Long Term Tgt : 160 Time Frame : 3 - 12 Months R:R - 1:5 SL : 76 Golden Cross Over & +ve RSI Divergence
MANAPPURAM | RSI oversold + Trendline support + Gap Filling opportunity - Looks potential for 30 CMP : 172 SL : 155 Target : 210, 225 1:3 risk reward setup for second target
The stock has been a breakout with volume, good opportunity of accumulate for long term perspective. Thanks
HDFCBANK | Reversal from Trendline + 200 EMA support - Looks potential for 15% plus CMP : 1525 (Dip : 1480) SL : 1390 Target : 1730 Almost 1:3 risk reward setup The advantage with TCS, HDFCBANK, RELIANCE kind of stocks is they move genuinely Some bad trades are allowed, we won't go broke by holding Can allocate little above our usual allocation. These...
Stock has taken support near 200 DMA which is 903 (Demand Zone) . Have spent time in consolidation between 900-920 Levels and have given breakout today above 924. Target Price Mentioned in Stock chart . RSI divergence , MACD crossover Buy at 930 . Target 1 -957 Target 2-986 SL-885 . ( I am not sebi-registered analysist . so trade as per your analysis )
Nifty - in the last couple of days Nifty has seen volatile up and down swings, however it has managed to make a higher bottom (positive) - However in the broader picture we have seen Cross down of 20 day EMA below 50 day EMA (not a good sign) - Important zone between 17417-17338 which may act as Potential Resistance - 200 day EMA not tested since September...
#Colpal has been testing 200 EMA on weekly timeframe since it's inception and always bounces back, there's no reason this time should be any different. One can accumulate it here and for new ATH. This is not a momentum trade and it will take probably few weeks for uptrend to resume, till then accumulate. If Weekly closing is given below 200 EMA and low of that...
taken support over 200 DMA gap up opening of next candle after supporting 200 moving average running in a down parallel channel probably break up side
NSE:CDSL Swing / Positional Trade (Passed All My Technical Analysis / Fundamental Analysis Check's) Entry / Exit - This Time What Suits You According to the setup. :: (Risk Must Be Managed.) Keep Your Eyes On Index Or Any Bad News That Affect The Trade Or Market. FOLLOW 🤝 | LIKE 👍 | COMMENT ✍ --------------Any Suggestions--------------
ONGC is continuously making a descending channel pattern from 173. After breaking the 20 and 50 days EMA now it is about to touch 100 days EMA and this could work as a strong support for ONGC as there are both supports available at 138 . 1st is Descending channel pattern's trend line and 100 Days EMA also running around 138. You can take entry in it according to...
1. Best Price between 145-154 2. Stop lose - Weekly Closing below - 139 3. Gail is trading inside a channel 4. Channel Support and 50 EMA Support 5. As per volume profile 145 and 154 has an huge volume so it may act as support/Resistance Caution : Keep Strict Stop lose Because its looks like double top
A breakout from the falling channel and above the 40hema at 17337 would be a good sign that the current decline from 18210 is over and will raise the odds that the 6 week correction also ended. Then its back to the bull market that already was unless proven otherwise.
BHEL | One more swing opportunity supported by 200 EMA + Trendline Support - Potential for 30% CMP : 59 SL : 54 Target : 78 1:4+ risk reward setup We traded this stock few times, it is favorite stock for some of our friends :)
Case is little different in Banknifty as it has underperformed Nifty since the decline started and reached it's 200DEMA now and today saw a price rejection there forming a Hammer Candle Pattern. Talking about support as of now this 200DEMA line could work as support, if that gets penetrated then next support is at 34000 while resistance is at 37000.
Retraced from 38.2% levels with good volume. Also tested 50 EMA. Expecting a good upmove in this stock. Above 1210 this stock should shoot up. Entry 1210 with SL of 1100 and target anything near 1450 levels.
icici bank currently too oversild situation & bottom side tradeline also coming to its very hard to brk directly and 2nd one two gaps are pending to fill upside so, its possibilty to goes up for fill the gap , i know currently is strong selling but its opportunity to buy for small targets buy CMP target = 750 ,760 Disclaimer:- My presentations, and...
Currently State Bank of India (SBIN) is under pressure and its price action points to a correction, and its 50 day EMA was breached at 486. Price violation below the trendline around 466 would create downward pressure. And the stock might test 456 and 438, which are 100 and 150 day EMA respectively, if weakness in the stock persists. However, these levels can...