We are seeing MTP BD in W with overall DT.
D is breaking a strong ST multiple times with momentum candles, again a nice DT.
Can look to enter using the 75m when it makes a pullup to EMA or D RT. Need to look at price action when it makes a pull up before taking entry.
Entry @ 1441.4, Stop Loss @ 1446.15, Target 1 @ 1431.9, Target 2 @ 1427.1
This information is made available for educational purpose only, This channel or the channel owner does not recommend, advocate or solicit the buying, selling or holding of any investment, the use of any investment/trading choosing methodology, the use of any particular...
LT Long @ Rs. 1300 or Below
Entry 1300 or below
Stock is currently formed 1 Hr demand zone at 1291 to 1294 and after that price boost upto 1235 and currently trading at 1298. the current price has support from daily demand zone at 1268 to 1284. This is multiple time tested zone and this zone has support from the weekly demand zone...
Pre-Open Stock Chart-2 #INDUSINDBK
Yesterday after giving Down-Trend, it has been settled in the zone 1326-1335 in last couple of hours. Multiple times it tried to break the range but fails every time.
If it is able to sustain below CZ Zone, it can easily go till 1320-1310 zone.
Buy Setup can be only initiated after break of trendline and CZ
Pre-Open Stock Chart-1 #M&M
Currently it is trading at very crucial zone as per the Orderflow after it has given slower downtrend
If it is able to sustain below CZ Zone, it can easily go till 563-560 zone quickly
Buy Setup can be only initiated after break of trendline and CZ with WRC candle & Volume
Entry 19510 & 18450
Eicher Motors is currently trading at 19860 . Price is above the DZ , Long at Rs 19510 which is above the daily DZ
and add the same qty at Rs 18450 if prices reaches at that level, there are two DZ formation so price may reverse
from the any of the zone. SL is Rs.17925/-
Weekly is showing a halt in the continued DT. Price below 50 EMA.
The weekly zone is proving important in Daily. I am seeing 4 rejections. Yesterday price closed below the 50 EMA. We can see 6 back to back red bars, giving a nice bear picture.
In the 75 min, price broke the level of 467 on 6th Jan and is giving a nice pullback to test it with two wick...
Reliance Industries Long @ Rs. 1510
Entry 1510 and 1480
RIL is currently trading at App 1515 and it has filled the gap and also shown an little bounce from 1515 and again came back to the level of 1515, It is showing DZ in the range of 1460 to 1472, below to that next DZ is at 1290 to 1320. Since stock is in uptrend and it is...
Buy Trade Setup:
- If goes above 762.25 (i.e. if positive Break-out happens)
Reason(s) for Trade:
Near the Resistance, stock seems having good capability for true Break-Out
Stock seems back to its original trend(uptrend) as it has taken support from Fibonacci .618 level. Currently stock is trading near the .236 level and if it breaks-up, an upside trade...
SUN Pharma Long @ Rs. 425 or Below
Entry 425 or below
Sun Pharma is currently trading at Rs. 425 , Current price is in 1 day DZ which is already tested one , the current price has made an 1 hr demand zone inside the daily DZ, which provides strength as well as confirmation, so we can assume price has tezted zone and now...
NSE:AXISBANK , Axis Bank Long @ Rs. 730
Axis Bank is currently trading at 743 which is having daily demand zone between 714 to 725, so it can work as strong support for the current pullback. It has also support zone upto 708 which was respected in the last pullback. Stock is in uptrand so It can touch to Rs 800 which is previous...
NSE:LT , LT Long @ Rs. 1305 or Below
Entry 1305 or Below
LT has formed Demand zone on 15 minutes and 1 hour demand zone in the price range if 1298 to 1305 , It has broken previous Demand zone and returning back from the lower price , Price has started moving upwards and CMP looks safe to buy and hold for the duration of 10-12 trading...