A strong buy trend in the weekly and daily timeframe. Going down to the lower timeframe the market has shifted from a bearish to a bullish market. So we are on this trade.
I have posted Asian paints formed a Head and shoulder pattern on May 11th 2021. Looks like it is not in a mood to break the neckline (How sweet :)). Now we are getting a triangular pattern and it has already given breakout (from red trendline) within the pattern with good volume. If all stars are aligned, this may give break out from the resistance. These are my...
ADOR WELD has created the triangle pattern. In the last trading session, Ador weld stock has outperformed to the nifty. This stock has shown good upside movement in the previous three months. If stock gives closing above the 428 price level with higher volume, a short-term buying opportunity will be available in this stock.
Support Zone = 395 - 401
...
The daily and weekly shows that the NZDJPY is in a strong uptrend. Going down to a lower time frame the market is in a correction of the uptrend and also using fib retracement the market has exactly taken 61.8% retracement and started to move up.
EURUSD is in a strong uptrend in the daily timeframe and came down for a deeper correction. Going down to the lower timeframe the market has shifted from a bearish market to a bullish market. That is the reason we are in this trade.
Hello friends after a long time , I am Again Back with a New Idea, So Today we are going to Talk about Tata Coffee Ltd . As you Know its a FMCG Company . So on 15 Minute Chart it is making a "Triangle Pattern" . If i Talk About Targets , So Target will be :- 153 Rs . So Now Lets Talk About Support and Resistances . So from Its Pivot Points .So its Major Support Is...
Hello friends after a long time , I am Again Back with a New Idea, So Today we are going to Talk about Bajaj Finance Ltd . As you Know its a Finance Company . So on 1 Hour Chart it is making a "Triangle Pattern" . If i Talk About Targets , So Target will be :- 5200 Rs . So Now Lets Talk About Support and Resistances . So from Its Pivot Points .So its Major Support...
With the surge in volume, this stock is clearly a hot pick for positional trade. The only concern is that it has back to back green candle with a higher high and higher lows which mean that there is a chance of retracement in the stock. So either you can pick the stock while it retraces or can be taken in few quantities and do averaging while it retraces.
As it is...
CIPLA
MULTITIME FRAME ANALYSIS
1:- Price is at Daily Support.
2:- Price is following Downtrend line in 1 hour time frame (Counter Trend).
3:- After the breakout of counter trendline, Price will also break 50 EMA dynamic SNR.
ENTRY:- 890Rs - 900Rs
1st TARGET:- 940Rs
2nd TARGET:- 970Rs
3rd TARGET:- 1000Rs
STOPLOSS:- 840Rs
NOTE:- Close 50% trade at 1st target...
CIPLA
MULTITIME FRAME ANALYSIS
1:- Price is at Daily Support.
2:- Price is following Downtrend line in 1 hour time frame (Counter Trend).
3:- After the breakout of counter trendline, Price will also break 50 EMA dynamic SNR.
ENTRY:- 890Rs - 900Rs
1st TARGET:- 940Rs
2nd TARGET:- 970Rs
3rd TARGET:- 1000Rs
STOPLOSS:- 840Rs
NOTE:- Close 50% trade at 1st target...
CAPLIPOINT is showing bullish flag breakout in both Hourly and Daily chart. This is also supported by the DI+ Crossover with ADX over 25 which shows the bullish momentum is going to continue.The RSI is also not in overbought level.
Buy: 513, TGT-1: 532.35, TGT-2:539.75
SL: 495.65
Monthly chart -
Weekly chart -
Have also included monthly and weekly charts, script seems to be bullish on all timeframes and currently consolidating which is a sign of healthy base. For short term, its in the range of 850-1100. Once this range is taken out decisively, fresh rally would be seen. Accumulate this as a strong portfolio pick.
Bhagiradha Chemi is involved in the business activities of Manufacture of insecticides, rodenticides, fungicides, herbicides.
The Stock broke out a multi year resistance just a few minutes ago.
Don't Miss and add for targets of 650-700 with SL of 475.
Orient Refractories is involved in the business activities of Manufacture of millstones, sharpening or polishing stones and natural or artificial abrasive products, including abrasive powder or grain on a base of textile material, paper, paper board or other material.
The Stock has broken out of a multi year resistance with great volume. Company's sales are also...
Maithan Alloys Ltd. is involved in the business activities of Manufacture of ferro-alloys.
Multiyear Breakout Visible on charts with huge Volume. The stock has retested its breakout and bouncing again with good volumes.
Accumulate with SL at 725 for Targets of 900-1000 respectively
