Below 17950 , nifty may dip toward 17762/17750. Resistance lies at 18325/18400.
If it unable to stay above 17950 then bear may make a strong grip so staying above 18K would be good for bull to stay in the game. Support and resistance has been coloured green and red respectively on the chart.
NSE:SBIN Stock is in an uptrend and from 2020 May RSI never came below 30 which shows stock strength. As per my analysis, If you wish to sell do it if the stock crosses the trend line, in the case of buying buy above supply zone. Do your own analysis before proceeding, It's for educational purposes only.
13 years of listing and since then into Parallel channel and that too sideway. Pls be careful. Strictly no fresh entry before it make directional move outside the channel.
CoalIndia has been into parallel channel since Nov 2010 which is 11 years. Will it be able to break the channel if yes what's your exit plan
Nifty has run up fast and furious. Time to be slightly cautious. Not yet positionally short, but definitely reduce long exposure and look for small correction or consolidation.
Its a healthy consolidation for stock like BajFin. We can see a big move upwards if this stock crosses 7575 & a downside move can be expected if it crosses 7450.. Keep eye on this stock.
BankBaroda supply and demand zone are highlighted. lazy poor stock. strictly avoid
A breakout is expected in Indusind Bank, it is taking support in 24 ema and a triangle pattern is also formed in the chart, there can be a breakdown or a breakout, can take entry after breakout and retest to be sure and avoid false breakout.
the chart here is on a downtrend but currently holding well at support. breaking either side of the horizontal lines the move will trigger short or long side as guided in the charts. use a strict stoploss for this stock and respect your discipline
Eicher motors is taking support at very crucial point and if it goes down from here a breakdown can be expected with the levels mentioned, 2407, 2261, 2014. P.S : Ignore that head and shoulder, its effect has already be done.
Though Airtel has given a breakout from the triangle but it is still trapped in a zone and there is a lot of resistance before it flies, so be careful before you make any new position.
BHEL can be good to buy around 56, if it sustains that level, please wait for retest before making any position and do consult your financial advisor before taking any financial decision.
This is Daily timeframe. Make or break situaton has occured in Likhita. But with help of volume it seems to be more on bullish side. In coming days we will get the trend confirmation with breakout or breakdown. This post is for information purpose only.
BhartiAirtel is showing a symmetrical triangle pattern and a triangle pattern with a long term demand zone.Wait for a breakout.preferably upward movement is coming and take a long postion with a target of 600.
Hindalco is forming a symmetrical pattern and can break either side of the triangle. A break above can be traded for long position for targets of 411 and 426. A break on the downside can be traded for short position for targets of 380 and 367. A downside break will lead to the price going below the 50 EMA, and the first target mentioned for 367 is the level of 200...
It has been flat for years now, with a very strong range which is highlighted in the chart, if it sustains above 321, then it can give a short target of 354, after which it may rise high and higher dud to its business (not going to discuss about the business as it's a separate topic altogether).
Short Strangle on WED =>PED (Premium eating day) given more than 80 pts from 9:30 to 12 Short Strangle - Neutral Strategy