CMP: 372 Though metal index is falling, this stock is going up. 100ema acting as a strong support.
Price action ! Retracement Fibo lvl 98 SL with target 92
as you can see in image NMDC is near its support zone . 133-137 is very major support . one can enter into 133-137 . with strict SL of 127 . do like my idea if you agree with it and also follow me . dont panic , correction is healthy for long survival of market .
Metal Index at Support, if does not break ready for upmove.
Nifty Metal Index is possibly completed as a leading Diagonal wave 1 of wave 5 circle, where wave 5 is shorter than 3, and wave 3 is shorter than 1 ( Leading Diagonal ) If its right than possibly wave 2 of wave 5 is now Due or ready to unfold, in macd and RSI we are witnessing negative divergences, along with Negative crossover in Stochastic and MACD, also RSI is...
Nifty Metal (Weekly): 1. Nifty Metals has given a Chanel Breakout. 2. We can consider going long on Metal sector 3. Also upper Bollinger Band is challenged 4. RSI is above 60 levels A perfect Bullish condition Major Stocks in Nifty Metal are: a) Tata Steel 23% b) Hindalco-18% c) JSW Steel 15% d) Adani Enterprises-12%
Buy Jindal Steel & Power for Positional Trading as well as Investment.💸🔥💸 Comment your views‼️😄 . ✔️ Technically & Fundamentally Strong💪💪 . 💎@technofunda_trader Few Important rules from my Trading Philosophy: 1. Don't compromise on the quality of stock. 2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or...
Nifty Metals (Weekly): 1. Sector has given a breakout from its consolidation range 2. Sector was consolidating from last 1 year 3. Upper Bollinger Band is challenged 4. Also, there is Positive Crossover of 5,13 Weekly Exponential Moving Average Major constituents of Nifty Metal are: 1. Tata Steel- 21% 2. Hindalco- 18% 3. JSW Steel- 13.5% 4. Vedanta- 11% 5....
Nifty metal index continues to charge higher in wave iii of 5, and it pushed MACD towards higher high. Overall wave structure RK buy signal activated in daily time frame Key levels are mentioned on chart MACD in Daily positive MACD in weekly positive RSI in daily uptick MACD at Higher High Most investors treat trading as a hobby because...
CMP: 103 - Trading in a Falling Wedge pattern - Looks good for gradual accumulation
CMP: 2288 - Low volume stock - Trading near All Time High region (2335) - FIIs & DIIs have increased their stake in the last few quarters - QoQ Increasing sales
NIFTY METAL -> WEEKLY CHART One index which has to be in your radar for next 3 months is NIFTY METAL. Long uptrend and consolidation going on as Flag and Pole pattern. Breakout above the trendline or breakdown below should carve way further. Disclaimer: This is for educational purpose only. This is not any recommendations. I am not SEBI registered. Please...
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. This Index can't be directly traded but just use it as a reference for metal stocks. Just check what metal stocks did after breakout in Nifty Metal. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI...
CMP: 123 - Flag and pole pattern in weekly chart. - Descending triangle pattern in daily chart.
CMP: 574 - Cup and Handle pattern breakout with volume - New All Time High
Trading in a Symmetrical Triangle Pattern from 6 days. Buy: 1200 Sell: 1175
Jindal Steel & Power Ltd. JINDALSTEL CMP: 441 - Tight consolidation for 8 months - I don't want to miss this one