AARTI INDIA have a strong support its now trading on support area so expecting next target will be 950+
if it breaks and close below 880 we can expect a down trend and its target will be 820
SUPPORT US LIKE AND FOLLOW...
LAUNCHING SUB BROCKER PLATFORM SOON ...
Technical analysis is the most beautiful tool while trading .
Earlier I gave an intraday trade in nifty for monday and as you can see that nifty tested our support and gave stellar breakout from there , hitting all three of our targets in just 18 mins of the trading session.
Hope all those who traded with my levels made good profits today :)
Reliance took a correction of nearly 10% from 15th June to 25th July, then made an up move. This correction completed the target of the bearish bat pattern(left side,
Moving to the current situation, the price is again at a decisive potential reversal point but being already beaten up, chances of fall are less if spoken logically. There could be a fall also, so...
Check out this link for the detailed analysis of nifty movement
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Cigniti Technologies making Higher Highs & Resistance Breakout with good Volume. We can go for Buying at Retracement levels for Swing Trade.
TGT 1- 616
TGT 2- 680
-> Always Enter With good confirmation & Maintain proper Risk Reward.
*******Knowledge Purpose only********
--->> Visit my Ideas Page for Daily Stock Analysis and check my previous stock analysis...
Good trend and good fundamentals are the reason why I like this smallcap stock.
Its surely a portfolio stock is you got risk appetite for a small company, can give good returns in the future!
Previously on UPL we noticed static Downtrend from the level of 673 and that Downtrend continued for a bit long.
Currently we are expecting the same Downtrend will continue for next 2-3 days as par our Technical and Statistical Analysis.
Enter into the market after the clear trend defined into 5 Min Time frame and wait until formation of 2...
1) FALLING WEDGE PATTERN ( Reversal pattern )
3) INCREASE IN VOLUME
Eicher motor broke falling wedge pattern and we can expect upside move. Fibonacci 50,61.8 should be our two targets on upside. Trade at your own risk. Trade safe.
LT is forming a falling wedge pattern which is a Trend continuation pattern. As LT is sustaining below 200 EMA it indicates that stock is in downtrend and falling wedge formation gives strong setup for shorting stock in intraday basis. Look for the open of market if the range or wedge is broken down go for short trade.
This is just my view. Trade at your own...