Disclosure : I am not SEBI registered. The information provided here is for education purposes only. I will not be responsible for any of your profit/loss with this channel suggestions. Consult your financial advisor before taking any decisions. Buy if: Follows current price action movements with Volume support Respects Triangle pattern formation RSI...
SBIN forming Bullish Pennant pattern. This might be good for swing trading. Points to Considered: 1. Pattern formation 2. Volume analysis 3. Any Conformation for Entry 4. RSI
Points to consider Trend is Upward. Consolidation after Upward move. Staying above the trendline after a good breakout on DEC 1st. WATCH if there is any sudden spike towards up. Buy If, Breaks 127.9 and Support trendline with good volume. RSI breakout conformation Any other conformation
IREDA forming Bullish Pennant pattern. This might be good for swing trading. Points to Considered: 1. Pattern formation 2. Volume analysis 3. Any Conformation for Entry 4. RSI NOTE: IF IT CLOSE BELOW 20-EMA & RE-TEST IT, DO NOT ENTER FOR LONG.
Pros: Flag pattern Breakout Took support on Fibo levels Swept the liquidity to move up. Cons: Breakout with less volume No breakout on Daily Time frame Volume doesn't looks good during the pattern
This has given a good breakout on 20th DEC with good volume. Considering it as a good breakout, entering based on the Fibo level. NOTE: There is a strong Bearish RSI divergence. Assuming that it is because of the profit booking, one might still hold the stock.
FEDERAL BANK has following advantage to BUY: 1. Gave break-out for the 4 year trendline. 2. The Break-Out was with good momentum. 3. The Break-Out took a retest for the conformation. 4. RSI gave a breakout for the recent forming trendline. Advantage: Our Big Bull Rakesh Jhunjhunwala is holding this stock and he increased stake in this recently. Disclaimer -...
" HAPPY GANESH CHATHURTHI " " MAY THIS GANESH CHATHURTHI REMOVE ALL YOUR HURDLES BRING YOU PROFITS " BUY - 20200 SL - 20170 TARGETS - 20280,20380,20470 SELL - 20140 SL - 20170 TARGETS - 20110,20040,19950 NO TRADE ZONE - 20140 to 20200 Previous Day High - 20222 Previous Day Low - 20134 I am sharing NIFTY levels this levels acts as important support &...
I've made the technical analysis for this. as you can see, the pattern is following the trend analysis and it will hprobably break out and reach the level.
Support - 42200 (above this buy a call option) Resistance - 42720 (below this buy a put option)
Avenue supermarkets Ltd. has been proven to be a vital business for country's consumer and it will continue to be. Coming under 'necessary retail' I expect it to get hit lesser in any black swans from here-on. Fundamentals are healthy and the chart is in the process of looking better, good amount of correction is over. Expecting a fall from here of ~10% in the...
The stock can be bought on retest. It is expected to make new highs. The height of the cup is above 50%. We can safely take a target of at lest 25-30% upside from these levels. The momentum of the stock is currently bullish on all time frames, on basis of daily, weekly and monthly RSI. However, the stock shall be bought only on a bullish confirmation. There have...
This is the pure PRICE ACTION based analysis of Canara Bank stock. Since it made a double bottom with rsi divergence, it has to come up. Also it is consolidating up side with rsi also, there is more likely to go long.
Answer is yes . But for achieving this target bank of maharastra must cross the trend line upwards with high volume then it will be confirmed that it will achieve the given target .. So, guys you can enter into this with conditions above . This is a short term target time duration 1-1.5 months .. Thank You.
Buy above 180. Target 215. SL below 170. ** DYOR **
Analysis of BHARTIARTL stock. Forming clean cut pattern with good confirmation. Comment about my analysis...
Bank-Nifty SPOT Trade-plan for 20th Aug 2021 High 35821 - Resistances Low 35450 34914 34401 33531 - Supports Today Trend: Fast fall....Closing will be around Today's Low
Bank-Nifty SPOT Trade-plan for 13th Aug 2021 High 36255 36430 - Resistances Low 35700 35540 - Supports Today Trend: Volatile.....Closing will be around Toda'ys High