Off-late I started investigating more on predicting the next candle for the day and seeing enough success by using the patterns of various indicators. Pine scripting in tradingview has helped a lot to automate everything and create necessary signals. Based on the engine's call, tomorrow (22-Mar-2018) will be a super "Red" candle for NSE:SUNPHARMA . Following...
Off-late I started investigating more on predicting the next candle for the day and seeing enough success by using the patterns of various indicators. Pine scripting in tradingview has helped a lot to automate everything and create necessary signals. Based on the engine's call, tomorrow (22-Mar-2018) will be super "RED" candle for NSE:HCLTECH . Short Below: ...
This one has clearly and cleanly broken out of the Bollinger bands. More importantly it has also broken out of the downward channel decisively. Great risk reward on the long side. Target 30700 SL below 28000
(-)ve diversion on RSI chart indicates some more selling will follow . Expect it to settle it by 169-165 before some fresh move . This small correction will also complete the 50% retracement of the current move which it had 89 to 219 levels.
NSE:IOC formed a nice bearish pinbar and closed below its 50EMA,200EMA and near term support my target for IOC is 360 , will look to short tomorrow
BEL has a buy setup for a short term trade. One can buy at current levels with stoploss around 146 and Target around 170 /175. Happy Trading!!
Motherson is getting ready for the fifth wave . might touch 475 -500 on the way. Auto number encouraging. monday might just provide a entry below 300 . stockdada.com
LT is trading above a 6 month old support zone . One can go long with a Stop loss just below recent low.. If it breaks below support zone it can be shorted
relinfra is consolidating inside a triangle..It is also being held down by a falling trendline resistance. Wait for BO from the triangle..then buy for target of 500.
Trending on the support zone. Upside tgt capped to 140 -145 levels , maximum down side 99-100 . Import duty news have died down now. simple view stockdada.
PNB Weekly chart Target 75 Stop 130. Currently at key support zone which is between 105-113. Support zone could probably act as a short term consolidation zone, after which a downside breakout possible. This anticipation is justified on account of the heavy volume based fall.
AGRITECH CMP 183 STOP 150 TARGET 250 PLUS Weekly chart 1) Rectangular breakout with huge volumes. 2) Long term resistance line break out. 3) MACD in positive territory. 4) RS sloping upwards.
CMP 776 Target 900 plus Stop 700 Stock has structured itself a 3 year cup based pattern post which a rectangular cosolidation witnessed over few weeks. Stock has given a breakout with good volumes. Stock has the potential to head towards 900 plus.
Might just correct till or below 150 levels before any further good move. TGT 150 sl 170
Union Bank is at a very strong support zone and might bounce off it. One should wait for a single day candle to close above 126 mark to enter long. RSI shows upward momentum and MACD is about to cross over. Enter trade - 126-129 1st profit target - 140 2nd profit target - 150 3rd profit target - 180 Stop loss - 104 Please do your own research before entering the...
WATCH LIST STOCK. DO NOT BUY NOW. READ CAREFULLY AND BUY ONLY IF THE REFERRED LEVELS ARE TRIGGERED. HCG (HealthCareGlobal). CMP 335 Weekly chart. Stock has been hovering within the long term upward sloping upward channel since 2016. Stock is currently on its 5th attempt in trying to break the upward channel. Volumes appear encouraging. The more the stock...
HDIL (NSE) for some time is trending in a rectangle and currently at a very strong support zone. It seems to be bouncing off it. It a good opportunity to go long. I am waiting for 1 day candle to close above 52. RSI shows a reversal however MACD is yet to cross over. Three things to keep a note of- 1 day candle closes above 52. MACD crossing over RSI showing...
After a sustained bull run, National Aluminium has formed a head and shoulder pattern indicating a correction. Its currently at crucial support level. If it breaks 71, then it might drop to 61.00. Enter - 71.50 - 72 Take profit : 61:00 Stop-loss :74 Please do your own research before entering the trade. If you have any feedback, do send it.