Nseindia
LONG TERM SWING BUY TRADE OPPORTUNITY IN SOUTH BANKThe stock has strongly broken the daily and Weekly Range.
Please refer the Chart for SL and TARGETS.
Note: This information is for education purpose only and please do your own research and consult your financial advisor prior to taking any action.
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Banknifty Intraday levels for 11/07/23Good morning Everyone.
Banknifty has traded yesterday in small range of falling channel, for today's all global indices looking greens(positive) today, i think we are gonna to see some pullback from these levels, if i talk about support in banknifty, then it is at 44700 and strong support zone is at 44360 levels. Let's see i think if anyone wants to buy there will be two levels to go long in it. first let it come somewhere 44700-44778 and then buy or buy once it crossed above level of 45100. Let's see where market is goes but scenario is positive for small move. I have already market all the best possible levels for banknifty i will write here too.
iMPORTANT LEVELS FOR BANKNIFTY:-
Buy above 45100 if levels sustain at least for 15 mints.
Targets we can see 45230/45359/45551.
Keep stop loss at 44869.
Support zone at 44778.
Sale below 44638 if levels sustain at least for 15 mints.
Target we can see 44530/44370.
Keep stop loss at 44869.
Resistance zone at 45070.
Note:- Always wait for the best entry levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction.
Disclaimer:- I Might be wrong in this analysis, so please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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Rahul Pal
Hero motor corp about to fly!!Nifty auto is forming a great chart pattern.
One of its contributors, hero motocorp is showing a good pattern with the first fib target of 3300-3312. Myself entered in call options today early in the morning. Looking at the movement till now, confidence increased to hold till july end!
Bullish setup for sure. Lets hope the bulls support us on this :D
BREAKOUT, CAPACITE INFRA, 70% RETURNS!BUY - CAPACITE INFRAPROJECTS LTD
CMP - Rs. 218
Target - 1: Rs. 314
Target - 2: Rs. 368
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Timeframe - Target - 1: 4-6 months, Target - 2: 6-9 months
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Technicals - Rising Wedge Breakoui
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This is just a view by an expert analyst, please invest at your own risk.
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BREAKOUT, GM BREWERIES, 54% RETURNS!!!BUY - GM BREWERIES
CMP - Rs. 590
Target - 1: Rs. 747
Target - 2: Rs. 913
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Timeframe - Target - 1: 4-6 months, Target - 2: 6-12 months
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Technicals - Bullish Flag Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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BREAKOUT, ALLCARGO LOGIS, 46% RETURNS!!!BUY - ALLCARGO LOGISTICS
CMP - Rs. 286
Target - 1: Rs. 333
Target - 2: Rs. 382
Target - 3: Rs. 420
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Timeframe - 4-6 months
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Technicals - Bullish Triangle Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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IEX Buy, based on Weekly chart.IEX is finally showing signs of a consolidation and also a potential breakout after a healthy correction from ATH. With RSI at 50+ on weekly charts, this makes it a good candidate for buying on dips for as long as trend is up.
To ascertain if trend is up please keep track of certain indications -
1] Price action - Higher high and higher low formations
2] Moving averages sloping upwards
3] RSI above 50.
Please keep an appropriate stoploss based on either support zones, moving averages or ATR and make sure to implement proper position sizing.
📈 Exciting Bullish Pattern Alert! 🐂📊 Pattern: Rising Channel
📌 Symbol/Asset: Chola Fin Holdings
🔍 Description: Stock is bouncing back from good support of channel and EMA
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
📈 Exciting Bullish Pattern Alert! 🐂📌 Symbol/Asset: Aditya Birla Fashion
🔍 Description: Very Bullish, If it breaks the resistance of 315-316 and sustains above it.
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.