ICICIBANK has given a breakout from a symmetrical triangle pattern in weekly chart. Can be brought at CMP and hold it for short term . Fundamentally, Stock is also nice and good time for investing also.
On 2 hour time frame there is a breakout of falling wedge pattern in BHARAT FORGE !!! There are chances of two scenarios or cases that are discussed on chart. Swing entries can be made in BHARAT FORGE. For entries , SL , targets watch the chart. Hit the like button and follow me for more chart analysis posts !!!
Falling Wedge Pattern, Volume Accumulation Chance of hitting target:70% Entry point(previous resistance:534 Target 3-5 months: 614 NSE:SBIN
- H&S pattern on the weekly is not a good sign - Entry can be taken once the neckline is broken with a strong bearish candle Good luck and stay safe!
GHCL IS A MICROCAP STOCK, ,MCAP of 5500 cr ROCE:-26% ROE:-24% Fundamentally Strong stock setup:- ENTRY(day timeframe) - only if we spot healthy green with good volume candle at our retest leval entry should be taken above at the highh of that healthy candle stoploss - only if the candle closes below our stoploss level views...
Consolidation Lupin in Hourly Timeframe Consolidation in 15min timeframe and near lower end of Hourly Consolidation Timeframe Good above 605
SELL below Rs 1127 (daily closing) and target 1- Rs 977 & target 2 - Rs 843, with a Stoploss @ Rs 1223
techm in clear channel pattern......overall trend still in sell
NSE:BANKNIFTY Nifty Bank is about to Breakout to make New Highs, or to Breakdown. By seeing the Global economic recovery and Russia-Ukrain war soothing, feels like its a Breakout. Lets wait, because patience play very important role behind a successful trade.
Dear Traders, Here in this chart of the NIFTY Index, I have drawn the important DEMAND (Support) zone and SUPPLY (Resistance) zone which will be necessary for intraday trades on 25th May 2022. LOGIC- As we know price is the GOD in the stock market, the price of any stock/index itself is the most significant and most important indicator to understand the...
CANARABANK There are two opportunities here First one is Sell untill ( 176.15 - 172.65 ) Cmp :194.40 Second one Buy ( 172.65 - 176.15 ) target 260 /280 For Short Term
Every time i shared all the buying and selling zone of paytm and again you can check my previous analysis of paytm n compair it with this post. I shares quality analysis with you but not getting that appreciable support you can check and compair all my post you'll get it
According to EWT: 5th wave has already traveled for more than 2.618% reverse Fibonacci retracement of wave 4. Now, bullish momentum can push it up to 136 at 3.618% .
NIFTY after having correction for almost 205 days now is the time to go for long! Don't focus on crypto stuff going on. Buy high quality shares which has fundamental numbers!
Given that the current progression looks to be either an Impulse to the downside as Wave C or a corrective continuation, expect Zomato to see more fall in the short term. Also any upmove for now be a pullback, hence allowing us to plan shorts from a swing perspective.
federal bank is now high pressure zone it may go up or down almost 2 year federal bank moving inside the trend line . in support trend line is stonge its difficult to break the support line
The stock is looking good on charts . Can be brought after a breakout of Inverted H&S pattern ,Also we can see a trendline resistance in it . Can be brought after it sustains above 2400 levels
Coforge can give breakout keep an eye for upcoming days