Marked the Supply and Demand zones, Daily time frame shows consolidation with low volume in a falling wedge pattern
TECHM's daily chart suggests that it has taken support at the same level as it has in the previous few days. Moreover, it has broken out of an upward channel and is testing it today with a gap down. Moreover, a look at the 14 day RSI suggests a bullish divergence taking place in the charts. If the price holds the upward channel and bounces off it, the price could...
gainprofit066 High : 14/10/2021 : 2,598.00 Low : 24/03/2020 : 505.00 75% : 2074.75 50% : 1551.50 25% : 1028.25
high : 18/01/2022 : 1,908.50 low : 14/06/2021 : 1,201.20 75 % : 1731.67 50% : 1554.85 25% : 1378.02
Moving from stage 1 to stage 2 structure on weekly timeframe with good volume. SL = 515 Target = 1:3 RR trail SL after
Stock Price is retesting an important buying zone. Could this become the next multibagger?
Filatex corrected from its high, made a consolidation and appears to resume its up trend Risk Reward 1:4 Also a symmetrical triangle BO
VBL good earnings Followed by a symmetrical triangle breakout.
Steel prices are going for a one more hike globally. Tata Steel is looking good for the short to medium term trend. Can enter at CMP, SL: 1050 DCB Targets: 1250/1350/1450 plus to ATH Risk to reward is more favorable.
NSE:BSOFT Birlasoft is showing bullish divergence on daily time frame. Go for Long from here. Current Price: 469 rs Good Entry Point: If close above 462 rs Target: 505 rs (1st) - 570 rs (2nd) Stop Loss: 438 rs Probability: Positive for Long position Risk Reward Ratio: 1:4 Please share with your family and friend if you like the idea to go long. This...
NSE:TATAELXSI In a triangle range from last 2 months. Either side breakout can give a good opportunity either in long or short. Keep an eye. Please share with your family and friend if you like the idea to go long. This chart is only for education purpose. Consult with your financial advisor before making any investment.
NSE:TATACHEM Tata chemicals is looking good on daily charts . It has broken the trend line that it was following from last 3 months. So this is good opportunity to go long. Current Price: 767 rs Good Entry Point: 725 - 740 rs Target: 835 rs - 850 rs Stop Loss: 699 rs RSI: 60 (Not in over brought zone) Probability: Positive for Long position Risk Reward...
Broken previous swing high, formed a candle & closed above the trendline. Targets and entry as per below. Entry: CMP t1: 2426 t2: 2504 t3: 2593 SL: 2343
NSE:IRCTC IRCTC is making strong pattern on daily time frame. Go for Long from here. Current Price: 895 rs Good Entry Point: 860 - 880 rs Target: 920 rs - 1st, 950 rs - 2nd Stop Loss: 25 rs RSI: <65 (Not in over brought zone) Probability: Positive for Long position Risk Reward Ratio: 1:3 Please share with your family and friend if you like the idea to...
Cipla is making a falling wedge or descending traingle pattern. Either way we will wait for the breakout or breakdown. We are looking for buying setup but only when we get good breakout with good volume. Target would be 942
Alembic is having a double zigzag( W-X-Y) correction of wave ((4)). Price is stuck on the ending diagonal of wave Y. According to the Elliott wave principle, if the price breaks up the ending diagonal, the price is supposed to reach the targets of 114-123-139 and more . However, the price must confirm the trend by breaking the wave (X). In case if price...
2315 is a strong resistance area for HINDUNILVR, if it breaks the stock will move high.
NSE Kotak Mahindra Bank has started marching upside because it has completed wave ((4)). Its fifth wave will end nearby the retracement of wave ((4)) of 161.8% and sub-wave of (4) of 161.8%. So, long-term investors may hold for the targets of 2345 - 2446 - 2536 . At present, intraday & short-term investors can also jump on this stock. Kotak bank prices may move...