It has been observed in the chart that Cup & Handle Break out at 155 that is bullish in nature. one can watch near 150 to 155 and look for target at 240+ stop loss 140.
Yes, I'm Back to Tradingview ! Before the analysis, I want to thank each n everyone of you for all the love, Thank you so much for your messages & people who gave follows even when I'm not available. Thanks for the Trust & Love :) It has been more than 100 days since I posted & from now on I will try to post more often. Now Our Nifty analysis : Let me put...
#Atul BSE:ATUL NSE:ATUL trading in #NSE and #BSE with a share price 2450 has breakout from previous resistance at 2438. On daily charts the channel has been breakout from previous resistance placed at 2438. On weekly charts it has been breakout from symmetrical triangle. Volumes have been rising with price rise form 6 trading sessions MACD oscillators have...
BPCL has completed Cycle wave 3 earlier this year. W5 of this cycle W3 was substantially extended. Consequently the correction in the form of W4 would also be substantial. As shown below in the 15 min chart, first set of ABC correction is already complete. The stock should now consolidate for next few days with upward bias. Consequently, the strategy here...
Lupin is a BUY at CMP@1470 with SL@1420 for a target of TP@1600 Lupin gets USFDA nod to market pain relief, colonoscopy drugs and also gets FDA approval for generic Percocet tablets . Lupin recently received FDA approval for generic Suprep Bowel Prep Kit and Suprep kit approval It may add 5% to Lupin’s EPS for FY18 earnings. In addition the pharma major’s Goa...
Nifty faced a Lot of resistance to touch 9000 mark, and profit booking dragged nifty to settle in negative for consecutive days, a part from this today President Trump's address to Congress is the news in focus, While the RSI is placed at 66 i.e., below over bought zone and it is showing some weakness and Stochastic is coming down from over bought zone and the...
Expecting that, "Bullish Harami" pattern could lead prices to break the downward sloping trendline. Price also to get support from RSI where it is breaking towards up from 30 levels. Prices may trade higher till 724-745 by next month.
AmubjaCement is ready to go higher from current levels.. After completing the correction the stock is ready to move higher. One can go long on the stock at current levels with stoploss just around 240 for the Target of 300. Its a nice risk reward trade.. Happy Trading!!