EICHERMOT
Key highlights: 💡
✅On 1D Time Frame Stock Showing Reversal of Falling wedge Pattern .
✅ It can give movement upto the Reversal target of above 3300+.
✅There have chances of Breakout of resistance level too.
✅ After Breakout of resistance level this stock can gives strong upside rally upto above 4000+ .
✅ Can Go Short in this stock by placing stop loss...
Major Support 18000-27
if 18000 break downside then next
target will be 17800
if nifty got support on 18000 then
upper target will be Max 18250
Major Resistance 18170-250
if market break 18250 level with volume then market will be ultra bullish and Up target will be then 18370
Note: but international sentiment is bearish so if market go upside then it will be...
Key highlights: 💡⚡
✅On 1W Time Frame Stock Showing Breakout of Triangle pattern .
✅ Strong bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 795.
✅Can Go long in this stock by placing a stop loss above 600.
✅ breakout this can give risk:reward upto 30%+
JSW Steel Ready to break out. Multiple time faced resistance price of 769 to 775. Once break out with the volume. it will shoot like rocket.
Keep Eyes on JSW Steel.
note : this is only for education purpose. do your own analysis before taking any trader and consult your financial advisor before taking any trade.
Asian Paints
The Chart set up
- Since Oct 2022 the stock has been trading in a channel
- chart is not strong but with crude prices stabilizing at lower side it favors the sector as oil is one of the major raw material.
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Trading plan
One...
MGL
Key highlights: 💡⚡
📊On 1h Time Frame Stock Showing Breakdown of channel Pattern .
📊 Strong bearish Candlestick Form on this timeframe.
📊It can give movement up to the Breakdown target of below 805-.
📊Can Go Long in this stock by placing a stop loss above 872+.
📊 breakdown this can give risk:reward upto 1:7+
Nifty first instance has taken a fall from the opening levels.
Again if you see the chart we see it respected 21 day EMA.
In my yesterday's post I had mentioned that Nifty first needs to protect 18114-18080 odd levels and my first take would be Shorting Put options. Accordingly 25 Jan expiry Put short has been initiated at 140
The same has been updated in my...
RKFORGE:- Rounding bottom pattern has formed, keep your eye.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on...
CUB:- Double bottom pattern has been formed and you can also call it W pattern. keep on eye
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about...
Today is the FINNIFTY expiry. It has been in a tight range, if it breaks, it may give a good move.
TATA POWER and TECHM analysis for break out.
Keep these on your watchlist.
Happy trading. If this helped you, share in the comment.
I am not SEBI registered. Kindly take your own trades.
SBIN broke out from a consolidation of nearly a month.
Trade with very less stop loss.
SL: 595
Target: 650
Risk reward: 1:2
Trail you stop loss.
If you find this helpful, please share it in comments.
Happy trading.
Take your own trades. I am not SEBI resistered.
Banknifty Chart Pattern Analysis
Probability is to take support near 43100
Bulish SIgnals--
1 Accesding pattern is very popular for bulish signal
2 USD INR trends Down
3 FII data-Net Purchase activity shown
Still its believe that breakout for high after taken a valid support
NSE:BANKNIFTY
HINDUNILVR
Key highlights: 💡⚡
📊On 1D Time Frame Stock Showing Breakout of Bullish flag Pattern.
📊 Strong Bullish Candlestick Form on this timeframe.
📊It can give movement up to the Breakout target of above 3070+.
📊Can Go Long in this stock by placing a stop loss below 2520-.
📊 breakout this can give risk:reward upto 1:13+.
NSE:NIFTY
Nifty analysis for 14-11-22 {monday}
Nifty has a heavy resistance at 18350 cause it has reversed from this level twice on a daily time frame.
if it breaks and sustains that level then it might try to break lifetime high of 18650 in upcoming sessions
support will be 18300 this will become a reversal trade for us.
Always use stop loss and trade with...
