ASHOK LEYLAND BREAKDOWN !!ashok leyland has given a breakdown after soo much consolidation,
also the RSI divergence confirm us to enter the trade
Oscillators
Bank Nifty 38986 dated 19-8-2022Bank Nifty 38986 dated 19-8-2022
1. Bearish Engulfing Pattern. At top of the chart.
Sell below 38800 for tgt of 37400-37050 SL 39500
It is just a view, pls trade at your own risk.
NIIT Ltd Cmp 365 dated 18-8-2022NIIT Ltd Cmp 365 dated 18-8-2022
1. Triangle Pattern Chart
2. BO @ 372
3. Parallel Channel BO @ 370
4. RSI already in BO
Buy above 372 for tgt of 385-400-415-425-440
SL 340
It is just a view, pls trade at your own risk.
BHARAT FORGE BREAKOUT Bharat forge seems good on weekly chart it gives breakout on falling resistance trendline and gives breakout on relative strength indicator this indicator is indicating more bullishness is coming in this stock.
CAUSE OF LONG-:
1- Breakout on falling resistance trendline
2- Breakout On relative strength indicator
HDFCLIFE price studyPrice action to watch .
Possibility price to reach 510 if break below trend line.
Possible sell trade entry at CMP 540 with SL above 545.
In case of gapup, we could wait and observe if price closes again below trend line.
old demand zone below 510
GRinfra Long (10 Aug)GRinfra Long (10 Aug)
RSI- 70
Consolidation breakout at 100 day EMA, positive crossover
Buy at CMP- 1410 or at 1350
SL- 1280
Target- 1570, 1645
Join us, Learn more, Earn more
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
HCL tech multi timeframe analysis for swing trading in hindiHCL tech multi timeframe analysis for swing trading in hindi
in this video i have shown, 15 minutes & daily chart analysis of HCL tech.
and trade setup for next day 08/08/2022.
you will get idea of where to short sell & where to put stop loss.
i have shown practical use of reversal pattern such as triple top, H&S, double top & rising wages pattern.
i have also discussed about trendline, RSI diveregence & wyckoff method in real life example.
basically i have shown, how to use technical analysis in real life.
video is in hindi language.
if you like or found useful, kindly like, subscribe & share.
Disclaimer: only for learning, not trading tip. trade at your own risk.
Hindi description:
Swing trading k liye HCL tech ka multi timeframe analyis.
maine is video me bataya hai k kaise trendline,reversal pattern aur RSI ka istemal real life me kaise kiya jata hai.
is video me aap sikhenge ki double top/ triple top/ H&S ko kaise real chart par mark kiya jata.
is video se aap technical analysis ko sahi tarike se use karna sikhenge.
disclaimer: yah keval learning k liye banaya aur share kiya gaya hai, trade apne risk par kare
APOLLO HOSPITALS BREAKOUT CONFIRMATION AWAITED Apollo hospitals gives a breakout on falling resistance trendline but it seems have to wait for a confirmation of breakout on relative strength indicator too till then I added it to in watchlist and setting an alert for rsi indicator breakout confirmation, that is why i am tagging this idea into neutral tab.
NESTLE INDIA WEEKLY CHARTNestle india turning bullish from neutral looking good on weekly charts and showing strengths on some parameters pointed out on chart
Cause of Long-:
1- Falling trendline resistance line breakout
2- Bullish initiation on macd indicator
3- Above on rsi indicator support levels
POWER MODE ONTata power looks good on daily charts gives close on 50 and 100 day moving averages on daily chart after so many sessions one more positive thing is there is relative strength indicator breakout seen that was facing a big resistance too today crossed and closed above on that too.
CAUSE OF LONG-:
1- Closing above on 50 and 100 day moving averages
2- Breakout on Relative strength indicator
GodrejCP price action studyPrice action only to watch.
Having buy bias as seen in chart
Aggressive entry CMP till moving average.
SL - candle close below trend line.
(entry 850, SL 840)
Conservative entry near next channel bottom and demand zone.
SL - below zone.
(entry 825, SL 815)
In both cases, SL is 10 points. Target 30 points.
----
No trade in case of huge gaps.
#Gold Short ( 01 Aug)#Gold Short ( 01 Aug)
RSI-49
Gap down, RSI divergence
Sell at CMP- 51380
SL- 51550
Target- 51185, 51060
Join us, Learn more, Earn more
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
#mcx #commodities #commoditycall
Silver Short (01 Aug)Silver Short (01 Aug)
RSI- 62
RSI divergence
Sell at CMP- 57995 or around 58150
SL- 58450
Target- 57400, 57100
Join us, Learn more, Earn more
Disclaimer- We are not SEBI registered advisor.
Charts and views are only for educational purpose.
HAVE A CUP WITH SPECIALITY !!!!Speciality Restaurants have finally given the most awaited breakout above 182.
This Cup and Handle pattern was under construction since 2015 and
finally, after 7yrs it has given the breakout from the pattern.
Also, the breakout is supported with volume & RSI , RSI is taking support at 60.
NOTE: - This breakout is seen in long-term charts, hence should be considered
on a positional basis.
STATE BANK OF INDIA WEEKLY BREAKOUTState bank of India becoming strong on weekly charts with breaking downtrend resistance line and gives breakout on relative strength indicator and seems good buying absorptions too which is indicating coming good volumes and higher prices
CAUSE OF LONG-:
1- Falling resistance trendline breakout
2- Relative strength indicator breakout
3- Good buying absorptions indicating resumption of up moves in this counter
Nifty Bank Chart with RSI, MACD with W Pattern breakoutNifty Bank Chart with RSI , MACD with W Pattern break out - for our study.
Possibility of Break out is high as we can go for long
#MHRIL #ParallelChannel #Bullish #RSI#MHRIL out of a #ParallelChannel volume is not that supportive but #RSI is showing some #Bullish potential. Just for my personal records
RSI Convergance spotted in TCS Daily timeframe.As the title suggests, in daily timeframe of TCS there is a RSI convergence.
From 1st L H point TCS is falling but RSI is not making lower lows, rather RSI is making higher lows since June 25th.
And also 3000 price level is a support zone (Look at weekly chart).
Probably this stock is preparing for a short term up move, good swing opportunity.
First target would be 3200
and second target would be 3400.
Trailing SL is a must.
MONTECARLO - Ichimoku Bullish Breakout Stock Name - MONTE CARLO FASHION
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at CMP
and more bullishness will be visible after it cross 820
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, it motivates me to do analysis.
