Bank 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 18-8-2022 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 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
Price 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) 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 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...
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 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
Tata 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...
Price 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.
Possibility for target of 30 points against risk of 10
#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) 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.
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...
State 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...
Nifty 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 out of a #ParallelChannel volume is not that supportive but #RSI is showing some #Bullish potential. Just for my personal records
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...