We're approaching a key resistance level marked by the red box on the chart. Prediction: Potential Downtrend: A bearish rejection at the resistance zone could signal a price reversal and downtrend.
Grindwell norton making Cup & Handle pattern. Look at the false breakout. Long upper shadow signifies selling pressure. It's either good to wait for weekly close or have SL at breakout level. False breakout then retraced to 61.8 fib retracement and took support. Also, it was long term trendline support. Plus look at the long lower shadow which signifies strong...
SYMBOL - SBICARD SBI Card & Payment Services has been in downtrend since a long time. It is now trading at major supports levels once again. A long position can be made at current levels for trading/investment purpose around 700-710 as risk : reward is very good at CMP. SL can be 680. Targets for trading purpose can be - 745 & 765. For Investment, Targets...
AU Small Finance Bank Limited is engaged in providing a range of banking and financial services including retail banking, wholesale banking, treasury operations and other services. CMP - 565 AUBANK is currently trading in a support zone & looking good for long term investing perspective. I am allocating my investment allocation at CMP. Targets I'm expecting are...
BATAINDIA is giving Inverted Head and Shoulder pattern breakout from 1400 resistance levels. This looks like a trend reversal for the stock which has been underperforming since few months now. SL: Daily close below 1370 Target: Previous high or ATH in coming weeks / months.
Symbol - RAMCOCEM Ramco Cements is currently trading at 772 730 - 770 is a good support area for The Ramco Cements. I'm seeing a trading opportunity on buy side. Buying Ramco Cement Futures at CMP 772 I will be adding more if 745 comes & hold with SL of 730 Targets I'm expecting are 812 - 845 - 930 & beyond. Disclaimer - Do not consider this as a...
good risk to reward for bulls, price shouldnt close below the prev swing. or else bears would be incharge
Zuari Agro ready for new High the marked pattern is very importanat High break long entry below Pattern Sl Target new high
Short at 175. Target 166-67. SL 178 hourly basis Risky trade as results to be declared today.
One has to be brave to call a Short in this stock. It's a market favourite plus part of Nifty 50. Still looking at the chart and options data, I'm wondering if the bearish H&S pattern will actually play out, or not? But to me it looks like sell on rise until it closes above 1125. At the time of writing 2:40pm on Fri 03May'24: CMP 1097 Highest calls are at...
PARAS : Resistance breakout and retest Stay Long only above 935
Grindwell : Cup & Handle breakout Stay long with support at 2400
indusind bank trying to breakout resistance and trend line, if breakout happen indusind bank price will fly to reach target shortly, otherwise it will continue sideways.
As per PCR and Price retracement this correction is a retracement and make a longs around 48200 levels as shown in chart take only Next month calls just a view not a reco...
Look for Sell on rise for a target of 1050 just a view not a reco..
As per Data analytics and price action it may retest 455 to 460 levels and take reversal and if it comes to 445 to 450 it will take support. Just a view not a reco..
Campus Trend Reversal - NSE:CAMPUS forming Inverted Head&Shoulder pattern at daily timeframe - Breaking parallel channel on Weekly timeframe - Buying range 255-260 - Stoploss 235 - Long term target 400 Disclaimer:- Investments in securities are subject to market risk. Everything I discuss here is for educational purpose. I am sharing my personal view as a...
-Posted good growth results -Squeezed between 10 ema n BO (Breakout) level -Shakeout from 21 ema -Volume contracting -DTL (Down Trendline)