Godrej prop is in parallel channel. I have a feeling this time it will give breakout above 3100 and 3200,3300,3500 can be seen.
Price was moving within a channel for few days and the movement is also very less. 23500 is an important level to decide the trend direction. Pattern : Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 23520. Stop Loss : 23480. Targets : 23560, 23600, 23640 and 23680. Sell below : 23420. Stop Loss : 23460. Targets : 23380, 23340, 23300 and...
HCC is one of the oldest infra stock of India showing some change in fundamentals which is visible clearly on chart. A weekly closing above 50 can open big targets for stock. A risky bet for multibagger returns.
Reason for going long on HDFC: Ichimoku: HDFC stock has been sideways for years but is slowly turning bullish after hitting strong Ichimoku cloud support at 1350. It is now crossing the Tenkan-sen (TS) and Kijun-sen (KS) on the monthly chart. Fibonacci + Fib Channel: When we draw the Fibonacci channel and Fibonacci extension of swings, it looks like HDFC is...
There are chances that nifty can give the great sell trade *Reasons for trade 1) price over buyed 2) There is rsi divergence on 1 hr timeframe 3) moving inside a channel pattern 4) price is going up but volume is contiously decresing # make sure you set your own stoposs #one can take trade ones market start breaking download ...
IDBI is consolidating from 25-Jan-2024. Good time to accumulate in SIP for long term. Stop Loss 76 Closing above 95 on weekly basis might push share towards 115 levels.
MEDIASSIST | Simple + High probable setup Recently DII are accumulating it decent qty CMP : 561 SL : 520
Bank Nifty was trading in a small range for last few days and completed time wise correction. Bears failed to hold it below 50050(.786 fib level), so high chances of hitting 100% and goes up in extension to hit the channel top. As per daily time frame Super Trend and fib channel we have a great opportunity in long with small SL. Stop Loss below 50130...
Trend: As expected, last week was very eventful with wild volatile moves. Nifty has given a very strong ATH weekly closing near 23300 by forming a hammer candle(hanging man) in weekly time frame. It means that bulls have crushed & empowered bears completely. Next week should be However, the exit polls seemed to be a perfect bull trap and the crash was a bear trap....
Granules in perfect Cup and Handle Pattern Volume low in cup formation and spiked on right side of the pattern. Breakout of parallel channel is right time to enter No buy/sell recommendation.
JUBLPHARMA started from 2004 and formed wide long parallel channel It has bounced without breaking 211 now it is ready to hit upper edge of the channel in 1.5 yrs
NIFTY50 Analysis Update (1W TF) - 15th June, 2024 - Trading outside the channel as of now - The Resistance & Support Zones are marked out - This should help choosing our Swing Trades as well If you are in FOMO: - Then ensure to choose stocks that are at Weekly support levels only - Do not jump into falling knives which are away from their support levels Note:...
SKFIndia After consolidating for 1 yr and bounce from previous year low it has started new and final journey towards the bull run which was started after covid.
Trent in parallel channel. I think it can go till 5080 then can reverse till 4700.
Symbol - NIFTY50 CMP - 22960 NIFTY50 is following a rising channel & headed strongly towards its higher end. Currently It is trading near round level of 23000. According to my analysis & my view, Nifty50 will face strong resistance around round level 23000 - 23100 which is also upper end of the rising channel. I'm expecting Nifty to show a reversal from these...
As it breaks out from the base consolidation, the key level would be close above 56. This could see further momentum on the up side. However, always keep a strict stop loss as per your risk if trade doesn't go as plan. Note: Not a buy/sell recommendation. Please consult your registered advisor.
The stock has entered into consolidation phase after a prolonged rally and now is forming a parallel channel TARGET 4469 WITHIN 3-6 WEEKS
YOU are responsible for your OWN LOSS. ONLY SPECULATING HERE.