THE Fundamentals are a major concern but a technical opportunity can be identified . the stock is moving in a channel of making higher highs 576 can be immediate target
Nifty Analysis Parallel channel pattern Bias : Negative Resistance : 19720 19800 Support : 19598 19540 19500 If you like the analysis , pls Support by Like and Follow Lets discuss in the comments section and trade updates Disclaimer: Ideas listed are My Trading analysis and Notes/journals. Not a RA These are NOT recommendations for Buy /Sell. Do your...
expecting it to bounce from here and go to the channel top. I feel it would reach ~1120 where a very good resistance is there. PS: I am a self learner and high chance of going wrong. Please don't invest only on seeing my idea - please study by yourself.
LICI has given breakout from parallel channel and about to give BO from the resistance line as well expect 100 point up move with stop loss of just 50 point
Descending Channel Breakout on Weekly Basis. Buy Above 1486 on weekly Closing Target 1 - 1555 Target 2 - 1611 After this is Trailing the profit till 1755 only if 1670 on weekly closing basis else book at Target 2 If Stock comes down after entry buy more at 1417 SL - 1375
Having completed the month of July with a large price movement, we are starting the august cautiously. Refer the Channel and go with the flow. For positional traders, the crude is still bullish having the Brent crude oil sustaining above $80.Below $79, could see selling pressure. For MCX traders intraday, refer the channel and above the channel line go long. Any...
BNF may hit the new high in couple of trading session.
NIFTY is near trendline. Go long if it gives breakout on the trendline and crosses the nearest important levels. 1st Target - 19857 2nd Target - 19989 If there is momentum it can reach the 52-week level.
JUBFOOD fut broke out of descending channel on an hourly charts with decent OI build up. Could be bought with mentioned stoploss & target.
Relaxo Footwears is a well known brand in the manufacture and marketing of footwear and related products. It operates through the Foot ware and Related Products segment. Since its launch, this stock has given massive 6592% return in 12 years and has potential to grow more. After making lifetime high, stock has corrected more than 50% and has changed it’s trend...
Ambuja Cement Ltd Key highlights: 💡⚡ ✅On 1Hour Time Frame Stock Showing Breakout of Descending triangle Pattern . ✅ Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 430+. ✅Can Go short in this stock by placing a stop loss below 415-.
NSE:BANKNIFTY Banknifty is moving in a bear channel which is just a correction in an uptrend. yesterday it formed an outside bar on a daily timeframe, and it formed a very wide channel as you can see on the chart. The price is expected to open a gap up and test the supply zone and fall again. A sneak into the past:- If you carefully observe the channels in...
NSE:TATACONSUM Parallel channel Stock looks good for huge upside move. Since April stock has been move 17% on upside. Stock has been in a range of 870-820 for 40days straight. We can expect a good move on higher side. If it’s a fake out then we can expect a 5% down side move. Educational purposes only.
NSE:NIFTY reached near its All Time High 19000, peoples are talking about big fall but here the view seems different to me, As per my Elliott wave study and my counting on it which can differ with every EWT user above is my shared view, please look carefully & have a happy trading here are some points to take in consideration. 1] Price is still in channel. also...
Strategy: Channel and PA Entry : 19800 and above SL : 19750 Target : 19880 19940 If the price enters the channel down, exit If you like the analysis , Please Give a Like If you want to discuss, Please comment Disclaimer : Ideas listed are My Trading analysis and Notes/journals. Not a RA These are NOT recommendations for Buy /Sell. Do your own analysis...
Banknifty (weekly ) More probability is there for " Bearish " . . For " Short" entry: 45950 target: 45750 / 45550 stoploss: 46070 . . For " long " entry: 46080 / 46360 target: 46450 stoploss: 45050 . . Enter only if market Breaks "Yellow box" mentioned. . wait for proper reversal and conformation. . don't be aggressive. . refer old ideas attached below
Hindalco is fundamentally a very good stock and has given good returns in the past. Currently, it has formed and given a breakout of a symmetric triangle pattern in a weekly timeframe with good volumen and trading in a daily/weekly channel. It has cleared its first resistance which was a zone of 450 and is now ready to travel up to the upper body of the...
#PowerGrid The stock has come out of consolidation. Strong support around 240 zone. forming Raising Channel.