Chart is self-explanatory. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations.
Nifty & bank nifty prediction for tuesday 30 may 2023 Nifty look Bullish with 100 points gap Bank nifty will turn bearish only below 43600 below recent swing low maximum jerks will be to todays day high 44525 if Happens gap down then Fridays low will be target
BUY - SUDARSHAN CHEMICAL CMP - Rs. 462 Target - 1: Rs. 660 Target - 2: Rs. 760 . . Technicals - Trendline BO . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
Laurus Lab Cmp 305 dated 3-4-2023 1. Parallel Channel BO @ 300 (already done) 2. 50 % correction already done from highs. 3. RSI reversal & done BO Buy above 306 for tgt 320-330-345-360 SL 280 It is just a view, please trade at your own risk.
MRPL Cmp 60.95 dated 27-4-2023 1. Channel BO @ 59.50 (done) 2. Price Rise with Volume Rise Buy above 62 for target 65-68-71 SL 56 It is just a view, please trade at your own risk.
Wipro is currently on a Downtrend for over a year now. The IT sector overall looks bearish and on Wipro, you can spot a beautiful channel pattern forming and price-making lower Highs. It has a roughly 1:3 RW Ratio. Entry - (382-384) SL - 390 Tar - 360
it has been in 5 year parallel channel, under selling pressure to touch lower band
The stock looks bullish, though below 200EMA, have given channel break out with huge volumes along with inverse Head & Shoulder formation. After 200EMA has the strong resistance zone which is breached can provide new higher targets.
BALKRISHNA made an descending channel pattern on an hourly charts & its on the verge of breaking out of it. Could be bought with mentioned stoploss & targets.
Weekly Channel Breakout Done Good Point to Enter the trade with an upside of 346-384 on weekly Basis SL 270
Will USD INR continue the uptrend.? Clear divergence in RSI says NO. It is also trading at the upper end of the rising channel. Lets watch watch what happens at the current resistance of 83. If USD makes top we can see rally in Nifty.
BUY - VISHAL BEARINGS LTD CMP - Rs. 126 Target - 1: Rs. 205 Target - 2: Rs. 295 . . Technicals - Ascending Triangle BO . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
HINDALCO on the verge of breaking out of descending channel pattern on an hourly charts with decent volumes & very good risk:reward ratio. Could be bought with mentioned stoploss & target.
overbought in near term, look for oppurtunity at lower level with follow through. this may be value investing with time frame of 5-7 year
Chart patterns look good for a short trade in Reliance industries REASONS 1. RELIANCE has been trading inside an Ascending Channel and currently it is down under its Downswing move inside the channel 2. There is a Monthly breakdown (shown in chart) out of a 5 year old trendline support Monthly timeframe chart below - 3. In weekly chart shown below, ...
ESCORTS broke out of descending channel pattern on an hourly chart with decent volumes. Could be bought with mentioned stoploss & target.
Price is testing the upper trend line of the channel. Buy above 19640 with the stop loss of 19600 for the targets 19680, 19720 and 19760. Sell below 19560 with the stop loss of 19600 for the targets 19520, 19480 and 19440. This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
NBCC | Looks good for a stable 60-65% rally CMP : 42 (Dip : 36) SL : 30 Target : 65