Infosys is in Zig zag correction after making top near 1955. The Rally from covid low ends in 5 waves near 1955. Currently in Wave C which can head up to 1073 and worst case 700 which is 1.618 extension. Analysis invalidation level will be 1620. The LAST Time we analyzed it, moved as per chart DISCLAIMER: There is no guarantee of profits or no exceptions...
Recommendation: Enter now at the lower support lines and exit at the upper resistance line. Why I am personally bullish on this stock ? 1. Bullish Price Channel 2. Strong Fundamentals a) Quarterly Sales increased from 77 crores (Dec 2021) to 182 crores (Dec 2022). b) Quarterly Operating Profit increased from 4 crores (Dec 2021) to 46 crores (Dec 2022). ...
AXISBANK is trading in descending channel & its trying to breakout of channel, wait pateintly to break 852 then its a buy for very short term. Could be bought above 852 with mentioned stoploss & target till EOD/GAP-UP.
Good support nr 200ma Target 22300 SL 20200 Also channel support can be confirmed
nifty cmp 17005 yesterday swing low 16850 has triggered bullish harmonics .886 levels making bottoms near trend line supports of parallel channel . positionally nifty can reach 17140 / 17220 / 17440 / 17570 / 17780 levels with stop loss of 16740 on closing basis all technical set ups are shared in charts
HUL broke out of descendng channel on smaller TF with good volumes. Could be bought with mentioned stoploss & target.
Sell below 40780 with the stop loss of 40880 for the targets 40680, 40540, 40460 and 40320. 41000 - 41100 is resistance. Price have to sustain above it to be bullish. Buy above 41140 with the stop loss of 41040 for the targets 41240, 41360 and 41480. This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
SUNTV broke out if desceding channel with good volumes on daily charts. Could be bought with mentioned stoploss & targets.
ARIES | Simple channel breakout ahead - Potential for 70% CMP : 151 SL : 120 Target : 250 1:3 risk reward setup P.S : Market cap is just 200 crore, strictly consider a very small position.
Good fundamental Buy for swing trade if it is break 1000 for 1400 target
NSE:BANKNIFTY Banknifty price movement is still moving in a symmetry to its structure and there are very low signs of change in symmetry and Banknifty has tested the resistance level and reversed a bit validating the make-or-break zone. The resistance level is 41300 The support level is 40800 A break of any level can give good momentum. The Up price...
KOTAKBank broke out of descending parallel channel with good volumes on hourly/daily charts. Could be bought with mentioned stoploss & target.
Price is at the support level of the channel. Stochastic oscillator signal line crossover. Formed a bullish engulfing pattern on the support level . Buy - 83.00 - 84.00 Target - 96.80 Stop loss - 78.0 Risk reward ratio - 1:3
IZMO CMP 121 : The first company to have procured a license to manufacture arms and ammunition in India under the Make in India initiative. It gave a technical breakout at 104 and now heading for previous high of 149. If crosses 150 and gives weekly close abv that then one can expect another 25% upside.
Glenmark Ascending Triangle formation bullish only above 410 closing for tp of 457-460 sl 378 on dc basis
Bosch Bullish ascending triangle formation can look for tp of 18968 and 19228 positional only daily closing above 18261 disclaimer : only for educational and learning purpose
Hi guys, today I'm back with a stock MRPL and as you can see it is on the resistance of the channel and 200 ema and telling us to sell, Thank You
Banknifty Target as pattern Head & SHoulder & Channel Pattern in Banknify & Finnifty Both