RHI Magnesita India Ltd PC-A = PC-B #WondersOfPC Technicals: • Recently touched high at Point P1 & went down to Point P2 of PC-A • From P2, retraced strongly and entered PC-B with today's gap up, also crossed midline of PC-B • Taller green towers indicating strong built up for bullish view • RSI entered in 60 Zone • Relative strength is green Fundamentals: It...
Stock is trading in the downward sloping channel and breached the support level of 2350. Stock is likely to continue its prior trend towards 2200 , hence, on any recovery stock should be short sell keeping SL of 2400 and look for the target zone of 2200 and 2100 in the coming weeks.
ICICI Bank is currently consolidating in a channel formation in Hourly Charts. Any up move above 920 Levels with good volume can bring fresh breakout in this stock in Short Term. Do not pre-empt this… Fresh Longs only if the stock is above 928 with good volumes. If Stock breaches 895 Levels we may see Lower levels.
Bhel has couple of resistance ahead, 73, 77 and 80 . Result of this quarter has not boost the confidence of investor thus far. So, it might move down to touch the support of the parallel channel. Positional view for the next 10-15 days :- Target : 65 Entry at 73+ SL: 75 for more details see the chart .
Hind petrol char is ready to give 5% to 10% return in next few days or week this chart is ready give reversal on down rising channel now price is 215 may be trg 240/260/280 stoploss 200.
Buy IFB IND CMP 1086 Target 1- 1260 Target 2- 1375 SL-975 clbs
3 Years #Multiyear #Breakout under Upward Parallel Channel at #VINDHYATEL (Vindhya Telelinks Ltd) Weekly Chart.Its #Outperformed #Nifty. BSE: 517015 / NSE : VINDHYATEL ONLY FOR #educational NOT SEBI REGISTERED. #LEARNEARN (TRUST YOURSELF) #nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #Chartanalysis...
What is the trend deciding level, how to trade when the market is moving in a narrow range and how to handle next week's movement in bank nifty is explained in this video.
Price is trending in a upward channel in one hr chart and whenever price is testing the upper trend line it is falling towards the lower trend line. We experienced volatile range move last week. As long as 18000 is holding, bulls will come and buy in dips. The expected resistance levels are 18480 - 18520 and 18600. The expected range for the market movement in...
Price is moving within an upward channel. There are two ways to trade on it. Channel trade and channel break out trade. Sell below 708 with the stop of 712 for the target 704, 700 and 695. Buy above 714 with the stop of 710 for the targets 718, 723 and 728. Finding the trend strength only I will take the trade.
Nifty, bulls hold the fort almost till the last rush hour, putting everyone to sleep mode. Last 75 minutes comes the rush and rush was sharp and closed lower. The internals do not look great. Broder markets lack the momentum to push further up. We have drawn the bearish crab pattern; the approximate high is around 18400-500 area. Either we have already hit or...
Breakout in KOTAKBANK in Weekly Timeframe Entry - 1969 Target - 2255 The stock might retest before moving up. DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
seems bears are over for the time being and it is ready to break parallel channel to upside
Coforge LTTS HCL Technologies Mindtree Infosys Mphasis Larsen&toubro infotech LTI Tata Consultancy Services Tech Mahindra Wipro NSE:CNXIT
Parallel Line Breakout/Breakdown. If either of the side crosses with volume then can give a trending move.
Tata Consumer - Short Term Range Breakout Idea When the price crosses the range, it is likely to continue in that direction. Intraday traders then use the breakout as the entry point. In simple words, the opening range breakout strategy means taking a position when price breaks above or below the previous day's high or low Tata Consumer Products is an Indian...
Breaking out channel pattern with huge momentum giving conviction for LONG trade with favorable RR.
NSE:SUNPHARMA 7 month Consolidation between 800 - 940 & recently Breakout from Ascending Triangle Price approaching 7 Year Resistance zone of 1070 - 1080. Breakout above the resistance zone will make Sunpharma a Rocket. Short Term Target : 1070 Long Term Target : 1542 - 1831 Upside : 50%-70% SL : 880 Rising in Channel since March 2020 and Taking support from...