Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1%-2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose Please note that, if there are some big targets, those are drawn thinking...
Despite the Strong Break Down of the Trend Line, Gold as of the time of Publication has not shown follow-up Selling.. 2025 2030 is the Value area for Shorts to re enter if they are to. If Bears Fail to capitalise this opportunity, in that case 2045 zone could be tested.. More Bullishness Only above 2045 Bearishness Could Intensify Below 2005, in that case...
Nifty Weekly Analysis Between the last expiry and today, Nifty has only fallen 191pts ~ 0.88%. This does not seem to showcase what really happened during this week. We hit a new lifetime high of 22124 and then fell 839pts ~ 3.8% in 2 days. Something that we rarely see with Nifty. 16mts chart Nifty Analysis - Stance Bearish ⬇️ Recap from yesterday:...
Honda Motors gave a potential Breakout from downwards parallel channel. Stock is trading above Monthly CPR and printed bullish pin bar showing great sign of rally. Can considered for swing trade. This is posted for education analysis, do you due diligence before taking trade
Potential swing trade opportunity in CENTURYTEX - Daily timeframe. There is a potential upside of up to 16% in this next leg of swing within the pattern.
Nifty Analysis - Stance Bullish ⬆️ Recap from yesterday: “Till yesterday, we were looking for neutral trades with a possibility of going down. See how the tables have turned today. For Monday — we need to look out for bullish opportunities now.” 4mts chart Another gap-up of 131pts ~ 0.6% today! It was required to break the channel resistance line. There was...
AUBANK - Add to your watchlist and watch out for a weekly breakout from a channel that has been around for the last 3 years.
POLYCAB - Although the company has corporate governance issues, there could be good swing trading opportunities in the stock. My thoughts (not a trading recommendation): 2 scenarios - I'd go long if the stock takes support at the channel bottom with good price action & reversal candlesticks. My stop loss will be if the channel breaks. I'd go short if the...
Nifty Analysis - Stance Bullish ⬆️ Recap from yesterday “Nifty looks perfectly neutral from here, the moment the support of 21491 gives away — we can start looking for bearish opportunities. To go bullish the ATH has to be taken out. With the IT majors TCS and INFY declaring the results — we should have a strong swing direction tomorrow.” 4mts chart link Major...
A channel breakout on a weekly time frame with great price action in APLAPOLLO. There is an immediate upside of 15% (first target)... The company has good fundamentals and the risk-reward in this swing trade is very good!
SYNGENE - Beautiful price action in the weekly timeframe. Nice upside potential of 15% Good opportunity to enter now. Decent fundamentals.
Moved down and is forming flag. If breaks the downside and below 200 MA, Downside is confirmed and can enter for a good downward move
OANDA:XAUUSD If Looked at Closely, The Trend Zone has been tested and decent buying is evident. Bearishness will fade above 2050 In that case 2065 2075 2090 and eventually 2100 might open up 2005, Only below this trend zone some more Bearishness is possible in which case 2000 1995 1980 could be tested. So in Summary 2050 2005 Are the levels If Gold...
We had nearly 900 points move today. Because of this, tomorrow can be a less movement day. Price is moving within a channel. Trend deciding level is 47300. Pattern : Channel. Range : Medium. Trend strength : Normal. Buy Above : 47320. Stop Loss : 47260. Targets : 47400, 47480,47560, 47640 and 47720. Sell below : 47200. Stop Loss : 47280. Targets : 47120, 47040,...
Will Nifty50 bounce back or break down this channel. Keep an eye on 21480 if it breaks we may see a sharp fall from here 🍂
Kotak Mahindra Bank Limited offers a range of banking services covering commercial and investment banking on the wholesale side and transactional/branch banking on the retail side. Book Value Per Share: 562.55 Dividend Yield: 0.08 TTM EPS: 86.40 TTM PE: 21.12 P/B: 3.25 Sector PE: 25.38 Positives: Company with high TTM EPS Growth Effectively using...
#Wipro cash -Positional call 09.01.2024 Looks good above 463.10 Stoplsos 450 Tgt 478-480/500/520 Cmp 451
#Bankofbaroda cash -Positional call 08 Jan 2024 Stock is at lower channel support if hold yesterday low better Looks good 228.10 and dips 224-225 (After crossing 230.10) Tgt 238-240/248-250 SL 220 Cmp 224