Bank Nifty if it breaks the channel could go below 30k and test 28500
HDFC has broken major support levels of 2500/2400 and now if breaks and closes below 2350/2365 support, we could see more weakness here upto 2240/2180 levels. No long positions as long as it doesn't close above 2450.
As we see TECHM is on the verge of breaking channel and 200ema .we can go long above that by keeping our stoploss below 200ema.
28Feb India Cement near Channel bottom add now 195 or near 180 SL closing below 169 T 220, 240, 265
Possibility of Breakout in COLPAL. Initial targets can be 1555 and 1700. DISCLAIMER: The ideas are only for educational purposes and not buy/sell recommendation. I am NOT SEBI registered.
We can spot bullish divergence in POWERGRID. We can go long above 200ema and high volume area. Targets are mentioned in the chart itself.
Swing trade opportunity in ABFRL. Initial target can be between 295 - 300. DISCLAIMER: The ideas are only for educational purposes and not buy/sell recommendation. I am NOT SEBI registered.
MCX Nickel is following the above uptrend channel from 23 Jan 2020. And making a good trade opportunity for commodity traders. Nickel's upward trend is not over yet. But we may see a downfall below the control price, and it can be up to 1686 - 1620 . But what happens if it breaks the control price? It's a 100% sign for a buy signal. But intraday or...
Near to support area and kind of channel support....... So i am investing small quantity....
Tata Elxsi Cmp 6561 dated 22-2-2022 1. Trendline breakdown @ 6625 Sell at cmp for a tgt of 6450-6280-6150 SL 6700 It is just a view, pls trade at your own risk.
ANDHRAPAPER :: LONG ---------------------------------- Initial Buy Level below 220 Stop-Loss 199 May add more when price sustains 245 - 250 (buy on dips in 2-4 tranches ) /** Caution : Cyclical paper industry stock ... Prefer allocating < 5% of your capital. Radhakrishnan Damani has small stake as of Dec 2021. This is just a probability analysis and trade...
The chart is self explanatory with key level and analysed on basis on Support & Resistance , Parallel Channel , Fib and EMA. Thanks
Like a lot of stocks in this correction and volatility, Power Grid has broken its long term support line. It is a SHORT/SELL. A Lower Top formation would give a clear sign of how long this correction can be. If however, the chart bounces back above its channel in the next 2-4 trading sessions, there might be some respite.
Ambuja cement Stock can test bottom of channel line and can reverse up side so buy on bottom
NSE:POWERGRID is touched the bottom line of ascending channel. Also it's near to the 0.786 Fib levels. It always respected the channel trendline. So if it breached it can give good down move. Also there is chance to continue inside the channel. Wait and take the trade, once the direction is confirmed.
Ambuja Cement Cmp 338 dated 18-2-2022 1. Channel Breakdown @ 336 2. Price Fall with Volumes Sell below 336 for a tgt of 330-320-310-300 SL 350 It is just a view, pls trade at your own risk.
The stock is looking good as price above important moving average , fib support , healthy correction and flag pattern. Long: Entry above Rs 770 , Stop Loss Rs 740 and Target Rs 850 Short: Entry below Rs 750 , Stop Loss Rs 780 and Target Rs 650 Thanks
NATURALGAS formed the "Ascending Broadening Wedge" pattern on the daily chart.