Positional
Maxvil good break#maxventures
Add on retest.
Has done breakout with strong volumes
Wait for restest.
#vr
Granules on Daily and Weekly ChartHello Traders keep Granules on radar ....
Granules makes a Rounding Bottom pattern on a daily chart.
If it gives a breakout of 326.10 and holds it strongly.
Then we will see the levels of 362.20, a move of more than 11%.
362.20 is a Resistance on the weekly chart.
Happy Trading
SUZLON -- POSITIONAL SUZLON ENERGY -- POSITIONAL -- DAILY CHART.
1. Stock has seen trendline support at daily chart on current level 8.25 - 8.50
2. At trendline support hiekin ashi doji candle seen last trading session
3. todays candle after doji is bullsh green candle confirm trend reversal to upside
4. double bottom formation seen on daily chart around 7.75 level which also indicate downside limited from current level
5. trix line at center line now ,
6. one can initiate BUY position at 8.50-8.70 level as positional trade target 9-10-11 for 1 month time frame 20-30% upside potential stop loss bellow double bottom formation candle at 7
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ** Trade at own risk !!
HAPPY TRADING .!
Tata Motors - Short Term OverviewTata Motors is in the progress of forming head & shoulder pattern. If completes, then may reverse from the support levels of 370-350. If breaks down further then may come down to the levels of 290 around. It is just a view, not any suggestions.
Only for learning & sharing purposes, not a trading recommendation.
While trading, first save your money, then plan to earn more.
Please share your views.
All the best.
Voltas again heading towards support zone of 920-930Weekly Chart of Voltas is again heading towards support of 920-930 zone which is tested 5 times since May'22. I will place GTT order to buy near 930 with SL closing below 925 which will give me great R:R. And if it breaks this support zone then 905/844 can also come. I am always looking for favourable Risk reward trades and in Voltas am looking for quick 8-10% gains which are more than enough for me.
BULLISH on HEROMOTOCO (Positional)NSE:HEROMOTOCO
HEROMOTOCO looks Bullish to me. The price is trading above the moving averages which indicates bullishness. The price had given a breakout from the trendline, and after that it consolidated and again gave breakout from a flag pattern. The MACD indicator has also given bullish signal. The RSI indicator is above 50 levels which indicates good momentum. I think its a good long for positional. The SL and Target is given in Chart.
Disclaimer : This my view and analysis. It is for educational purposes. It is not a recommendation, call or a tip.
Colgate - Next MoveColgate is trading at a crucial level. Levels are mentioned on the charts. Sustaining below 1685 may take the stock to the levels of 1625-1600. Or sustaining above 1685 levels, will give a breakout for the target of 1740.
Only for learning and sharing purposes, not a piece of trading advice.
Always calculate your risk before entering a trade, rather than calculating profits.
All the best.