Positional
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.
JUBLFOOD --- POSITIONAL TRADEJUBLFOOD - 1 hour chart - Positional trade.
1. Pullback seen from oversold level around 560 where double bottom formation also seen on chart
2. trend reversal doji candle form at double bottom level where uptrend seen on chart
3. Trendline breakout seen at hourly chart at last hourly candle
4. sqzmom indicator seen reversal from oversol at blue line
5. WMA RSI -- RSI seen up move and if cross wma Then uptrend confirm
6. support form at 570-575 Level which is buy level and target 1- 600, target 2- 620 , stop loss bellow doji candle low 555
Positional trade (8-15) days
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ... trade at own risk !
HAPPY TRADING. !!
BULLISH on Hitachi Energy (Positional)NSE:POWERINDIA
There is a triangle pattern in Hitachi Energy. If the price breakout from 3650 levels then it is bullish. The price is trading above moving averages which is showing bullishness. The MACD is also bullish. The RSI is above 50 which shows good momentum. If the price breakout from the triangle pattern the SL level will be 3200 and the target will be 4550. This is a positional view from 1 month to 6 month.
Disclaimer : This is my own view and analysis. This is for educational purposes. This is not a recommendation, call or a Tip.
Mahindra cie strong resistance area#mahindracie
Mahindra cie auto
Close to 14 years resistance breakout area.
Keep and eye and enter on breakout.
#vr