My Analysis: Stock had initially formed Cup and Handle kind of a chart patter on Daily Time frame and it gave a breakout. Stock is now retracing after giving a breakout. and bouncing from the support zone of 57.25 - 57.55 which was initially acting as resistance. All the moving averages are giving Bullish signals. Hence it's a good buy at the CMP that is...
Wait for activation i.e. Daily candle closing above Rs. 45. (Low risk traders) High risk traders can enter at CMP too. Inverted head and shoulders also spotted, strong bullish signal. Company expected to give a strong quarter as well. Keep in watchlist. NSE:PNB BSE:PNB
CMP- 59.25 SL- 54 (more conservative - 53) Target- 69, 80 25/5/21 - Moving above Daily EMA, Weekly EMA crossover seen - 100 EMA support (confluence) - VOL is increasing on the up moves - Price went from 50 to 57 then took a halt and broke 57 with good volume (shows structure change)
DAILY SWING CALL // Monday 24th of May 2021 // NSE:ORIENTELEC // This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade // CMP / LTP: 299 TARGET: 344+ (15% Around) STOP LOSS:...
- Weekly chart - Poised for ATH Breakout - Looks good for swing/positional trade if sustains above resistance line - Manage risk using stoploss and position sizing
So I posted 1hr analysis before this which was part-1, for early entry. I am anticipating a close of above 1300 will give a boom in this stock. for now on 1hr patterns we got 1hr W pattern breakout = a good move can be seen for a while then we can anticipate the 200dema breakout on D chart for further movement :)
The very first pattern you see on the chart is a flag pattern which has given a breakout (I usually wait for last kiss). You can see a 38% fibo rejection at 873 levels which also acts as a support which previously acted as a resistance. Lastly, you can see a breakout from the upper range of RSI i.e, 60 which can be another confirmation for an up move. Sl could be...
Well, I am a learner so whatsoever I learn and think I will post from now and will try to capture those moves in the future with u all :) Everything I thought about Take solutions trade is written on the chart :) Make sure you like and follow me here if u love the content and want more.
Execute Long only if the RSI breaks the trend line in upside with day candle close for a target of 1526. Execute short if the price breaks the neckline ( Strong support zone ) and manages to stay below it for a target of 1300 & 1200. Right now the stock is in indecisive mode. Don't take any heavy positions for now. Execute only if the above conditions met for...
SILVERMIC | Taking good support at trendline- can see 2000+ pts CMP : 71050 SL : 70000 Target : 72500, 73400 1:2 risk reward setup Already we are holding a long call based on flag - just adding one more position to average
Amaraja battery buying level 786 is active now u can buy for swing above 803. 1st target 84. translated- Amaraja battery 803 ke upper aap swing trade kr skte hai means swing k liye buy kr skte hain. 1st target 840 rahega. upl ka b trade diya hai pls visit profile.
⭕ Positional Trading opportunity ! weekly Chart Alert !!!⭕ --Buy above = 9,426 or CMP --Target = 11,536 --Stop-loss = 8485 --R:R =2.24 --Expected Profit = (22% ) --Expected Holding =1-2 Months only #ThankU For Checking Out Our Content , We Hope U Liked IT 📌 ====================================================== ⭕Technical Reasons to trade or Strategy applied :-...
Aurobindo Pharma looks to breakout the trend. Currently there is a resistance at 1010 range and a strong support on volume profile near 940 range. The stock has tested its low and is currently in the phase of its second leg. If the stock breaks out above 1010 range, buy it with a target of 1050-1100. Keep a stop of 980
Buy PNB above 36 breakout as the stock has formed a strong support near 32. The stock has recovered well from its support and is on a roll to give a breakout. If the stock breaks out above 36 level buy it for 39-42 levels in the coming days. If the stock reaches 32, will update for a fresh position if possible.
Indusind Bank look really positive from this level. A strong support at the bottom is being seen and would be recommended to buy at the levels of 870. The TDI diversion looks strong and can be held for a swing purpose also. Buy above 870 Intraday Target 885 Intraday Target 2- 925 Positional Target- 1000 Stoploss- Below 810 Closing basis