It will be strong if it will sustain above 1050. If it will manage to sustain above this level then it may test its upper supply zones. Please find the supply and demand zones for target and stop loss.
I can come with new research an idea but, before to start talking about technical Let's share your LOVE by giving me LIKES and COMMENTS. Thanks in advance.
"" DAILY CHART ""
The stock seems bullish to me because:
1) The stock has Recently Broken its major Resistance level.
2) The Earlier price action signifies its going to rise (History Repeats itself).
3) Elliott Corrective wave has completed and now we are in Elliott Impulse wave zone 12345.
Do let me know your valuable view points, follow me for more!
The stock has already taken its move.
The stock is moving up-direction.
The value is moving higher and chances are it will continue move higher.
Yet the perception is that the market is perhaps at a point where investors should be buying.
Major support level is 1853.
Coal India: POSITIONAL BUY on close above 150 - 152.80 on daily charts.
Expect targets of 180 levels. Maintain stop loss of 121.
Overall stock market conditions are very important factor in positional calls.
Reliance is looking good above 1380-1400. If it will manage to sustain above this zone then it may test its next supply zones soon. Please find the demand and supply zones for the target and stop loss.
AXIS BANK BEARISH CHANNEL BROKEN
-FIRST SIGN "INSIDE BAR BREAKOUT"
-CONFIRMATION WILL COME ONLY AFTER A CLOSE ABOVE 402
-ONCE ACHIEVED OPENS TARGET TOWARDS 435-470
-STOP WOULD BE AROUND 380 ONLY AFTER A BREAK ABOVE 402
-"BUY ON BREAKOUT" RECOMMENDATION
This analysis is only for educational purposes, Invest at your own risk!
The New 52 week high created by DRREDDY at the price 4,132.20 INR will serve as the resistance.
A Doji candle was seen on the 19th of May(yesterday) which on the next day (20th May)rose the price with an abnormal Volume.
The Market closed with a big green candle for DRREDDY, This opens a...
There is a High Probability that Torrent Pharma will brake its trendline and Trade above its breakout level.
Please find the demand and supply zones for the target and stop loss.
Importance of the lines.
FUTURES TRADE IN SHRIRAM TRANSPORT
!!please note trade with caution!!
!!manage your risk!!
!!please adjust for future rates!!
!!intra-day ideas series everday at between 9:30 to 10:30!!