After a flag breakout there was a reasonable consolidation happening . It is time for a move here.
Escorts moving a narrow range since 3 months. There are trapped buyers who entered after 1900 level breakout, but the breakout failed which was much expected as stock had already rallied continuously since 1200 levels. In last week stock corrected with market, but the dip was aggressively bought and stock came back in the 1800-1900 band. While doing so it tested...
Recent days in media stocks blasting up-side frequently. Its more of intuitional buying because every rise on the price equally increasing volume also. This the sector under perform comparing to other sector, expecting to out perform. Zeel is leader of this sector, last year decreasing it's debt gradually. QoQ result improved. Technical & fundamental is favoring...
AT THIS POING LITTLE PULL BACK THEN WE CAN BUY AT SUPPORT FOR LONG TERM HOLDING 2 WEEK OR MORE DEPENDS ON YOU KEEP ON EYE. THANKS & REGARDS #IAMRAHULPRABHAKAR #STRATEGYBORN
Pros : Technical: Clear cup and handle break out, BO confirms volume. Fundamental: Sales increased almost 150%, PAT, Net profit, ROE increased YoY. Cons : Debt on equity increased but < 1. Current Ratio and Quick Ratio also decreased but > 1. Note : Chance are very less for pull back so need to do splitting capital allocation. (For example current level 30%,...
LTTS looks good for swing players with SL below the lower TL of the triangle pattern.
coforge is facing price rejection around this levels new comers might consider this as fresh breakout but probably looks like will be fake breakout and will reverse sharply waiting for reversal confirmation this can be probable short candidate....
Do not trade in between 35910 - 35605 Buy Above 35910 for the Targets marked on Chart Sell below 35604 for the Targets marked on Chart Make entries only when the price action is suitable respecting to the trendline Take Entries when Market sustains above / below our levels Avoid entries , if there is a Huge Gap Up / Gap Down Take Entries as per Price...
Place stop loss below consolidation range near 1270. Target based on next immediate resistance.
Moving in a narrow range just below resistance. Target 5534 SL 5314 book part at breakout, make trade risk free after breakout. Review your position at 5534 i move is strong keep trailing.
Adani enter Bullish formation observed as per price action in counter,, good support in move from indicators can give a move of 7-10% from current levels
Bank nifty is stuck in a range. either side break can trigger a sharp move. on weekly & Monthly chart it is still positive. Below is weekly chart. As it is still above 20 SMA view is positive. Risk Traders can go long here as Bank nifty is available at lower end of the range by keeping stop loss ( day low ) below the lower end of the range & today there is a...
Clear Ascending triangle visible. Stock in continuous uptrend. Higher high higher low structure intact. Pattern Preceded by such healthy uptrend increases the probability of breakout and pattern to work out. There 2 strong hammers at the trend line. Indicating a good support on trend line. Set up is invalid below the low of the hammers. SL level 830. Risk...
MARKET ANALYSIS AND PREDICTION FOR 29.07.21 (THURSDAY ) EXPIRY ON 29 JULY ******************************************************* * NIFTY 50 * --------------------- SUPPORT AREAS RESISTANCE AREAS --------------------------- ----------------------------------- 1ST SUPPORT AREA :...
Cadilahc - Ascending Channel Pattern. Chart time frame: 1 Day Trade type: Short term Duration: 1-2 months Entry: 450 Target: 500 Stoploss: 428 Risk:Reward - 1:2
Reliance cmp 1840 :- 1830 is strong support levels.. with stoploss of 1795 on closing basis counter can be bought for targets of 1950-2000-2050 If breaks and close below 1800 can go short with stoploss of 1830 for targets of 1700-1650-1600 levels..
Trendlines and levels are marked. MFSL today formed a breakout pattern to achieve ATH Levels. Trendline was quite significant as it was tested 8 to 9 times in the past. CNXFinance already ATH . Can go long. CAndle is bullish and huge volume spike!