Techmahindra is break a Flag pattern and move up day by day it's time take Swing trade I was mentioned buy level and target also
..... I was posted this analysis for thos who stucked this fucked Market ...
Please hit like if you like my analysis so I was posted this type of analysis in future and some motivation for me
BankNifty may likely to give breakouts in either way.
If Red upward trend line breach, then you may witness a downside.
In case the green resistance levels break, where multiple resistance is there, then Banknifty may rally.
LT is back in its value area after a downward dip breaking the trend line. Please See linked ideas for details.
Key levels are marked on chart for the upward movement and positional trades.
The stock saw short covering when it touched 900 leading to an immediate rebound.
The OI Status as on Friday is over 20 Lakh open interests for 950 (5Lakh) to 1000 levels...
There is lot of twists herein:
By the looking left to right , while breaking out the price Congestion we have seen Invalid breakout in price. That why price suddenly fall.
Bullish forget of 3 candles was completely perfec t but, again we have seen valid heavy volume candle ...! Something is cooking in this stock.
Let look more closer to the 4hrs...
Tails are important for this stock to trade.
Suppose to trade tomorrow 285 above, then buy and hold ( Friday )
Tatasteel TimeCycle and Parallel downward channel.
The price is trading at value low which is better to...
Pre-Open Stock Chart-2 #INDUSINDBK
Yesterday after giving Down-Trend, it has been settled in the zone 1326-1335 in last couple of hours. Multiple times it tried to break the range but fails every time.
If it is able to sustain below CZ Zone, it can easily go till 1320-1310 zone.
Buy Setup can be only initiated after break of trendline and CZ
I analysed this stock on wave counts based on a request from my friend. As per my wave counts this stock seems to be bottomed out at 83. Apart from wave counts, nice price action candles makes this stock a good investment candidate. A nice bullish DOJI followed by two bullish candles, all with high volumes in the weekly chart along with rsi divergence should...
Axis bank is consolidating around 730-734 price levels. Long can be taken around 730 with a stop loss at 695, for the target of 800.
Disclaimer- This is my personal view, please consult your financial advisor before investing.