As you can see in the chart, IRCTC has made the between 824-780.
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So stock has already filled the gap and then took a correction now it again in the upward momentum.
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So for tomorrow if stock goes above 825, you can buy this trade for the target of 838.
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What's your view on this comment below in the box.
Namaskar dosto swaagat hain aap sabhi ka mera is analaysis post pain kuch important baat hain jo ki main note down kiya hoon aap ek baar zaroor check kar lijiya aapka zarur help karagii
Importants notes
1. Expiry day ke din doji type ki candle form hoti
2. Dono side move possible hain
3. Kal ki market volatile rha sakti...
Simple consolidation of 7 years
Increased volume activity, after failed range break in March 2020
As stock is back in the range after failed breakdown & increased volume thereafter shows we might see a range break soon.
SL will be wide at 125-130 as monthly charts
Tip: Many times you will see stocks give breakout/breakdown then consolidate a bit forming tight...
After continuous selling pressure from 860 levels, ICICI bank has now lost the momentum on the downside.
It is evident by failure to make a new low on daily basis and increased volume, even today it made a news high with volumes after 6 bars as marked by box.
This shows the supply is being cornered, sellers are failing to make a new low.
The higher high higher...
HINDCOPPER will gain real strength only after it gives weekly closing above 136 levels.
Accumulate only above 136 WCB
Target : 200++
Only for educational purpose.
Tata Power is now testing the Flag & pole pattern and if it manages to breach the triangle , we can enter at 240 levels with 225 as SL for a positional target of almost 150 points.
As currently Bears are pushing the market on downside, its better to enter once we get clear breakout signal at 240.
Kindly share your valuable feedback.
Disclaimer: Please do your...
Buy or Sell based on the Support Break with Volume
Disclaimer:This view is purely for educational purpose and it's my personal.Please consult your financial advisor before attempting any trade.We're not responsible for any loss or profits.
Reliance in Daily TF has formed a master candle and the candles are perfectly consolidating between it..BO on either side with Good volume
might provide a good move .....JUST A PROBABILITY
The cycle of COAL INDIA has changed. A big bull run is waiting for coal india . The price is near the previous resistance , so a huge buying pressure may step in anytime... This is a Dividend yield stock too , so this stock could be a great investment
Buy or Sell based on the Support Break with Volume
Disclaimer:This view is purely for educational purpose and it's my personal.Please consult your financial advisor before attempting any trade.We're not responsible for any loss or profits.
Devyani: Triangle pattern (Time frame- 1Day)
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Chart time frame -1 Day
Trade type -Short term
Duration - 2 months
Entry - 116
Target 1 - 128
Stoploss - 110
Risk : Reward - 1:2
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Disclaimer: All charts are purely for educational and information purpose only. I am not...
Why this Trade..??
1. Trading in a falling Channel
Buy or Sell based on the Support Break with Volume
This Analysis works for sure!!!
Disclaimer:This view is purely for educational purpose and it's my personal.Please consult your financial advisor before attempting any trade.We're not responsible for any loss or profits.
