Priceaction
#Nifty50 bullish patternThis is a personal analysis, no trade is recommended.
Nifty50 looks as if it may be forming a bullish head and shoulder for the short term.
If the pattern is formed, the entry should be above the neckline.
Since the pattern is not fully formed, so, the bullish head & shoulders is not confirmed.
The price zones are marked on the chart
entry with small risk is possible now. SL is marked on chart
Asianpaints BullishAsianpaints Closing 2828.8 with stoploss 2770 then targets are 2890-3060-3150.
Buying Reason.
1 --> Price action is ready to break the #range.
2 --> #RSI is 52.38.
3 --> ADX is show the #Bullish move and +DMI is #RISE.
4 --> #Volume is also confirm the #Bullish move come in the some days.
5 --> Also On a #Monthly chart Price take #Support at #Bollinger #Band.
intraday, swing, short term; min 70% returns
midcap stocks are going to boom.
long term investment; min 70% return
huge potential is there.
investment ;
wait for retracement and go for entry,
fundamentally good stock
try to hold for long term
but keep stoploss as we provided
incase of breaking our stoploss then there is a small down trend happens
(more probably it wont break it)
.
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refer my old idea given below in the related ideas
Hindustan Unilever Swing TradeHindustan Unilever is near support zone on daily chart .
Entry
We can go long after close of strong bullish candle near support zone .
Target
The Target will be the next resistance zone as marked on chart.
Stoploss
We can keep stoploss below the support zone .
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HDFCAMC is looking bullish..!!HDFCAMC in 2019 crossed 1800 levels, and its been 4 years, still trading at the same level.
1800 is an excellent weekly, yearly, monthly support.
by keeping SL as 1800, one can take long view in HDFCAMC.
Risk rewards ratio is 10.5, which is extrardinory in equity market.
** I AM NOT SEBI registered advisor please consult financial advisor for your investment.
**This is only for educational purpose you can also share your thoughts on the comments
ITC - All Time High BreakoutSo this chart of itc is in the weekly time frame, as you can see that, it has given a breakout of a trendline with a great volume of buyers.
And after a breakout, there were two green candles consecutive, with this it has broken its all-time high.
After the breakout of all time high, there was an opposite candle and then we got an inside bar so we got two entry triggers and we can see more of a good rally after the breakout of the red candle's high.
So our entry price will be 390 level and our stop loss will be low of the red candle and target you can expect big.
Note - I'm not sebi registered, this is only for educational purposes. Do your own analysis first.
Symmetrical triangle pattern breakout in DIVISLABDIVISLAB
Key highlights: 💡⚡
✅On 1Hr Time Frame Stock Showing Breakout of Symmetrical triangle Pattern .
✅ Strong Bullsih Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 2970+.
✅Can Go short in this stock by placing a stop loss below 2800-.
✅breakout this can give risk:reward upto 1:5+.
Banknifty - 7 day range breakoutSo finally bank nifty has come out from a tight range, and today it has been a sideways market.
So our analysis will be simple, tomorrow will be a trending market.
if it opens below the 41800 level i.e previous day's high(PDH) we will wait for the breakout and our target will be the 42000 level.
On the other hand, if it opens gap up, the first scenario will be it can take support from PDH and the second will continue towards the 42000 level.
Note - I'm not sebi registered, this is only for educational purposes. Do your own analysis first.