Nalco took support for the fourth time on the trendline, & approaching the resistance for the 3rd time. Stock has is spending time at supports. Hence chances of entry after a proper breakout and Retest is unlikely. Current entry before breakout is available at Low risk point. Keep SL 107 Cup & Handle pattern is taking shape Stock is also approaching its life...
#INDUSINDBANK #PA CHANGED #Buy 1010-1018 #Target 1240+ #Stoploss 966 #ShortTerm (upto 3-4 months) Price Action Changed and we can also say that INDUSINDBANK also overcome from his long 4-5 months Resistance level.
Auropharma trading in falling channel. Inside bars just below upper line of channel On daily holding 20 SMA Contracting on daily time frames SL at 645 Targets 770/820
The analysis is done on Monthly TF hence price may take few weeks to several months in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock...
The stock is taking resistance with increasing volume near the breakout level. So watch out for closing above the level for confirmation.
TATASTEEL was make shooting star candle in day tf, and in 15min tf double top pattern create...
nifty 30 mins elliott wave count update #nifty have been making corrective waves inside a range from last 2 weeks.
Bank Nifty making Bearish Head & Shoulder A head and shoulders pattern is a chart formation that appears as a baseline with three peaks, where the outside two are close in height and the middle is highest. In technical analysis, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal.
TVS motors: breakout of 2 months old resistance with price taking support from 20 and 50 DEMA.
Divis lab: perfectly consolidating from last one and half month within range of4390 4560. A breakout above can help sustain a longer move.
Dabur: Breakout near a 20 day consolidation range of 548 -562, and 2 month long resistance near 564-572. Pure price action trading, wait for breakout.
Infosys is facing heavy selling laely, and is approaching good accumulation level. The idea is to target a minimum of 10 percent in the given trade setup. Divide the entry into two legs. The first entry should have half the units you plan to buy at entry 2. Levels posted on chart
Nifty is currently taking support at the neutral zone and it will continue to flag bullish signals if it does not breach the low of 16822. Till then neutral zone will act as support zone and will keep holding nifty. Once breached the Nifty will enter the bearish territory and the neutral zone will convert into resistance zone and sell on rise will start coming...
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock markets...
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock markets...
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock markets...
nifty range for next few days.. Possibly will spend time in previous week doji
Reliance made all time high breakout on 21 Apr gaining over 60 points during the day. RIL helped a lot to lift nifty on the day. on April 22 though RIL opened with a small gap down giving indication that this is the breakout level retest. This gave concern, as all time breakout should not have a intraday retest. Retest should have happened after 2-3 days after...