Hello traders,
As market crashed, many stocks have given good downfall from ATH (All time high).
We should look at it as an advantage to accumulate fundamentally good stocks for long term.
Chemical and fertiliser stocks have also given a good retracement with the market.
TATACHEM, one of the good fundamentally strong chemical company has corrected 27% from All...
SBICARD
Key highlights: 💡⚡
✅On 1h Time Frame Stock Showing Breakout of Descending broadening wedge Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of above 825+.
✅Can Go Long in this stock by placing a stop loss below 792-.
✅ breakout this can give risk:reward upto 1:8+
Today will be slightly gap up opening in BANKNIFTY. After opening if banknifty sustain above 42550 this level then possible upside rally of 400-500 points upto 42950 Level. And this rally can extend for another 400 points if it gives breakout of 43050 level. Any downside only expected in case banknifty starts trading below 42450 level.
SRF
Key highlights: 💡⚡
✅On 1D Time Frame Stock Showing Reversal of Falling wedge Pattern .
✅ It can give movement upto the Reversal target of above 2400+.
✅There have chances of Breakout of resistance level too.
✅ After Breakout of resistance level this stock can gives strong upside rally upto above 2930+ .
TRENT
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✅On 1D Time Frame Stock Showing Reversal of Rising wedge Pattern.
✅ It can give movement upto the Reversal target of above 1635+.
✅ Can Go Short in this stock by placing stop loss Above 1270 or last swing high.
BHARATFORG
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📊On 1W Time Frame Stock Showing Reversal of Rising wedge Pattern.
📊 It can give movement upto the Reversal target of above 705-.
DALBHARAT
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✅On 1h Time Frame Stock Showing Breakdown of Pennant Pattern .
✅ Strong bearish Candlestick Form on this timeframe.
✅It can give movement up to the Breakdown target of below 1705-.
✅Can Go Long in this stock by placing a stop loss above 1850+.
✅ breakdown this can give risk:reward upto 1:6+
Today will be a gap down opening in BANKNIFTY. Expected opening below 42450 Level. After opening possible further downside of 400-500 points from 42450 level upto 42050 level. And this can extend for another 400 points if it gives breakdown of 41950 level. Any Bullish rally is only expected in case banknifty starts trading and sustains above 42550 level.
MGL
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📊On 1h Time Frame Stock Showing Breakdown of channel Pattern .
📊 Strong bearish Candlestick Form on this timeframe.
📊It can give movement up to the Breakdown target of below 805-.
📊Can Go Long in this stock by placing a stop loss above 872+.
📊 breakdown this can give risk:reward upto 1:7+
IGL
Key highlights: 💡⚡
📈On 1D Time Frame Stock Showing Breakdown of Rising wedge Pattern .
📈 Strong bearish Candlestick Form on this timeframe.
📈It can give movement up to the Breakdown target of below 378-.
📈Can Go Long in this stock by placing a stop loss above 445+.
📈 breakdown this can give risk:reward upto 1:4+
SUNPHARMA
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📌On 1D Time Frame Stock Showing Reversal of Bullish flag Pattern .
📌 It can give movement upto the Reversal target of above 1045+.
📌There have chances of Breakout of resistance level too.
📌 After Breakout of resistance level this stock can gives strong upside rally upto above 1215+ .
METROPOLIS
Key highlights: 💡⚡
📈On 1W Time Frame Stock Showing Reversal of Falling wedge Pattern .
📈 It can give movement upto the Reversal target of above 1610+.
📈There have chances of breakout of Resistance level too.
📈 After breakout of Resistance level this stock can gives strong upside rally upto above 2700+.
MPHASIS
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📊On 1D Time Frame Stock Showing Reversal of Double bottom Pattern.
📊 It can give movement upto the Reversal target of above 2170+.
1. Kalyan Jewellers is trying to breakout its three month long resistance.
2.There is good volume built up but my only concern is todays wick. Although wick isn't bigger than body but in my experience wick at breakout level show sort of strong resistance.
3. The chart is very good for beginners who are interested in technical analysis it shows market phases an...
RHIM:- The stock has formed an ascending triangle pattern, with good volume. keep on radar
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all...
COFORGE
Key highlights: 💡⚡
📈On 1D Time Frame Stock Showing Reversal of Pennant Pattern .
📈 It can give movement upto the Reversal target of above 3800-.
📈There have chances of breakdown of Support level too.
📈 After breakdown of Support level this stock can gives strong Downside rally upto below 3335-.
![BANKNIFTY: [INTRADAY] #BANKNIFTY PE & CE Levels (27/12/2022)](https://s3.tradingview.com/s/S2yj7xfw_mid.png "[INTRADAY] #BANKNIFTY PE & CE Levels (27/12/2022)")
![BANKNIFTY: [INTRADAY] #BANKNIFTY PE & CE Levels (23/12/2022)](https://s3.tradingview.com/n/nlYnk6SU_mid.png "[INTRADAY] #BANKNIFTY PE & CE Levels (23/12/2022)")
