In today's trading session, ONGC has break the support of 200 moving average in this stock and it is now likely to go down to 130 in daily timeframe.
2200 ZONE - A strong support turned into resistance. Anticipating further fall below 2030.
The analysis is done on weekly TF hence price may take few weeks to few 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...
gold in channel pattern in smaller frame shows pullback levels ........
The Channel pattern seen in today's trading session has given a breakout in BRITANNIA and is likely to go up side 3715+.
Focus Axis Bank makkale. Long term accumulate panaravanga take a view and also focus for swing and short term with strict stoploss. Still NIFTY is in SELL ON RISE trend,so manage the risk. Thank you for following.
NSE:NIFTY Nifty analysis important levels are marked on the chart. please always trade with stop loss to avoid big drawdown. happy trading & keep learning.
NSE:APOLLOTYRE Apollo tyres swing trade entry close above 206 happy trading and keep learning !
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 with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Today will be slightly gap down opening in banknifty . After opening if it is sustain above 34000 level then expected upside movement upto 34950 level. Further upside rally only possible above 34950 level. 34000 will act as an immediate resistance for today's session. Strong downside of 400-500 points possible if banknifty starts trading below 33550 level.
Although the double bottom pattern seen in today's trading session has a breakout in MFSL, it is likely to go up to 773.
RIIL _ SWING TRADE SL 985 CB TGT 1155 Good RR Ratio trade
This stock has formed Falling Wedge pattern with good intensity of volume . One can go Long when 346.80 level is broken and start accumulating quantities in systematic way. After it breaks the channel and retest the channel, invest your entire capital per stock that you have allotted as per your total capital.
Makkale focus mindtree for swing. Expecting good ROI around more than 12%
Vanakkam Makkale. Manappuram finance at dip,long term focus panravanga ippo enter aga try pannalam and just first 30% only. Thank you for following!!!
Notes are in the chart. Any feedback/input is appreciated :)
TATA ELXSI: Late update as I was busy with work. Have draw trendline on the chart for your reference Resistances are in Red and Support in Green. Try trading within these zones. Buy between 5870 to 5890. Please trade with SL. Trail stop. Remember position sizing. Always respect Risk. I don't generally have targets aI keep pyramiding the position on the way up and...
Vanakkam Makkale. Amrutanjan bounced back from support of the trendline so expecting good upside from the scrip. But as i always say whatever we do must follow risk rewrad and money management. I personally lokoking to enter at lower levels according to market condition because dont forget that market is in bear territory. Have a profitable trade. Comments your...