BPCl has been taking the support of the trendline from 16th July onwards and bouncing exactly from the same levels 1- 420 levels has been a great hindrance in BPCL, check the area marked clearly on the chart % high lighted 2 If able to break this level and give closing above that level then the targets will be as below T1 - 425 T2 - 428 T3 - 430 Time Frame...
Support & Resistance Strategy . Current Market Price - 24577. It may touch 24787 which is hourly resistance and retrace between 24553 & 24428 . Next target is 25183. Lets see what happens next and hope for the movement in uptrend. Disclaimer : News may affect the trend.
A rising wedge is forming in SBIN from the last two months. Clear rejection can be seen at the upper and lower trendlines Chaikin money flow also supports the idea Once the stock breaks below the lower trendline, short the stock Target - 171 Stop loss - 215
Axis Bank has formed an ascending triangle pattern with major resistance at 458-460. We can see rejection at the resistance for two times. Once the stock breaks above the resistance, wait for the retest at the support levels to take a position Target - 485-490 Take small but consistent profits to earn gains!
Important level for Maruti - Can have good intraday after breakout
The in depth analysis has been explained in the chart itself. My whole analysis is on the basis of pure price action and no indicators are involved/used. Similar chart analysis can be seen on reliance chart as well on friday. Looks like on Monday reliance may support nifty to move upwards!
Mahindra & Mahindra looks like in Markup (participation) phase Also can see strong resistance line since Nov 2019 Can sell if it resist or buy if it breaks Analysis is only for educatinal purpose
Bandhan bank has been taking support @ 329 many times and it has bounced from their now it is in a symmetrical triangle pattern It has a major block @ 345 , if it breaks then it will ba gem soon If you like my analysis, please do not forget to share, like, comment Thanking you
Go Long if it takes support , Short if breaks the support Analysis is only for educational Purpose
It's about to break the triangle. My view is bullish considering the recent trend. Long Position RISK/Reward is mentioned in the chart.
HINDUNILVR-Trading in parallel channel and looks like took support here Might go upwards on Monday Analysis is only fr educational purpose
PVR has been range-bound from last few days Looking at the Charts it can give break out any side that's what I can see It is running in Symmetrical Triangle from quite some time Either side will be a great move Keep this stock on your radar Do not forget to like or comment on the same Shou
It resisted on Parallel channel Trendine and came back. Could have good intraday Refer my yesterday's idea Take this view only for educational purpose. Trade on your own risk.
Ramco Cement Important Level Analysis is only for educational purpose
Exide go long if sustains above resistance Analysis is only fir educational purpose
Bank nifty trading in a Wedge pattern possible upside move for TGT 22100 on safest side and if Channel breaks downside would be 21100 for Moday trading session. Buy future above 21554 for TGT of 22200.
Heromoco is trying to break below 2530 short below 2530 till target of 2500