DBL: BIG MOVE AHEADDBL has made a falling wedge type of pattern and with a big consolidation, it gave a breakout today with good volumes today and is now ready for big move ahead
Add some quantity at current market price and on dips
SL 530
Target 5-10% easily
#7DAYSOFTHEWEEK
KEEP LEARNING, KEEP EARNING
Profit
SBIN is definitely looking promising.First of all, SBIN has given constant but below average returns and it has been one of the favourites of the trader, however things are turning in favour of SBIN starting from the good quarter results, accumulating volume to a breakout after a long long wait, where a support of 20 day ema is appreciated. Hence it might prove as a good opportunity .
Tata Metaliks on Profit Side If tomorrow's market(i,e: 18/05/2021) opens above the support line then Buy. It previously created a rising wedge but failed to complete the pattern and now it has created a price channel it may work.
Targets are as shown in the image.
W Bottom BHELNSE:BHEL
The Daily chart in BHEL shows a clear-cut W bottom pattern.
Let's call the first cable which crosses Neckline as Point A, and the first support as Point B.
when the candle finally crosses the neckline after creating W bottom draw a line from point a to point b. and place it above the neckline that shows the target. It's clearly seen that it has given a significant profit of 58%.
Amarajabat long positionBuy amarajabat as specified.
can add positions on dips.
Don't forget to trail your stops.
HATSUN AGRO PRODUCTS. Retrace has happened is it time to buy?HAP was taking resistance around 808 level for 3 months and now the breakout ocurred and there is a retracement. if the stock closes above 850 level than it is better to go long. the target would be 960 and stop loss is 760 or 720 according to your risk.(swing only). HAPPY TRADING
** RED IS A COLOR OF INVESTING OPPORTUNITY **Red is a color which is gladly accepted by Investors to invest. And Intraday Traders born and die in a single day. So don't confuse.
Nifty and Banknifty Outlook is bearish for now.
NIfty and Banknifty Support and Resistance have been shown in the video.
Points to Look Out –
1. Bond Market.
2. Global Market.
3. Rising Covid Cases and Inflation.
Tomorrow there will be a Huge Theta Decline. Be aware of it. Its Expiry day.
4. Trade keeping in mind the Price action With Levels.
My Trading Approach : On tomorrow 8 am please stay connected with me.
Jai Hind.
Disclaimer:
This video is only for educational purposes. Please consult your financial advisor before you take any trades. I am not a SEBI Registered Analyst.
Alembic Pharmaceuticals ready for a launch✅buy and hold✅
buy @930-38 range
add @ 900
trgt 985-1030-1100+🎯🎯
(period 1-3 months)
why this fall happened ?
there are two major 2 reasons for this fall
first one
🔸profit booking in pharma sector
second one
🔸negative q3 result published.and it's advanced so its fell.
reasons for this buy
🔹anytime we can expect a ride in the stock
🔹chart looks promising
🔹forming ascending triangle
if u are interested in my charts
please 🙏
like🍁comment🍁support
Banknifty Trading Ideas for 19th March - FridayThe key levels to watch out are mentioned in the video. Trade as per the levels mentioned after finding a suitable candle patterns at support and resistance levels.
For the accurate levels, Follow me on trading view and Insert this indicator from library or from my profile under Scripts.
Happy trading.