Zones for entry are marked on the chart. The predicted buy & sell zones plotted are an approximation and for accurate levels use the indicator (tradershedge) which updates the levels on real time and also triggers an alert. You can make entry decision once you get a confirmation at the respective marked zones and opt for the next successive zones as expected...
Buy on cmp or minor dip for target of 285 with sl of 273
Looking good for a climb up the stairs?
Trade Setup: PNB took a support at 89SMA and reversed its downmove with high volume Buy Zone: 34.5 - 35.0 Target=As per Chart NSE:PNB Imp: 1. Trading requires more than technical analysis . e.g. Risk Management, trade management, psychology etc. 2. Always follow stop loss. 3. Once a trade is in your direction (say) 3%, never let it go in a loss. 4. Simply...
Major Breakout go long Between 38 to 40
punjab national is a long candidate with 26 sl for higher side trail targets with rr in favour with dual bottom and rsi +ve divergence
KOTAK BANK:- 1450, strong buy on dip opportunity at 1240/60₹ levels as per chart tgt 1600++ sl 1170₹ DCB. #Disclaimer:-I just shared view for only educational purpose.
Reason- -EMA 20 support -In Daily demand zone -Sector support
SBIN after a long consolidation have given a breakout of the major resistance of 195-200 zone and at the same time given a breakout of symetrical triangle pattern and now retesting it. A long trade can be initiated here with sl of previous swing low for target1 and target2.
Reason- Price entered in strong buying zone supported by golden crossover
RBL Bank is been trading in a range and formed a Inverted HNS pattern on 1hr TF.. and the neckline brokeout on 7aug. now the scrip its retesting its neckline.. a long trade can be initiated here with stoploss of previous swing low for target of recent swing highs and even more...
Nifty - Technical Analysis: Nifty opened with a gap down and ended the day just above its low, forming a near perfect marubozu, which is an extremely bearish signal. On the bright side, Nifty managed to hold its 10900 lower trend line support. The index formed a near perfect wedge on 15m charts. Market - Driving Factors: PSU bank and Metal indices...
The trend appears to be bullish because the price is making higher highs and higher lows. Buy at CMP, Sl at 118.15 and Target at 153.95.
It looks like trading at very important level also called wait and watch zone , if it rosses 35 and give close above that level it may considered as breakout otherwise trend looks very negative.
The stock has given breakout from its resistance zone of 216.55. Buy for a target of 236, 285. Stop loss: 207
Bank Of India (BANKINDIA) weekly chart study - Triangle bottom Trade in the direction of breakout. Expecting a breakout on bullish side based on RSI divergence (minor evidence). Still its advisable to wait for the breakout before buying.