Hind petro has been bleeding since months. In previous day session it closed at 171 which is its a good support. If you zoom out its chart on weekly time frame you will find this zone is very crucial for Hind petro (171-164). So, swing short should be avoided and anybody having postiion on short side they must book their profit. If a bounce came from here and...
DMART | 16% Pull back swing opportunity + W pattern CMP : 2110 (can buy upto 2080) SL : 2020 Target : 2460 Excellent 1:4 risk reward
Retacement after the strong breakout. Now we can see a Pullback from Demand zone if see any bullish candle pattern on demand zone
Pel broke down its support and has formed bullish engulfing while retesting. This can be a good shorting opportunity for pullback traders
Trend on Higher Timeframe (Weekly chart) - Green / Uptrend Trend on Current Timeframe ( Daily chart ) - Green / Uptrend It is common for shorter duration multiple moving averages to compress and expand repeatedly during an Uptrend. The compression of such shorter duration multiple moving averages can be used to identify a pullback. The blue cloud in the chart is...
After an All-time high breakout stock retraced to the near demand-supply zone. Now we can see a pullback from here.
Note Higher high higher low formation, breakout with good volume, retracement after the breakout, Now Pull back process started from here. (Stock: BPCL)
There has been a breakout in COALINDIA with strong volume. Wonderful opportunity to enter as a swing trade.
Ultratech gave good breakout and is currently in pullback mode. Can be bought on dips with Target 4350 SL 3724
There are two main buy signals: 1. 100 HEMA pullback 2. 50% Fib Retracement Should be a good long trade above 2026 for targets of 2040, 2065, 2080, 2100 with SL at 1998 Alternatively, if NIFTY continues to be bearish will look to Scalp below 1990 for 1950 & subsequently 1925 (200 HEMA) with a 10 point trailing SL.
Previous support turned resistance. Bayercrop correcting on low volumes rebounded, giving a good entry point.
watch above sustaining 408 can show 416 with 1% SL as a support.
The stock is in a confirmed uptrend. The breakout on 16th July was on good volumes. Pullback on low volumes provides opportunity for low-risk entry.
Its time for correction in Gold, can see heavy fall in coming days as Global sentiments are positive.
Hindustan Unilever The blue EMA cloud has squeezed and has given us blue dot at the bottom of the chart. The current trend of the stock is clearly Uptrend, as represented by the green trend bar on the top. In fact it is green since April 2017. The stock has made a narrow range here. It has been trading between Rs. 2050 to Rs. 2150 since last couple of weeks. i.e...