BANKNIFTY closing 40307.1 is bullish with stoploss 39740 then targets are 41712. Reason. 1 --> Create a Outside Pattern on Daily Timeframe. 2 --> RSI is also show the Reversal. 3 --> -DMI is Going downside and +DMI is rise in ADX. 4 --> Closing Above 200 EMA.
NIFTY (1H time frame)| 200 EMA + RSI support + Trendline support
EICHERMOT | Trendline + 200 EMA - High probable setup for trend reversal
#Nifty analysis.. nifty are follow price action and tomorrow nifty need to touch 18011 zone then we should wait for pull back then we can go for CALL(CE) First target 18080,18131,18234.. if the market break 18000 zone then we can go for PE(PUT) FIrst target 17957,17922,17891...
Going Long on $FET after the coin had a 38% pullback right on support line and then continued on trend direction. Entry, TP and SL are marked. Orders also filled.
Usually 200 ema plays as a strong Support or resistance level, considering where it is positioned from current price levels. If further downside has to be seen on charts, prices may take a pause or a bounce back from 200 ema on Daily.
NSE:PNBHOUSING This counter has given a pullback after a breakout from an ascending triangle / vcp pattern. Pullback was on low volumes, and now it has bounced so far from the breakout level. A long trade looks good here with an SL below the breakout candle low and a target of 545 as per the price pattern giving a R:R of 1:1.6. Keep track!
NSE:PSPPROJECT This counter has given a pullback after a good volume backed breakout from a consolidation. It reversed from monthly R1 pivot and is now re-testing the breakout level. Any long trade here would be ideal after a green candle close at this level. Targets can amount to R1 again (the previous high), which gives a R:R of 1:1, or a further target of...
It can may touch the 500-520 range then we can see a pullback around 450 odd level (that will be my POI to take a long entry). And we can head higher from there. For swing or quick scalp trades we can look for the long entry till 520 level.
NIITLTD | Channel breakout - Looks potential for 45% short term Its a strong stock for long term also for doubling CMP : 345 (Dip : 330) SL : 300 Target : 490, 650
very low risk reward setup for long RSI oversold zone getting absorb JSW energy getting support at 200dema and also box support from long time just keep sl below box or as per your risk management it can go till ATH
TFCILTD | Yet another breakout with doubling opportunity CMP : 81 SL : 68 Target : 170
KOKUYOCMLN | Excellent breakout with doubling opportunity CMP : 83 (Dip : 75) SL : 65 Target : 150
EQUITASBNK | Good trendline breakout with volume - Looks good for 30% CMP : 53 (Dip : 50) SL : 48 Target : 70 1:4+ risk reward setup
If we talk about Dawat Limited, the market is seen in an up trend and there is a good movement on the upward side as buyers come into it. A channel provides support and resistance and creates higher highs and higher lows. A dark cloud cover pattern is seen and then the market moves to the downside. A level of 108 represents strong support and a level of 134 ...
As per the 4h chart the bullish candle in devloped at the support levels. The RS indicating positive. The RSI also indicating good strenght. The Break out in smaller time frame. The price at Moving avrage Support
FINPIPE | Trendline breakout and retest - Looks good for 30-50% CMP : 150 SL : 140 Target : 195, 235 1:4+ risk reward setup
NAUKRI | INHS + Trendline + 200 EMA Support - All the stars are aligned properly - Looks good for a reversal for 75% CMP : 4055 (Dip : 3800) SL : 3500 Target : 7000 Trading + Investment opportunity