Attached: Nifty Pharma Daily Chart as of 26th June 2023
- Today Price has triggered another Breakout closing above the Green Trendline and thus activating a Fresh Up Leg for the Pharma Sector and Stocks alike
- This is the 2nd Breakout Trigger (marked by arrow) and the 1st Breakout Trigger was the activation of the Cup & Handle Pattern for which Price is yet to...
Previous Close: ₹631.05
Buy at: ₹633
1st Target Price: ₹638
2nd Target Price: ₹647
3rd Target Price: 657
Stop-Loss: ₹ 624
Duration: 1 - 2 weeks
Not guaranteed as the stock market is subjected to market risks. These calls are based on my own research and are meant for paper trading. Please do your own research if you are interested in investing or trading in the...
The most recent bounce is not an impulsive move so maybe it is an x wave and that means one more a-b-c down can follow and waves a and b are already done. Next week should see wave c complete into the year-end. but will it make new lows? The Nifty Elliott wave update with weekly charts and wave counts is already online on indiacharts.com, enjoy my Truth about the Markets
Multi-Year Breakout above 5 Year Resistance of 89
Huge Gap in Weekly Charts filled after 5 years and 3rd Breakout Attempt
Short Term Tgt : 103 - 113 - 121
Time Frame : 1- 3 Months
Long Term Tgt : 160
Time Frame : 3 - 12 Months
R:R - 1:5
SL : 76
Golden Cross Over & +ve RSI Divergence
NSE:MCX Swing Trade
Current Price : 1713
This Script perfect support on its trendline
I expect it will bounce back from its support line and try to brake the triangle formation
Target : 1880+
Stop loss : 1678
This is only for education purpose.
Follow for more update.
As you can see in the chart after a strong bullish now stock is in the correction mode,
So for tomorrow, if COFORGE go above 5524, then you can go long on this trade.
If Stock goes below 5404, then we can short this trade.
What's your view on this comment below in the box.
First Source Solution is an IT company and has a decent market cap. The stock has been witnessing a huge volume since June. Just compare the size of red vol candles vs the green vol candles. FII's increased their shareholding in June quarter and promoter pledging is zero.
The debt to equity ratio is low. Also, the result season is around the...
Angel Broking is a stock which has rallied from its IPO like crazy. Insiders activity is suspected in the rally. No signs of the stock correct due to it's firm financials and fundamentals and due to surge in volumes, I think a rally is here. Potential upside is seen. If the stock doesn't reach the target till the line I inserted exit it.
Supports to be made stop...
Following the successful trade in Navin fluorine, I'm going all-in for Alkyl amines.
A beautiful symmetrical triangle is being formed in the chart of Alkyl amines. The script is trading near its support trendline. Watch for upwards breakout.
I'm entering now and will add on dips. Stop-loss 4000.
Targets 4700 and 5200...
For risk-averse traders entry above 4300...
After good rally upside nifty consolidated for two days now and making a pole and flag pattern which is same as of BANK NIFTY both were in a good move and the good rally continue after this structure is broken. Please comment down below what do you think about the next move of these index.