Ashok Leyland - RANGECurrently in accumulation / distribution
bullish above 143.50 only
bearish below 135.50 only
Sl both sides 140.00
Will wait for break and pullback
Range
NIFTY for upcoming week (23 May,22 to 27 May,22)We all saw highly volatile previous week with massive gaps on either sides. Nifty formed a range with defined boundaries at 16400-15735. A close above 16400 can bring more upside for short term. Though a breakout fail at 16400 can bring in another rally on the downside as well that is towards 15735. Following a breakout above 16400 can accelerate the markets to close the gap until 16682. Again with volatility on rise, keep your position size in check at all times and trade carefully.
I prefer to have a view of bullish only on Breakout above 16400. Or else it will stay bearish to sideways.
Happy Trading :)
Disc: Chart posted only for learning purpose.
Tough Time Tata MotorsRange break down - Price moving up making a wedge patter - Shorting opp from the top of the channel. Long term support marked in the chart. Expecting below 400 in end of March
GBPJPY HOURLY RANGE BOUNDGBP JPY is in consolidation in hourly time frame. Wait for break and retest
Polycab India Ltd view:Polycab Weekly consolidation.
Looking good for long above 2770 level.
For swing.
Breakout in BELBreakout in BEL in Daily timeframe after a long consolidation.
Entry - 234.35
Target - 280 & 325
DISCLAIMER: The ideas shared are only for educational purpose. I am not SEBI registered.
#StockMarket #StockIdea #Stocktrading #SupportbreakoutBiocon
Stock at weekly Support level
Supported at 320 levels earlier also
So this is trading bet on either side wherever breakout occurs
Buy if 340 levels broke or Sell if 320 levels broke.
Keep 2-5% target on each side.
Note:
In case of gap up or gap down avoid setup
Above levels are for education purposes only
Do your own analysis before taking any trade
MCX copper range contraction within the triangleMCX copper within the triangle and now range is slowly contracting between 790---826
keep eye on breaking of triangle on either side will give clear trend ahead... till than play support and resistance.. 790 & 826
790 is important support level to watch ... as breaking below this level will bring weakness towards 760--750
whereas breaking out of the triangle will give move towards 850---870
views are educational
plan your trades accordingly..
As a trader one should alaways try to take quality trades ... which will bring patience in to you..
profit or loss is the byproduct of your skill..
short term buy ideaHourly chart analysis
short term buy idea for infy
watch for triangle breakout
buy above trend line
Critical view on Nifty !!!!Nifty will gap down around 16250-16300 taking clues from SGX nifty, and I think
it could take support at previous range shown on chart.
I would suggest to wait till it breaks the range on any side to go long or short.
Also there is strong support of RSI @28.
banknifty 22 feb support and resitance levlesbanknifty 22 FEB support AND resitance levles
15minutes timeframe
BALRAMCHIN | Range breakout after 8 months - Looks potential 20%BALRAMCHIN | Range breakout after 8 months - Looks potential 20%
CMP : 404 (Dip : 390)
SL : 370
Target : 450 or Open
1:3 risk reward setup
bharat road network ltdshare name : bharat road network ltd
call type : poistional
- share is forming a range after a good a fall
- a good consolidation can be seen for the level
of 40.40 and 26.45
- we can accumulate this share above 40.40
after a good candle closing with sl of 35
- approchable targets 53, 80 ++
GMM Pfaudler Ready for BreakoutGMM Pfaudler Ready for Breakout
Levels are explained in charts with Entry, Target & Stop Loss.
Disclaimer: This study is for educational purpose only & is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Newgen Range Breakout Works very Well.Newgen
Range Breakout Works very Well.
On Positive Breakout We can see Good Move Up to Resistance
after Resistance Breakout we can see more up move
Always Usestoploss
Clear chennel pattern in Bandhan bankBandhan bank making lower lows and lower highs (swings)
getting support on lower level and also resisting higher side
forming regression chennel pattern on daily chart
recently it touched down side trend line and made bullish candle stick pattern
agene it can be consider for buy side from here
DLINKINDIA Range Breakout DLinkindia comes out from consolidation zone and broke important rage above support
It retested level again and going up with volume indicates strong rally in near future.
#HDFCLIFE buy @bottom of swing range 655-700#HDFCLIFE has been broadly in a channel 655- 720
a 10% move every 2-3 within this channel has happened since last 12 mnths
Insiders i.e. #exide got a 4% stake at 485 few months bk.
Buy / accumulate at current levels for tgt 700 + in 2-3 months
Vakrangee Ltdshare name : Vakrangee ltd
call type : Positional (1-2 years)
- high of 70 is acting as a huge resistance
- Range formation can be seen
- Consolidation phase around 1200 days/03yrs
- Share can change the trend from here if high
of 70 can be taken out in upcoming years
if price comes around 25,
we can initate a buying at price - 25 rs with sl of sl 15
approchable target 70, 120, 200+++
JUSTDIAL narrow range breakout.JUSTDIAL is stuck in a very narrow range, between 983 and 945. Generally when price moves out of the range, on which ever side it does, it travels further in that direction for about the width of the range. One can go long or short keeping the following levels in mind:
LONG ABOVE: 983
STOP LOSS: 945
TARGET: 1021
SHORT BELOW: 945
STOP LOSS: 983
TARGET: 907
_______________________________________________________________________________________________________________________________________________________
Manage your risk and trade your plan. :)
Hathway stock ready to quick gain analysis
1. Today we'll discuss another stock which is HATHWAY CABLE & DATACOM LTD
2. Today Date is 16-09-2021
3. Currently stock is trading at 24.50 which is shown in candle chart.
4. There is quick Technical Target 27.90 which is shown in image above, which is approximately 13.30% gain. Because stock is now trading in perfect range as per my analysis.
5. How much time it takes to reach target, according to my analysis, it takes maximum 1 months or we can say very soon.
6. HATHWAY CABLE & DATACOM LTD NSE Code is HATHWAY
7. FII and DII has increased there holding. Coming quarterly result is except to be in profit..
8 FII means A foreign Institutional Investor, we call in short fII which refers to outside entities investing in the Indian stock market.
9. DII means Domestic Institutional Investors are those institutional investors which undertake investment in securities and other financial assets of the country they are based in.
IMPORTANT RULES
10. Only invest 3 % of your capital in one stock, Please don't ignore this rule because we are investing our hard-earn money here so risk management is best part of trading.
11. We never sell stock in loss.
12. We are investing in equity share.
13. Patience is the key in equity, sometime great company went down that is the opportunity to buy these companies because we know they will come back very quickly.
IMPORTANT LEARNING
14. Every person who is trading in Indian share market, definitely need to read company balance sheet before trading and also look technical chart.
16. From my experience screener.in is best website for reading company financial data/balance sheet and for technical chart in.tradingview.com is best website.
17. My experience/learning is saying that if we have proper plan in share market we can easily earn money in equity.
18. Don't forget to bookmark this blog page. Because a lot of stock analysis are coming here with genuine guidance.
Disclaimer:- I'll post here stocks analysis for educational purpose where you can learn. This blog is totally educational purpose, not a recommendation of stocks buy or sell.
