#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalADANI ENTERPRISES
Trading in Uptrend range
On daily chart stock broke its major resistance level & moved almost 3.5% in one day.
Chance is there that price may correct by 1-2% before continuing further uptrend
Can be safe bet if corrected to levels of 1770-60 or can be buy above 1825-1830 small qty
For Swing targets of 1830-1870, can be hold positionally upto 1950 levels also.
keep SL of 1720
----
Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
Rangetrading
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalPOLYCAB INDIA
Stock trading in a range from almost last 7 months
Swing Buy Above 2470 for targets of 2500-2550 levels keep SL of 2425 on DCB.
Can also hold positionally
Intraday players can target for 1-2% with SL from 5min chart
----
Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
Balajitele - Range Bound - Range BreakoutNSE:BALAJITELE
BalajiTele
View : Bullish Shortterm - Medium Term - Long term
Structure : Range Bround
Range Breakout: Traders can enter in the direction of a breakout from a trading range.
To confirm the move is valid, Traders can use other indicators as per thier own wish.
Observation:
1. Range Breakout @ 75.00
2. Double / Multiple Bottom
3. Multiple support between 57 -58 indicates Balajitele can break the Upper range.
4. Range broken at 75.00 CMP 77.00 (7th February 12.40)
View:
Buy between 75 - 78
Stop Loss: 69.75 for long term
Target 83 - 89 - 92 - 96 - 95 - 100 + + + +
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
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+++
Nifty Range Breakout/Breakdown Expected.Nifty is stuck in a range since 18 March 20.
On 8th March tried to break the range on upside but the attempt was rejected.
Within next 2 sessions Nifty touched the lower end.
Lower end is also the lower range of the gap that was created during the budget move
After 12th March Nifty took support on lower end. of the range. If you observe it took 3 sessions to absorb the selling on 12th March .
Nifty made a Lower High as marked on chart. Yesterday there was a good gap up opening, but it didn't sustained and Nifty reached the lower end of the range.
This makes my view slightly on bearish side, but will wait for the Range Breakout/Breakdown.
When there is range breakout usually big moves occur.
Check Attached links for references
If Nifty Breaks down there is no immediate support in between till the indecision zone marked.
Bank Nifty has already reached the same indecision zone. Check the Chart Below
Nifty: Bouncing From Support--Stocks IdeasThe charts posted below are for educational purpose only.
If Nifty does not perform, these stock may also not perform. If Nifty performs, some of them may outperform. 14350 should be a panic stop for Nifty with 15300, the upper end of range, as target.
Always take calculated risk on any trade.
Regards
Buy On Dip StockAnalysis :-
1. Stock is trading in old range from 2013.
2. Buy on dip on trendline provided or if further brokedown than enter on 200 moving average provided.
3. Stock is trading in range so better book profit immediately on its most recent resistance seen. There is 100 of other stocks to look for opportunity. Never be emotionally invested and stuck in a stock
4. Diploy not more than 3% to 5% capital.
Angle Broking trading in range good for 13%Trading in range
Taken a support at 320
Good for 375
SL - 315 on closing basis
R:R - 1:2.5
Double Confirmation Trade on Nifty50There were 2 strong indications to go short on Nifty:
1. M pattern (Double top) forming around 15,230.
2. TrendLine break and last kiss was also seen.
The target logically was the last region of consolidation where I expected Nifty to find support, which was around 15,100.
The market has been range bound since the post budget rally and is finding it difficult to break significant levels to move higher. This means that trading the boundaries is more logical and will yield more profits.
The market bounced back very sharply from 15,000 and moved to the other extreme of 15,200.
HDFC bank | Trendline Breakdown 🎯⭕ Swing Trading opportunity ! 4hr Chart Alert !!!⭕
--short below =1429 or CMP
--Target = 1397 | 1358
--Stop-loss = 1465
--R:R =1.49
--Expected Profit = (5% )
--Expected Holding = 15 days only
#ThankU For Checking Out Our Content , We Hope U Liked IT 📌
======================================================
⭕Technical Reasons to trade or Strategy applied :- ⭕
1) hdfc bank has given the breakdown of trendline & support & 50ems as well
2) doji candlestick pattern & big bearish candle running
3) volumes is also decent
4) rsi divergence strategy applied
Guys check out the related ideas as well, it will work really well GUARANTEED !
🙏FOLLOW for more !
👍LIKE if think is useful !
✍COMMENT Below your view !