ACC Fut broke past previous weeks high & pulled back to 2460 levels which makes it a decent buy at these levels. Risk:Reward very much in favour of bulls. Could be bought with mentioned stoploss & targets. Not to b missed for next 3 days of march expiry.
SAIL is at 14 years resistance level. Volumes, RSI on monthly and weekly charts look very promising. A possible breakout on the cards! Overall, metal sector looks well set for a rally in the next 1-2 years which makes SAIL a safe bet. Keep a close watch and go LONG if it breaks out!
The FASP for Nifty is listed for 01-03-2024. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels...
The stock is giving fresh breakout on daily chart. The last resistance it made was of 592 level on 15 Sept 2023. Now the stock is crossing this levels with good volume accumulations after a consolidation of 4 months. A fresh rally may come after this breakout. Keep this stock in your radar.
Stock Name: Bank of Maharashtra Symbol: MAHABANK (NSE) Chart Pattern: Breakout of Resistance Zone Trade Duration: Swing Trade (3 months) Volume: Heavy volumes, indicating strong market interest. Trade Strategy: Buy on Current Market Price (CMP) at ₹53. Stop Loss: ₹46.50 for risk management. Targets: ₹66.60 for potential profit.
Price is Out of regression channel & breakout is upward, that shows the strength of the trend But the now price has reached juncture where it could face a resistance
buy based on resistance breakout theory looking for target 431-436 range stop as per comfort dislcaimer = trade @ own risk
keeping trades simple - based on trendline + resistance breakout and with strong market support buy entry in cipla for target range 1214-1218-122 stop as per comfort disclaimer - trade @ ON RISK
Today's Important Zones For Banknifty. One can plan a trade at that zone on selling after rejection of resistance zone or breakout of resistance zone. For buying it need to bounce at support zone or breakdown of support zone with decent volume support. Note: Only for educational purposes. Not any recommendations for trading.
NSE:LATENTVIEW is near its Resistance line again. Any positions should be taken only after closing above the resistance.
Birla Cable is showing strength with closing above important hurdle 162. NOW 176 was Panic Sell Level which act as resistance, but If it will break and close above it for at least 3 days then it will become support for Birla Cable, And It may test 250 plus levels as per current triangle pattern target. We will watch for Risk management 145 Level as Stop Loss. SO,...
gold at near resistance level look at levels getting resistance at level of 2076, may gold condition is strong
Power Grid Corp has broken out of its ATH on beautiful volume at an increasing rate with two big green candles and has now pulled back on decreasing volume which shows that there is less selling and more buying in the stock. This is an opportunity to buy into the trend as the stock is in a clear uptrend and looks bullish. This is a riskier trade and hence I would...
daily candle close above 368 makes way open for more upside theory based on trendline + resistance breakout disclaimer - trade @ own risk
stock give resistance level breakout also support with down trend line you can see a kind of triangle formation on daily chart in stock looking good for swing trade here also book value is 152 and stock running at 41 now it also expected to give good quarter result
NSE:RELIANCE WATCH #RELIANCEbelow break of level 2535 , if breaks and retests the 2535 level as resistance, then we may see reliance follow the path for downtrend.
NSE:HBLPOWER is at its strong resistance line for the 5th time. It is making a Symmetrical Triangle as well. Will it break the resistance this time
#sunpharma astro level 1019.. coming back near supply zone of 1019-1030.. bulls need to be cautious here.. note : above info is for educational purpose