Colpal is in very important level in a Daily chart?Yet to break imp resistance, if it break with proper candle with volume. then we can see upside movement in coming days.
After the breakout stock can go 1650 first then it will go to 1674 level. stock has a potential to reach 1800 level.
After the breakout previous resistance should turn as support. then we can take entry in retest by keeping sl below 1570.
1470-1480 Will be the strong demand zone.
Wait for the proper breakout to enter with proper Risk Reward.
This is just a view not recommendation to trade. Do your own analysis before taking any trade.
Share your view in comment section.
NSE:COLPAL
Resistance_level
Falling wedge pattern in PIDILITIND.PIDILITIND has been trading in a falling wedge pattern for the past few days in 1D timeframe. And in today's trading session has been given a resistance and take a reversal entry below 2300-2290. And reversal target up to 1915(Support level) after breakdown this support so his short target below 1380-.
Nifty Analysis for Next week 30-06-2022Nifty Accumulation Phase Identified on June 21 0008hrs
After accumulation in nifty price broke out and sustained above the accumulation range. and gave a retest twice ..
Second confirmation : A Symetrical triangle breakout and sustained above it all day on friday
Now we have a confirmation that price is about to go bullish for the time being .. So whats the target area (Or) a confirmation area where we can say that we hit the bottom and we are about to see bull run?
16000 - 16200 is the area where you can take confirmation as you can see there is a trend line that might act as resistance. If only this area is breached and sustained .. we can say yes we have hit our bottom.
16000 is a psycological level keep an eye on this area. Direction possibilities are givenon the chart
banknifty 1.global sentiment weekly positive
2. war was not end
(Chart shows a breakout )
(small Up Trend )
1.IF Tomorrow gap up 5 min or 15 min candle if break the resistance 33776 .. if we can see the price action for buying side and exit at the target price 34339
2.If Open in flat wait for the trend up side or downside Or it may have side ways then take the trade
3.if gap down cross wait For close the 5 min or 15 min candle the crossed 33389 buy and wait for the target
Weekly high and low should be mark
when 1st time hit resistance and halt for 1 day or 4 to 5 hour may change the trend .. Monday may gap up it may have chance to up side
Possibility my have on up side (up to previous week swing high)
Note . this just prediction. market can happen anything
Banknifty 1.global sentiment negative
2. war was not end
(Chart shows a breakout )
(small Up Trend )
1.IF Tomorrow gap up if break the resistance 33600 .. if we can see the price action for buying side and exit at the target price
2.If Open in flat wait for the trend up side or downside Or it may have side ways then take the trade
3.if gap down cross wait For close the 5 min or 15 min candle the crossed 33135 buy and wait for the target 32931
Left shoulder and head is created
Possibility my have on up side (up to previous week swing high)
Note . this just prediction. market can happen anything
Nifty 50Rules
1. global sentiment negative
2. war was not end
(Chart Shows Bear Flag)
(2 days Consolidation )
1.IF Tomorrow gap up 15 min candle should be green or if touches support .. if we can see the price action for buying side and buy the CE and exit at the target price
2.If Open in flat wait for the range break Up side or downside the take the trade
3.if gap down cross 15183.00 wait For close the 5 min or 15 min candle the crossed 15183 buy the Pe and wait for the target
But as per logic . every time reversal it will take consolidation 60% win rate for up check the previous data
dates 17 march 2022
dates 13 may 2022
Note . this just prediction. market can happen anything
ASIAN PAINTS LTD 15min INTRADAYIn this chart we can see that the price is forming an Ascending Triangle pattern. If it breaks the trendline below, we can go SHORT. But the global market indices are in GREEN today. So there is more probablity of breaking the RESISTANCE above. If it breaks, we can go LONG in INTRADAY.
USDINR could pause it's upward rally !!!!USDINR has reached it's upper range where it has faced
resistance several times as visible on charts.
Avoid fresh longs here and an aggressive could also take a short
position here with very small stop loss.
RSI is also facing resistance near 72 which is again negative sign.
Although, USDINR could make some fall but, that is always good
for the market and because of which we could see some upward rally in markets.
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalGujarat Gas LTD
Stock trading at its strong resistance level & also about to break its 4 month old trendline
Positionally Buy above 570-575 levels, in case of gapup or gap down avoid setup
If price hold on this levels on closing basis, then hold for mid to long term view.
Market may correct more, so beware and do own analysis before taking trade.
----
Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
Please Like & Follow
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalDRREDDY
Stock Trading at resistance level & near its trend line to break.
Good support at Fib level also.
Buy small chunks at CMP and rest above 4515 levels
Keep positional targets of min 5% and trail SL upto 4862 levels.
Keep Mid term views for targets
----
Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
Please Like & Follow
Nifty - Way forward (Bulls Vs Bears)Nifty is forming sort of Doji Candle near Resistance Zone.
It will be important to sustain above 18120 for Bulls to show some strength towards All time high zone of 18600.
Short Trades can be initiated below 17600.
Disclaimer: All charts are for educational purpose. Please consult your financial advisor before investing.
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalBHARAT FORGE
On daily chart,stock given a trendline breakout and sustain above 100/200 DMA
Stock after BO now trading at resistance zone
Buy above 733.5 levels
for positional targets of 750/775 levels in mid term
----
Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
Please Like & Follow