Resistancebreak
TECH MAHINDRA MAY BREAKOUT OF THE RESISTANCE SOON!!Tech Mahindra , one of the IT giants , may move up soon and break the resistance level. It has retested the resistance or the supply zone multiple times, now when there is a breakout of this zone and if it is supported by big volumes , one may go long . Also, we find a bullish marubozu candle near the supply zone which indicates that buyers are strong , but one should wait for volume confirmation and then take position . The most conservative target would be 1109 level.
Bank of Baroda (17% Profit Potential)?Add "Bank of Baroda" | NSE : BANKBARODA to your watchlist. Good Swing Trading Opportunity if breaks the upper resistance as shown in the image.
Disclaimer: This is for educational purposes only. I am not a SEBI registered advisor. Please consult your advisor before investing.
Happy Trading and Investing :)
DISHTV Ascending Triangle BottomDISHTV is hitting its year long resistance at 16. Looking at the price action of the stock and the heavy volume, the stock seems to be exhibiting signs of a bullish break out. The bullish view is also being supported by the price action in Nifty Media which is also bullish. We are looking at a multi-week target of 42 on the stock, which has also acted as support/resistance multiple times in the past.
TINPLATE CAN GO ALL TIME HIGH ?Daily Time frame Chart
Breakout with high Volume
And Formation of Bullish Zig Ziz Pattern
Can go Near for All time high
I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only. Never invest more then 2 % Capital In Single trade. Trade on your own Risk and analysis
BataIndia - Triangle breakout on cardsPrice getting rejected from the same level for consecutive number of times and now it is in the process of making triangle pattern which will lead to the resistance break and move further up breaking the resistance.
One can wait for the break and get into the trade.
#Banknifty Trade Setup For Monday (26th April)On Tomorrow market can give the gap up opening.
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If market give the gap up opening above 32230 then go for PE till 31700.
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If the market give the gap down Opening below 31700 then go for CE till 31700
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If the market give normal opening Go for CE once it cross 32230.
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