HEG can be a potent multibagger stock if 2000 is crossed with a monthly closing. Stock is looking strong to give breakout of horizontal resistance. Stock has good dividend yield and decent fundamentals. Risky investors can consider for 2x returns.
Alert! Bearish Pattern Spotted! 🐻 📊 Pattern: Broadening Triangle Pattern 📌 Symbol/Asset: MGL 🔍 Description: Stock is around long term resistance zone. and on a smaller timeframe stock is on the resistance of broadening triangle pattern. One can take short position from here. This is the best short trade setup for now !! 👉 Disclosure: We are not SEBI...
Bharti Airtel is a telecommunication services provider company. After giving a good upside move will it be a short reversal for traders or not? Let's see in the upcoming days. Levels are marked only for the study purposes. Keep Learning!! Thank You :)
NSE:LATENTVIEW is near its Resistance line again. Any positions should be taken only after closing above the resistance.
# Resistance - 19830-19900 Selling # Support - 19680-19700 Buying Level Note - Only For Education Purpose
Balrampur Chini has multiple resistances @ 404 - 410 on hourly chart and expected to show a fall towards marked targets on the chart. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
VEDL is neutral at the moment with both bullish and bearish signs 1. a long term 600%+ rise - bull 2. 51 % correction from top - bear 3. classic bull divergence between rsi and price - bull 4. minor hidden bearish divergence between rsi and price 5. a down flag/pennant consolidation 6. RSI is in downtrend the price is moving with contracting bases challenging...
Banknifty- Volatile day, profit booking happened today. 39500 is weekly support. If hold here the next it can break 39500. Flat Opening - 40200 = Hourly resistance, if it breaks then it can continue upmove but will face multiple resistance. Momentum could be slow. Gap up - 40500=Resistance, it can go up to there and then if any -ve price action formed, will sell...
Nifty has still not crossed the resistance zone of 18177 18222 therefore don't consider it as end of bulls. we can still go for another shakeout.
Stock Give good Breakout from Green zone but Near buy huge resistance present. I think stock will retest previous support then after consolidation it will Breakout.
Support - 42200 (above this buy a call option) Resistance - 42720 (below this buy a put option)
HINDALCO is knocking very important levels. It's a make-or-break situation for the stock as it deals with the immediate resistance zone of (413-416). This zone has been proven support before, and recently we have seen a high-volume retest of these levels, which means supply is slowly getting tested and hopefully exhausted. Volume profile too clearly suggests that...
Nifty 50 Trendlines with Possible Support & Resistance levels, These are my assumptions and shouldn't be considered for actual trade as these may be 100% WRONG. I don't encourage anyone to take trade on the basis of these levels. Moreover, I am NOT a SEBI registered person and Please consult your Financial advisor for the same.
TATA power has given a chance again for missed traders by pulling back to the resistance zone on very Low Volume showing the stock was not under heavy selfish pressure. It has also made a pullback to its trednline giving a superb entry price with a quick profit at 256.10 Tight Stop loss at 234.40 Keep It Simple
Nifty is ready to give breakout and we can expect new All time high. If Nifty close above 18000+ then we can expect a new high to 19000 - 19200
Bitcoin is resisting for the 5th time on the curved trendline in 4 hour time frame
Strength 1) Falling crude prices 2) Book value 86 , good p/b = 1.21 3) Dividend yield 2.88% 4) China product ban in india 5) Overall market is in a bullish mood Note : wait for breakout and a confirmation after that.
Swing Trade Bharat Petrol Corp Limted ( BPCL) # Trend line breakout # Resistant breakout Entry at ------>>>> 363 Target at----->>>> 401 , 434 , 463 Stop Loss--->>>> 320