NSE:HCLTECH Analysis on a Daily Timeframe! Entry = Above 1775.35 Stop Loss = Below 1144.10 Target = 1203.45 Disclaimer = All my analysis is for Educational Purposes only. Before entering into any trade - 1) Educate Yourself 2) Do your research and analysis 3) Define your Risk to Reward ratio 4)Don't trade with full capital
Nifty is heading towards the next resistance 18100-18200 range. It has given regression channel breakout with strong relative strength to the weekly time frame and it came with a strong gap-up opening. Now the price is likely to settle at over 17600. For the next 1 or 2 days small daily candles may get a form if there is any uncertainty related to price sustenance.
Zodiac Clothing successfully broke out an Inverse H&S pattern in the last trading session. Buy the stock above 113 with SL 107 with a target of 130 within one to 4 weeks
SUMMARY: *stock after posting good results has entered into a good trading range *if you have a look at the week chart a move towards 280-290 is open *range expansion is seen on weekly chart *one can enter longs in the zone of 252-247 *its positional trade avoiding the volatility of budget expect canara bank to hit 287-290 in feb contract CANBK FEB FUT...
In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading. Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing...
This is an extension to the analysis posted before. The stock has already given a 1:3 RR. The power sector is seeing huge inflows and that is expected to continue. Torrent power saw extra-ordinary buying volumes with low volume pullbacks. Time horizon : short term-medium term.
After the breakout, the retest volumes have been low. The stock seems ready to break the trendline and move upwards. The trendline break should be convincing with high volume and the candle should depict buyers in control. Previous resistance will act as a support. NSE:GRASIM
🔰 MY thought process : ⭐At a very strong support ⭐A parallel channel support ⭐A trendline long term support ( potential stock reversal point ) ⭐Low-risk high reward setup 🔰Am I taking this trade now: Already in it :) 🔰 {Some info} ➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or...
A wedge pattern is a strong retracement after a big move .... always good to trade on such lvls when broken 50,100 and 200 demas.
Hello Traders ! I am expecting good upside move in Divis lab from CMP 3840 DISCLAIMER ( Educational Purpose ) All investments involve risk. Please Do your analysis before initiating Any trade Good luck !
AXIS BANK POSITIONAL TRADE AXIS BANK FEB FUT BUY@705-707 STOP@684 TARGET-1@740 TARGET-2@755 TARGET-3@770 QTY=1200 RISK AVERGE CAN BUY 720 CALL OPTION BUY@25-27 STOP@9 TARGET@40-45 QTY=1200
-i went against the trend on friday and added axis bank longs near 648-643 -wanted to buy the re-test of breakout zone -good swing trade possible in axis bank -enter axis bank longs near 645-652 -enter a stop below 633 -initial target on the upside is placed near 670 -swing trade target on the upside is placed near 685-693 -note onces axis bank closes above...
SWING TRADE IN INDUSIND BANK BUY@920 STOP@897 TARGET-1@940 TARGET-2@955 TARGET-3@969 QTY=800
DESCRIPTION IN CHART POSTED disclaimer - for study purpose
SWING TRADE IN RELIANCE FUTURES BUY@2090 STOP@2055 TARGET-1@2130 TARGET-2@2150 TARGET-3@2170 QTY=1010 !!PLEASE NOTE THE ABOVE INFORMATION IS FOR KNOWLEDGE ONLY!! !!TRADE ACCORDING TO YOUR RISK PROFILE!! !!HAPPY TRADING!! !!PLEASE LEAVE LIKE!! !!FEEL FREE TO CLEAR DOUBT IN THE COMMENT SECTION!!
Price took support from the channel bottom and rejected from 165 levels for 3 months inside the channel and now it breaks the resistance and closes above 165 range which means we can go long for the channel top as target.
The resistance level is being tested many time in lower time frames and daily chart show flag (and also breakout pennant) which suggest long oppurtunity for long term. For short term the price may go down from the resistance level and hit the target as I mentioned earlier.