KALPATPOWER at Weekly resistanceit is currently trading at weekly resistance level of 390-400, either is may consolidate or retrace then give breakout. weekly breakout above 400 will give next leg or rally.
Resistence
HDFC at the Upper Boundary * #HDFC At the Upper Boundary, breakout or reversal on the downside ??
* 10 years long channel .
Any view kindly mentioned below .
KOTAK MAHINDRA BANK Dark CloudAfter sharp rally KMB formed darkcloudcover at resistance zone, we can short KMB.
Chart of the Week (30/01/2021)Chart of the Week for this week is Siemens India. The stock had hit its resistance at Rs.1720 and is now heading towards the support of Rs.1565; if Rs.1565 is broken down then shorts can be added with a target of Rs.1460; otherwise one can add at the immediate support level or buy after the resistance of Rs.1720 is broken for bullish side trade.
philips carbsimple resistance break after long time
chance to move up side
disclaimer-only for educational purpose
Beautiful pullback and continuation by HDFCHdfc touched ATH level and made pullback to broken TL and now continues up move, making newer ATH levels. Respected a beautiful BO pullback and continuation pattern. Visit previous chart in the link below.
TBZ Looks good as it crosses its 200 moving averageTBZ has given 50% return from our 50 levels you can see the below idea to know more , so my view is on hold side keep trailing sl and enjoy the move
KEY LEVELS TO WATCH IN NIFTY 50See the below linked idea so that you can understand how beautifully these levels play a huge role in the market
shriram transport - viewPOSITIONAL BUY ON CLOSE ABOVE 1088
WITH STOP 1055
disclaimer - for study purpose only
Can Godrej Consumer cross the hurdle this time?Testing an important resistance one more time. Crossing this hurdle it can give good up move. Good if sustains above it. For educational purpose.
ASTEC is at Over brought rangeASTEC has rallied continuously from 900 to 1220,
For Very Near term:
Pivotal Resistance R2 placed at 1260
RSI is at 76 on daily scale, stock has retraced at RSI 80 in the last few instances. one possibility is that it can break RSI 80 level this time.
1100-1180 can be seen as Fibonacci retracement support levels.
For Long Term:
Stock has closed at highest level on monthly scale on closing basis.
Stock approaching weekly resistance, on weekly scale at 1260-1360, if it crosses we can see further rally.
Cipla closed above strong resistance Closed above strong resistance today. Can make newer high levels from here. For educational purpose.
IGL can give another attempt to break out IGL is entering in a strong resistance / trendline again. Watch it out for break out and can test the all time high levels again. For educational purpose.
Important week for ONGCThose who are learning price action,
put this in watchlist and
watch how price action is working.
(Publishing this for people who are learning price action)
Hdfc touched ATH levelsHdfc reached ATH level with 6% up move in last 2 days. Looking good to cross and make newer ATH levels is. For educational purpose. Previous chart in the link below.
TCS at important level with multiple patterns TCS gave a BO of trendline today, also formed a cup and handle pattern near all time high levels. In past it had taken beautiful support from gap on multiple times. Sustaining above neckline can make newer ATH levels in coming days. For educational purpose.
HDFC BANK ABOVE 1410 BULLISH It gave Neckline Breakout, of Inverted Head & Shoulder Pattern.
It looks good above 1410,
Possible Target 1450, and 1520
Educational Purpose Only.
SRTRANSFIN RESISTANCE BREAKOUT 30MSRTRANSFIN has been respecting it's resistance for a long time. It has respected the same resistance level for 3 times & now it's the 4th time it's testing the same resistance. Looks like the price has already given a breakout. This can be good opportunity to go long on SRTRANSFIN with SL on nearest swing low. This can be considered to trade intraday as well as positional. Happy Trading!
SUN TV at very important resistance level Multiple patterns at very strong resistance level. Gave a trendline BO, also forming a round bottom pattern and testing strong resistance level now. Can move good if cross this resistance and sustains. For educational purpose.
NMDC - VIEWBUY ENTRY POSSIBLE BASED ON
RESISTANCE BREAKOUT
SUPPORT OF VOLUME SEEN
FOR STRENGTH
double rounding pattern seen too
R:R CAN BE DECIDED ON PERSONAL BASIS
disclaimer - for study purpose only.
