RECLTD at important weekly TL Approaching a very strong weekly TL. Closing above that TL this can move further up. Next resistance can be the first target if sustains. For educational purpose.
Resistence
PVR closed above strong resistancePVR managed to close above strong resistance level with good volume. Can be good candidate for long entry if sustains. Next weekly resistance can be first target. For educational purpose.
DMART attempting to break ATH resistance Attempting for the 5th time to break all time high level. Can give a break out in coming days. For educational purpose.
Balramchini at important level Weekly chart. Price is consolidating at very strong weekly resistance zone, also corresponding to 0.786 retracement. Can break out the level and go up. Closing above resistance level can be good for long entry. For educational purpose.
Manappuram closed above strong resistance Closed today above strong resistance. Also formed a symmetrical triangle pattern and closed just above upper TL. Sustaining above 172 can go further high. Levels mentioned in chart. For educational purpose.
BANKNIFTY FALL 09/10/20I was expecting huge fall on overall market dou to technical reasons and global reasons
If you are expecting too hit like
SRTRANSFIN Near Resistance Level of 800SRTRANSFIN is near 800 level, which is a strong resistance after march crash, however it has been tested multiple times, but this time it has also crossed 200DMA and trading near 800 level. it looks it could retest 750 levels before giving breakout. once it breaks 800 level. 800-960 levels openup for upside. RSI is at 68 on daily scale and RSI is at 56 on weekly scale which is highest after march lows indicating a momentum ahead down the line.
#Oct15 - Infratel (intraday+swing) - Major ResistanceReady to break a major resistance
Buy above 192.95
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
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Happy Trading!!
banknifty support and resistence zones !major resistance and support zone if banknifty want to moves either in direction !
#Oct12 - TITAN (intraday+swing)The stock has been continuously testing the resistance at 1268, there is a very good chance for the breakout to happen. This is an intraday as well as a swing trade recommendation. Also if you look the history of the stock, you will see the stock is bullish and it had given a breakout just last week. You can check my past analysis on titan, you would see a successfull analysis just last week.
Buy above 1268
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
Once again 420 to 500 and more possibility Price after breaking 410 earlier went almost to 480 levels and once again it is making up a symmetric pattern and it is getting ready to break. One should have entered at the trend line support and wait for the breakout and the target is near 500 and this time we can expect some more i guess. . .
whirpool symmetrical pattern if wave 4 cant cross 2173.15 and breaks 2139.65 .... then according to Elliot wave theory it can go for 216.8 % retracement and can touch 1870
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Sell @ 2010-2000 ---------- target 1870
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And if it doesn't break 2139.65 and cross 2173.15 then it can touch 2306 and then 2500.
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buy @2225-2230 -------- target 2306 & 2500
