Resistance Testing. Good buy above the resistance for intraday. Checkout for 10,000 level which may act as resistance.
M&M testing its resistance multiple times. Volumes have been increasing since the 12th of April. Good buy above 815 level.
BHEL broken triangle pattern , which is bouncing in between the range since 18th Mar 2021, now it broken the resistance level and moving up. My targets are 59.95 and stop loss is 46.85, Risk to reward is near to 1:1.5. Enter into the stock with your own risk management, it was just my idea regarding this stock.
Stock is in tight range may give breakout ,targets and sl on chart.
* This Stock trading near its major support area (0.618) FIbonaccci retracement level and made a rounding bottom pattern . All technical evidence gives a bullish sign .
after ther strong resistance breakout h&S breakout stock facing resistance near mention zone after crossing we can see good movementum thanks idea is only for educational purpose
* Longer the Consolidation stronger the Breakout . * 06 years Log consolidation breakout in monthly chart and also made big marubazu candle that gives more confident in bullish view . Kindly Let us know if you have any question.
* After breakout of this stock consolidate around month at near support level now ready for move . Chart set-up is extremely good . Kindly Let us know if you have any question .
NIFTY BUY ABOVE 15183 SL 15150 TGT 15200 15250 ++ NIFTY BUY NEAR 15080 SL 14970 TGT 15100 15150 ++ NIFTY SELL BELOW 15080 SL 15110 TGT 15000 14970 ++ NIFTY SELL NEARE 15183 SL 15210 TGT 15000 14970 ++
it 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.
* #HDFC At the Upper Boundary, breakout or reversal on the downside ?? * 10 years long channel . Any view kindly mentioned below .
We can go long in ITC. All the details are mentioned in the chart. Happy Trading!!
After sharp rally KMB formed darkcloudcover at resistance zone, we can short KMB.
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.
simple resistance break after long time chance to move up side disclaimer-only for educational purpose
Hdfc 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 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