BDL Second breakout area approach #bdl
In long term folio have already made 90%
Now looks ready for another move.
I will take it for positional if breakout happens.
#vr
Resistence
Mahindra cie strong resistance area#mahindracie
Mahindra cie auto
Close to 14 years resistance breakout area.
Keep and eye and enter on breakout.
#vr
Expecting a small correction in the AUTO SECTORNSE:CNXAUTO
I am expecting a small correction in the Auto sector. It is because the price is facing resistance on the upper trendline. The MACD indicator is showing a small divergence as the MACD Line didn't went up when the price went up and giving random crossovers. It is moving in a range but the prices went up in past one month.
The same is with the RSI, there is also a small divergence as the RSI is moving in a range and didn't went up with the prices in the past one month indicating loosing momentum.
I am expecting the prices to correct and test its 50 EMA levels and extremely it could test the lower Trendline. But not expecting a Bear trend or a trend reversal, as the Sector has outperformed NIFTY 50 for the last 1 year. It is a good time to book partial profits and re enter at lower levels.
Disclaimer : It is my own view and analysis. It is for educational purposes and not any type of Recommendation, call or a tip.
Expecting a downside in Grasim (Positional)NSE:GRASIM
I am expecting a downside in Grasim, because the price is facing resistance near the trendline, and the trendline has not been tested multiple times so it is a strong trendline. The MACD indicator is giving a sell crossover. The RSI is also moving down indicating a falling bullish momentum. So because the confluence of the technical indicators I am expecting a downside move in GRASIM. The SL an Targets are shown in the Chart.
Disclaimer : This is my own views and Analysis. This is only for educational purposes. It is not a recommendation, call or a tip.
Basing and Breakout formation Basing : Its accumulation phase where smart money comes in, it acts as a base.
Here price may follow the previous trend or shows reversal
Always take partial position, don't get trap by infusing entire position.
Volume activity remains low and you may see some heavy buying at support.
Psychology : participants are not ready to participate actively, it lacks enthusiasm.
Breakout phase :
Here, It may break the support or resistance The bigger the base, the stronger the rally can be.
If it breaks resistance add up your position and if it breaks support cut out your position.
Psychology : Here you will see the moment in price activity with higher spikes in volume.
Here they get the direction.
Reliance Swing Trade Idea (4H TF)On 4H TF reliance is looking good and it has given a breakout of resistance which is tested couple of time.
We can expect a momentum till 2800, there is open area for reliance to move out.
For entry you can use 5 minutes TF.
(Only price action, no news)
eurusd resistenceAs you can see eurusd exactly fall from given resistance 1.03617 hope you learn something from my given chart. I always fouse on learning...
DYOR!!!!!!!
Nasdaq Ascending triangle and Breakout of Major resistance zone Nasdaq Ascending Triangle breakout Target achieved
Nifty Tomorrow !!!The chart clearly explain various observations.
All are possibilities and the reasons are given.
Note: The information given for study purpose.
Nifty Market Prediction for 11 Aug, A Range boundIf you observe Nifty on 5 Minute TF, so you will that it's in range. So if it breaks that range we can see the good momentum either side.
So Mark this levels and play around this
eurusd huge resistenceMay be eurusd fall from 1.03966 because the huge resistence there . I will take a short entry from there
DYOR!!!!
Jyothi Labs on 1W TF, A good positional tradeIf you observe this stock. It has given breakout on weekly TF and entry is activated.
If someone is looking for a positional trading, It is going to be a good trade.
Just observe this trade.
Dlf could be sellNSE: DLF
Hello guys today after seeing the chart I got these things
1. If goes down then the target could be taken at 346 This could be taken as a maximum downside target from my opinion
2. Time Frame:- 1 Day
Conclusion:-
A Resistance which is at the current level I have seen some forecasts show that it could be down and could be followed by the market but if it breaks the small gap also I got that to follow us and like the posts and Comment Below If You want to ask me questions on this on any other idea
Have a Nice Day to you all
Made By MAYANKTECHRESEARCHING
We are not responsible for any profit or loss
Based on Your Own Risk this is only to show you what's going on
Nifty Market Prediction for 5 Aug, A Range boundIf you observe today's closing is in between the day's high and day's low, So for next there is high chances that market will be range bound after opening.
Just see the 1D TF NSE:NIFTY
MOLDTKPAC Channel BreakoutMoldtkpac gave a Channel Breakout on 1D timeframe. It is currently retesting its resistance. Enter after bullish confirmation.
Welspun enterprises chart analysis> Forming an inverted H&S pattern
> breakout above 110 , price may go up to 150. as per classical chart pattern target.
> only for learning, trade at your own risk.
Acrysil forms a triangle !!Acrysil has been under a resistance zone for 70+ days and has formed a beautiful triangle patternwith support of the 50EMA. High volume cue has
been given and a break above the resistance and the 200EMA provides a possibility for a long trade.
3 targets
T1 should hit in a short span while T3 may take a
few months with pullbacks.
Stop loss below the 50EMA should suffice
Favourable risk to reward ratio.
Keep It Simple
Balamines can give good breakoutChart pattern and levels mentioned in chart.
Follow strict risk management.
expected measure movementcurrent important levels for now is 16150 down side and 16500 up side
watch 16300 as resistance level
tata steel rangetata steel price trading in a range
buy side of any 15m candle closes above 911
sell side if price sustain below 895
SHORT for BANDHAN BANK hey guys ,
this is my first analyze for shorting a stock
BANDHAN BANK stock was moving in a fixed uptrend ,
misfortunately , this stock has broke its support area ,
and now this stock has retested ,
AND THERE ARE MANY REASONS TO SHORT THIS STOCK ,
1. A GREAT RED CANDLE IS MADE AFTER RETESTING .
2. EVENING STAR HAS BEEN MADE , which gives us confidence to SHORT THIS STOCK .
3. A BEARISH ENGULFING CANDLE has been made , which tells us to SHORT THIS STOCK .
BUT FIRST CONSIDER THE GLOBAL MARKET SITUATIONS .
1. INFLATION
2. WAR
3. RISING BANK RATES
4. RISING CRUDE OIL EXPORT DUTIES
FROM MY OPINION ,
YOU CAN SET YOUR TARGET AT
RS-229.55
and you can earn upto
15.50% RETURN .
and guys , if u liked my analyze
then pls
COMMENT
LIKE
AND FOLLOW
Nifty at major support of 15850NSE:NIFTY
Pure respect of resistance at trendline and a reversal from the level of 16080, nifty next support is around 15850.
SIEMENS breaks channel #LONGSIEMENS (Siemens India LTD) breaks the channel. we can go LONG (buy). trial your stoploss below the trendline.
