Indus bank is on the verge of breakout keep an eye on it. Formation of triangular pattern and good volume contraction in Bollinger Band indicator. . If bank nifty falls their is a high chances that the breakout will be in the downward direction else sky is the limit. . Calculate your RR ratio and trade accordingly.
Sellers fail to bring down SBIN 3 times denote's pressure from the bottom to push up. . Reason to buy: 1) Trend Line breakout 2) Buying pressure from bottom . Next best entry will be after retracement i.e after 201.60. Stop loss will be below intimidate swing i.e below 197.00. . RR ratio should be calculated and accordingly trade should be taken.
their is a breakout in jubilant food works i have been tracking this stock for few days now and waiting for this breakout to take palace. . Best stop loss would be below the immediate swing that is at 2240 levels. . Trade with calculated risk, next best entry after retracement at 2319.
infy is making a triangular pattern is on the verge of breakup. Stop-loss must be below the immediate swing. . Reason to Buy: 1) Formation of a triangular pattern. 2) Bollinger Bands showing consolidation. . Possible breakout in upcoming few days. After breakout retracement is possible at the same levels and momentum will continue after that.
Hero Motocorp is trading at breakout levels of 2890.20 in 1 hourly time frame, their is a high possibility of breaking out of this stock. . Reason to buy for a weekly position: 1) Trend-line in the daily time frame is broken. 2) Triangular pattern breakout. 3) Upward momentum with good volume. . Wait for price action then trade, current view bullish. Retracement...
Gave the breakdown today. However, no pullback yet after breakdown! Might retrace or halt and then give a moment! Good R:R!
IOC is testing lowe levels of its daily time frame keep an eye on the following levels:- . 83.55 - below which is the Selling Zone (immediate selling might happen) if fall Target 1 : 82.40 . 84.65 - above is the buying zone wait till it closes above it if rise Target 1 : 85.65 . testing levels:- Might test levels of 85.65 which is a resistance zone in the...
berger paints charts looking good trading above both 21 & 50 EMA DISCLAIMER { Educational Purpose } All investments involve risk. Please Do your analysis before initiating any trade GOOD LUCK !
ASAINPAINTS shows a POWERFULL BULLISH SIGNAL . Traders who missed the entry still can wait for a retracement. Their is no guarantee that a retracement would occur. but dont forget to enter if a retracement occurs. Beware : Please keep in mind and stay away from False Breakout Traps. Also this is not any recommendation, it is only for educational purpose....
Berger Paints had power move last day but ended at a consolidation between 554-558 you can expect a retrace back to the line. Also look into my analysis on asian paints and follow both stocks to know the clear trend paint industry is going to. Beware : Please keep in mind and stay away from False Movements Also this is not any recommendation, This is only for...
ENTRY :- BETWEEN 1697-1728 SL :- 1551 TARGET :- 2100 Earlier dmart price has retraced twice from levels of 1697-1728 as shown in the figure It can be a good retracement trade !! Follow Entry,SL & Target Properly !!
Adani correcting towards 50% correction of recent high, if unable to support at 50% then push SL or short till 61.8%. Buy after as decided for long upside. OI SUGGEST UPSIDE IF PULLBACK AFTER 50%, long unwinding is about to over, can see fresh start for upside OI. *THIS IS FOR STUDY PURPOSE*
After a Bullish Trend, it tends to consolidate for some time and again continues its prior trend. 33% , 50%, 66% retracement level, is the level in which most bounce back and continue the prior trend. --- It kind of forming a FLAG pattern to. --- Volume looks good too.
NSE:RELIANCE (FOR LEARNING PURPOSE ONLY) Expanding volume on price up Price might retrace from 1913 to 1864 before moving upto 1948
At the lower trend line, showing signs of a bullish move. Keep stop loss at lower trendline around 535.5. Target 1 at 572 and Target 2 at 609.
Maruti has been moving in an uptrend channel. Currently its in consolidation phase on this smaller time frame where price drifted down to 5885 zone. It may retest this level again before breaking out of the trend line for a target of 6025-6050. 1. Let the price settle down in the 5885 zone or lower before taking trade. 2. If price opens with a gap above trend...