In a daily time frame bajaj Electric price reached the retracement point. so it ll go up again.
A breakout from a symmetrical triangle pattern and we can see a retest of the resistance trendline. Looking good for a short-term trade for targets 800 and 865.
Explanation : This is a 15 min time frame chart of BAJFINANCE . We using 50 & 200 EMA strategy , It has taking 50 EMA Resistance If stock continue downtrend move we can easily achieve our target 200 EMA . It has formed a pattern , What kind of pattern it is ?? let me know in comment below 👇 If you like this analysis of Stock give a Like // Follow , let me know...
ABFRL view on short term .. Stop Loss and Target placed on the chart. Entry level same as shown in chart. watch out this stock. thank you !!
ONGC rallied from around 100 levels back in April to about 128 odd levels in June. Since then it has corrected down to 112 and seems to be taking support there. From there it is improving its structure and trying to create higher lows. It has completed a 50% retracement of that rally from 100 to 128, all the while travelling in a downward channel but now it seems...
A Fibonacci Retracement of 50% has been seen at 230 levels which are acting for the support.
Lupin has done Very good correction in this month but the chart looks high slope for downtrend which could sustain as it need to satisfy the demand and supply . Now its in perfect place for retracement can retrace upto around 975 Golden opportunity for swing trade 2-3 days will do it but followed by strict stoploss Take position only after getting buy...
Sharing only for the purpose of learning. IT sector may lose some steams after this wonderful rally. Fibonacci Projection as shown reached the 1.414 levels in a single rally. Few stocks showing some retracement signs on charts. It can retrace or again start his journey again as few stocks still seem very strong on charts as below. - TCS - Mindtree ...
Breakout done with good volumes, wait for a retracement to enter.. Disclaimer: Not a suggestion/recommendation. Plz do your own analysis before trading.
KALYANKJIL (Kalyan Jewellers) | Green Candle Retracement - Risky opportunity 18% CMP : 72 SL : 68 Target : 87 1:3 risk reward setup
After a big fall it is in a very good place accumulating in support region waiting for retracement or you can say for lower high . but dont miss this opportunity as any stock cannot go vertical as it need to satisfy the supply and demand . good entry around 970 target you can keep arounf 2.5% - 3.5% if for extreme safe trade 2.5 % will give highest ...
Visaka Industries has formed Cup & Handle pattern on weekly charts and given breakout. Currently stock is consolidating near breakout level above 800 and further movement can move stock till 1000+ levels. All levels provided on charts. This is for educational purpose only.
On the daily charts of SBIN, it can be seen that it is taking support of its recent trendline (yellow one) and there is a year old resistance too (green one). (OPEN CHART ABOVE) Also, on the weekly charts, a breakout then a retracement kind of action is seen. Also there is a good buying pressure at the day end today. This shows that soon a breakout is expected...
Chart is self explanatory FOLLOW IF YOU LIKE THE ANALYSIS LIKE AND COMMENT WHAT YOU THINK ABOUT THIS!!
After the consolidation, this stock can show an up-move for swing trading.
Jubilant Ingrevia is ready for the next run after the retracement.
After the retracement, this stock can show an up-move for swing trading.
After the retracement, this stock can show an up-move for swing trading.