So market has retraced at the level of .6 . Rsi is 57 so it means at that level market can goes up. . Upper side resistance is 15759, so maybe Nifty can touch this level and can reverse. . If Nifty break 15759, so it can give you the move. . You can also share your views in comment box. .
Chart is self explanatory FOLLOW IF YOU LIKE THE ANALYSIS LIKE AND COMMENT WHAT YOU THINK ABOUT THIS
Daily charts of Minda Industries shows breakout from a crucial range (purple). After that a retrace is being witnessed. Retrace is expected till the purple zone. Look for buying opportunities after the retrace and wait for confirmation candle. Also, after the retrace and a confirmation candle (with a good body and volume) it will also become a flag formation...
Breakout on daily charts with brilliant volumes. Seeing some selling pressure currently. Good to buy if sustains above 96.50 today. Add on retracements (after bounce back form retracements, add more) ENTRY: Above 96.50 (if sustains) Targets: 105, 115, 122++ (obeying the path marked) Stop loss: 91.30 (Considering buying around 96.50) TRAIL STOP LOSS FOLLOW IF YOU...
4 year old trendline breakout with good volumes and sustainability above the breakout zone. Entry: CMP (Retracement may be seen, so buy half quantity here) Targets: 1174, 1290, 1380 Stop loss: 935 TRAIL STOP LOSS FOLLOW IF YOU LIKE THE ANALYSIS LIKE AND COMMENT WHAT YOU THINK ABOUT THIS!
Nifty is trying to retrace...possible that it will take support at its previous resistence value around 12000 and shoots up
Fibonacci is one of the important tool to predict and understand the retracement of the stock. MARUTI SUZUKI was in down trend since mid of Feb started retracement on 26th of Feb around 8610 and retraced by 38.2% till 7372, which is also a price at the current date. after this retracement it continued the down trend. A trend reversal is observed on 30th of...
A clear cup and flag formation can be seen in the weekly charts of DB RELTY. IT IS THEN FOLLOWED BY A GOOD BREAKOUT WITH GREAT VOLUMES!!! (OPEN CHART OF DETAILED VIEW) A retrace can be seen till the level of 25 (dotted line). Bullishness is seen in the stock!! LEVELS: Entry: CMP Target 1: 34 Target 2: 41 Target 2: 51 STOP LOSS: 19-20 TRAIL STOP LOSS RSI in...
Chart is self explanatory. NOTE: The stock hasn't given a breakout yet, it is on the verge of the breakout. Hence, I have marked both the possibilities using the white arrows. Green lines shows targets. STOP LOSS: 50 (assuming buying level 58 after breakout TRAIL STOP LOSS FOLLOW IF YOU LIKE THE ANALYSIS LIKE AND COMMENT WHAT YOU THINK ABOUT THIS!
A clear Inverted Head and Shoulders pattern can be seen on the weekly charts, indicating bullishness. A breakout of the Inverted H&S pattern is seen. Further, a breakout of the 2 year long resistance point accompanied with a retrace is seen. (OPEN THE CHART FOR DETAILED VIEW) LEVELS: Entry: CMP (860-861) Target 1: 918 Target 2: 972 STOP LOSS: 802 (Closing...
CASE 1: On the weekly charts of torrent pharma, it is seen that CMP is at a very crucial level (the purple zone). This zone is a good resistance zone. Also, if you look closely, CMP is also trading at an important Fibonacci Level. This too shows that price may come down from this point or may obey the purple zone and may fall after touching the upper range of the...
A triangle breakout is seen in the weekly charts of RITES with great volumes!! Selling pressure was seen at the end of the day. Hence, a retrace is expected at around 260. LEVELS: Entry: CMP and if gives a retracement then at 267 Target 1: 300 Target 2: 325 STOP LOSS: 251 (Closing) TRAIL STOP LOSS!! RSI BULLISH VOLUMES SUPER COOL MACD BILLISH Risk-Reward...
Daily charts, crucial zone marked in purple. CMP on the edge of a good 6 months old trendline. Breakout from this line followed by a breakout from the purple zone can be a signa of a good move ahead. Can see retracement and then a great upmove. CHART IS SELF-EXPLANATORY, OPEN CHART FOR DETAILED VIEW FOLLOW IF YOU LIKE THE ANALYSIS LIKE AND COMMENT WHAT YOU THINK...
On the daily charts of MOIL Ltd. a simple Inverted Head Shoulders pattern can be seen!! This is followed by a perfect breakout and then a perfect retrace too!!! Plus, this breakout is also the breakout of 5 year old resistance line!! (OPEN THE CHART FOR DETAILED VIEW) LEVELS: Entry: CMP (183) Target 1: 213 Target 2: 238 Target 3: 250-252 STOP LOSS: 173 TRAIL...
#Angle Broking BREAKOUT And Retres on CHART Study purpose ONLY Happy LEARNING
Kotak bank swing trade with high risk-return ratio, fundamentals of Kotak bank are also very good and I am bullish on bank nifty if the bank nifty has to perform then Kotak will play a major role in accomplishing the same. I have applied simple price-action, also ema200 is giving good support. Open to suggestions.
Triangle PATTERN BREAKOUT and Retres on itc chart Happy LEARNING Like and follow me on more ideas
After a bearish order block, SBI card has already about to reach 50% equilibrium price (Fib retracement). As soon as it reaches between 62% and 79% retracement levels. It will be a good shorting opportunity and we can see a bearish rally to next liquidity pool levels marked on the chart. Do share your views on the analysis.