In the chart of "PROTEAN," a Bullish Flag pattern has emerged, suggesting a potential continuation of its upward trend. The pattern is characterized by a sharp upward move (pole) followed by a consolidation period (flag), forming a rectangular shape on the chart.
The entry point for this pattern is identified above 1466, indicating a breakout from the...
CAMS has been in a downtrend from end of 2021. We can see on the chart that the stock is consolidating near a strong support of 2000 level.
RSI is forming higher lows which indicate strength of buyers at this level.
It looks attractive at CMP for a positional long trade for minimum target of 2300.However, a weekly closing below 2000 levels will have a sharp fall...
That was too much of a rally for wave 4. Shorting for a 1:4.5 risk-reward trade.
Target and stop loss are mentioned in the chart.
Expecting wave 5 to fall stronger than the up move.
This is no doubt a fundamentally good company trading at its low while its peers are trading a their higher levels. So it can be strongly assumed that this stock may perform in the upcoming time. Reasons for which GUJARAT GAS seems to be bullish on charts at least for short term:
1. Trend line support is been taken since the beginning of the month at Golden...
Potential Opportunity as Swing Trade in NSE:HEROMOTOCO
If tomorrow price action form with green candle above previous green candle, then buy at top of the previous day & stoploss below to it.
Risk : Reward - 1:2
ENTRY @ 2832.00
TARGET # 1 @ 2930.00
TARGET # 2 @ 3015.00
STOP LOSS @ 2740.00
This is for Educational Purpose only, apply your prudence &...
Potential Opportunity as Swing Trade in NSE:WIPRO
If tomorrow price action form with green candle above trendline then day after tomorrow buy at top of the previous day & stoploss below trendline.
Risk : Reward - 1:2
ENTRY - 400.00
TARGET 1 - 415.00
TARGET 2 - 425.00
STOP LOSS - 388.00
This is for Educational Purpose only, apply your prudence & consult...
Formed C&H & Irregular H&S Format, if its break trendline, then we can expect 20% upwards potential growth in NSE:ZYDUSLIFE
This is for Educational Purpose only, apply your prudence & consult your adviser before any investing.
HAPPY TRADING....
#nse #swingtrade #nifty #zyduslife #priceaction #supportzone #trendline #bullish #riskrewardratio #sma #simplemovingaverage
Pidilite broke resistance of 2764 (high of 13th Jan 2022) on 2nd Sept and if now price retesting this zone which will act now as a support. Entry near 2770-2780 price range will give great risk reward for swing traders. Targets as per Fib are 1) 3112 2) 3471. SL any day closing below 2750, with risk of Rs 20 reward of 300 will give 1:15, put alert and when you...
Potential Opportunity as Swing Trade in NSE:ADANIPOWER
Risk : Reward - 1:2
Entry - 110.50
Stop Loss - 98.00
Target - 135.55
This is for Educational Purpose only, apply your prudence & consult your adviser before investing.
#nse #swingtrade #nifty #adani # adanipower
Potential Opportunity as Swing Trade in RELIANCE INDUSTRIES
Risk : Reward - 1:2
Entry - 4705
Stop Loss - 4590
Target - 4935
This is for Educational Purpose only, apply your prudence & consult your adviser before any investing.
HAPPY TRADING...... :)
#nse #swingtrade #nifty #drreddy #nifty50 #bullishflagbreakout
