Notes on the chart. Do like and comment. Regards
HDFC has broken the previous swing high today and looks bullish. If sustains above 200 EMA i.e 1950 then 2000+ levels can be seen easily.
CMP 35.5 is retesting the resistance of 35.05 SL - 35 Target 1 - 38 Target 2 - 41.75 Target 3 - 45.15 Target 4 - 48.85 High reward Low Risk
it is a bullish sign you can see the resistance buy this if it crosses it and it is about to cross so keep your watch on this
Desclaimer : I am not SEBI registered (or) a Pro. Above chart if for Observation purpose only Do your own diligence before enter into a trade.
Hi Folks , United Spirits Ready For Bull Run, Stock Analysis using Market Structure and Phase analysis with Anchored Volume Weighted Average Price hop you like it. Thanks,
TATASTEEL is in process of forming rounding bottom pattern and may be a good candidate for long if Metal index support T1296 T2305 SL 278.85
Sterlite Technologies is looking good for short term. The stock has not fallen after March 13. It is also showing momentum for last 4 trading sessions. Risk reward is not attractive. Still this trade can be entered in the range of 73 - 80.
cup and handle/ rounding bottom pattern seen in VEDL
This is strictly for personal & educational purpose, not a recommendation
POSITIONAL LONG IN BANKBARODA VIEW -EARLY I HAVE MENTIONED IN MY OTHER POST THAT PSU ARE IN DEMAND -STOCK IS BREAKING OUT OF ROUNDING BOTTOM AND INVERTED HEAD AND SHOULDER PATTERN -FIRST IT WILL FIND RESISTANCE AT 200-DMA -IF BREAKS WE ADD MORE -IF FAILS WE BUY ON PULLACK TO 102-14 LEVELS FOR BIGGER TARGET TRADE VIEW DEC...
We can see it following a rounding bottom formation expect it for a futher bull run.
Yes Bank was in bearish phase from past few months but is recovering from bearish phase and entering in bullish phase and shown the rounding bottom breakout @269 Now we can buy it for long term target that is at 402 within 6 months that will be near to 50% returns from hear. Place Stop loss at 246.