Short term trading opportunity in SCHNEIDER for > 15% upsideHi,
NSE:SCHNEIDER has given a Bullish On-Neck Breakout on Daily charts with very good volume.
MACD is also on the bullish side on Weekly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
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Schneiderelectric
SCHNEIDER - Ichimoiku BreakoutStock Name - Schneider Electric Infrastructure Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 344
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
#CloudTrading
#IchimokuCloud
#IchimokuFollowers
#Ichimokuexpert
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SCHNEIDER ELECTRIC - DAY CHART - 11.01.2023 - BAHAVAN CAPITALSCHNEIDER ELECTRIC as per day chart analysis
Stock ABOVE 206 TARGET 210
Once again FII Net selling had increased today at 2109.34 Cr and FII Net buying was at 1806.62 Cr.
From Jan 2nd - Jan 10th in these 7 trading sessions alone FII Net selling at 10125.91 Cr and DII Net Buying at 6286.99 Cr.
Bank Nifty looks weak with support at 41569 / 41295.
Nifty looks weak with Support at 17771
Happy Profitable Trading to all...
SCHNEIDER - Ichimoku Bullish Breakout Stock Name - Schneider Electric Infrastructure Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 206
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please give a like, share & subscribe for daily analysis.
SCHNEIDER ELECTRIC - DAY CHART - 05.01.2023 - BAHAVAN CAPITALSCHNEIDER ELECTRIC as per Day Chart Analysis Stock
ABOVE 158 TARGET 162.
Today being an weekly expiry day, there had considerable sell off from FII by 1449.45 Cr and surprisingly DII was also a net seller by 194.09 Cr.
Nifty 50 has a good support at 17835 / 17771
Bank Nifty has a good support at 41951.
So lets see whether these support levels helps the nifty and bank nifty to bounce back.
Normally Friday is often considered to be a profit booking day and considering two days of sell off. There might be a brief consolidation at these support levels by tomorrow.
So lets see how this week ends... Happy Profitable Trading to all...
SCHNEIDER ELECTRIC - DAY CHART - 04.01.2023 - BAHAVAN CAPITALSCHNEIDER ELECTRIC as per Day chart Analysis
Stock ABOVE 174 TARGET 178
Today there had been a big sell of from FII 2620.89 Cr and DII Net Buying is 773.58 Cr.
Nifty can take a support at 17835 or 17771 Level.
Bank Nifty can take a Support at 41951 Level.
Happy Profitable Trading to All...