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Sunpharma might form a new high (26/09/22).Sunpharma on the weekly time frame has given a nice bullish engulfing candle and a nice 6% return this week. The market has given a negative return but this stock has remained in green. There is possibility of another up move in the coming week and the stock may form new 52 week high. It is following the market movement. It has broken the resistance level of 900 and retest the levels. Three points confirmation for a trade 1. Crossed 20 ema on the daily time frame. 2. Closing above the resistance level, high volume break out and closing above 200 ema on weekly time frame. 3. Candlestick pattern :- Bullish engulfing pattern. If the stock breaks and closes above the levels of 925 on the daily time frame, a trade can be initiated. Targets :- 940-45, 950 Wait for the stock price to cross the level. Watch for the price action near the levels before entering the trade. A swing or intraday trades can be taken in the stock.
NSE:SUNPHARMA
by TheMamboMomentum
ABFRL Cmp 335 dated 23-9-2022 BEARISH ENGULFING AT TOPABFRL Cmp 335 dated 23-9-2022 1. Bearing Engulfing Candlestick @ top of the chart. 2. RSI had already breakdown Sell below 333 for target 323-310-300-290-275 SL 250 Disclaimer : I am not a Sebi registered Analyst so please do your own Analysis before taking any action. The above view is shared just for educational purpose. By no means shall be responsible for any losses amounting out of it incase if any trades on it. It is just a view, pls trade at your own risk.
NSE:ABFRLShort
by SHEETAL_UDESHI
3
Grasim Ltd 1744 dated 16-9-2022 SELL DOUBLE TOP Grasim Ltd 1744 dated 16-9-2022 1. Bearish Candlestick @ top of the chart. 2. Double Top on chart Sell @ Cmp for target 1705-1675-1620 SL 1820 (Positional) for Intrday or 2-3 days keep stop loss 1775-1780 Disclaimer : I am not a Sebi registered Analyst so please do your own Analysis before taking any action. The above view is shared just for educational purpose. By no means shall be responsible for any losses amounting out of it incase if any trades on it. It is just a view, pls trade at your own risk.
NSE:GRASIMShort
by SHEETAL_UDESHI
4
TCIEXP - Bullish Momentum with VolumesNSE: TCIEXP is closing with a bullish candle supported with high volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along with the trendline support over the past few days which is creating the up trend. One can look for a 10% to 14% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade Disclaimer: This is for educational purposes only.
NSE:TCIEXPLong
by BrahmaBull31
POWERGRID - Consolidation BreakoutNSE: POWERGRID is closing with a bullish candle supported with high volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along with the trendline support over the past few days which is creating the up trend. One can look for a 8% to 12% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade Disclaimer: This is for educational purposes only.
NSE:POWERGRIDLong
by BrahmaBull31
CGPOWER - Swing reversal with volumesNSE: CGPOWER is closing with a breakout bullish candle supported with high volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along with the trendline support over the past few days which is creating the up trend. One can look for a 11% to 15% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade Disclaimer: This is for educational purposes only.
NSE:CGPOWERLong
by BrahmaBull31
GPPL - Range Breakout with VolumesNSE: GPPL is closing with a range breakout bullish candle supported with high volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along with the trendline support over the past few days which is creating the up trend. One can look for a 8% to 11% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade Disclaimer: This is for educational purposes only.
NSE:GPPL
by BrahmaBull31
CAROBORUNIV - Bullish Momentum with VolumesNSE: CARBORUNIV is looking for a breakout with a bullish candle supported with high volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along with the trendline support over the past few days which is creating the up trend. One can look for a 9% to 11% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade Disclaimer: This is for educational purposes only.
NSE:CARBORUNIVLong
by BrahmaBull31
AXISBANK - Range Breakout with VolumesNSE: AXISBANK has broken out from the consolidation range. Today's volumes and candlestick indicate demand and stock should move to previous swing highs in the coming days. The stock has been moving along with the trendline support over the past few days which is creating the uptrend. One can look for a 8% to 12% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade Disclaimer: This is for educational purposes only.
NSE:AXISBANKLong
by BrahmaBull31
GHCL - Bullish Candle with Volume BreakoutNSE: GHCL has broken out from the consolidation range. Today's volumes and candlestick indicate demand and stock should move to previous swing highs in the coming days. The stock has been moving along with the trendline support over the past few days which is creating the uptrend. One can look for a 7% to 12% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade Disclaimer: This is for educational purposes only.
NSE:GHCLLong
by BrahmaBull31
Banknifty analysis - logic and planEXPLANATION : This is a 15 min time frame chart of BANKNIFTY . It has been consolidating at previous Resistance zone and formed the Evening star pattern . ( An Evening start is a candlestick pattern that is used by traders for analyzing when the uptrend is going to reverse to a downtrend ) If give a strong breakdown and continue his pattern , I am bearish on BANKNIFTY . If give a strong breakout and retest ( Resistance become Support ) , I am bullish on BANKNIFTY . Levels are marked in chart , enter as per your setup .
NSE:BANKNIFTY
by pranav_nanavare
Positional or Longterm Opportunity in TCI ExpressGo Long above 1694.1 for Targets of 1897.45, 2100.8, and 2304.15 with SL 1490.75 Reasons to go Long : 1. On a Weekly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.5 Fibonacci level. 2. In addition to this a bullish candlestick pattern Bullish Engulfing (marked with orange color) is formed around the 0.5 Fibonacci level. 3. Also there is a strong Trendline (marked with green color), from which the stock is taking support and moving up.
NSE:TCIEXPLong
by Nimish_Ghagare
Positional or Longterm Opportunity in Greaves CottonGo Long above 152.05 for Targets of 173, 193.95, and 1839.2 with SL 131.1 Reasons to go Long : 1. On a Weekly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.618 Fibonacci level. 2. In addition to this a bullish candlestick pattern Bullish Engulfing (marked with orange color) is formed around the 0.618 Fibonacci level. 3. Also there is a strong Trendline (marked with green color), from which the stock is taking support and moving up.
NSE:GREAVESCOTLong
by Nimish_Ghagare
Positional or Longterm Opportunity in RECGo Long above 118.8 for Targets of 127.95, 137.1, 146.25, and 155.4 with SL 109.65 Reasons to go Long : 1. On a Weekly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.618 Fibonacci level. 2. Also a bullish candlestick pattern Bullish Engulfing (marked with orange color) is formed around 0.618 Fibonacci level. 3. In addition to this there is a strong demand zone (marked with purple color), from which the stock initially faced resistance but now is taking support and moving up.
NSE:RECLTDLong
by Nimish_Ghagare
Positional or Longterm Opportunity in BHELGo Long above 45.85 for Targets of 50.3, 54.75, and 59.2, with SL 41.4 Reasons to go Long : 1. On a Weekly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.618 Fibonacci level. 2. Also a bullish candlestick pattern Bullish Hammer (marked with orange color) is formed around 0.5 Fibonacci level. 3. In addition to this there is a strong demand zone (marked with purple color), from which the stock initially faced resistance but now is taking support and moving up.
NSE:BHELLong
by Nimish_Ghagare
1
Positional or Longterm Opportunity in BATAGo Long above 1748.8 for Targets of 1890.15, 2031.5, and 2172.85 with SL 1607.45 Reasons to go Long : 1. On a Weekly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.5 Fibonacci level. 2. In addition to this a bullish candlestick pattern Bullish Harami (marked with orange color) is formed around the 0.5 Fibonacci level. 3. Also there is a strong Trendline (marked with green color), from which the stock is taking support and moving up. 4. In addition to this there is a strong demand zone (marked with purple color), from which the stock initially faced resistance but now is taking support and moving up.
NSE:BATAINDIALong
by Nimish_Ghagare
Trend Reversal with Double Top Pattern & Candlestick formationsImportant SR levels Update based on volume profile analysis for NSE:RELIANCE Hello Trader. If you like the idea, do not forget to support with a like and follow. Above is purely my opinion. It doesn't mean that you need to trade accordingly. Please note that I'm not Sebi registered advisor or technical analyst . Trade on your own conviction and please consult your advisor before investing . #supportandresistance #volumeprofileanalysis #stockmarketindia #reliance
NSE:RELIANCEShort
by Ami8singh
Positional or Longterm opportunity in MCXGo Long above 1317.05 for Targets of 1491.1, 1665.15, and 1839.2 with SL 1143 Reasons to go Long : 1. On a Weekly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.618 Fibonacci level. 2. In addition to this a bullish candlestick pattern Bullish Engulfing (marked with orange color) is formed around the 0.618 Fibonacci level. 3. Also there is a strong Trendline (marked with green color), from which the stock is taking support and moving up.
NSE:MCXLong
by Nimish_Ghagare