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Swing Trade in Godfrey PhilipsGo Long above 891.8 for a Target of 938.4 with SL 845. Reasons to go Long : 1. On a daily timeframe if we draw Fibonacci Retracement from the recent lowest swing low (Point A) to the recent highest swing high (Point B), we see that the stock is taking support from 0.618 Fibonacci level. 2. Also the stock has formed a bullish candlestick pattern - Bullish Hammer (marked with an orange circle) on 0.618 Fibonacci level. 3. In addition to this stock bounced back from its recent support zone marked with a green rectangle.
NSE:GODFRYPHLPLong
by Nimish_Ghagare
1
Swing Trade in Tata MotorsOnly for Educational Purpose. Go Long above 311.1 for targets 332, 352.8 with SL 290.2 Reasons : 1. On a daily timeframe if we draw Fibonacci retracement from recent swing low (Point A) to recent swing high (Point B) we find that stock took support at 0.618 Fibonacci level. 2. Also it formed a bullish candlestick pattern, bullish hammer (circled with purple color) around 0.5 Fibonacci level. 3. Additionally there is a demand/supply zone (marked with a green rectangle), as earlier stock faced resistance in this zone. Now this zone is providing support to the stock.
NSE:TATAMOTORSLong
by Nimish_Ghagare
3
Swing Trade in MaricoOnly for Educational Purpose. Go Long above 396.3 for Target 413.45 with SL 379.1 Reasons : 1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.5 Fibonacci level. 2. Also a bullish candlestick pattern, bullish engulfing (marked with an orange circle) is formed at 0.5 Fibonacci level. 3. Also there is a demand/supply zone (marked with a blue rectangle ) around 0.5 Fibonacci level from which initially the stock was facing resistance in this zone and now this zone will act as support to the stock. So there is a high possibility that stock will show upmove and we have placed our target just below the resistance level (marked with a red rectangle).
NSE:MARICOLong
by Nimish_Ghagare
Swing Trade in GodrejCPOnly for Educational Purpose. Go Long above 677.6 for target 709.15 with SL 646.15 Reasons : 1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.5 Fibonacci level. 2. Also a bullish candlestick pattern, bullish engulfing (marked with dark blue circle) is formed at 0.5 Fibonacci level. 3. Also there is a strong support zone (marked with a green rectangle) around 0.5 Fibonacci level from which the stock took to support and moved up. So there is a high possibility that stock will show upmove and we have placed our target just below the resistance level (marked with a red rectangle).
NSE:GODREJCPLong
by Nimish_Ghagare
Indus Tower | Long term Trendline Break 🎯⭕ Positional Trading opportunity ! weekly Chart Alert !!! ⭕ --Buy above =256.90 or CMP --Target = 297.35 | 330.90 --Stop-loss = 232.30 --R:R = 3.01 --Expected Profit = (28 % ) --Expected Holding = 1-3 Months only #ThankU For Checking Out Our Content , We Hope U Liked IT 📌 ====================================================== ⭕ Technical Reasons to trade or Strategy applied :- ⭕ 1) Trendline & resistance & 200ema Breakout 2) Volumes are okay 3) Bullish candlestick pattern 4) Targets are based on resistance zones 👇👇200 EMA breakout 👇👇 Guys check out the related ideas as well, it will work really well GUARANTEED ! 🙏FOLLOW for more ! 👍LIKE if think is useful ! ✍COMMENT Below your view !
NSE:INDUSTOWERLong
by ReviveTraders
5
Dr Reddy- Hanging Man - Top Reversal Candlestick Pattern @ 5200Hanging Man - Top Reversal Candlestick Pattern Confirmation is must ( Wait for close below 5200) in next week ( No Selling- If stock fails to close below 5200) ------------------------------------------------ Trading Strategy - Sell only below 5200 ------------------------------------------------ Targets Downside 4700 4350 ---------------------------------------------------------------------------------------------------------------------- Last Idea Published - DRREDDY - Head & Shoulder - Top Reversal Pattern but In this case appeared post a downtrend which has lesser success rate as compared to H&S pattern found at the uptrend
NSE:DRREDDYShort
by WaveTalks
7
Bharti Airtel | Flag Pattern Formation | Breakout Confirmed ✔NSE:BHARTIARTL Swing Trading opportunity ! 4 Hrs Chart Alert !!! --Buy above =479 --Target = 540 --Stop-loss = 442 --Lot Size = 1851 --R:R = 1.66 --Expected Profit = 1,13,000 ₹ per lot ( 12.78% ) Technical Reasons to trade :- 🧢 1) Bharti Airtel has bullish flag pattern Formation 2) Volume is more than sufficient i.e engulfing pattern & bullish candlestick pattern 3) Uptrend Is continuing and Trendline break 4) All the possible support & resistance is mentioned on the chart Guys check out the related ideas as well, it will work really well GUARANTEED ! 🙏FOLLOW for more ! 👍LIKE if think is useful ! ✍COMMENT Below your view !
NSE:BHARTIARTLLong
by ReviveTraders
56
PEL - Return of Bears ( Bearish Gravestone Doji Candlestick)PEL is a fundamentally weak stock with alarming PE of 380. It has been observed from the technical chart that the price action is forming lower highs with bearish candlestick patterns, indicating bears hold on every rise. Today, we have observed a bearish gravestone doji pattern after last day bullish candles, indicating the return of bears that may now take prices further down and we may observe healthy correction in the stock. T1- 1240 T2 - 1180 SL-1360 (estimation as per spot prices)
NSE:PELShort
by NeeteshJain
14
Amber enterprises showing false breakout?Amber enterprises showed a breakout yesterday and many buyers entered here because of the breakout But do you know it's a false breakout? lines reference: dark blue-resistances cyan blue-supports yellow-both acting as support and resistance. Guys please first like and comment :) -------------------------------------------------------------------------------------------------------------------------------- Ok...Now I was telling that amber enterprises has shown a false breakout because: 1) the stock form Abandoned Baby bearish candlestick pattern which forms only on a false breakout and doesn't form on a true breakout. 2) the stock came in overbought zone. 3) Although the stock breaked all the resistances but the resistances are so strong that they are pulling the stock to the consolidation channel. 4) The stock also made a new resistance here after this false breakout. _____________________________________________________________________________________________________________________________ Alert for you guys :) please do like and comment as I give you profitable Ideas :)
NSE:AMBERShort
by Aniketyourtechnicalanalyser
2
STATE BANK OF INDIA TECHNICAL ANALYSIS.HELLO FRIENDS I AM AGAIN WITH A NEW IDEA . FRIENDS I HAVE SBINS CHART PATTERN .FRIENDS IT IS MAKING EVENING STAR CANDLESTICK WHICH IS A BEARISH SIGNAL BUT YOU CAN ALSO SEE THERE IS A ASCENDING TRIANGLE CHART PATTERN . ITS STRONG SUPPORT PRICE IS AT RS 192.50 IT IS A GOOD AND STRONG SUPPORT . AND ITS RESISTANCE PRICE IS AT RS 197.90 , ALSO YOU SHOULD NOTICE THAT IT IS AT ITS BREAKOUT POINT AND CAN GO UP OR DOWN BUT I THINK THAT IT WILL GO UP ON MONDAY BECAUSE IT IS ASCENDING TRIANGLE AND BECAUSE IT IS A BULLISH REVERSAL CHART PATTERN SO IT CAN GO UP . BUT WE SHOULD NOT FORGET THAT THERE IS EVENING STAR WHICH CAN TAKE IT DOWN ALSO . MAIN POINT :- FRIENDS IF MONDAY IT GOES UP MAKING A GREEN CANDLE HAVING A LARGE GREEN VOLUME THAN YOU CAN BU ANOTHER WISE IF IT GOES DOWN WITH HIGH RED VOLUME THAN YOU CAN SELL IT . THAT,S MY OPINION WHATS YOUR OPINION YOU CAN WRITE IN THE POST .THANK YOU LIKE AND FOLLOW ME PLEASE .
NSE:SBIN
by MAYANKTECHRESEARCH