Explained in chart....
CMP 239 TGT 251,266,288 SL 225. This is purely based on Fibonacci Series. Lets see if it reacts at the retracement levels. Disclaimer: I am a novice at charting and this chart is purely for educational purpose. Views and opinions , especially of ppl who are good at fibonacci are welcome
cmp 1727 Long tgt 1785, 1934 SL close below 1683 Price squeeze in a symmetrical triangle.So heading for a breakout. Disclaimer: I am a novice at charting and the charts are purely for educational purpose. Views and opinions are welcome
CMP: 132 TGT: 148 SL: 127 It is observed that the price is moving in an upward channel, can breakout soon. Disclaimer: I am a novice at charting and this chart is for educational purpose only . Views an opinions are welcome
CMP: 138 TGT and SL given below It is observed that Union Bank is moving in an ascending channel. So lower trendline is support and upper is Resistance. So it can breakout either ways. So watchout for the breakout. Tgt after breakout would be the height of channel, in this case is 11 pts. The two red lines are good S & R levels. So buy above the lower red line...
cmp 193 sell tgt 181 SL close above 200, All prices on closing basis Price action suggests selling pressure (red zone, supply zone) at higher levels , so price has consistently refused to close above 200. Also the gap needs to be filled before start of a next upmove. Disclaimer: I am a novice at charting and this chart is purely for educational purpose. Views...
CMP : 424 SL: 433 TGT 403 Tech Mahindra is in a descending channel. So the trend is declining, so it should breakout below the lower trendline. The green area is the demand zone where it should find support. RSI is also in a downtrend. So shorts can be initiated. Disclaimer: I am a novice at charting and this chart is purely for educational purpose. Views and...
CMP: 613 TGT 710 SL close below 600 on closing basis. It is observed that Titan has formed a Flag and pole pattern on daily TF. It has given breakout from the flag pattern. In this case the stock can see an upside equivalent to the height of pole of flag from the point of breakout. SL is the lower trendline of the flag pattern Disclaimer: I am a novice at...
CMP: 526 SL: 515 TGT 552 Disclaimer: I am a novice at charting and this chart is for educational purpose only. Views and opinions are welcome.
CMP: 296 SL: 285 TGT 312, 338, 385 Even though channel breakout is about to happen, still longs can be initiated as closed above 61.8% retracement and small SL. Disclaimer: I am a novice at charting and this chart is for educational purpose only. Views and opinions are welcome.
CMP 1775 TGT 1990 SL 1713 Disclaimer: I am a novice at charting and the chart published is only for educational purposes. Views and opinions are welcome.
TGT 303, SL 247 CLOSING BASIS, TF 2 MONTHS. Disclaimer: I am a novice at charting and this chart is for educational purpose only. Views and opinions are welcome.
GMR INFRA CMP 17.15 SL 17.05 ON CLOSING BASIS TGT 19.65, 21.25 DISCLAIMER: I AM A NOVICE AT CHARTING AND THIS CHART IS FOR EDUCATIONAL PURPOSE ONLY. VIEWS AND OPINIONS ARE WELCOME