Hi All - good opportunity to go long on HDFC Bank for short term trade. Key Highlights: 1. Go long as it bounces off the support 2. Good risk to reward
IRCTC looks really good, it's trend is reversed, and after pull back, it's again starting to boom
Price fall from the wedge formation and now it is at support. Pattern : Support/Resistance. Range : Medium Trend strength : Normal Buy Above : 19920. Stop Loss : 19880. Targets : 19960, 20000 and 20040. Sell below : 19850. Stop Loss : 19880. Targets : 19820, 19790 and 19760. Expected expiry day range is 19750 to 20050. Check the live market updates. Hit the...
Chart is self-explanatory. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. Good Volume with trendline support. Any stocks minimum 3month may be a short term...may not plan less than 3 months. Stoploss must be there, May be at 5% for this stock.
There is good breakout in JSW Steel in weekly chart, After breakout small pull back is also completed. Looks bullish.
Only for educational purpose All the rectangles will act as support or resistance zone based on the direction of the price
Getting ready for resistance BO not recommendation , only for education purpose
Perfect setup... there is cup and handle is in the making.. entry above that BO zone..
Stock has taken support at Weekly 20... What next??
Price is at major trend line and if gives a BO above resistance level then a swing is possible on upper side..
Stock will become more strong if it does a retest after the BO.... Keep an eye to check this hypothesis..
Chart has given BO on weekly basis.. it should come to retest at the BO level... if it happen than generally entry get trigger... In such a situation, one can have a 1:1 RR.. SL 135 T 195
Breakout of crucial level is important indication of higher prices to come. When such breakout creates all time high it means that market participants are now willing to pay higher prices. A retest of earlier resistance from above creates good buying opportunity for investors. Here there is low risk and high return. Also success probability are high for such setup.
Hypothesis - Stock has made weekly HH entry triggered on close of 8th Sept.. T1 11.45 T2 15
price has reacted from daily demand zone. price has crossed daily 20ema. if price comes down, will wait for price to come till entry2.
Only for educational purpose Each rectangle is a zone and will act as support or resistance based on the direction from which the current market price is coming.
it is crossing monthly resistance lets see how it is behaving..
Hyopthesis = BO & Retest Entry immediate SL 218 T1 260 T2 286