Market Direction for upcoming daysAs after fall market has become volatile,
it becomes extremely important to trade sector specific and stock specific
Here is the analysis of 20 Top Traded Sectors
Market seems to be stable right now as we have
6 Sectors Improving
5 Leading
3 Lagging
4 Weakening
Overall market may remain Sideways to Positive
Sector_trading
Dixon TechAfter a good consolidation period the stock is ready to give breakout. one can start accumulation. Also entire IT sector is starting to move which can lead not only pump in IT stocks but also a good moment can be expected.
Chart is self explanatory. Levels of breakdown, possible down-moves (where stock may find support) and resistances (close above which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Ester Industries is getting ready for an up moveEster looks like it's getting ready for an breakout, many of its peers such as Uflex, Cosmofilms have given a breakout recently. I expect the same from ester. Also financials looks healthy to me.
I am going to enter at CMP, I would be exiting only if it closes below 122.
Targets 170,180,190
I'm not SEBI registered. This analysis is purely for educational purpose. I am not responsible for your profit or loss.
Thank you
Pinnacle Trades.
Double bottom formed in Nifty reality sector.Double bottom formed in reality sector.
W pattern or double bottom formed exactly near 0.5% retracement level
Same bottom formed in 2 times..
Very bullish sign. we can go long with same keeping same low as stop loss i.e 251.
Risk reward ratio is awesome here