Tomorrow let's wait to break the triangle pattern to take the trade as shown in the charts. Add the stock in your watch list to see the price action movement.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right...
please check ACC can be taken for short entry ..... As per marked levels..
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The...
Idea share price has been following trend within trend with ascending triangle. Hope it will touch level Rs 20 to 30. then sudden down or range bound possible.
Short term target Rs 10 to 12
Mid term target Rs 20 to 30
Duration 20 to 90 Days
Disclaimer: Stock Market Is Subject To Market Risk. Buy Sell Is Your Choice.
Cheers!
Vikas Gupta
Clearly, We have seen on the daily chart of HDFC bank is at break out level. Stock is on bullish mode & trading above the 50 EMA level. Also we can seen the W pattern forming on the chart. Once the stock able to break the upper resist. level as shown in the chart & able to sustain than we can see the target price of 1124-1130 .So add the stock in your watch list...
On daily chart Grasim industries share is going to be ready for another breakout @ level of 633. Stock can be taken for the level of 700. but before going to 700 stock will be tested the minor resistance level @ 650 & 670. on daily chart cup & handle formation has been completed . So add the stock in your watch list. Entry will be taken as per marked trend...
We have seen clearly Adani port break down has been given just now from the channel pattern. Now the stock is trading below the 50 EMA . So from this level @ 341.8 this can be taken for short entry till near support of 335. If beyond this stock move we can see more weakness in the stock. So add the stock in your watch list & see the simple price action...
On daily chart we have seen stock in the uptrend & forming the cup & handle pattern. Now long entry can be taken for the next level for 425. This stock may face the minor resist. level @ 403. After this stock can touch the level of 425. So add the stock in your watch list to see the price action movement.
Always do trading as per your Reward to Risk ratio means...
Clearly on all TFs ACC stock is gaining the momentum & trading above the 50 EMA level. Also RSI level is indicating towards uptrend.So in next trading session in any pull back at lower side but above the level of 1280-1285 try to take long entry for the target price of 1308. Next major resist. level for the stock is 1320. Once this level crossed & stock able to...
Cleary very bullish Bharat forge is on very bullish mode & stock in uptrend. The same is at daily BO level of 338 . We can take the long entry for the text level of 346 to 350 . The stock is kept on moving. . Resist can be seen @ 352. so Add the stock in your watch list
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford...
Clearly, We have seen daily BO given by the HDFC Life share. In this sideways market only a few stocks are able to get the good performance. so after deep analysis we have got the stock. so we can take the long entry above 548 & till the target price of 572 with SL of 541. Stock is on bullish trend on TFs & forming higher highs. Also the neckline of double...
As we saw yesterday Reliance took a dip to 1564 region which was Target 1 and bounced exactly form support to break the previous ATH of 1620 and made a new high of 1626.70, which brings back reliance in a bullish trend. As on 16/06/2020 if reliance opens in positive and holds up to previous days gains, Buy Reliance above 1627 with SL of 1623 with a long term...
SO HELLO TRADERS AND INVESTORS....
THIS STOCK WILL DEFINATELY PROVE YOU AND ME LUCKY IN THIS WEEK OR MORE...
AS PER MY ANALYSIS IT IS BULLISH DUE TO THE FOLLOWING REASONS...
POSITIVE HIDDEN DIVERGANCE
BULLISH HARAMI CANDLESTICK PATTERN
FIBONACCI RETRACEMENT SUPPORT...
TREND IS UP ALSO UNDERLAYING MOMENTUM OF THE TREND IS ALSO UP...
STOCK IS OVERSOLD.....
AND ALSO...
NSE:ICICIBANK is making a perfect W pattern on multiple time frames. Its an a positional call holding on 5 to 15 days.
Its forming a double bottom reversal pattern. Its breaking a neck line almost we can expected move on 95.25 points at the level of 437.05.
Long above 345 to 350 levels
Stop loss 322.65
Targets 1 - 389
Targets 2 - 408.10
Targets 3 - 437.05
TCS Breakout bearish traingle and move toward 5 th wave (Final wave ) we can see Target toward 0.6 fib level target toward at 1500-1456
Take entry according to the charts and use proper stoploss i make it with red line
you can long nifty at current price with small stoploss
nifty is on that moment where Long and short possible bt you can take risk of 1 % ( 8186 )
Nifty
Buy 8253
Stoploss 8186
Target 8300-8350-8388-8475
Currently cadila health care is taking support zone 250 and trying to break trend line. Once real breakout happens it will showing us 25 to 30% growth, where target will be 360 to 390.
Duration 20 days to 150 days.
Disclaimer: Stock Market Is Subject To Market Risk. Buy Sell Is Your Choice.
Cheers!
Vikas Gupta
