Power Grid stock in uptrend & at BO levelWe can see Power Grid stock in uptrend & successfully BO the level of 173 & trading above the 50 EMA Level. Now since last 3 days stock is trading in a range. Now next big move we can see after the BO level of 183 as marked in the charts. Also we can see the minor pull back. Also on weekly chart a bearish engulfing candle has been seen. So let's wait for the complete BO before taking long entry. Target level is 190 & above 190 we can see the 200 levels in the stock.
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 sharing is for educational purpose only. In case any suggestion advice required feel free to ask
Sharemarket
M_M Finance on bullish trendOnce Again stock of the same M_M is also at BO level & long entry can be taken above the price of 600 for the next target of 625. This stock is also very bullish & forming higher highs. after 630 we can see the levels of 670. As consider to RSI a minor pull back can be seen but stock will ready for the BO. 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 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 sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
Mindtree stock at very import level of BO for long entryOn monthly chart we can see the stock is ready for the BO level. Stock is in uptrend & trading above the 50 as well as 20 EMA level. So above the level of 1025 we can take the long entry for the target price of 1055. Once stock able to cross the level of 1062 than we can see the level of 1100 soon. As this is 52 week high level for the stock a high selling pressure can be seen. but this would be minor retracement. So in upcoming session will take entry after analysis the shorter time frame. This is very good opportunity for investors, swing traders etc. So add the stock in your watch list to see the price action movement in the stock.
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 sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
Tech mahindra stock to be taken for long entry.clearly, we can see after the BO level of 630 stock has sustain very well & closing of the day is above the level. So now once again after the BO level of 655 we can take long entry for the target price of 670 & after 680 we can clearly see the 715 levels in the stock. but in case of weak global sentiment this stock can go in bearish mode. So the best practice is to keep the SL trailing in these type of stocks.
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 sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
Titan share for long entryWe have picked up titan share for long entry above the level of 1060 for the target level of 1084. The stock is trading in the range since long time.
Stock is trading above the 50 EMA level . 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 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 sharing is for educational purpose only. In case any suggestion advice required feel free to ask
Lupin stock in bullish mode.Stock of Lupin stock in bullish mode. on daily & hourly time frame the stock is trading above the 20 EMA level & making higher highs. See the stock is trading at the trend line marked. Now wait for the ATP & Resist. level @ above 865 to be broken before taking entry in the stock. The target level is 875. Once the stock cross above 880 we can see the level of 900. So add the stock in your watch list & 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 opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask
Relaxo foot wear stock in triangle formationLet's wait for the BO or BD of the triangle pattern. So either side we can take the trade in relaxo footwear. Yesterday same pattern given for just dial & we have got the nice results through BD level.
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 sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
Chola finance is on bullish mode On daily chart of Cholafin is on bullish mode & trading above the 20 EMA Level . RSI level is also above 60 which is again the sign of strength. Now above 224 after the BO as marked will take long entry for the next target level of 235 - 240. So add the stock in your watch list & see the price action movement of the stock.
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 sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
Stock of berger paint is at BO levelStock of the berger paint has shown the good strength & buying .Above the level of 521 we can take the entry for the target level of 530. Again if we got another BO after the trend line broken than the next target level is 550. So add the stock in your watch list for 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 opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
ICICI Bank on bullish modeStock of ICICI bank can be seen in uptrend & forming higher highs & trading above the 20 EMA. Now level of 380 is daily BO for this stock. So lets wait for complete BO of the trend line above the level of 380. So after the successful BO we can expect the target level of 395 -400 very easily. 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 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 sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
Bharti infratel is at bearish modeStock of Bharti infratel is trading below the 20 EMA level & trading below the support line @ level of 197.30. So if the trend line as marked in chart broken than we can take short entry in the stock for the target level of 190. so after understanding market conditions will take the short entry in the stock.
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 sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
BEML can take short entry BEML stock is in bearish trend & today closing of the stock is also below the 20 EMA Level.So below the level of 648 we can take short entry for the target price of 640-637. Lets wait proper break down of the trend line before taking short entry. So add the stock in your watch list to see the price action movement in the stock.
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 sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
Just Dial share .Share of Just dial trading in the zone for the last 12 days. Now forming a triangle pattern on 1 hour time frame. Let's wait for the BO or BD of the pattern accordingly will take the entry in the trade but more probability of BD is possible & will take confirmation before taking the entry. So add the stock in your watch list to see the price action movement of the stock.
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 sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
Fortis healthcare share at BO level.Let's wait for the BO level @ 135 of fortis healthcare. this is very major resist. level for the stock . once broken we can see the level of 140 in the stock. Now can see stock is in bullish mode. for quite some time this stock in sideways but will take entry after the clean BO in the stock.
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 sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
Gujapollo Short entry to be takenIn Gujapollo share we can take short entry in the stock below the level of 175 till 168 & 160. As clearly seen support level of 180 has been broken & negative divergence has been seen in RSI. Also the stock is trading below the 20 EMA level. So add the stock in your watch list to see the price action movement in the stock.
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 sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
CumminsIND share for long one.Cumminsind share is now sucessfully trading the above the support zone & confirmed the probability to move till the marked resist. level. RSI is divergence is also bullish . So above 395 level we can take the long entry in the stock for the target price of 430. SL can keep 380 & 375 as per your Reward to risk ratio.
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 sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
Grasim share to take long entryonce again we can take the long entry above the level of 610 in Grasim stock. In daily chart the trend line has been broken & the stock trading around the 20 EMA Level & can see more strength in the stock for the target level of 630 & 645 level . So add the stock in your watch list to see the price action movement in the stock.
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 sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
Dabur long entry can be taken.Now Dabur stock is on bullish mode & making higher highs for past few days. Now as marked the red trend line we can take the long entry above the level of 490 for the target price of 505. Stock is trading above the 50 & 20 EMA moving average. As can RSI is at 68 level & negative divergence seen so a bit cautious but stock is more likely to move upward. So add the stock in your watch list to see the price action movement in the stock.
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 sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
Havells on breakout level ready.Clearly, We have seen the BO has been completed above the level of 587 & closing of the stock is above 590 . Hence this is the sign of strength & stock is trading above the 50 EMA level & +VE bullish candles forming. Also we have seen the Flag pattern on the charts again the sign of bullishness. So in two ways we can take entry in the stock pull back or BO. Pull back traders wait for the stock to test the support level & in past we have also seen many times this stock retest the support area before moving to the target. For break out traders can take the entry above 592 the next BO of the stock for the target of 605 level. Both ways are good to trade but accordingly you have to keep the SL. So add the stock in your watch list to see the price action movement in the stock.
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 sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
Muthoot Finance share on bullish mode.Clearly on all TFs muthoot fin share on very bullish mode. On daily chart Double bottom formation on the chart. Now long entry can be taken after the broken of neckline of the pattern above the level of 1210 till the target level of 1280 as marked on the chart. A minor hurdle can be seen @ level of 1235. So add the stock in your watch list to see the price action movement of the stock.
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 sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
Bankniffty on bullish mode.Clearly, We can seen the strength & momentum gain on the charts of Banknifty. We can take the long entry after the BO level as marked in the charts at the level of 22090 for the 1st target of 22300 & once successfully cross this level our 2nd target to book the profit is 22566. So after checking the market conditions & global view will try to take the long entry in the index .RSI is also showing bullishness & stock now trading above the 20 EMA level.
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 sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
HDFC bank ready on bullish mode.Once again after taking the support of 1037 stock of HDFC bank is on bullish mode & trading above the 50 EMA level. So again good opportunity to buy the stock above 1100 for the target price of 1125 as marked on the charts the range of small gap filling to be completed. Once stock trading above 1130 we can see the next level of 1175 very shortly. 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 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 sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
M_M share also on bullish mode.Another stock of the same group M_M is also at daily BO level & long entry can be taken above the price of 590 for the next target of 605. This stock is also very bullish & forming higher highs. As consider to RSI a minor pull back can be seen but stock will ready for the BO. 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 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 sharing is for educational purpose only. In case any suggestion advice required feel free to ask .