Bandhan bank can be bullish?Can take long entry after the BO . 300 +levels can be seen in coming days. This is for your educational purpose only.
Sharemarket
BALKRISHAN TO TAKE LONGBalkrishan can be good trade once BO the TL. First target near 2350. Also if stock successfully BO the resistance area then the level of 2500 can be seen in coming days. This is for your educational purpose only.
Artemis at Break out levelA clear BO can be seen on the charts of Artemis stock. Can take long entry near the BO area for the 100+ target with minimum loss. This is for your educational purpose only.
Apollo Tyre to take long entryLets wait BO of TL & 50 EMA level before taking long entry. Stock in the uptrend in higher time frame. Will get good risk to reward trade. keep the stock in your watch list. This is for your educational purpose only.
Hindalco can be bullish?Watch daily chart of hindalco stock. A very high probability that stock can form bullish candle near the TL support. So on any bullish candle near the marked area would be the good entry with very good risk to reward trade. Keep the stock in your watch list. This is for your educational purpose only.
HUL long entryThis seems a small pull back in the stock. it may be halt near the support for some time before taking next big move. Good entry after the bullish candle near the support area. So keep the stock in your watch-list. This is for your educational purpose only.
IOC stock break out A fresh break out of IOC can be sen today on charts after the long consolidation. Levels of 95-100+ can be seen in the coming days. Keep the stock in your watchlist. This is for your educational purpose only.
ICIL break outExpecting 150-170 levels soon in the stock. High probability trade. Keep the stock in your watch list. This is for your educational purpose only.
Filatex Trend line break outKeep the stock in your watch list. TL BO has been confirmed on weekly & daily charts. Can take a long entry as per your risk-to-reward ratio with stop loss. This is for your educational purpose only.
Every ready to take long entryEvery ready stock is to take a long entry above 305 after BO of marked TL with a target of 340-355. Stock is forming a W pattern on daily charts, Previously from the area, well support has been taken by the stock. Now a high probability that the stock will move upside. RSI also took support at 40 & forming positive divergences. This is for your educational purpose only.
Crompton Greaves: Last Line of defenceIf the shares of Crompton Greaves break the levels of 260 decisively on weekly basis then expect levels of 200 for this share in the coming weeks. However, this level is a good support and if held, this level could also act as a zone for reversal in the future. Act only once the stock has given a decisive breakdown (for shorters).
ICICI BankICICI Bank has declared a solid set of numbers. ICICI Bank remains one of the strongest banks in the country. Technically also I believe that this is one of the strongest stock in the stock market. In my opinion, one can go long in this share above 940. Hold for long term if 940 is taken out.
HDFC STOCK BIG BREAKOUT.Great BO with bullish candle now HDFC stock is consolidating for a while . This happens when expected for a big move calm before the storm. Stock is forming the flag pattern. Can take entry after the BO of the pattern with Good risk to reward trade.Keep the stock in your watch list. This is for your educational purpose only.
UPL intraday trading guidance.As upl is trading in bullish zone and it have made a channel pattern with consolidation, we can buy it above the channel breakout.
UPL buy above 739
target -744, 750
SL -736
IDFCFIRSTBANK IN BEARISH MODELook weak chart of IDFCFIRST BANK. Stock is always rejecting from the marked TL & forming lower low on regular intervals. Looking more bearish if stock BD the support level. Expecting 45-40 in coming days if support broken.This is for your educational purpose only.
Indian hotel stock to take long entryWait for the right opportunity to take entry in the stock. Either buy at Retest of the TL or after the BO of the resistance. So it will lead to good Risk to reward trade. So add the stock in your watch-list. This is for your educational purpose only.
Jubilant Foodworks Bottom fishingIt does look like this will be the bottom for Jubilant Foodworks, with a doji on monthly time-frame forming at a crucial level. Keep a track for signs of positivity next month. I like the business fundamentally and technically if this turns out to be the bottom, then it might turn out to be an easy outperformer in the coming years.
BDL stock at cautious level.This is for your learning skills. Already in past to told your how we can avoid false break out. But not always as part of trading.
So watch the BDL stock & follow below points for your education & learning.
1) Bullish Break candle at resistance area.
2) Very low volume as compare to previous High volume on bullish candles.
3) RSI not able to cross 60 levels. Daily & weekly also below 60 EMA.
4) High resistance zone near 925. So Risk to reward not good.
We may be wrong but rigorously follow our trading plans to avoid loss.
Hence, Point nos 2 to 4 are negative biased . So currently we must avoid buying. But if stock retest & move upward again then we can enter in the trade as re-test entries are more powerful move.
SELL Swing muthoot FinanceSell muthoot finance below 960 for the target between 910-900 with strict SL of 990. Reason for your learning of taking short call 3 star trading setup
1) Stock Rejecting 50 EMA Level.
2) Support will be BD again below the 960 level.
3) RSI too Rejecting 60 level. Even not able to touch the 60.
All above points shown weakness in structure of the stock. This is for your educational purpose only.
Chola finance in bearish modeIn coming days we can see more weakness in stock if trading below 200 EMA. Shortly we can see the 690 to 650 levels soon in the stock. So add the stock in your watch list.This is for your educational purpose only.
Infosys formed M Pattern in Parallel Channel from Apr 2022Hi Folks
Please focus on Infosys, it formed M Pattern in Week Chart thru Parallel Channel from Apr 2022...it will decide market direction.
KHADIM STOCK WELL SUPPORT TAKENLook Khadim stock very well support taken but be very cautious very bullish candle or can say sudden spike in a single day might be fake BO. So lets settle the stock above the 50 EMA for some time or entry to be taken on re-test around 195-200 level . Keep & watch this stock . This is for your education purpose only.
