Keep 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 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.
If 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 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.
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.
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
Look 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.
Wait 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.
It 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.
Exide share buy 176 stoploss 170 target 200 + next month
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....
Sell 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...
In 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.
Hi Folks Please focus on Infosys, it formed M Pattern in Week Chart thru Parallel Channel from Apr 2022...it will decide market direction.
Look 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.
Dear All As per my understanding, I am sharing some Bank Nifty levels. It's only for learning purposes. Keep Learning about the charts. For the suggestions kindly tell me. Thanking You.
Long IGL above 435 levels for the target price of 455-460 . All important levels has been marked on the charts. 5 star Trading setup analysis: 1- Star- RSI taken well support at 40 levels sharp V turn. 2- Star- Resistance BO with very strong bullish candle & trading at support level. 3-Star-- After the second BO of marked resistance area well confirmation and...
BCG is one share that was hyped in the Indian Stock Market by some famous names and all looks well when the stock runs up, the real test happens when issues come up and stock starts to correct. With no respite in this stock, many retailers will have to book losses. As per price action, this is the last level. Hence, this post comes as a reminder to always buy what...