With the recent downfall in the market, Bharti Airtel broke its trend line and unable to make a higher high due to resistance from the multi-year trend line. At the bottom, it is standing at a very important support/demand zone, if broken, one can look for short sell with given targets. If it sustains above the support, it will be a potential consolidation and...
#ultratechcement showing weak signs with nifty breaking its trendline today, market may be bearish for the next week also, RSI is near 40. if ultratechcement breaks trendline, you can easily short it for good profits if it takes support at the support zone, then go for a long position. market is supreme and we should always respect the trend #stockmarketindia ...
MFSL forming double top formation if it takes support from the blue zone, you can try going long else, if it breaks the trendline, you can go short disclaimer: markets can be irrational since budget is near.So trade wisely
as you see last 2 times eth fall by 20+ % after rising wedge breakout probably chances of the same pattern is high. you can conform it after a breakout ps: I'm not a financial adviser trade at your own risk.
Coforge is taking support on a trendline on 4 Hour timeframe. And taking a horizontal support too at around 2420. And according to the short term fibonacci it is exact at 0.236 and according to medium term like from 21 Dec it's at 0.786. If it takes support at 2420 and Nifty is also bullish then wait for an 1 Hour candle to close above 2450. Summary For Swing...
as discussed in the last eth chart out triangle broke upwards and we hit all our targets now as you see we may play a short trade for little profit because of the resistance line of that channel. SHORT entry: 1390 Exit: 1320 (1330 for safer side) according to my chart analysis, the chances of ETH reaching 1500 is very high in the next 4-6 days
Forming a symmetrical triangle, can go either sides. Levels and execution points are mentioned.
major resistance and support zone if banknifty want to moves either in direction !
NSE:PEL (FOR LEARNING PURPOSE) Price Increasing on contracting volume Possible Retrace down could happen before rallying up Entry for Short - MARKET Target - 1300 Entry for Long - BUY WHEN PRICE RETRACES TO 1300 ( ON VOLUME CONFIRMATION) Target - 1630
Stock is in good value area. Might give momentum in either direction. Worth keeping a watch!
Stock is moving in a channel. Currently at support / lower end of channel. As this level have been tested multiple times, might break and give a short opportunity ! However, a good bullish signal / candle might also give a good long opportunity + good R::R! Worth keeping a watch! Note: Stock is in downtrend from last 2 years!!
Head and shoulders can be witnessed on chart! look below 34.45 for 31.65 or look above 35.75 for the targets of tgt1-36.75, tgt2-37 and tgt3-38.55! Happy trading! :)
If Price sustained below 560 will lead to attain the target of 553/539/527 with sl of 593 **Educational purpose only
nifty i m looking for pullback (conditional) of 300/400 points from 10320 to 10430 zone)
Check detailed description in chart **Educational purpose only