In Daily Chart Analysis, Bank of Baroda is clearly showing weakness and has taken support at 63. Once this level is breached it can easily swing low to 55 and 45 respectively. Looking as Bank Nifty is showing weakness, BOB can easily be targeted by Cash and F&O traders.
It is enough of bullish trend when market has no more buyers at this level, more negative news is in this weekend. LOCK down and Covid19 rising cases all over the India.
Short if the price go below 2475 Stop Loss 2555 Target 2315 Reason for short: Head and Shoulder Pattern Disclaimer: Please do your own analysis and don't follow me blindly
LT is forming a falling wedge pattern which is a Trend continuation pattern. As LT is sustaining below 200 EMA it indicates that stock is in downtrend and falling wedge formation gives strong setup for shorting stock in intraday basis. Look for the open of market if the range or wedge is broken down go for short trade. This is just my view. Trade at your own...
After a huge rally can see a clear divergence in RSI and MACD, Price can correct till the mentioned levels in the chart.
Rec is trading below 200 ma and it’s has given good reversal from Fibonacci 61.8% level. We also drew the resistance line and we observed increase in bearish pressure(selling) at resistance level. For next week or coming days we can see double bottom pattern but for this week look for short opportunity. Trade safe
Lic housing has broken its major trendline & its sustaining below 200 MA. Talking about bigger trend we can observe the correction that happened after trendline broke had sustained at Fibonacci 61.8% level. Mostly stock that gives reversal from golden zone tends to continue its trend with good volume but in case of LIC HOUSING the volume has been decreasing thus...
NSE:RELIANCE1! The stock looks weak below 1980 and can head lower --Sell below = 1980 --Target = 1940 | 1900 | 1850 --Stop-loss = 2060 --Expected Profit = ( 7 % ) --Expected Holding = 10-15 days only All ideas shared are for educational purposes.
All Details ON Chart Target; Above 200 ema
NSE:INFY The stock looks weak below 1325 might head lower towards 1300/1275/1230 levels in the coming days. --Sell below = 1325 --Target = 1300 | 1275 | 1230 --Stop-loss = 1360 --Expected Profit = ( 7 % ) --Expected Holding = 10-15 days only All ideas shared are for educational purposes.
Please Find Analysis mentioned on chart.
WOW WOWW WOWWW what do i say guys..... 😍 heavy breaout....where is it going ? we recommented it at around 970-80 range now it gives us 40%+++ returns (link provided in the related links area u can check it) hope you all boooked good profit.right? One thing I always say is don’t miss opportunities Take a look at how many stocks we have discussed...
🍁 boro ltd 🍁 buy @ 181 strict sl 178(risk 3 points) trgt 195-205-218-254 jackpot (just risk 3 points may be get huge reward)✨✨ just study ,if u r ready to risk 3 points just enter. lets wait it's a multibagger one in my view(only my view) 💠forming descending triangle 💠180-79 range acting as a major support and if it fall below that level just exit...
RELIANCE has from InvertHead&Shoulder pattern. Fresh Selling can be done on 1970 level for initial Target of 1900. And carry forward to 1800 levels in coming days with SL of 2030.
NSE:TATAMOTORS is forming Double Top or you can say M pattern on 15 min chart .. which is considered as extremely bearish. Levels are mentioned in the chart To be safe Short below : 289 Target : 282 or below P.s : I am still in learning phase ... all the critics are appreciated .. please let me know if i am wrong. Note : This is for educational purpose...
Looks like a good short keeping in mind the risk-reward. Reclaiming the range would invalidate the trade. Entry: 58,380 SL: 59,107 TP: 55,169
The uptrend strength has weakened, may just be the start of a short bearish trend. Let's see...