JINDALSTEL gave Flag breakdown after getting rejection by fibo level Looking weak below 257.50 Level , Gap down can escalate selling pressure View negates above 268 on the basis of candle close
VOLTAS is making a rising wedge pattern. The obvious move will be a break down of the wedge as suggested by the Divergence on RSI. Since price is moving up but momentum is slowing, a correction is expected. This is a short term market move and post a 3-5% correction, stock will continue it's uptrend or go into consolidation. Short below 820. Target 1-...
===================================================== ⭕ Day Trading opportunity ! 15 min Chart Alert !!! ⭕ Although RETRACEMENT IS PENDING !!!!!! --sell below =213.45 or CMP --Target = 208 --Stop-loss = 215 ...
Hindalco is consolidating and making Symmetrical Triangle Looks Good for Long above 249 Level Weak Below 241.50 Level for Short Trade Between 241.50-249 Avoid Trading
- Nifty 50 has been in a strong up move from several weeks and days. Everyone is expecting a correction. and this analysis shows the study which shows that Nifty 50 is preparing for a down move. - throughout it's upmove nifty 50 has gotten into a tight range now making a rising wedge pattern which has a high probability of breaking down and high profitability. -...
NSE:COALINDIA Swing Trading opportunity ! 15min Chart Alert !!! --sell below =113 --Target = 128.90 --Stop-loss = 135.50 --Lot Size = 6100 --Expected Profit = 25,000 ₹ per lot (3.12 % ) Technical Reasons to trade :- 🧢 1) Coal India has formed head & Shoulder Pattern 2) Volume is more than sufficient at the time of breakout 3) Trendline break & soon...
STRONG BEARISH CALL AS STRONG WEEKLY RESISTANCE WITH MOMENTUM AT OVERBOUGHT POSITION
Head and shoulder is formed on 15min chart and can expect 100 points downfall if nifty breaks the pattern. Plz suggest whether it is useful or not to you.
We can see a bearish pole & flag pattern in DMART on 15min timeframe. On Monday, if the opening price of DMART is in the range of flag then you can short DMART for intraday when there will be pattern breakdown alongwith good volumes. You can enter the trade when price crosses the low of breakdown candle. Risk management is the key. Always plan you SL before...
BAJFINANCE is currently trading in a channel in 1hr timeframe. It is testing the support of the channel for the 5th time. There are chances for BAJFINANCE to breakdown the channel ( not 100% guaranteed ) and take support around the horizontal lines which are placed around 4500-4650. If there is a breakdown confirmation alongwith volumes then you can SHORT FUTURES...
AUROPHARMA is in a rising wedge pattern & as it is mostly observed the rising wedge pattern breaks on the downside ( but it is not guaranteed ). If it breaks on the downside the horizontal lines will act as a support and any reversal candlestick pattern near the support can prove to be a entry point for a positional trade. If you trade FUTURES then you can short...
RBLBank is trading in a Rising Channel and Gave Closing above Resistance Looks good for Long above 240 Level (Green Line ) In Case of Breakdown Weak below 232 Level (Red Line) Between Green and Red line is No Trading Zone.
IBULHSGFIN is trading in a Rising Channel and making HL Looks Good for long above 198.80 Level (Green Line) In Case of Breakdown it is Weak Below 190 Level (Red line) Between Green and Red Line in No Trading Zone.
LUPIN is consolidating in a narrow range and a big move is coming. Short on the breaking down of the wedge for targets of 3-5%. Stop Loss should be placed anywhere above the lower trend line of the wedge. There are chances of breakdown and re-test hence keep patience for smooth down move. Any weakness in Index will be cherry on the cake. Charting is quite...
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AUROPHRAMA is taking support at Trendline Looks Good for Long above 876 level Weak below 860 level