RELIANCE undoubtedly is a stock that managed to dodge the market carnage and gained significantly in the last two months. However the shorter time frame chart suggests profit booking and this could continue. The stock can find significant resistance near 1530-1570 levels. Upper range of this level can be used a stop loss and any move towards these levels can be...
Maruti Cmp 5126 On daily charts we observe 3 white soldiers candlestick pattern Any dips towards 5080-5050 may be considered as entry opportunity Target 5350 / 5575 / 5633 / 5820 SL Short term traders can keep SL @ 4980 Medium term play ( target 5620) - SL if closing below...
The crucial level on Fibonacci of 61.8% i.e. 762 have been tested several times but couldn't hold above it. It is expected to see a breakout above 790 level which is very important to break for an uptrend. The buy call has been called above 790 for the target price of 900 which can be achieved soon.
Stock is moving in a clear uptrend, you can trade on both the side in the channel. When touches the trend line on down go long and sell on the upper trend line for the short term. Trade for 1st June can be taken to short it for the target price of 1230 as from the divergence can be seen. Pro tip - Swing traders can hold the stock for the short term. It is...
Hello Trader, Here is the full analysis of AUDHKD: 1) On 1hr chart we can see it as formed Crab pattern and possible reversal expected. 2) Price is moving toward strong resistance zone and can test this zone for up move and if it fails then on basis of crab one can look for short. Technical Indicators EM200 - above 200 ema RSI (14) - 66 ATR - high...
Kotak Looks strong when banking sector is down it is a risky trade but it will reward nicely in short term.
i dont think gold will to continue going up for a while Please like and support and dont forget to share your valuable feedback
Tata chemical breakout was seen. BB & MACD Also Give Signal To sell. Lets see what happens now ?
Tomorrow , if Cipla open near 622, and if share price is near 633 at 9:30, buy the shares. Keep a Target around Rs650 and you may place Stop loss as you wish. if the trend is downwards in the preopen market, then do not buy the share. For traders who wish to hold for 2-3 days, hold the share till target of 666.
BPCL if able to maintain a level of 325 , can move upto 370. On weekly timeframe BPLC trading around important support of 320. I am a beginner, sharing my ideas to get your feedback and improve. Will update once i trade in this script
1. Price Movement Stuck in Descending Triangle Pattern. 2. On Drawing AB=CD Pattern Recent Low and High. Recently, Price Retrace to 0.618 Level(AC=0.610). 3. Lets Find the reversal point. Assume BD=1.27 D Point Formed = 1253 4. Sell Below: 1300 Target: 1290, 1282, 1275 , 1253 Stop Loss:1308
In a daily time frame HDFC LIFE has given a decent breakout. Also the market is expected to open higher so positive for this
NSE:MCDOWELL_N Buy above 550 For Targets 570, 580, 605,650 With support 530 Tomorrow If Gap down bring the stock below 505 sell it for target 460 With support at 520
Asian Paints could witness selling pressure in the short term. Presented below is analysis of the stock in multiple time frames. Pitchfork analysis show that the price has tested the median line in the upward channel in a weekly time frame. A break below that could take the price to lower levels- possibly to 1620-1530 in the short term.
Clear Recent Uptrend In BajFince after Rejection from Monthly Support... It has Broken Day trendline looking Good for Long. There is no Strong Resistance until 3000... It is a Good Buy for Upcoming weeks
HDFCBANK WAIT FOR BO Enter above today high. Entry : 960 Target : 988, 1077 Suppor: 920
HDFC TRIANGLE BREAKOUT SUPPORT 1695 RESISTANCE 1762, 1840 Entered @1705
Buy BAJAJ FINANCE at dips near 2000-2044 support near 1960-1950 Target 2200-2400++ (Short Term)