Sma
SWING TRADE - COAL INDIA LTD - R:R @ 1:2Potential Opportunity as Swing Trade in NSE:COALINDIA
Risk : Reward - 1:2
ENTRY - 167.00
TARGET - 187.00
STOP LOSS - 157.00
This is for Educational Purpose only, apply your prudence & consult your adviser before any investing.
HAPPY TRADING.....
#nse #swingtrade #nifty #coalindialtd #coal #nifty50 #priceaction #supportzone #trendline #retest # retracement #bullish #riskrewardratio #sma #simplemovingaverage
Bhel is at support.Disclaimer :- This is not any buy or sell recommendation. It is just my view on this counter. Kindly consult with your financial or investment advisor before investing.
Bhel has taken a support on weekly chart at 50 sma and 50% Fibbonacci retracement has been done. Stocastic rsi is giving support also. Support level is around 48. And upper levels are 60, 65, 75, 80 Respectively.
PENNANT & POLE PATTERN BREAKOUT AHEAD !SAIL : As you all can see that SAIL is forming pennant pattern from around 07 may 2021 , it took around 70 days to make this pattern. Now pattern is almost about to give a breakout / breakdown.
If it gives breakout , it will also break the 50 simple moving average (green line in the chart ) , Which is a strong bullish sign. Pole height is around 60% this implies the stock has more room ahead to move. If not 60% , 20% to 30% is also a good target for short term.
Lets keep Entry above 130 and very short term swing target of 148 .
Mid and long term holders can keep high targets.
This was my personal analysis on the stock and it was only for educational purpose. Feel free to share your views/ feedback.
Will this breakout happen ? Long Ride Time !Eichermotors : 1) Chart analysis : Stock is forming sort of a triangle pattern and it is very near breakout zone. Keep an constant eye on this stock as breakout is possible any moment if market supports the momentum.
Only enter the stock after the breakout with good volumes.
2) Indicator analysis : As you all can see green moving line , its 50 Simple moving average. Stock just took support from its 50SMA , this is positive sign .
3) Fundamental analysis : ROCE = 17+ , ROE = 13+ , Current ratio = 3.5 + , Debt to equity 0.
I gave my analysis on this stock when it was at 2481 price , CMP is around 2712 and again there is chance of breakout .
Find below link to my previous analysis.
Note :-
*This analysis is for educational purpose , feel free to share your queries/ feedback.*
Coal India: Short term to Mid term bullishAll indicator are positive in daily chart Price above Ichimoku cloud, Conversion line, and lagging span also above the cloud. CMP above all moving averages. Daily MACD cut on positive side, Weekly MACD cut finished buy not yet price shoot up. Upcoming weeks may expect the upward side. These parameters may help to reach the targets. In monthly chart, indicators are loosing the strength on bearish side and slowly turning to positive side.
Vijayaraghavan.K,
Kovilpatti, Tuticorin Dist.
Technical Analysis: EURUSD eyes 1.2300 amid Brexit, US stimulusWith the recently upbeat markets, amid hopes of a Brexit deal and the US coronavirus (COVID-19) aid package, EURUSD is up for grabs ahead of Christmas. While the key fundamental events are yet to be announced, no major negatives are likely to erupt, which in turn cuts the US dollar’s safe-haven demand. Technically, the currency major’s ability to stay past the two-week-old rising trend line keeps the buyers hopeful. As a result, EURUSD is readying another battle with the weekly resistance line around 1.2230. However, a successful break of which might not refrain from crossing the monthly peak near 1.2270 to aim the 1.2300 round-figure.
Meanwhile, a downside break of the stated support line, at 1.2150 now, will have another back-up in the form of an ascending trend line from December 02, currently around 1.2100. Should EURUSD bears manage to conquer 1.2100, 200-SMA near 1.2010 and the 1.2000 psychological magnet will gain market attention. Overall, the bulls are set to question the early 2018 highs until the EURUSD prices drop below the August month’s peak of 1.2010.
SIMPLE MOVING AVG 10,20,50,100,200 with RESOLUTIONMoving averages work quite well in strong trending conditions but poorly in choppy or ranging conditions.
use this indicator along with Price action theory and not alone.
Moving average crossovers are a popular strategy for both entries and exits.
MAs can also highlight areas of potential support or resistance
Simple strategy for investors and long term positional tradersPresenting a very simple strategy for investors and long term positional traders using 200 day SMA and MACD to achieved good returns by riding bull run and cut losses early.
Please share your feedback and suggestions. _/\_
Watch for trend change - EsterTechnical :
RSI - Oversold
MACD - Possible curve in coming days
Current price far lower than 10/20/50 days SMA. Generally price trend to close gap with SMAs in certain period. Either SMAs should come down OR price should go up.
I will better watch for price action and enter once I see MACD giving right signal. Company results are scheduled on tomorrow so also check for no bad news before entering.