BANKNIFTY FORMING HEAD AND SHOULDERWe may see Head & Shoulder pattern being formed
Pattern active on breakdown of 35200 zone
idea invalid above 35500
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Stockmarketanalysis
LIC HOUSING : CASE OF BULLISH REVERSALStock is making a diagonal pattern, (should be treated as leading diagonal) . Anticipating a bottom formation one should go long on the stock on current levels with SL of 320 (clbs) and look for the target of 410 and 450 .
CIPLA: BULLISH FLAGStock is has formed a bullish flag pattern on weekly chart being the support region near 850 zone & resistance area at 1000 zone. Any sustained move above the level of 1000 will lead the stock to the new highs in a very sharp upside rally. Stock is consolidating from last 1 year , so the momentum after the breakout wil be strong.
Trading strategy:
Buy above 1000 with SL of 920 and look for the immediate target of 1100 and 1150. The measured bookish target for the bullish flag is coming about to be in the region of 1250.
India Cements Ltd India Cements Ltd if this level sustain then we can see long move try to accumulate we can see 40% up move
McDowell: bearishStock is taking a zig-zag correction. Any bounce should be taken as selling opportunity preferably in the region of 825 with SL of 860 and look for the target of 725/680
BALRAMPURCHINI: BULLISHStock is making HH HL on every time frame . One should buy the stock with sl of 409 & look for the target of the 465/485
HCL TECH BULLISHExpecting bullishness in #HCL_TECH in the short term untill it breaks and open & close candle formed below 1060 levels.At the same time Indian IT index took support around first level retracement area and its moving upside.Even though all looking good still Ukraine-Russia crisis hearing in our ears,so we should act according to global cues(Taking decision according to global cues is only for swing and short term trades).So as i always say whatever we do,must follow risk reward and money management.
For longterm its just a beauty to add on dips. Have a good trade.
Focus on this stock break out is done ....#TECHMfocus on it good move coming soon......................................................................................
JK CEMENTS BULLISHWe need some conformation in Jk cement and the scrip at good demand zone,expecting 12% ROI for a swing trade.As i always say whatever we do must follow risk reward and money mangement.
Why is SGX Nifty Up by 300 Points?? BUY Or SELL ?? Dont miss#NIFTY_ALERT:_last Closed @ 16233
Yes, I want two Things is next Friday, One More Panic NEWS.
REGARDING WAR, and NATO Statement, Yes ABOVE 16370 WILL ZOOOOM To 16670_______16830
yes, Fresh Around of Buying !!!
KAL YE BOLA THA YAA DHAI KI NHI !!!
Yes, We Clear TOLD ABOVE 16370, Go Long... HAVE YOU SEEN OR NOT OPENED @ 16449
KISSED 16776
Now Keeep YES On 16630, Yes, ONCE BREAK & STAY BELOW THIS LEVEL,
WILL SEEE PANIC UPTO__16470__________16370 m YES THEREAFTER MORE PANIC
BELOW 16370, ....WILL SEEE 16270_______16190
YES LAXMAN REKHA- 16770________16830 LEVEL , YES ONCE CROSS_ 16830 LEVEL, WILL ZOOO, TO KISS
17030____________17147, YES FINAL TARGET
ROUND- 17170___________17247, GO SHORT.!! No IF NO BUT..!!
Our Motto- Learn & then Earn
BHARATFORGE can give 13% returns Trading rangeI will go LONG on BHARATFORGE because:
The price is under Support/Resistance zone.
It has touched the support and may reach the resistance zone .
Target would be the Resistance area .
Book profit when it reaches the resistance zone .
Entry - 729
Target - 850
Stop loss - 700
BankNifty Spot Weekly Outlook For Expiry Week ( Feb28 - March04)As discussed in Last Analysis Below 36878 low weak done all levels on downside 36451/35760/35068 Achieved.
Falcon Analytics Outlook Bank Nifty for the week (Feb 28 – Mar4)
Technically on the daily charts we see major support on the downside for BankNifty index lies at 35322 levels,
whereas major resistance on the upside is capped around 37662 levels.
If BankNifty index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 35599 / 33429 and and if breaches major resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 37662/38385.
Currently BankNifty index is just trading above 200 day EMA @ 36206 suggests long term trend is Bullish .
Falcon Analytics predicts range for the week is seen from 33429 on downside and 39555 on upside.
( All Spot Levels)
RESISTANCE 4: 40725
RESISTANCE 3: 39555
RESISTANCE 2: 38385
RESISTANCE 1: 37662
WEEKLY PIVOT LEVELS: 36492
SUPPORT 1: 35322
SUPPORT 2: 34599
SUPPORT 3: 33429
SUPPORT 4: 32259
All above views for education purpose only.
Regards,
MD.
BRITANNIA INDS. BULLISHWow,Britannia Industries trading near its super demand zone.Can consider for swing trade with around 9% ROI and also for short term with around 16.95% ROI.As i always say whatever we do must follow risk reward and money management.Have a profitable trade.
INFO EDGE BULLISHInfo edge I mean NAUKRI is in good mode for swing and also for short term.Currently it is trading near it's super demand zone and i'm expecting 10% ROI for a swing trade.But keep one thing in mind,still Ukraine crisis going on,so take trades cautiously and follow risk and money management properly.Have a good trade.
HINDUSTAN COPPER BULLISHOnce again it's me guys,good afternoon. We got a good oppurtunity for a swing trade around 20% ROI,let's make use of it. As i always say,whatever we do must follow risk reward and money management.
TCSTCS,thalaivan is back to form makkale.Let's make use of it.If u liked my ideas kindy follow and comment your thoughts in the comment section and as i always say, whatever we do must follow risk reward and money management.
SBI CARDS SBI Cards is in good mode for swing trade with around 12% ROI and also for short term around 16% ROI.Let's Maja ahgaye!!
(As i always say whatever we do,manage your risk reward and money management.)
ULTRATECH CEMENTGood opuurtunity for long term investers and also for short term investers too. This Ultratech script is in good form and strongly have my conviction that it may reverse from around this level or around 6200 range and my stoploss for short term trade would be around 6170 level.Long term investers just accumulate this legend for good ROI.
SAIL I hope this would be the turnout area for the stock SAIL.Anyway this turnout is only useful for long term investers only, not for short term and swing traders.As i always say whatever we do,manage your risk reward and money management.Let's enjoy together.
Market prediction before opening #nifty market will open huge gapup(around 16500) and go up first till it faces resistance at higher level and then it will start selling till 16400 then it can consolidate around it
Market prediction before opening #nifty Market will open huge gapdown
if market opens between 16850-16900 then it will take resistance around 16920-16950 and then selling starts till around 16750
if market opens below 16850 then resistance will be 16850-16900 then selling will start till around 16750
then market will consolidate around 16750 and then it can continue selling again
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Disc: only for educational purpose
CRUDE OIL : A possible leading diagonalLEADING DIAGONAL: In a leading diagonal , waves 1,3, and 5 are all impulsive in nature or all in corrective form of zigzags. Wave 2 and wave 4 are always present in a zigzag form. A leading diagonal suggests the starting of a new wave & that is why it can develop wave 1 of a impulse wave and a first wave of a zigzag pattern.
TRADING STRATEGY:
Buy Crude oil : 89-89.5$ keepin SL of 87.8$ look for the target of 93.3-94.3$
Bank Nifty Weekly Support and Resistance As per Gann and AstroThe levels plotted on chart , Big moves expected today or tomorrow.
Let's See
Disclaimer: These are my personal views and trade taken on these observation should be traded with strict Sl
Only for learning purpose
This is not an advisory call. I will Not be responsible for any kind of profit or loss
Do your own study & consult your FA before Investing ,
As Investing in Stock Market may injurious to wealth.
Wish You a Happy Trading
