RALLIS chart pattern analysis 25.11.2021Rallis has beginned to move in the uptrend channel with a W pattern formation and from target 275 level. Holding the stock. Happy trading to all
Stockmarketanalysis
Tata Motors - Daily Chart Analysis - 25.11.2021Tata Motors as per daily chart analysis today it had formed an inside bar candle and the market on the expiry day did well and the momentum should continue tomorrow. The stock is expected to move up.And once it breaks 525 level expected target 550-600.
VEDANTA Daily Chart Analysis 25.11.2021Vedanta Posted Earlier once the stock above 348 level then target 375 is achievable and it made high of 373 level and closed at 367 level. Today made a fresh entry and also exited profitably. Hope all had a profitable trading day.
Hindunilvr looks Bullish for Short TremPlease check the chart for detailed information. It's on Trendline Support & targets are very attractive.
SBILIFE: BEARISH SEQUENCEStock is correcting in a three waves pattern ABC in which wave B has unfolded as a triangle. One should go short on current levels near 1160 , keepin SL of 1205 look for the target of 1100/1080-60
ASIAN PAINTS: Correction ContinuationAs per the current structure the rise is in three waves , means its not a starting of an impulse. As per the current scenario one should go short near 3180-3200 with SL of 3310 & look for the target of 3050/2900/2780
GRANULES INDIA Daily Chart Analysis 23.11.2021GRANULES INDIA as per Daily Chart Analysis today had broken the consolidation and also broken its first resistance level 310 and closed at 313 level. The Stock should move from here and next resistance is at 335 level. Holding the Stock and Happy Trading to all
VOLTAS : A ZIG ZAG CorrectionVoltas is falling in a corrective manner forming a Zig-zag corrective pattern. One should go short on any rise or on cmo with SL of 1240 & look for the target of 1150/1100/1050
TATA MOTORS: EXPANDED FLATStock is correcting into an expanded flat correction. One should go short on cmp or any rise , keeping SL of 512 , look for the target of 467-465
TITAN : A ZIGZAG CORRECTIONthe current price structure suggests that stock is going into a correction as a ZIGZAG pattern. One should sell on cmp or any rise , keeping a SL of 2490 look for the target of 2340/2280/2240
Nifty ViewNifty Making Bullish Traingle Pattern which it indicates bull move in nifty.
After some consolidation it breaks trendline.
DELTA CORP: BULLISH IMPULSEStock is rising in an impulsive manner. one should buy on cmp & add on dips. keeping SL of 295 , look for the target of 315-320.
LIC HOUSING : BearishSock has completed its 5 waves up move & is now correcting for three waves down in ABC format, of which A & B has already been completed & now the wave c is unfolding. The complete corrective pattern is unfolding as a ZIGZAG correction.
Trading strategy :
Sell on cmp or any rise , keeping SL of 440 , look for the downside target of 395/375/350/300
Can Cipla Make you money?Go long
Target 1) 947.10
Target 2) 968.28
Target 3) 978.78
When you see Cipla in 5year time frame you can see something interesting, Pharma and chemical stocks are in a bearish mood and they have fallen from their 52 week high dramatically, When you see Cipla in 5year time frame you can notice that its on the support level.
POSITIONAL TRADING WITH STRONG STRUCTURES (BASF INDIA)There are many ways that one can trade in markets and make money but the best way one can make money from trading stocks is positional trading where one catches big moves with fewer efforts and time and it's not stressful as compared to intraday and swing trading.
So here I am sharing a Trade analysis of BASF INDIA which explains How you can combine price action, Market structures, and smart money concepts together to find the best high probability setups possible to trade.
Trade Analysis I have shared on charts
Hope you enjoy and learn something new from it👍
FOR MORE IDEAS PLEASE SUPPORT BY SHARING THE ANALYSIS AND DO FOLLOW AND LIKE. IF ANY DOUBT ARISES DO COMMENT DOWN BELOW I WOULD LOVE TO HELP YOU.
- Pranesh Sahoo
