The Scrip is trying to move out from a range after almost 5 months of consolidation, The Scrip was on a LL pattern on monthly/weekly chart but looking like it is about to break the trend.
For Swing traders
Can initiate longs once price sustain above 410 for a target target of 40 points, SL below 410 on Day closing basis,
#Note - The idea is shared for...
#PAGEIND gave an entry at 36412 on breakout.
Has moved from 36412 to 54026 levels.
It is now trading above Resistance 1 of 48823.
Next Resistance 2 is at 68917.
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not...
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only.
#EIDPARRY gave an entry at 419.05 on breakout.
Has moved from 419.05 to 619.95 levels.
It is now trading above Resistance 1 of 572.60.
Next Resistance 2 is at 861.
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not...
Don't panic if you have Godrej Consumer in your portfolio.
Why is the stock price falling?
The stock price is declining. Because Godrej Consumer's management recently published a report in which they stated that "may be in Q2FY23 EBITDA margin can go down due to commodity price and inflationary pressure."
Bank of Baroda is one of India's largest PSU banks; we have a buy call on the stock because it is currently undervalued; our target price is 177-180 rupees in 12 months; and their NPAs are decreasing, which is a good sign.
These big candles indicating that price is at supply zone in higher TF
Price failing to breach these levels and go up
Even though price is again and again going back to its supply zone
1) It is creating lower lows in lower time frame
2)Getting rejection from 0.786 Fib levels in intraday
All the levels are mentioned in the chart
what the price comes there all...
All the levels and details are mentioned on the graph itself
Market is in the range of 90 points
If at all we get a breakout on either side we can see some quick momentum.
The Arrows on either side indicate where bulls and bears are trapped.
When the breakout happens trapped people need to cover their position which can cause some momentum.
In my opinion...
#ASAHIINDIA gave an entry at 429.20 on breakout.
Has moved from 429.20 to 694 levels.
It is now trading above Resistance 1 of 634.
Next Resistance 2 is at 954.
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or...
#LEMONTREE gave an entry at 45.60 on breakout.
Has moved from 45.60 to 91.55 levels.
It is now trading above Resistance 4 of 89.
Next Resistance 5 is at 138.
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is...
DATE:03/10/2022
In a daily time frame price has formed a inside candle.
If we observe in 1 hr. time frame its not a bearish sign until price breaks down recent low (16750 levels)
So until it crosses that low its better not to carry any short positions in nifty.
Observe the price action structure here
1)There is a recent lower high formation (17050...
