Stocktrading
GNFC very near to the price of 2017#GNFC (CMP 580) operates businesses mainly in the Industrial Chemicals, Fertilizers apart from the small presence of IT services.
Currently very near to the price of 2017 (550 high in 2017).
So much positive for PSUs and fertiliser comp has happened sinc then.
Can be taken with a SL of 540 (on closing basis)
Upside 20-30%
Rising wedge pattern breakdown in WHIRLPOOLWHIRLPOOL
Key highlights: 💡⚡
✅On 1Hr Time Frame Stock Showing Breakdown of Rising wedge Pattern .
✅ Strong bearish Candlestick Form on this timeframe.
✅It can give movement up to the Breakdown target of 1455-.
✅Can Go short in this stock by placing a stop loss above 1515+.
✅ breakout this can give risk:reward upto 1:5+
Head and shoulder pattern breakdown in INDUSINDBKINDUSINDBK
Key highlights: 💡⚡
✅On 1Hr Time Frame Stock Showing Breakdown of Head and shoulder Pattern .
✅ Strong bearish Candlestick Form on this timeframe.
✅It can give movement up to the Breakdown target of 1140-.
✅Can Go short in this stock by placing a stop loss above 1218+.
✅ breakdown this can give risk:reward upto 1:5+
Falling wedge pattern breakout in DABURDABUR
Key highlights: 💡⚡
✅On 1h Time Frame Stock Showing Breakout of Falling wedge Pattern .
✅ Strong bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 580+.
✅Can Go short in this stock by placing a stop loss below 561-.
Rising wedge pattern breakdown in IGLIGL
Key highlights: 💡⚡
✅On 1Hr Time Frame Stock Showing Breakdown of Rising wedge Pattern .
✅ Strong bearish Candlestick Form on this timeframe.
✅It can give movement up to the Breakdown target of 390-.
✅Can Go short in this stock by placing a stop loss above 422+.
✅ breakout this can give risk:reward upto 1:6+
Triangle pattern breakout in NAVINFLUORNAVINFLUOR
Key highlights: 💡⚡
✅On 1Hr Time Frame Stock Showing breakout of triangle Pattern.
✅ Strong bullish Candlestick Form on this timeframe.
✅Re-entry has been given to resistance.
✅It can give movement up to the Breakout target of 4360+.
✅Can Go Long in this stock by placing a stop loss below 4045.
✅ breakout this can give risk: reward up to 1:6+
Symmetrical triangle pattern reversal in JKCEMENTJKCEMENT
Key highlights: 💡⚡
✅On 1Hr Time Frame Stock Showing Reversal of Symmetrical triangle Pattern .
✅ It can give movement upto the Reversal target of above 2991+.
✅There have chances of Breakout of resistance level too.
✅ After Breakout of resistance level this stock can gives strong upside rally upto above 3230+ .
Bandhan Bank AnalysisThe FASP for Bandhan is listed for 29-12-2022. You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities.
What is Fibolysis Anchor SupRes Points(FASP)?
It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds.
Validity of the levels: Up to 6 Months
How to use these levels?
The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options.
Color Coding: Green is regular support and buying area, Red is strong exit area
Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
Rising wedge pattern breakdown in MCDOWELL_NMCDOWELL_N
Key highlights: 💡⚡
✅On 1D Time Frame Stock Showing Breakdown of Rising wedge Pattern .
✅ Strong bearish Candlestick Form on this timeframe.
✅It can give movement up to the Breakdown target of 715-.
✅Can Go short in this stock by placing a stop loss above 895+.
✅ breakout this can give risk:reward upto 1:6+
Falling wedge pattern breakdown in CIPLACIPLA
Key highlights: 💡⚡
✅On 1D Time Frame Stock Showing Breakdown of Falling wedge Pattern .
✅ Strong bearish Candlestick Form on this timeframe.
✅It can give movement up to the Breakdown target of 1005-.
✅Can Go short in this stock by placing a stop loss above 1100+.
✅ breakout this can give risk:reward upto 1:4+
Falling wedge pattern reversal in BATAINDIABATAINDIA
Key highlights: 💡⚡
✅On 2Hr Time Frame Stock Showing Reversal of Falling wedge Pattern .
✅ It can give movement upto the Reversal target of above 1580-.
✅There have chances of breakdown of Support level too.
✅ After breakdown of Support level this stock can gives strong Downside rally upto below 1440-.
Falling wedge pattern breakdown in TVSMOTORTVSMOTOR
Key highlights: 💡⚡
✅On 1D Time Frame Stock Showing Breakout of Falling wedge Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of above 1160+.
✅Can Go Long in this stock by placing a stop loss below 1020-.
✅ breakout this can give risk:reward upto 1:4+
Descending broadening wedge pattern breakout in SBICARDSBICARD
Key highlights: 💡⚡
✅On 1h Time Frame Stock Showing Breakout of Descending broadening wedge Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of above 825+.
✅Can Go Long in this stock by placing a stop loss below 792-.
✅ breakout this can give risk:reward upto 1:8+