As we can see NIFTY finally brokeout of a downward following trendline and we have seen more of a 400 point rally as of now but now heading towards important psychological level which is 18000 which might act as a strong resistance hence one can expect a rejection around these levels
Channel breakout in canara bank along with some consolidation ,expecting some good upside move .....
HCLTECH | INHS Formation + RSI breakout - Looks potential for 16% CMP : 1170 SL : 1120 Target : 1360 Almost 1:4 risk reward setup
Good Morning! Finally, Nifty managed to give us a positive closing of above 17700, yesterday. So yes, with the positive market sentiments, the index is doing quite good, along with the support of FII‘s significant buying. Therefore, as of now Sell on Rise as per your risk appetite, will be the preferred strategy, in the case of already accumulated stocks that...
NSE:ZYDUSLIFE #NSE:ZYDUSLIFE T3 Updated, shared @ 367 and now reached T2 @ 399 which is exactly 9% from the level. 400 CE given @ 1.7 and now trading @ 8.25 means bagged 12k/Lot. Now stock trading in supply zone and chances to retrace immediately or from T3. Don’t forget to trail your profits.
If the given range is taken out we can expect a good momentum till the nearest swing. Just keep eye on this when the entry is triggered. If you observe the L&T structure you will find that it gives consolidation breakout, consolidation breakout same pattern it's following.
Fortis healthcare has been reciprocating between a range(around 25% ie. big) since Aug. 2021 I entered two times after the range form 1st-aound 24 feb 2022 (there is huge gap down because it open at bottom support range and pump up so I entered) booked around 25%>>> 2nd recently 14 June ( after entry , huge consolidate near support level but I intact, again 23%...
Himadri Speciality is forming flag & pole Pattern in a daily chart frame. If today's candle close above 88 range, then we can see a clear breakout and it should confirmed by next day candle. After this breakout stock will test 93 range first, once it break 94 range, it has a potential to reach 112 range as per the pattern. Ideal SL will be below 78. Wait...
Channel breakout in Kirloskar Oil Engi. Stock has a potential to reach 200-220 Range. 12 Aug we saw breakout candle with good volume. For upside movement stock has to close above 180 range . 170 should act as immediate and important support. Risk averse can keep 160 as SL. Risk taker can keep 149 as SL. This is just a view not a recommendation to trade. Do...
TATA STEEL stock is good for swing trade. TATA STEEL stock resistance is broken buy 113.90 and sp is 108 and 1st target is119 2nd target is 125
IBREALEST stock is trying to start reversal after crucial Support Target 1:111.30 Target 2: 144.30 Target 3: 196.60. Please consult your financial advisor before investing.
Bank Nifty Needs to Breaks The Triangle Pattern then It Will Goes Upto 39420-39460. At 39460 is Resistance Banknifty Support Level is 39294 Second Support is 39278 If Bank Nifty Breaks 39378 It Will Fall Upto 39215 So Please Keep Your Positions Little Because Volatility Is Very High So Please Avoid Trades in This Volatility Market. Hope You Understand My Opinion....
CANFINHOME breaks the trendline and gave a retrace so we can go for LONG (BUY) but beaware of the uppertrendline book some profit there and if it breaks a goodmove expected!
COALINDIA triangle breakout and breaks the major supply zone with a very good bullishness so we can go for LONG (BUY)...stop loss below the breakout candle
CDSL testing Trendline and it's like a kind of consolidation so we can go for LONG (BUY) expecting a good move....with stoploss below the trendline (if it close below the trendline then exit the trade)... #swingtrade
Good Morning! It is being observed that currently, the index is facing a lot of Resistance at around the stated level of 17700. As a result of which, the index can take a little pull back here. Also because there are chances that this week can be a little dull for the bullish players. However, even if that happens, do not worry. Since, we are still with our...
Bitcoin continues to be in a key range (see the chart). The main level for consolidation and continuation of the uptrend is 3286900. Pro-trading, price consolidation above it will increase the chances for further growth of quotations. We are continuing to monitor the situation. Altcoins: Tron also continued to consolidate, which indicates the levels formed by a...
Bitcoin continues to be in a key range (see the chart). The main level for consolidation and continuation of the uptrend is 24.450. Pro-trading, price consolidation above it will increase the chances for further growth of quotations. We are continuing to monitor the situation. Altcoins: Tron also continued to consolidate, which indicates the levels formed by a...