CIGNITITEC | Breakout above Previous supply + INHS + Trendline - Looks potential for 30% CMP : 502 (Dip : 490) SL : 470 Target : 660 1:4+ risk reward setup
IT sector fall is now pasue and turn to shortcovering buildup and come month started to upward journey.wipro taken support downtrend . entry @480-500 tgt 550,610,680. stoploss weekly closing 440 .its my view and educational purpose not recommend for trade.
Wait for the good entry at the level of yellow box level support or resistance level breakout after entering the trade
Stock is trading in a zone near the all-time high price, which will most probably be going to act as a supply zone. Also stock has rallied almost 55-60% in one month and we can expect a price correction of 25%. In addition, these RSI values have given a clear divergence. So I'm expecting a fall in price in the coming days. Enter trade if the price closes below 81...
Market now 💯 Target reached to moving up Target expect at 1495.00
Good Morning! Just as we had stated on the last trading day about our expectation of witnessing a solid weekly closing from Nifty. Fortunately, we did witness the same on last Friday. Also, as had been mentioned earlier, we can now trail our support level to 15850 on closing basis, as the aforementioned level will play a very crucial role once again....
NSE:NYKAA IT IS SWING TRADE. The stock is forming a box from many days . If it breaks we can see a great move either side Target of 1900 which is more than 20 % . A trader can cumulated from support zone of box which has formed . and keep a stop loss 1321 . Also the expected move can also be 1 September because of the quartly result. This is for...
NSE:KOTAKBANK It is Short term trade. The stock has taken support in recent days . If it take pullback we can see upside move First Target is o f 1836.a nd second target is at 1950. This educational purpose.
NSE:PEL It is short term trade. The target of 1890 in short term. The stock is support zone on daily charts . This is for educational purpose.
Hi Guys, Here is a trade for you in Bitcoin, all the relevant details are mentioned in Chart.
ETHUSDT rejected at previous swing high on 4Hr timeframe chart, in combine with 200EMA of 4Hr chart, which implies it may fall further upto previous swing low. DYOR
As we can see we can see BANKNIFTY still in downtrend in bigger time frame and maintaining itself below the trendline acting as a great resistance and multiple reversals can be seen from that very trendline! Level to watch is 35500 which is also a psychological level and hence we can see a good rejection from here and continue it's downtrend
SOBHA | Retesting the breakout zone - Potentially 30% CMP : 707 SL : 660 Target : 920 1:4 risk reward setup P.S : Weekly chart attached in the comment section i'm bullish in SOBHA for the long time.
Recently observed divergence in price and RSI value of 15mins chart. plus it seems like a possible M pattern breakout if the price closes below 162. All targets are mentioned on the chart. Do your own analysis before making financial decision. NSE:IEX
Good Morning, What a Memorable Day it was Yesterday, for all our Morning Mantra followers and 8th Club Members! As finally yesterday, we got to witness a beautiful recovery of almost 1000 points in Nifty, from the date of 17th of June 2022, when the index had made a 52 week low of 15183.40. We are extremely delighted that our timely consolations and positive...
As we can see NIFTY finally broke out of a trendline and also out of an inverted head and shoulders pattern but now closed at very important resistance which had acted as a very stromg support with multiple touch points before and hence if any chance nifty opens weak we might see some retracement tomorrow
BPCL | Reversal from trendline support again - Looks good for 20-25% Buy 70% now, remaining in dip. CMP : 328 (Dip : 320) SL : 310 Target : 395 1:4 risk reward setup
Good Morning! What a beautiful recovery was witnessed in the Market, yesterday. Just as we had stated on the 5th of July itself, in the same way, we had finally witnessed a beautiful closing of above 15950 in the yesterday’s trading session. Moreover, with the same level of support at 15700, we will now be requiring a stable weekly closing of above 15950. After...