ubl chart analysis for intraday and swing trading other info given on chart
Pharma stocks back in action with Astrazeneca pharma coming out of it demand zone, has formed a congestion pattern in the monthly timeframe, RSI already broken out of the box. is a good option to buy and hold
GLAXO has formed a HL pattern with RSI gaining momentum above 60, Closing above the Supply zone is a good buy
As per above structure there are two things to note 1)Nifty formaing a bearish h&s pattern 2)nifty given a breakdown NOW positive things to note is:- 1)Nifty already made 8.4 % correction from Life high areas 2)Nifty is in good uptrend thus a correction not more than 15 % visible anyhow in worst case in normal case we can still see max 2-3 % (ie 400-550...
NSE:CANBK Target Reached Gain around 24% in 19 days Got the target even in a bearish market Just follow the process
TCS on breakout and retest mode. Short at 3475/- Expecting 3250/- SL 3580/-
negative breakdown in spx the bollinger band shown an overbought territory and spx h=given a breakdown below the 20 period mid band security areas is a negative sign technically
HINDUNILVR Demand area trend reversal possible chart inside mentioned everything
Chances of a reversal is very strong. Buy at CMP for the Target of 800+
TCS most likely going to hold its support. RR Ratio is pretty impressive
risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
Distribution Schematic #2: Wyckoff Bearish thr is a probability that it may move up to form better LPSY
BankNifty is trying to find the lower levels to get the reversal - as of now there is no clear indication of upward, but surely you can use the levels marked as resistance and do short the market whenever it hits the resistance area or the resistance rays!
Nifty is trying to find the lower levels to get the reversal - as of now there is no clear indication of upward, but surely you can use the levels marked as resistance and do short the market whenever it hits the resistance area or the resistance rays!
LARSEN & TOUBRO LTD broken trendline, It can see level 1600 - 1560
Entry 657 or Below Target 700 + SL 628.8 Time: 2-3 Week Wipro CMP id 658 and price is just above the demand zone. It has a demand zone at 634 to 648 and another demand zone at 630 to 643. So downfall from this level is protected or chances are less. NSE:WIPRO Disclaimer: the author may enter in trade, take your own decision , This is a trading idea...
NSE:TATASTEEL Entry 1185 or Below Target 1290 SL 1125 Time: 5 Week CMP 1186 Tata Steels Ltd is trading at 1190 and in a downtrend for a long time . Price is reaching near to demand zone. In the Options Analysis strong pressure on PUT side is at 1200 level and CALL side is 1300 levels. So Price is expected to remain in between them on current month...
NSE:M_M is trading around 850 revels which is shy above Fib's Golden retracement level. The possibility of Upmove is good as well as consolidating for a few more days, buyer's accumulation will lead to upward momentum. Market might move up till the demand zone is attained. Another possibility is Breaking down to supply zone. Chances of happening so is thin but...