Shriram Transport Cmp 1491 dated 21.10.2021 1. Inverted HEad & Shoulder BO @ 1470 Buy for a tgt of 1525-1600-1720 SL 1415 It is just a view, pls trade at your own risk.
Action Till Date - Since the news-based fall has come in the Adani group shares, Adani enterprise is broadly consolidating in the price range ranging from 1300 to 1575. Earlier in the starting week of the September series, the stock did show some momentum in range expansion but lacked expansion in volumes as it remained more or less in the average daily volume...
Action till date - We all have earlier witnessed what kind of momentum Adani power can demonstrate. Since the news triggered a fall in Adani group stocks, most of the group stocks have recovered by 40-50% and are currently trading in a range. The same is the case with Adani Power which currently is consolidating in the price range ranging from 89.65 to 106.45. ...
Hourly Time Frame - IEX has been consolidating for the past few sessions and has formed Mother Candle Pattern on Hourly Time Frame with the stock trading within the Hourly candle range (782-819) formed on 13.10.2021 (9:15-10:15 AM). A total of 20 candles have formed within the mother candle till the completion of the 18.10.2021 session. A clear reduction in...
Buy Amara Raja Batteries Stoploss 710 Target 820 Inverse Head & Shoulder Pattern Breakout and Retest Structure
BANKNIFTY levels for intrady Keep watch Banknifty will be trading tommarow
#Escorts cash -Positional call 21 Oct 2021 Looks good above 1485.10 SL 1469 Tgt 1499-1500/1518/1558 (Resistance 1500) Cmp 1472
PSUBNKBEES | Investment on ETF opportunity INHS pattern with good breakout above previous supply zone - Looks potential for 60% CMP : 31 (Dip : 21) SL : 25 Target : 45, 48 Since it is Index it could be a safe bet and low volatile. Thanks to @Ananthan21 for bringing to notice :)
lauruslabs chart analysis for intraday and swing trading
uflex chart analysis for intraday and swing trading
Nifty View: A decently volatile day for the benchmark Nifty50 index as it closed down a little over 60 points in today's session. So far, we have three consecutive negative days from the index, losing almost 3% on a high to low basis. The short-term trend is still up, but vulnerable as the index nears the psychological level of 18,000. However it was clearly the...
Kotak bank has took out the strongest supply zone and also broke the previous swing high with good volumes. The harmonic ABCD pattern gives us the targets of the next swing high. If these targets are taken out, the AB=CD pattern gives us the fib ratios until 3.618 when the AC is around 0.384 AB. So there is a lot fuel left for the rally which could lift the Bank...
Targets On Chart Note: This is for Educational Purppose only
Reliance Industries are out tomorrow. The stock has fallen more than 3% to test the potential reversal zone of the harmonic pattern XABCD or the demand zone. As we can see, in the last hour price has bounced off the zone with good volumes. The price has to stay above this zone or else it could test 2500 or even lower by the long unwinding. If sustained above the...
If the price retraces back to 18,180 then its ideal to take a short
Technical view : Bank Nifty has made Doji on daily chart which could be a sign of reversal , so if it unable to hold the previous day's low then it may make a low of 38900. Also if it able to break the Previous days high of 39775 , then it may make an all time high of 40000. Comments : Inflation worry and Earnings not up to the mark along with incessant...
Bhel traded at 39 a good demand zone support zone stated at 36.40, this is good level to enter with SL 34.30 with RR 1:2
Nifty is loosing it's momentum along with RSI is also loosing it's strength, and showing a weakness sign and price action is showing downtrend. current price action show that price will fall further down side, so we can expect it to fall up to 13650 and 12960. 12960 is very strong support level . and before move upward side price should have to come around 12960...