creating pattern on daily, hourly and on 15 min can create a bullish move in coming days.
#Jswsteel cash -Positional call 11 April 2023 Buy in dips around 700-705 Stoploss 675 Tgt 728-735/760/800 Cmp 714
Mahindra and Mahindra Limited is an India-based company that is primarily engaged in the mobility products and farm solutions. The Company’s segments include Automotive and Farm Equipment. On weekly time frame , the Chart is making a Broadening Triangle Pattern . A Broadening Triangle Pattern can be characterized as a bullish reversal pattern. This pattern is...
BHARTIARTL | RSI + Trendline breakout - Potential for 10% Weekly Trendline support + 200 EMA support in daily time frame also CMP : 775 SL : 750 Target : 850 1:3 risk reward setup
VEDL is neutral at the moment with both bullish and bearish signs 1. a long term 600%+ rise - bull 2. 51 % correction from top - bear 3. classic bull divergence between rsi and price - bull 4. minor hidden bearish divergence between rsi and price 5. a down flag/pennant consolidation 6. RSI is in downtrend the price is moving with contracting bases challenging...
Can take entry on BO of TL as well as EMA .Keep the stock in your watch list.Good risk to reward trade. This is for your educational purpose only.
BIOCON now available near 220-230 weekly levels which are multi year support range. BIOCON should witness at least 20% bounce from here to test it's 200WEMA. If falls below 210 on weekly closing basis the lower levels of 140 to 120 can be seen.
Infosys is currently on a crazy support, this is not just any support, it is an institutional support where price has run up 17% and 19% in the past in just 1-2 months. 1. Falling volume- as price approached this area, selling pressure weakened out and candles became smaller with larger wicks. Which is a bullish sign Entry- After it Breaks Away Stop loss-...
As the Market Improves and gives a bullish sentiment, PEL has formed a beautiful bear trap and gives a long possibility once the support zone is re entered. Liquidity Grap- Is a smart money concept similar to stop loss hunting where the market gives a fake breakdown on low volume or a bad spread candle as visible here. The stops of many retail traders are hit as...
Dear All, Yesterday was the day of consolidation , where nifty had traded in a choppy zone . Still 16800 is a hope for the Bulls as a support and most of the Bulls are eagerly waiting for a breakout of 17180 on closing basis. As of now be cautious and keep following cherry picking strategy. Regards , Alok Daiya SEBI Registered Research Analyst
M_M Looks Bearish on Daily timeframe. M_M has given a fake move upside, where it did not sustain. This has caused a reversal move in M_M, and it can probably take out the Strong Support zone as it has been tested multiple time.
Looking at past data, it is visible that: whenever, reliance comes to this zone and breaks out, it rallies, candle after candle, and has given 18% and 30% returns in almost 1 month. Reliance is at the same zone and at the bottom of market structure, it has formed 2 more bullish confirmations. 1. liquidity grab- Reliance broke the support zone and trapped short...
Polkadot is near support zone on hourly chart, we can take a small swing trade here. Entry: We can go long after close of strong bullish candle near support zone. Stoploss: We can keep the stoploss below the support zone. Target: We can keep the target near the next resistance zone. Thank You, Please give a Like & Follow me.
Price is on a high move to the bullish side based on past events, now I expect price to break it's recent resistance zone and test it before heading to the 0.95500 zone. Please share and give a follow. Thanks and have a great week.
SBI Life has formed double bottom pattern on daily chart. while the RSI is making higher lows which is sign of RSI Bullish Divergence. Entry: We can go long after close of strong bullish candle near support zone. Stoploss: We can keep stoploss below the support zone. Target: We can keep target near the next resistance zone which will be also the neckline of W...
As you can see, PIDILITE INDUSTRIES is at a major support level . Will it maintain support? . Case - 1: If the price breaks above R1 - Rs. 2370, then we will see an upside in the stock. . Case - 2: If the price breaks above S1 - Rs. 2260, then there will be further downside will be expected. In such a scenario, the price will fall to S2 - Rs....
TCS is near crucial support zone on daily chart. We can take swing trade here. Entry: We can go long after close of strong bullish candle near support zone. Target: We can keep the target near the next resistance zone as marked on chart. Stoploss: We can keep stoploss below the support zone. Please Like and Follow me.
Many times this stock taken bounce so we are expecting again bounce on this level.