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.
M&M has given strong breakdown below the crucial support zone. We can take a swing trade here. Entry: We can go long on open of next candle. Stoploss: We can keep stoploss above the support zone. Target: We can keep target near the next support zone as marked on chart. Please Like & Follow Me.
JUBLFOOD has experienced a correction of more than 50% from its all-time high, which was achieved in November 2021. When a stock experiences a correction of this magnitude, it may represent a buying opportunity for investors who have a long-term investment horizon. Current price level could represent a good opportunity for accumulation for investors with a...
MPhasis trading near it's hourly support zone @ 2030 - 2000 and expected to show a bounce towards marked target on the chart. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
HDFCLIFE is in a Range since it has been listed in the market and is continuously making higher highs and Higher Lows in a weekly time frame which suggests that it is in a UPTREND and therefore can be bought at the last support level for a potential next upswing. It has come back to its support and further trading at the trendline where potentially it can take...
UPL has formed Double Bottom Pattern. Which is a bullish pattern and it may form W pattern. So we can take swing trade here. Entry: We can go long when price gives breakout above the resistance zone with strong bullish candle. Target: We can keep target near the next resistance which will be also the neckline of W pattern as marked on chart. Stoploss: We can...
Hello Traders! 1. We see GBPUSD taking curved support with all the bullish scenarios. The market has been in consolidation for a long time. 2. Most expected targets have been marked on the chart. 3. The suggestion is to keep stops tight but definitely not too tight. Do take some buffer. Do use proper risk management. Happy Trading! Profits, Market's Mechanic.
#Nifty spot -View 05.03.2023 Resistance 17650 Next upside above 17650 for 17700/17750/17800 17800 Is strong resistance Cmp 17594
Infosys is near crucial support on daily chart. We can take a swing trade here. Entry We can go long after close of strong bullish candle near support zone. Target We can keep target as the next resistance zone as marked on chart. Stoploss We can keep stoploss below the support zone. Please Like & Follow me.
Reliance has formed double bottom pattern on daily chart. While the RSI is making higher low which is clear sign of RSI Bullish Divergence. Entry We can go long on open of next candle. Target Target 1: We can keep our 1st target at the nearest resistance which will also the neckline of the W pattern as marked on chart. Target 2: Once the 1st target is achieved...
Sun Pharma is near Support Zone on daily chart. It is Good Opportunity to take Swing Trade Entry We can go long on next candle open. Target We can keep target near the next resistance zone as marked on chart. Stoploss We can keep the stoploss below the support zone. Please like and follow me.