#Tatasteel cash 16-May 2022 Strong support at 1050-1090 cmp 1123
Levels as mentioned on the chart Wish You Happy & safe trading Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. "Always Respect Risk" Happy Trading Jai Hind Jai Bharat
This has to happen because of the negative divergence over RSI on monthly time frame. Now, there could be two scenarios once it reaches its support, which you can clearly articulate from the chart itself. But according to various reports on commodities cycle, it's just getting started, so there are high chances it will bounce from its previous demand zone.
Nifty Monthly testing support 2nd time, so probably it will break and go to the next support in coming weeks
Persistent Systems Stock after forming Double top Pattern and now looks week Stock trading at its support levels and looks week If market trend will be like this then Stock can give breakdown below 3650 level. Keep Short term targets of 3575 & 3465. Also take short Positional only if stock gives a day closing below 3650 levels Keep Trailing Stop loss to...
As of today, Nifty 50 is at near to support zone and showing positive divergence on the RSI. If it sustains on this support zone then we can see a long position, otherwise if it breaches then further downside can be observed. PS - This is for educational purpose only and take trade at your own risk.
We can enter a long position in AUDCHF during pull back at the previous support I will not risk more than 0.50% per trade Order is invalid if trade hits tp before triggering the order I CAN BE 100% WRONG MAKE SURE TO USE A SL IF U ARE TAKING THIS TRADE
Chart is self-explanatory and is ready for long position. PS - Trade at your own risk. This is for educational purpose only.
# INFY has a strong support near 1480-90 region, also it is showing a Positive RSI Divergence in daily & weekly charts. I believe it is a good time to accumulate. Constant compounder, Cash rich Behemoth.
Bullish on Banknifty for today The chart is for study purposes only!! NSE:BANKNIFTY
If price sustain above the support zone, then we can see a bullish move otherwise a bearish move. PS- This is for educational purpose only. Trade at your own risk.
NSE:BANKNIFTY Bullish on Banknifty for today after breakout The chart is for study purposes only!!
After so much decline in the market the share has managed to stay strong and is now at its huge support level trying to make double bottom. Entry exits are mentioned in the chart. Keep the risk in mind then decide the qty.
This is daily timeframe. Kotak Mahindra Bank is taking support on a this support zone for more than a year. It had formed a triangle pattern on support zone and gave breakout and had move more than 25% last time. After that, it corrected and again came back to previous levels at support zone, and again consolidated for last 5 months and now showing some...
HDFC AMC is showing signs of trend reveral on weekly timeframe. Since 2019, it is taking support and had created a support zone of 1970-2080. This may be the right time to enter for long term, but I'm not interested in it yet. Till now company fundamentally good. But my concern is that it has hammered multiple time to support zone. So my eyes are on upcoming...
SELL : 392 TARGET : 253 TO 214 Reason For Selling This Script : In this script it has formed head and shoulder pattern in in monthly time frame. Once this price close below the 392 in monthly time frame and then try sell. Waiting for neckline breakout. Note : Above given levels are based on monthly & weekly time frame . So be patience it will take some...
NSE:RAIN #RAIN trading @ support level and seem weak below 163. Levels marked for practice. Happy LEarning !!
Looks like HDFCAMC is touched it's 3 Yrs Support line. Trade ONLY if it reaches 2040, which is today's high. This gives confirmation that upside momentum is started. Good RR ration, Mentioned in the graph.