price has breached its all time high and given weekly close and took that level as support...if it sustains then its upward journey will start..good cup pattern also formed ..good to observe for learners..
NSE:NATIONALUM is ready for Quick Upmove after taking support from it's previous low and a Trendilne which is forming from Nov, 2020. Each and every time the price touched this trend line the price reversed with big move. you can take entry after crossing 100 Day EMA. you can hold it for 102, 120 and 126. SL shuld be 84 for less risky traders Or you can place SL...
short term bullish if your agree my idea follow me Disclosure : I am not SEBI registered. The information provided here is for Education Purposes only. Consult your financial advisor before taking any decisions
Hello Friends Today Nifty fall as expected yesterday prediction. Tomorrow we expecting gap up or flat opening, if nifty want to follow trend line channel. If nifty still break trend line channel, then we go for put option because it indicate sideways or downward trend. Happy learning and happy trading...
Nifty 50 - Simple trend analysis with support & resistance for the week.
for educational purpose only lets see what happens
HDFC AMC weekly chart explaied with S and R. Current trading at 2392 with Berish continuation and touched important support today.Any reversal Price action in Lower time frame at given level will be considered for short term Bullish Trade. Remember stop loss should be less that 1.2% and below support. If it breach the level again then bear will keep continue their...
JK CEMENT falling channel + strong daily trendline support if it breaks support sell it it breaks upper trendline of channel buy huge movementum on breakout stock
Hikal taking good support on Demand Zone. can show good upside
Hi friends, Nifty most probably follows a shared pattern on 22nd Jan 2022. NIFTY FOLLOW THE DOW JONES TREND MOST OF THE TIME AND AS PER THE COMPARISON MAYBE IT IS POSSIBLE NIFTY BREAKS THE MOST POWERFUL RESISTANCE TOMORROW I.E. 17380 AND CLOSE POSITIVE WITH APPROX 300+ POINTS.
ABOTT INDIA nice triangle pattern is formed tradeing plan for monday case 1}if it opened below our trend line i.e,below 15951, we can sell it on opening by keeping sell below 0.5 points of opening price with sl of 16135,vice versa for buy side sl can keep below trendline case 2}if it opens in between and then break down happens,can sell below .05points of...
NSE:JAYAGROGN The analysis is simple 25 ema crossing 50 ema ( faster ema is crossing slower ema from below ) which is a long signal is mixed with some more technical analysis as you can see in the chart. The stock has given a good breakout and retraced just like the textbook picture. Invest only if breaks the resistance and shows good price action (HL and HH),...
NSE:INFY was making higher high from past 6 Months and taking support around 1650. Now after a continuous sharp fall from 1950 from last 2 weeks now It has touched 1650 and again took a support and given a Quick Reversal now from here at 1700 we can go long with at least 50% Qty and rest can be added on retest and target can be should be 1950 and a resistance...
JKCEMENT chart looks v.good support but looks like yesterday candle had a huge selloff lets see how the stock behaves today
Keep track of important support levels for this INDEX Its treated as a safe sector for investment during bear phases or crashes in the market. Disclaimer: View for Educational purpose, not a trading/investment advice.
NSE:INFY INFY may be a very good opportunity for long if gives any bullish signal or may go further down
NSE:EXPLEOSOL Broke out from cup and handle pattern and is consolidating in rising channel pattern. Price near trendline support. Short term traders can take a trade with a tight stop loss and go for 1:5 Risk reward play. Low momentum/volume candles near support show that price is ready to take big support. SAFE TRADERS WAIT FOR PRICE TO MAKE GREEN CANDLE...
Wait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the...