NAVKARCORP : Weekly chart - Taking support on 50 weeks moving average - RSI support on 40 - Potential to reach 45-48 in 8-12 weeks time ACCUMULATE NAVKARCORP in range of 31-32
* Two chart pattern completing at the same time High conviction set up .If it made above 200-day moving average that gives more confident . * In daily time frame high volume buying initiated today that gives gives a bullishness sign . * I am pre-attempt this breakout due to high volume before the breakout . Kindly Let us Know if you have any questions.
TCS Closing Price 3165 Looking at the charts, TCS is once again near important resistance levels. The red dotted line that you are looking at is not drawn after the stock has taken support but was identified way back on January 29, 2021. Take a look at the chart below... (this is an hourly chart of TCS posted on 29th Jan 2021) As you can see the stock has...
* Longer the Consolidation stronger the Breakout . * 06 years Log consolidation breakout in monthly chart and also made big marubazu candle that gives more confident in bullish view . Kindly Let us know if you have any question.
Reversal from previous resistance.
Super Trend analysis with support and resistance analysis. It is better to use on monthly chart having high profitability ratio and percentage.
I will buy BANKBARODA because : It has been taking support at the trend line . It has been consolidating and give big move soon. So will be looking at buying opportunities. If it breaks the support look at shorting Entry : 70/69 Target : 86/95 Stop loss : 63.9
As I told you in the previous charts, Banknifty will cover the gap between 33300 to 33600. . Today Banknifty cover this gap. . After breaking the strong support of Banknifty 33387, Bank Nifty Made green candle. . So on tomorrow, if gap down Opening is happen we will buy CE AT 33400. . If gap up opening is happen, we will buy CE if cross 34360 otherwise we will buy...
Watch mm near ultimate support wait for buy confirmation
* After breakout of this stock consolidate around month at near support level now ready for move . Chart set-up is extremely good . Kindly Let us know if you have any question .
USOIL LOOKING BEARISH LETS SEE CHEERS!
Buy at CMP small SL 280s level Target 330s level Target ATH 350s level
Kotak bank trading in upward channel, and took support at lower trend line. high chance of reversal from hear.
35000 Support broken. Currently at 33000 support. Down move can be seen if 35000 support is broken.
LALPATHLAB:- BUY AT CMP 2318 FOR Target 2542 WITH SL BELOW 2280
BALKRISHNAINDS taking resistance from the same point from it was taking support earlier. Have a look on the coming days on how it reacts on the resistance line. Immediate target is 1850 and above. ONLY for Educational purpose.
The idea behind this trade setup is: 1. One group of traders who trade only based on Resistance and Support will see the level of 80 as a good support area and start buying. 2. Another group of traders who trade based on the Trendline Support will also get interested at these price levels and start buying. So that means at this level there may be more buying...