cipla trend?cipla took 5 times support at 1440,
two time at 1330
formed a head and shoulder but failed , made fake out but a dark cloud cover was formed at 1690-1700
now breaking below and closing below 1440 can go to 1330
Disclaimer- Just my view and opinion trade at your own risk not an investment advice these are only for educational purposes
Support and Resistance
Cesc double topMade double top at 209
broke trendline , broke 200 dma,
bearish triangle breakout
and retest or pullback to 200 dma is shorting opportunity
closing above 200 dma can be taken as SL
however rsi is little over sold ,short term might have pull back so pefer lower time frames to trade , usually triangle broader length would be target
Disclaimer- Just my view and opinion trade at your own risk not an investment advice these are only for educational purposes
Nifty weekly review - Jan 13 to Jan 17We had a down trend last week. Price had a nice fall. In daily time frame 23240 - 23280 has support zone which may act as a double bottom.
As per one hour time frame we have support at 23400 zone. Buy above 23440 with the stop loss of 23400 for the targets 23480, 23520, 23580, 23620 and 23660.
Sell below 23340 with the stop loss of 23380 for the targets 23300, 23260, 23200, 23140, 23080 and 23020.
Do your own analysis before taking any trade.
canfinhomescanfinhomes took 5 times support at 700 zone now broken
before breaking formed a triangle retested around 860
now can go to 600 strongly bearish also below 200 dma, a strong down trend in between pullbacks might happen but is still sell on rise
Disclaimer- Just my view and opinion trade at your own risk not an investment advice these are only for educational purposes
CANARABank took two times support at 92 what next ?canarabank bounced two times at 92 around ,more times the support is tested it will be broken however we can see it did made lower highs and is below 200 dma i think this time it will continue to be bearish
every time on closing basis did not close below support we can see in past two points but this time closed almost at days low strongly bearish
Disclaimer- Just my view and opinion trade at your own risk not an investment advice these are only for educational purposes
#Infy Ready To Hit New 52 Week High#Infy Ready To Hit New 52 Week High
Entery - Above Chart Breakout At 1980
Target - 2050 And 2100
Stop Loss - As Per Your Risk Mangement
Technicals - Stock Ready For Breakout Business Sentiment - Bullish *
Time Frame -15 Days →
Indicators - Stock Can Cross MACD Line
This Is Not Any Financial Advise,
Thank You
Cipla Ltd view for Intraday 12th Jan #CIPLA
Cipla Ltd view for Intraday 12th Jan #CIPLA
Resistance 1500 Watching above 1505 for upside movement...
Support area 1470 Below 1485 ignoring upside momentum for intraday
Support 1470 Watching below 1468 or downside movement...
Resistance area 1500
Above 1485 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
HCLTECH on a Bullish Run!
HCLTECH on a Bullish Run!
The stock has broken its key resistance level of *1990 and is now targeting
higher levels. The breakout is supported by increased volume, signalling strong buyer interest.
Key Levels to Watch: (Short Term)
Resistance: 2050|2075
Support: 1950/1900
Trend Insight: The bullish trend is intact with higher highs and higher lows. Keep this stock on your radar for potential upside opportunities!
#HCLTECH
TATASTEEL on a 1-Day Chart:Support and Resistance for TATASTEEL on a 1-Day Chart:
Support Levels:
Recent Lows: Look for the most recent significant low where the stock price has reversed and started rising again.
Previous Swing Lows: This refers to the lowest points over the past few days or weeks.
Psychological Levels: Round numbers such as ₹1000, ₹1100, or ₹1200 are often key support levels.
Resistance Levels:
Recent Highs: Identify recent peaks where the stock has faced selling pressure and reversed.
Previous Swing Highs: Look for the highest price points from the last few days or weeks.
Psychological Resistance Levels: Round numbers such as ₹1300, ₹1400, or ₹1500 can act as resistance levels.
NAVKAR Levels
#NAVKAR
This stock name is Navkar Urbanstructure breakout Flagon pole on 13.10 You guys see very good return from this stock. This is not I'm saying the chart saying to
you so invest in your own risk. For target of this stock message me I will send you target.
SWING
KOTAKBANK on a 1-Day Chart: KOTAKBANK on a 1-Day Chart:
Support Levels (on 1-day chart):
Recent Lows: Look at the most recent significant low points where the price of KOTAKBANK reversed and moved higher.
Previous Swing Lows: The last swing low from the prior days or weeks may act as support.
Psychological Levels: Round numbers (such as ₹1500, ₹1600) often act as support.
Resistance Levels (on 1-day chart):
Recent Highs: Identify the previous day's or week’s highs, as these will likely act as resistance points.
Previous Swing Highs: These are the levels where the stock faced selling pressure previously.
Psychological Resistance Levels: Round numbers (such as ₹1700, ₹1750) can act as resistance.
HALAs price approaching towards 6 month lows need to get alert long trade can be at risk if start closing below 4000 on weekly closing bases now with resistance 4700 weekly closing bases probabilities of correction towards 3200-3000 level are becoming high .Negative view fails if price start closing above 4700 on weekly .
Delta Air Lines (DAL) - Breakout Play with Strong Volume ConfirmKey Observations:
Breakout Zone:
DAL has broken above a significant resistance level at $67.87, with a strong bullish candle and a 9% gain in one day.
Volume Spike:
A substantial volume increase indicates strong buying interest and institutional participation.
Risk/Reward Setup:
Entry Price: $67.87 (breakout level)
Target Price: $95.07 (potential upside of ~39.6%).
Stop Loss: $55.45 (below support zone).
Risk/Reward Ratio: 2.14
Moving Averages Support:
The stock is trading above key moving averages, showing a positive trend shift.
Trade Plan:
Bullish Case:
If the stock sustains above the breakout level, the next target zone lies near $95, aligning with historical resistance levels.
Bearish Case:
If the breakout fails and the price falls below $61.54, it may retest lower support at $55.45.
Disclaimer:
This idea is for educational purposes only. Please conduct your own research before making any investment decisions.
OFSS Bull Run with Oversold OpportunityTopic Statement: OFSS is on a bull run, with the stock price moving in an up-trending channel and currently touching the lower part, making it oversold.
Key Points
1. Stock price is moving in an up-trending channel, hence channel trading is clear.
2. Price is currently at the lower part of the channel, indicating it is oversold, hence an opportunity is present.
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