SW Solar is looking good at this region and is holding above support zone (350) for 8-10 trading zones.
This looks good accumulation zone for long term investment.
I'm not SEBI registered analyst, this view is only for educational purpose.
Looking at the chart pattern in HDFCLife there are chances that you might see some weakness at these levels.
If levels mentioned on charts are broken provide targets are expected
This is for educational purpose only, I am not SEBI registered analyst
The markets witnessed an exhaustion gap on friday where it ended on red despite opening in green.
The structure of the market however remains bullish.
Trends on sgx nifty show that the market is going to open with a heavy gap down on monday .
The most important support for nifty lies at 17436 .
A long trade in nifty can be initiated at this support with a very...
DLF break the support of 317 after making cup patter,
So two things can happen in this scenarios, First DLF can goes down and take support of 296,
Second DLF can give move once it cross 320, for the target of 340.
So trade according to the setup.
What's your view on this comment below in the box.
ZEEL IS STANDING ON A MAJOR SUPPORT IF IT BROKE THEN WE CAN SEE TARGETS UPTO 200 LEVELS .
WHY I CHOSE THIS ?
ZEEL TRY TO GO UPSIDE BUY IT UNABLE TO GO UPSIDE AND IT AGAIN TAKE SUPOORT AGAIN AND AGAIN AND MAKE SUPPORT WEAKER . IF IT BREAK IT WILL GO DOWNSIDE .
The stock has formed a ascending channel and breakdown from the channel expecting down side and also formation of head and shoulder pattern
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🔰 MY thought process :
⭐The easiest way to trade stock is to identify a good pattern at its good support lvls and resistance lvls
⭐Good breakout at supports of a descending triangle, consolidating for a while now gave a good impulsive move.
⭐Risk: SL - 515
⭐ Targets are marked
⭐ Type: Swing and investment type :)
🔰Am I taking this trade now: No---Reason:...
🔰 MY thought process :
⭐A broadening pattern on the Daily chart :) meeting with fibo extension giving a perfect round number of 1300 which seems to be achievable but in a while, kinda positional setup for me :)
🔰Am I taking this trade now: No---Reason: Already in the trades of Naukri and PPL as posted last time :) also took a small position in Coal India today...
Even after a bearish nfty and bnknfty move last session this trade is still not messed up just some new trendline adjustments and here we go again looking for BOB ( buy on breakout ) /////
Keep an eye :)
I am analyzing this stock for the past 3 months and analyzed it with great accuracy. Many chart and trend patterns show clear that it is at very bullish support.
The immediate target should be 205.5.
Once it crosses 206.5, the Next target should be 215.
After that also, it can go very long and can show levels of 230. It's a mixture of fundamental as well as...