Bullish on Arvee Laboratories when it reaches key support 78.5There are two ways to enter into Arvee Laboratories
1. According to fib retracement there is deep pull back to 61.8% from recent high after a breakout (somewhat risky) --> enter @88 with SL@75 for tgt1@100 tgt2@120
2. The above is a good buy zone, although entering at a key support area between 81.5 and 78.5 will be safer option if it comes down. for this you can enter between given area and can ride to tgt1@90 tgt2@100 tgt3@120
Supportzones
MANAPPURAM FINANCE TRADE SETUP FOR TOMORROWMANAPPURAM FINANCE share is near to breakout, stock is consolidating between 170-175.
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Previously we also gave the trade when MANAPPURAM is at 168. Now again it a time to BREAKOUT.
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169-170 is strong support zone, you can buy this trade once it cross 175 for the target of 180-185
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What's your view on this comment below in the box.
BRITANNIA 1D - Price approaching strong support zoneBritannia price approaching strong support zone (see chart). One can add this to watchlist and track for support retest and reversal with some good volume to consider for long position.
P.S: This is NOT an investment idea or trade tip. You can use this chart for learning purpose. Trading decision to be taken at your own risk.
Nifty Trade Setup For Friday (2nd July)So 15671 level is support level, as you see two times Nifty touch this level and reverse.
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So for Tomorrow if Nifty break the Trend line then it can go near 15760 and then 15840
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If Nifty break the support of 15671, then it can go till 15505.
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If gap up opening happen then avoid taking a position in the beginning.
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Once it is corrected then you go for CE.
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What's your view, comment below.
ICICI BANK at support zoneIn prices earlier resistance becomes a support.
Note: Price will not exactly take suport and resistance so zones form. It this chart Price take support at the zone.
My personal view is that ,stock is in an uptrend so at this point of time we should watch it carefully and wait for weekly close ,it will decide whether it get set for up or down move.
PHILIPCARB | Trendline breakout & Retested the zone - 60%PHILIPCARB | Trendline breakout & Retested the zone - 60%
Its not the trendline giving me the conviction in this trade, it is the support zone (Marked)
CMP : 188 (Dip 175)
SL : 160
Target : 285
1:9+ risk reward setup
Big trade - Hence trade with patience.
GOLD - Perfect time for investmentGOLD - Perfect time for investment
Reached final support zone. This is a perfect time to invest in Gold and target will be Descending channel resistance
Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.