M&M Intraday/swign important levels to watch for 01st aprilM&M opened gap up and traded mostly in a tight range. on 15 minutes timeframe, RSI is above 50 but moving down and MACD is below the signal line. The conditions are in favor of short trade but taking trade along the larger trend has a higher probability of success.
On a daily basis, the stock is rising with strong rsi and MACD above the signal line. The upper resistance is marked by the gap formed on the 24th Feb. lower support zone is marked by the gap formed today.
if on 01st April stock crosses today's high with good volume and sustains, it will be a good opportunity for an intraday trade.
Swing
Rising Triangle formation in KPITTECHKPITTECH chart is forming a rising triangle after a good retracement.
Rising triangles are theoretically supposed to breakout to the upside and continue the price higher but practically you'll find many examples where it breaks down below the rising trendline.
on the upside, the price is getting rejected on horizontal resistance and forming hammers/spinning tops.
Wait for it to break on either side to take a trade. if it breaks to the upside, one should wait for a retest of the trendline.
watch for range breakout buy above 1350 in intraday or swing trade
stoploss for swing trade daily candle close below 1295
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
BANKNIFTY BULLISH VIEW 23/03/22BULL PUT OR FUTURE HEDGE JO ACHE LAGAY TUMHE WOH LO FOR APRIL MONTH...
DON'T GO NAKED OTHERWISE ACCOUNT NAKED..
STOPLOSS 35200 KAY NEECHAY KA CLOSING BASIS PAR WEAKNESS..
TILL THEN BULLISH..
TRADE OR INVEST wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
Lemon tree approaching breakout#lemontree
lemon tree hotels
Classing pattern of Support acting as resistance.
Looks like will break resistance this coming week.
Daily candles show and opportunity to take long entry till levels of 60.
clear uptrend once we break the resistance zone of 65-66 levels.
#vr
RCF Breaking out of multiyear resistance#RCF
RCF Looks too strong on Weekly time frame.
It is approaching to break strong TL resistance since 2010.
On weekly time frame it has come out of strong supply zone after a year.
Risk takers can make and entry at current levels and add till 88 levels. keeping sl of 78 on WCB.
Safe ones can wait for clear breakout and then make entry.
#vr
INDIACEM--> FALLING WEDGE BREAKOUT + BOX CONSOLIDATION BREAKOUTNSE:INDIACEM
TECHNICAL ANALYSIS
--> INDIACEM is on the uptrend on a bigger timeframe forming Higher Lows .
--> INDIACEM has given a breakout of the FALLING WEDGE pattern previously.
--> Now INDIACEM is on the verge of breaking out of the BOX CONSOLIDATION pattern.
--> INDIACEM has given consecutive closing above the POC (Point of Control-Volume Profile) and cluster of 9EMA, 21EMA& 50 EMA .
--> Stock has tested the top of the BOX RESISTANCE multiple times ,so next time there is a hIgh probablity of breakout.
ENTRY
--> Take a postion when stock gives 1 HR closing above 218.50 .
STOPLOSS
--> SL can be placed below the Breakout Candle at 208 .
TARGET
--> Target 1 will be around 229 which is a weekly Resistance.
--> Target 2 will be around 249 which is the next Resistance near ATH.
HDFCLIFE 615+ WATCH LONG SIDE TRADE. 12%+NSE:HDFCLIFE
Trade Logic | 20 DMA BREAK. REVERSAL LONG POSSIBLE
Entry 550
Stop 527
Target 615
RR 2.0+ 2nd Target Open
Details on chart as always
1 FREE Trade Idea Daily/Weekly.
Trade Size 5%- 10% Max
Max Trades 10-20/ Month
Time Frame 1 WEEK - 1 MONTH. Max
Diversify Bet Small Lose less. | Our Motto.
#TRADEWORLD | #MARKET_MAGIC
----**All the Stocks shared here are only for Analysis Educational Purposes.
Few Stocks Shared here can be in My Personal Trade Portfolio also with Better Trade Levels***----
TEST FIRST / THEN TRADE
LTI 7050+ 10% UPMOVE BREAKOUT LONG WATCHNSE:LTI
Trade Logic | BREAKOUT LONG WAIT WATCH. 20 DMA ABOVE .
Entry 6350
Stop 5850
Target 7050
RR 2.0+ 2nd Target Open
Details on chart as always
1 FREE Trade Idea Daily/Weekly.
Trade Size 5%- 10% Max
Max Trades 10-20/ Month
Time Frame 1 WEEK - 1 MONTH. Max
Diversify Bet Small Lose less. | Our Motto.
#TRADEWORLD | #MARKET_MAGIC
----**All the Stocks shared here are only for Analysis Educational Purposes.
Few Stocks Shared here can be in My Personal Trade Portfolio also with Better Trade Levels***----
TEST FIRST / THEN TRADE
ICICIBANK 799+ LONG SIDE TRADE WATCH 10%+NSE:ICICIBANK
Trade Logic | LONG BREAKOUT WATCH. STOCK ABOVE 20 DMA.
Entry 721
Stop 688
Target 799
RR 2.0+ 2nd Target Open
Details on chart as always
1 FREE trade idea Daily/Weekly.
Trade Size 5%- 10% Max
Max Trades 10-20/ Month
Time Frame 1 WEEK - 1 MONTH. Max
Diversify Bet Small Lose less. | Our Motto.
#TRADEWORLD | #MARKET_MAGIC
----**All the Stocks shared here are only for Analysis Educational Purposes.
Few Stocks Shared here can be in My Personal Trade Portfolio also with Better Trade Levels***----
INDUSINDBK 1060+ LONG TRADE WATCH 12% MAYBENSE:INDUSINDBK
Trade Logic | WATCH LONG SIDE BREAKOUT STOCK. ABOVE 20 DMA
Entry 952
Stop 905
Target 1066
RR 2.0+ 2nd Target Open
Details on chart as always
1 FREE trade idea Daily/Weekly.
Trade Size 5%- 10% Max
Max Trades 10-20/ Month
Time Frame 1 WEEK - 1 MONTH. Max
Diversify Bet Small Lose less. | Our Motto.
#TRADEWORLD | #MARKET_MAGIC
----**All the Stocks shared here are only for Analysis Educational Purposes.
Few Stocks Shared here can be in My Personal Trade Portfolio also with Better Trade Levels***----
TEST FIRST / THEN TRADE