HDFC Life has been in a correction for over 6 months. RSI and price made positive divergence, and price consolidated for a few trading sessions at the low level. Yesterday's big green candle has broken out but has average volumes. if the price sustains above the upper level marked on the chart, it will be a good buy for swing trade. SL- Low of the breakout...
NAUKRI Buy-Above 4760 Sl-4380 T- 5150 5700+ NAUKRI has been in a declining phase since Oct 2021. A base has been formed near 4300. Lower Lows have been stopped and today a swing high is tested. Consider building your long position above 4760 for the target of 5150 and 5700++.
PFIZER Buy-Above 4500 Sl-4300 T-4800 4959 5000+ The stock is ready to give a bounce . Consider buying as RR is too good from here.
ICICIGI Buy-Above 1285 Sl-1200 T-1400 1470 1500+ The stock has been in a declining phase since SEP 2021. A short term base has been formed near 1200. Short term traders can take advantage of 8-10% move. It has made double bottom, neckline is 1285. Consider a long position above this. Sl will be the last swing low near 1200.
NSE:AVANTIFEED 📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns. 📌 That Dash Line Is Called...
METROPOLIS Buy-Above 1990 Sl-1850 T-2145 2355 2400 Stock has been falling since Dec 2021. We can some bounce on this stock above 1990. This is reversal trade. Sl kept here is a bit conservative .
BPCL Buy-Above 355 Sl-330 T-380 405+ Stock has made a double bottom. neckline has been broken.
Small trade opportunity in DHAMPURSUG. Target 1: 450 (30 days) Happy Trading!
#CHENNPETRO Buy-Above 117 Sl-100 T-140 150 175 The stock has made double bottom in weekly TF. Neckiline has been broken above 117. Target will be 145 and 170+. RR is good here. But sl is a bit aggressive.
#LIBAS Buy-Above 30 Sl-25 T-40 48 55+ LIBAS after giving a very good correction, it has been consolidating in range since last 100 days or 3 months. The stock is ready to breakout. Aggressive traders can accumulate near 30. Safe trader should enter above 35 after the range is taken out. Sl will be the range low i.e 25. 1st target will give us a RR of 1:2.
#HINDUNILVR Buy-Above 2300 Sl-2200 T-2450 2670 Stock has made a double bottom at 2200. So kept 200 as sl as below this stock may side to lower levels. 1st target will be the neckline itself near 2400-2450. Then Above 2450 we will get a move till 2670-2700. Safe traders can enter above 2330.
#BPCL Buy-Above 370 Sl-355 T- 400 430 470+ Just Because RR Is Good. Stock is making a double bottom here. However Neckline is above 410. This is a aggressive buy trade. Also above 380 we will get a confirmation to build our position.
Small trade opportunity in SWELECTES. As the market is highly volatile due to Ukraine issues. Make sure you have put the correct stoploss as the trade might get reverser immediately. Target 1: 400 (30 days) Target 2: 500 (70 days) Stoploss: 255 Happy Trading!
VIP Industry is ready to break the big consolidation. 1. As the resistance and support are respected by the VIP Industry. 2. As earlier the triangle pattern breakout is given with a big green candle but big 3. profit booking happens on next day. 4. Then those triangle pattern resistance levels act as support levels. 5. Taken the support and resistance 7-8...
The trendline has been breached and it is consolidating for the past few days and it has the potential to reach 180. Educational purpose. Trade based on your own risk.
Rain Industries Cmp - 226 Stop - 200 Expectation - T1 - 320 T2 - 400, Review at 400 Expected Holding Period - 4 months or earlier for T1, 8 months or earlier for T2 View:- Swing/Investment