This analysis is only for educational purposes, Invest at your own risk! The New 52 week high created by DRREDDY at the price 4,132.20 INR will serve as the resistance. A Doji candle was seen on the 19th of May(yesterday) which on the next day (20th May)rose the price with an abnormal Volume. The Market closed with a big green candle for DRREDDY, This...
Granules has broken out of a triangle pattern after contracting for a sometime. The stock has shown good relative strength and has reached near its 52 Week high. It is above all the major Moving Averages (20,50,100,200) A swing trade can be initiated once there is price action confirmation above the breakout and one can enter after a pullback. Risky players...
Reliance is looking good above 1380-1400. If it will manage to sustain above this zone then it may test its next supply zones soon. Please find the demand and supply zones for the target and stop loss.
swing trade buy at -554 target -568-569 stoploss-548 airtel is near to the horizontal resistance on daily candle chart. 1.It is in rising wedge pattern. (daily) 2.In hourly chart it shows a trendline breakout with confirmed retest, also a shooting star candle formation. NOTE : sorry for delayed publishing, the half move is completed, but we can still earn...
Disclaimer: I am not a registered investment, legal or tax advisor or a broker/dealer. All investment/financial opinions expressed by me are from the personal research and experience. These are intended as educational material.
Hi Folks, Market Cycle Study On Dabur For Swing Trade Hope You Like It , This Strategy is by Mr. Brian Shannon Alpha Tends. Thanks,
SRTRANSFIN has been trading inside the channel for a long time and this is the perfect time for a swing trade.
Bank nifty after reaching a low on 24Mar2020. It rallied and formed a higher low on 03Apr2020. It again rallied and formed 2nd higher low on 16Apr2020. PriceAction - Forming a series of higher lows, sign for an uptrend. Good for a swing trade with reasonable Risk Reward.
AMARAJABAT CMP: 541. 525-533 is a minor demand zone and 505-512 is a strong demand zone. If it will sustain above this zone then it may give swing to its next supply zone 572-578 / 592 / 610-620. It will be the short turm long trade swing trade for me. ( 1-5 days).
Just Dial is crossing its supply zone @ 447-449...If it will manage to sustain above this zone then it may test its next supply zone @ 376-378 and 406-410. On the downside 325-330 is a very strong demand zone on the short turm timeframe.
My view on Tatasteel was published on 04 Apr 20, titled "Is Tata Steel forming “BOTTOM”" stock went from 253 to 282 levels. Updates will be published soon Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. "Always Respect Risk" Happy Trading Jai Hind Dhiraj Singh Bais Warrior @ Battle field
Bank Nifty reversal pattern form in daily chart. One can go long with Bank Nifty with strict stop loss. This is my own indicator "Trend Trader Harshal". It represents current trend as well as higher time frame trend in same chart.
NSE:CIPLA The current spot is on support and resistance level tested multiple times; the added advantage is its a downtrend.
Recently started reading charts - an amaetur trader. Observed that yesterday it has taken support at support zone RSI is at 60 - forming HH & HL on Daily time frame.
Accumulation is going on . No supply is found at lower level with several tests. and price is print HL. Price is trading within the upward channel. SL Suitable for entry near 760 keeping SL near729.6
Price is taking support .786 fib level and closing above 20 & 50DMA. Entry can be made at CMP 158-160 , keeping SL near 150.
SWING TRADE IN TVS MOTORS VIEW -RETEST OF 200-DMA -BOUNCEBACK -HAMMER (SIGNS OF REVERSAL) -GOOD RISK TO REWARD RATIO CHECK THE PREVIOUS IDEA CHECK THE PREVIOUS IDEA CHECK THE PREVIOUS IDEA TRADE VIEW DEC FUT BUY@450 STOP@443.5 TARGET 1@460 TARGET 2@470 LOT:1100 QTY:2
Maruti completed a bull phase with supply seen in the 8450 - 10000 rectangle zone. The scrip appears to be breaking out of a year long downward channel move on the back of rising demand as seen in the volume with reasonable accumulation. Stop Loss: 6650 Target: 8450