Stock has tested in major support zone of 63 and bounce back from those levels and broke the down trendline indicating continuation of the current momentum. A Fresh can be initiated at 66.5-67.5 levels with stoploss below previous swing low for target 1 and target 2
RBL Bank is been trading in a range and formed a Inverted HNS pattern on 1hr TF.. and the neckline brokeout on 7aug. now the scrip its retesting its neckline.. a long trade can be initiated here with stoploss of previous swing low for target of recent swing highs and even more...
THERE IS A DOUBLE BOTTOM BEING FORMED AND THE NECKLINE IS BROKE THERE IS RESISTANCE AT 2160 AND THE BEARISH TREND EXPIRED AND BULLISH TREND HAS BEGAN. (ALL THE ORDER TYPE I CHOOSE IS CNC) NEW SWING TRADER :)
lupin has made a double bottom and its in uptrend in 1hr tf. and the candles show bulls are in control there is a resistance at 940. few green candles formation at above 950 the stock has the potential to reach 1000. AND THERE IS BULLISH ENGULF TOO AT THE BOTTOM OF THE NEW TREND. new swing trader. :)
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Accumulation is going on . Price is printing with the upward channel. Entry near 111-112 with SL 110.
Accumulation is going on. Suitable entry @ 440-430, SL 420
As per daily chart in ICICI BANK Bears phase cycle is on swing with the negative impact of both Fundamentally on sector wise and as well as Technically. But as Fight Continue from Swing high of 307 Bears Attacked on Bulls with Three Consecutive Drag down Round upto 295 levels and Bears have More Power to Beat Bulls to the level 276.50 and more below 262 Levels...