Globus Spirits' charts says a lot these days!! Lets us analyze step by step! This analysis will be purely based on Price Action... "WEEKLY CHART" Firstly, look at the weekly chart above. There is a clear 5 year old trend line, and current price is on the verge of giving a breakout from this multi-year resistance line. The volumes here too are favorable. RSI too...
TECHM | Breakout from triangle consolidation - 18% Weekly time frame is looking flag breakout, can see 60% holding long time. CMP : 1057 SL : 1020 Target : 1220 1:9+ risk reward setup
Aplltd breaking out of Range / Resistance and Trendline together. Looks good for swing trader can consider this with proper risk management.
JMFIN looking good above 95 for targets 101, 120+ Please note I’m not a registered analyst. Please analyse your self before investing
Birlacable looking good if breakout from channel for targets 90, 120+ Please note I’m not a registered analyst. Please analyse your self before investing.
The stock is in consolidation phase, where a swing trade setup is been spotted on the daily chart. The price action firstly made a double bottom on the previous support indicating buyers strong hold on that price range, indicative of buyers buying at support again to swing the prices up. Hence providing a low risk swing trade setup on daily chart. T1- 950 I SL -...
DAILY SWING CALL // Thursday 3rd of June 2021 // NSE:NRBBEARING // This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade // CMP / LTP: 118.9 TARGET: 137+ (15% Around) STOP...
WELCORP | Simple triangle breakout for 12% The stock has potential 50% from here and strong fundemental too, but this a small BTST (3-5 days holding) opportunity based on the time frame analyzed CMP : 156 (Dip : 152) SL : 149 Target : 172
Looking at the weekly charts of Sumitomo Chemicals it can be seen that there is a year old resistance line. And then there is beautiful breakout of this line accompanied by good volumes... (OPEN THE CHART FOR DEATAILED VIEW) Now, here RSI is high and shows momentum. Hence RSI should fall marginally. Therefore, prices must fall, but not to a great extent. This...
MINDACORP | Small flag and Trendline breakout and now retesting the breakout zone - Looks good for 55% CMP : 97 (Dip till 92) SL : 84 Target : 150 1:7+ risk reward setup (from dip)
NAVINFLUOR has given a nice breakout on the upside after a strong base formation. It is offering good risk/reward.
USDCAD reverses Friday’s losses inside a bullish chart pattern, falling wedge, on the daily play. However, buyers need a clear upside break of 1.2100, not to forget the previous support line from March 18 close to 1.2180, to retake controls. Following that, the USDCAD rally towards 50-DMA level near 1.2285 and then to the previous month’s top near 1.2350 can’t be...
M&M ------------------------- 1. BROKEN WEEKLY RESISTANCE EARLIER THIS YEAR. 2. NOW SUCCESSFUL RETESTING OF THE SAME LEVEL. WHERE TO BUY ------------------------- AT CMP WHERE TO BOOK PROFIT ------------------------- AT RESISTANCE 974 WHERE TO EXIT AT LOSS ------------------------- IF CLOSE BELOW 779. IT MEANS THAT IT MAY RETEST THE LOWER LEVELS ONCE...
Undervalued PSU i think its going to blast in time to come,go in slow buying dont buy in bulk will give good returns in future...Do your own research before investing
CNXIT index has broken the all time high. Watch whether it holds or breaks, if it holds we can see fresh rally in IT stocks Please note I’m not a registered analyst. Please analyse your self before investing
Time to be cautious? Small cap index hitting previous all time high. It may reverse or breakout, in case it breaks the high we can another round of bullishness in small cap stocks. Please note I’m not a registered analyst. Please analyse your self before investing.
NSE:TVSMOTOR Levels are Mentioned in the chart... Good for swing trading.. Note: 1. Views are personal. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is...
Eicher motors is at very important level in daily timeframe It has break the important resistance level now it can retest this level keep an eye