TORNTPHARM Resistance levelsNSE:TORNTPHARM
#NSE:TORNTPHARM open with gap up and with a small pull back given good bullish mometum.
Resistance levels for the day marked for referrance.
Happy LEarning !!
Tatasteel
Tata Steel Short trade.In TATASTEEL ending diagonal has been formed at the end of Wave B, If there is downward breakout one can expect down move which is the start of wave C, if it didn't breaks the invalid level placed at 1386.7, then the marking are invalid.
Tata Steel : A good retracement and ContinuationStock has taken support around 1050 levels which is also a 0.50% retracement level.
Stock is showing higher buying volumes and good strength.
Can be bought around 1200 with a target of 1500 and SL of 1050.
DISCLAIMER: Only for educational purposes only.
SAIL Descending triangle !!NSE:SAIL
#SAIL Descending triangle.
Ping me personally for levels
Happy LEarning !!
BANDHANBNK 🔥🔥🔥🔥NSE:BANDHANBNK
#BANDHANBNK blasted and bagged decent profits.
Check out the support level, when our analysis is perfect, market will respect mostly 👍
Happy LEarning !!
BHARATFORG 🚀🚀🚀 shared yesterday.NSE:BHARATFORG
#BHARATFORG shared yesterday and blasted with handsome results.
Do check the other stocks bagged wonderful results.
If you like the analysis, do spread your love by like and share.
Happy LEarning.
Tata Steel Looking BullishAs per my analysis, Tata Steel is looking bullish on hourly chart.
The major support is @ 1069
On hourly chart it is also showing Bullish divergence.
Once can keep this stock on watchlist with a target of @ 1238
PS - This is for educational purpose only. Trade at your own risk. Happy Trading!
#TataSteel
TATACHEM blasted with 22k Profit !! CheckNSE:TATACHEM
#NSE:TATACHEM shared and it bagged 22k profit, wish everyone bagged good money.
Do follow and like for regular market analysis.
Other 7 More stocks which I shared were blasted today, do check my signature for complete details.
Happy LEarning !!
TATASTEEL - RISING WEDGE - BEARISH - SHORTFor Educational Purpose..
Short Bellow - 1340
SL - 1385
Target - 1300, 1270, 1240
Thank you.
TATASTEELAS MENTIONED IN THE CHART
EDUCATIONAL PURPOSE
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TATASTEEL BONSE:TATASTEEL
#NSE:TATASTEEL bounced from support and reached resistance level, BO sustainability may give good up side momentum.
Levels marked on chart for practice.
Happy LEarning
Tata Steel Breaking Out !!📈 Tata Steel 📉
Tata Steel is breaking out of trend line after testing multiple supports at lower levels. Possible targets of 1410 & 1500 will be possible.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
Possible Reversal From SupportCurrently it is at the support level and trying to take reversal from there.
Buy between 1300-1310
Target - 1360
Target price is less. But, it should reach that price quickly.
Magical Parallel Channel : Dynacons Sys SolutionDSSL BO with huge volume with support/demand zone found on the magical Parallel channel. Stock is finding good support in the zone of 250-260, rest we can plan the trade as levels mentioned on the chart
Case Study 1 - Reliance Industries -
Long Term Magical Parallel Channel : we can clearly see the price has respected the parallel channel in a magical way, 1996-1997 3 point touch parallel channel support HELD in 2015-2016-2017 & Mar 2020 crash too. #relianceind
Case Study 2 - Tata Steel -
Parallel Channel worked magically in the Tata Steel were price went strongly through the ceiling of parallel channel, creating another parallel channel guided to capture the whole rally in #TataSteel
Case Study 3 - Havells -
Initial Parallel channel was drawn from 2003 base and connected to 2009 low, stock found buyer on the same parallel channel in 2020 crash, even late buyers could have mad +234%. #havells
Case Study 4 - Nifty -
Same Parallel Channel can Help to enter the larger trend by using it in the correction phase, examples are
Case Study 1 - #Nifty
Case Study 2 - #Techm(Tech Mahindra)
Conclusion : Parallelchannel is one of the most powerful tool in the TA & it can be very useful in finding trend and riding most of it.
Hope above examples help in your trading decisions in future, if you find the work useful do LIKE, SHARE & COMMENT...
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
RELIANCE parallel channel BONSE:RELIANCE
#RELIANCE trading in parallel channel and short term levels marked for practice.
Ping me to know for mid to long term levels if any one intrested.
Happy LEarning !!
TATA STEEL may get weakTATA STEEL formed rising wedge pattern, It might get weak for a short term for some retracement if it break-down the wedge.
Tata steel to take long entryTata Steel to take long entry. All important levels are marked on the charts. RSI forms positive divergences. Also stock is forming higher highs & lower lows. Good buying candidate. This is for your educational purpose only.
TATASTEEL HEADED FOR A BIG BREAKOUT BREAKOUT TO TRADE:
Nifty Metal Sector has gave weekly closing above 61.8% Fib Retracement which means Metal Sector is now officially in Bullish Trend.
Our Long Term Pick is TATA STEEL
REASON :
1. Symmetrical Triangle!
2.Metal Sector Staring at a Breakout!
3. Removal of weak hands done last week.
TARGET : 1500+
SL IS WEEKLY CLOSING BELOW 595
TATASTEEL Parallel channelNSE:TATASTEEL
#NSE:TATASTEEL formed parallel channel, BO may give good momentum.
Levels marked on chart for practice.
Happy LEarning !!
TATASTEEL Supply zoneTATASTEEL approaching the previous supply zone... attempting to break it... can give quick move to 1420-1450.
