IGL looks bullish on 4h chart. Technical Analysis: Candlestick Chart: - Breakout of Triangular pattern. - Breakout of Resistance at 436. - EMA 20,50,100,200 + Moving average lines expanded. + All moving average lines are arranged according to their position. Renko Chart (Brick Size = 5) - 4 Bricks are printed + First 3 bricks formed the...
With stop below the second green line a strong candidate for a 4 to 5% up move Mahindra Holidays & Resorts India Limited is a leading Indian company that provides holiday accommodation and vacation ownership. The company is a subsidiary of Mahindra Group and was founded in 1996. Its headquarters is located in Mumbai, India. Mahindra Holidays offers a range of...
nifty intraday trading setup. D0 your own analysis before taking any trade. Be aware of the exit levels. 1.posibilty 1 market may form inverted head and shoulder. 2.Possibility 2 market may move up according to double bottom setup.
On a big red monthly expiry day, it has taken channel support. Forms a good risk reward ratio. Can buy for targets 1160-1195-1240 Post breakout, targets of 1290-1365-1415-1465 possible. Keep a SL of below 1080-90 closing basis. *This is a view, trade accordingly. *Trail your profits.
NSE:ITC I have a detailed analysis on this stock and also know that many investors are frustrated holding this script. It is also clear that demerger is not happening anytime soon so we do not have a comfort for value unlocking from this parameter. But in a contra bet, script has a strong Fundamentals. According to the chart patterns, stock is trading at the...
2425 -2460 No Trading Zone 2460 Break Go with Long 2425 Break Go with Short. Making Head & Shoulder
Stock has made an inverted head and shoulders pattern on daily charts. Plus there is a golden crossover on daily charts. Bullish sign. (Lets see if it holds the pattern and indications) Above neckline of 126 Targets can be 132-139-146 SL - daily closing below 107 Alwasy trail your profits. *This is just a view. trade on your own risl
Closing above 90 would confirm breakout. Buy for targets 96-105 Broader view targets 112 - 120 SL - closing basis 79
Ascending triangle on weekly + inverse Head and shoulders on daily. Best buy would be around 2600 levels. Neckline at 2735. Above neckline targets 2770-2820-2855 SL - closing below 2520
Buy range 55-61 Huge rounding bottom + Triangle consolidation. Respecting 200 MA on weekly and just below 200 MA on daily. On Breakout, Targets can be 69-75-91-93-105 -Promoter holding more than 60% -low P/E (below industry average) -Low P/B value. SL - weekly closing below 50. *Trail your profits. This is just a view, trade on your own risk.
Huge rounding bottom + Triangle consolidation. Respecting 200 MA on weekly and just below 200 MA on daily. Low Price to book value (undervalued) On Breakout, Targets can be 66-71-78-91-99 . Broader targets 112-123 SL - weekly closing below 50. *Trail your profits. This is just a view, trade on your own risk.
Triangle breakout above 31.60 Targets can be 33-36-38-41 SL- closing below 28.50 *This is just a view, trade on your own risk,
Huge Triangle consolidation. 120-30 strong demand zone. Strong fundamental pick On breakout, one can see 163-186-203-219-228-240 levels with a positional/swing trade view. SL should be the breakdown of the demand zone around 120 .
Weekly Triangle breakout + retest. (Positional/swing trade) Trade idea 1: Buy above a weekly closing of 1240. Targets 1315-1380-1440-1500-1560 SL - weekly closing below 1100. Trade idea 2: Buy now around 1190 with a weekly closing of 1100 as your SL Targets 1240-1314-1380-1440-1500-1560 Always trail your profitable trades using trailing SL This is just a view.
Long trendline + flag pattern at trendline resistance. Stock has corrected 60 odd% from highs On breakout with volumes, this stock can give a good upmove till 126-136-148 levels. Furthermore, targets of 168 and 185 also can be achieved. SL can be breakdown of flag pattern or any weekly closing below 90.
Downbeat US inflation data propelled the EURUSD pair to the highest levels since June on Tuesday. However, the upper line of the one-month-old bullish channel, currently around 1.0670, probed the pair buyers at the multi-day top. Also challenging the Euro bulls is the overbought RSI conditions suggesting a pullback in prices. As a result, an upward-sloping trend...
One can also enter one head and shoulder pattern is active Chart is self explanatory. Levels of breakdown, possible down-moves (where stock may find support) and resistances (close above which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am...
Lupin Reversing from Support of EMA & Channel Support Positive RSI on Daily & Weekly Timeframe Expecting 20-30% move from here Long term bullish from these levels will revise my target after crossing 870-880