Tata Power Fake breakout. keep an eye on it.............................
In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading. Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing...
Stock has formed an ending diagonal pattern. One should go long on cmp i.e. 740-42 keeping a stop loss of 720 & look for the target of 770-75 zone !
Major Monthly Resistanve BREAKout
In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading. Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing...
The stock has corrected after the huge spurt in vol as well as price. The volumes during correction are low and have dried up. The stock has taken support on 20EMA on W time frame and has bounced off from 100EMA on D time frame. It has also respected the trend line. RSI and MACD are also complimenting the price action. The RSI is on rise and MACD is also moving...
Kotak bank has broken trendline on daily closing... Risk reward is great for positional and swing trader. Only 5 % risk and reward is 30 %.. Holding period 2 or 3 months. U can see 2000 target 🎯 with stoploss of 1695.
AXS is looking the mega fall is on the verge to take place
Trent had given a big fall from 947 to around 840 in the past few trading sessions. But, today it has again picked up a bullish momentum with very high volumes. On the daily TF chart, a sharp reversal, a kind of Morning Star pattern from 23.6% retracement is visible & formation of cup and handle pattern with 945-950 being a strong supply zone which can be tested...
Chart Analysis:- On hourly TF of Kotak Bank we can see that Stock is making two patterns – Symmetrical Triangle and Cup - where Triangle is already formed but cup is yet to be form. As we know symmetrical triangle is bullish pattern and cup is forming so after a triangle breakout with a good volume we’ll see our expected targets and we can also take a help of...
Sell Banknifty cmp 35765 spot sl above 35830 spot tgt 50 points to 100 points
Chart Analysis of ASTRON PAPER & BOA LTD. • Chart Analysis- On the Hourly TF of Astron paper & BOA we can see that stock is moving in the uptrend channel Then making a Cup and Handle pattern which is bullish signal for the stock although we can see Stock given breakout of handle but the breakout volume is very low . so it is possibility of making a small cup...
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
trendline support + ascending triangle formation in ALKEM
As we see Gold give a big brekout from last few days on daily time frame, and take a support at 1763 level as i see there is demant and suuply zone so gold should be sideways for some days and if gold give a breakdown and sustain belove 1763 so we can see a big fall in gold Target sholud be1677 In case if gold give a breakout above 1800 Target shold be 1825
Patel Engineering is on upper circuit since last two days. It has made Round bottom chart pattern. It is on the verge of giving break out on weekly chart with heavy volumes. So basically technicals says that bullish momentum for this stock will be continued. Fundamentals of the company is not such good as compared to peers Book value - 49.8 Return on Capital...