Bhel has been in a correction for some time and tested 50 levels. Now, it is the time to upward journey as it broke short term trend time. From the chart, it is clear the #BHEL is respecting the parallel chart pattern. It took 3 supports on the downside and one rejection at the top. We might see one more rally and fill the gap, which BHEL created at around 72. Sl...
Monthly timeframe making long term cup pattern Hold for long term invest low amount volumes are very high RSI showing Divergence (Upward) MACD is Bullish
Indian Bank has made a W formation in Weekly chart and has given a breakout today (12th October's trading session). Short term position target can be 195 above and long term can be above 200 with SL of 153 in short term and 143 below for long term trade on weekly basis.
if price sustain over 320.85 or 301.35 price level then good to buy for long term. 1st safe target-1 435 T-2 600 and finally new higher high.
{{Trade Setup}} : A Weekly symmetrical triangle is observed forming since Dec'20. Price breakout was printed on 13th Sep'21 supported by breakout volumes. After breakout & retest, price is sustaining outside the triangle range. {{Targets /SL}} : A safe entry can be initiated above 82.65. Targets are set as the triangle pattern height at 118. SL will be a weekly...
On the weekly chart, the Share holds a major support level near 2900 after touching high at 3800 level. After more than 1 month consolidated, he was able to hold major support and bounch back positive in this week. If he holds it and momentum continues as per the chart then it going to test again at 3400 levels in the near future. Also, On Bolling Bands share is...
In recent days, VRL stuck with the upper circuit but after that, it retraced and hit the pivot point & created a base. And also we can see on the chart, it made a flag pattern and gave a breakout. So, the target price will be Rs 400.
NSE:DBL Cup and Handle Pattern in DBL. Risky trader can enter now till 706 and wait for Breakout Longterm Target - 1200 with a Time frame of 1.5 Years on breakout above 710. Disclaimer - Its not a Recommendation
NSE:NBVENTURES go for long if it closes above RS 131 in daily candle Channel Breakout Entry Above 131 Target 158 Stop Loss 120
Rain industries NSE:RAIN go for long previous high breakout Entry 254 Target 272 Stop Loss 226
MCX:GOLD1! could see starting of long uptrend. SL- previous week low -on weekly suport. - .618 fibsupport of previous swing low & high -good risk reward please note this is weekly TF. #the_pravin #simplepriceaction #notoindicator #nakedchart #swingtrading
Squeezing of bollinger band low volume stock but volumes are increasing symmetrical triangle formation
Nestle after consolidation, now the bulls are back......
All PSU bank stock might outperform in the coming months. I am targeting Canara Bank and Bank of Baroda. We might see a breakout in Canara bank from these levels. The Current CMP is 176.85. I have bought shares of Canara bank at 174 and targeting till 200. If it sustains a physiological level of 200, we might see 225-230 levels. Time Frame: 1-2 Months
BHEL NSE:BHEL Cmp - 53 Stop - Nil, Add more on relevant dips Expectation - T1 - 100 T2 - Open, Review at 100 Expected Holding Period - 8 months or earlier for T1 Technicals - ✅ Fundamentals - ✅ View:- Investment Disclaimer:- Ideas being shared only for educational purpose Please do your own research or consult your financial advisor before investing
witness breakout now we can see 500+ coming in this keep on for educational purpose only
Trangle breakout now we can see 640 coming in this keep on radar for educational purpose only
BUtterfly breakout now we can see this keep on radar for educational purpose only