According to news,
Cement prices expected to rise further on rising raw material cost
SO KEEP EYE ON CEMENTS STOCKS,
ACC CEMENT FOR BUYING ABOVE 2239,
ONLY BUY IF GIVES BREAKOUT ABOVE EXPECTED LEVEL..
Trade On Side of Market And if you find that trend is week then you can exit before target.
Do Your Own Study Before Taking Any Decision All These...
HDFC Life has been in a correction for over 6 months.
RSI and price made positive divergence, and price consolidated for a few trading sessions at the low level.
Yesterday's big green candle has broken out but has average volumes.
if the price sustains above the upper level marked on the chart, it will be a good buy for swing trade.
SL- Low of the breakout...
Everything you need to know are marked in charts..
The only thing i have to tell you is always know your risk and plan the trades and follow proper risk management.
Trade Responsibly. Don't bust your capital.
INDIAN MARKETS WILL BE OPENING WITH MINIMUM 1% DOWN (GAP DOWN ).
reliance being one of 50 companies, its shares will be affected too.
Today even a short profit booking will also can be seen in RELIANCE !
Targets, trigger-price, stop-loss are provided in chart!
HAPPY TRADING !
Fallow @VK2413 ,like👍SHARE❤️,✌️
Hindustan Unilever Ltd - 11.02.2022
The stock is trading @ 2258 levels
There is a STRONG SUPPORT @ 2250
The prices are below EMA
There is a SPINNING TOP in Weekly Chart
RSI is 40 in Weekly Chart
Let the prices go above 2281, one can initiate a BUY position with Support @ 2222
Watch out for the price action
Trade Setup for 09-02-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up...
I hope you can now see how Banknifty represents an excellent low risk profit entry setup allowing you to trade in the market. Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that...
HINDUNILVR : Ready for Daily BO
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I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
ibulhsgfin currently trading in strong bullish channel. Looking really good for swing and positional trades. It's just getting resisted for time being by that level but once it breaks there no hurdle in the path. Wait for the breakout then can be entered.