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INOXGREEN Analysis Buy mode ON Incorporated in 2012, Inox Green Energy Services Limited is one of the major wind power operation and maintenance ("O&M") service providers within India. The company is a subsidiary of Inox Wind Limited ("IWL") and part of the Inox GFL group of companies. INOXGREEN has broken out to the upside. I am expecting it to go higher. All important levels are marked on the chart. Reasons: RSI > 60, crossing 60 to the upside, entering the bullish zone. (Bullish) Price > EMAs show the market has good bullish strength. (Bullish) VWAP ~ Price shows good volume balanced price, ready to move to the upside. (Bullish) Stock has a broken symmetrical triangle to the upside, which is a neutral pattern. Now, as it has broken to the upside, there is a high probability of moving it to the upside. Verdict : Bullish Plan of action : Buy: 146.50 Stoploss: 134 Target: 187.50
NSE:INOXGREENLong
by finnova_
2
PAYTM --Turn to Multibagger ATM PAYTM --DAILY CHART SETUP -- Bullish reversal on card --may turn to Multibagger ATM Technical observations . 1. Daily chart setup PAYTM seen trading at upper channel currently last candle close at lower level of upper channel 2. 180 HMA Support seen at last daily candle 3. Last candle form as doji trend reversal at lower level of upper channel indicate trend reversal from downtrend of channel 4. CCI ema seen follwing trendline upper trend support 5. Entry last doji candle close above 585 target (3-6 month ) 600-650-700 + ( channel high indicate 750 + level ) 6. stop loss bellow strong support 501 hourly candle close ** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..** trade at own risk !! HAPPY TRADING !!
NSE:PAYTMLong
by champtrade111
NIFTY THIS WEEK ---09/11/2022 to 11/11/2022NIFTY TREND THIS WEEK --09/11/2022 TO 11/11/2022 1. As seen on chart nifty has seen breakout candle at resistnace above 18100 on last closing daily candle successfully 2. Nifty can go towards 18400-18500 level next few session if sustained above 18200 level previous ATH can be tested . 3.if fail to sustained above 18100 -18200 nifty can fall to trendline support on daily chart around 17500-17700 level as red arrow indicate on chart . 4. trix line seeN crossover moving upword which i positive indication for further trend . 5. support form at 18000-18100 on Weekly basis and resistance at 18400-18500 stop loss bellow 18000 for this trend. THIS IDEA IS FOR EDUCATIONAL PURPOSE ... trade at own risk !! HAPPY TRADING . !!
NSE:NIFTYLong
by champtrade111
How to use "Channel Tool" on the Price Chart and its technique?On the price chart can be draw in parallel lines. For example, prices come right in front of you. If this is accurate and if I call the channel of the true value you draw. No, see if it is contained by parallel lines. It is a reasonable price, the price of the action counter train is contained by the action parallel mind, so if the price action is not contained by the parallel lines by default. For example, let's look at an impulsive structure. Here we have Waves 12345, just an excellent Elliot Wave Impulse move. Now let's look at it from the channeling technique. The first thing we want to do Pull back when I call the "Base channel" and it will be this channel here. We start from the origin of wave 1 to the extreme of wave 2 and then take it to parallel to the extreme line of wave 1. The move at this point. We now believe in clarity that we are rallying in the third wave step. Next channel. Whenever there is a lower boundary line on acceleration for the importance of acceleration channel I will call the "Acceleration Channel" which you draw from the extreme of wave 3 to the extreme of wave 3. The channel entered into its signals and confirmed that there were the wave 3 is complete. And, the wave 4 is under way. At that point, we draw a "Deceleration Channel" that defines the parameter of the wave 4. if we go back and look at the base channel, what I found out using this technique is that the trend line that forms the base channel often provides support for the wave 4 and then ends at the break of the boundary line above it. Wait until the correct price channel is on the bearish channel. Then we look at 5 ways to develop an idea. If you have three waves it is very easy, you argue that you can usually only draw one price channel and that is the signal on the price move. If your check is a counter-turn price move if you watch 5 waves, you should be able to draw 3 clear channels on it. So 3 waves, one channel, 5 waves, 3 channels. Well, now that I look at this price chart, well, what do you have? There is a move upwards, which is contained in parallel lines. It's a counter-train move. Thus we can expect more than to withdraw completely. Now go to the downside. Best of luck. Regards, Chitroda Dharmik.
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NSE:RELIANCEEducation
by ChitrodaDharmik8090
36
TECHM side ways to uptrend Target 2-3 % profit entry around 1368 This a BTST and Swing trade Max period of 2 trading days dont hold for long when you get profit exit this make like Higher lower position when after some days it will break the higher lower then time to entry for 5-10 % return but for now 2-3 % will be idle Dont keep taget more than 1395-97 as 1400 will act as round level and also resistence forming higher low postion from 1400 so be carefull IF you got capital then short 1360 PE for Very Good profit
NSE:TECHMLong
by arunprashanth888
Lupin uptrend to sideways Lupin has done Very good correction in this month but the chart looks high slope for downtrend which could sustain as it need to satisfy the demand and supply . Now its in perfect place for retracement can retrace upto around 975 Golden opportunity for swing trade 2-3 days will do it but followed by strict stoploss Take position only after getting buy indication form MACD indication in 1 Hr time frame signal stoploss below todays low 914 ( never take loss more than 1%) target = > 3.5 % + (idle 3.5%) # Don't Greed more than this as to go uptrend it need to form "W" pattern so Dont take risk of expecting more
NSE:LUPINLong
by arunprashanth888