NSE:SBILIFE Trade Setup for Date 27-08-2021: 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 tomorrow. ...
NSE:BHEL Trade Setup for Date 27-08-2021: 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 tomorrow. Please...
NSE:IRCTC It has been trading in parallel channel for long time. Today it took resistance from middle trendline of parallel channel. Good positional buy trade will be only on breakout of middle trendline of parallel channel. Target will be 2750 or the upper trendline. On breakout of upper trendline it will have good up movement. Trade Setup for Date...
NSE:ICICIBANK Observations: 1) On daily time frame, it is testing highs of Feb-2021. And it is taking support from 674 level range since last 2 days. 2) It is trading below 21DMA but above 50DMA . Please refer Chart below: daily time frame. 3) On 15min Time frame it is trading in the descending channel pattern. Please refer chart below: 15min time...
NSE:KABRAEXTRU TODAY, it closed just in the range as well as slightly below 21DMA. If it trades above 215-216 then it will be buy trade for minimum of 5% upmove with stop loss of 210. You can also refer my previous ideas about Kabra in below link.
NSE:IRCTC Observations: 1) On daily time frame still it has been trading in the parallel channel . 2) Today it broke the middle trendline support and closed just above the bottom trendline of parallel channel. Please refer Chart below: daily time frame. Trade Setup for Last Week August -2021 1) Don't Jump in to trade at the beginning of the market....
NSE:IRCTC Observations: 1) On daily time frame it has been trading in the parallel channel. 2) If you see earlier bottom trendline of channel was working as a resistance. 3) Then middle trendline of the channel was working as resistance. 4) Then bottom trendline of channel was working as support and then it gave good breakout of the middle trendline and...
NSE:JUSTDIAL Observations: 1) On daily time frame it has been trading in the range since 26 Jul 2021. Break on either side will give good move. Higher range for breakout is 982 level and lower range for breakdown is 945.55. Please refer Chart below: daily time frame. ------------------------------------- Trade Setup for Date 23-08-2021: 1) Don't...
NSE:RELIANCE Observations: 1) On 15min Time frame, it is trading in downward channel. Please refer Chart below: 15 time frame. 2) On 1 Hour Time Frame, it is now back to its neckline after giving breakout of inverse head and shoulder. As per theory it should now test this neckline and give bullish move upside. Please refer Chart below: 1hour time...
NSE:COLPAL Observations: 1) On Daily Time frame, it is holding it above 100DMA. Please refer Chart below: Daily time frame. ------------------------------------- Trade Setup for Date 23-08-2021: 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) If you know scalping then you...
NSE:DABUR Observations: 1) On Daily Time Frame, Finally it took support from 21DMA and show good up move. 2) On Daily Time Frame, Now it closed above both 21DMA and 50DMA and took support from both 21DMA and 50DMA in past 2 days. Please refer Chart below: daily time frame. 3) On 1 hour time frame it has made rounding bottom pattern and closed near the...
NSE:DIVISLAB Observations: 1) On Daily Time Frame, it just closed above 21DMA which is also a good support at 4900. Please refer Chart below: Daily time frame. 2) On 15 min time frame, it is now in critical Zone. Please refer Chart below: 15min time frame. ------------------------------------- Trade Setup for Date 20-08-2021: 1) Don't Jump in...
NSE:HAVELLS Observations: 1) On 30min Time Frame, It has been taking support from parrallel accending support zone from long time. And it closed just above that upper trendline. Please refer Chart below: 30min time frame. 2) On 1hr time frame, it is making accending triangle pattern. Breakout of 1260 level on hourly time frame will give good up move and...
NSE:BHEL Observations: 1) On One Hour Time Frame, it just broke the trendline and closed above it. Please refer Chart below: One Hour time frame. 2) On Daily time frame, it took support from the critical Zone bottom level. Please refer Chart below: Daily time frame. ------------------------------------- Trade Setup for Date 20-08-2021: 1) Don't...
NSE:HEROMOTOCO Trade setup remains same as per previous trade setup. Please refer link below to see previous trade setup. Do comment your doubt or suggestion.
NSE:BHEL Here is simple trade setup for BHEL. Levels and chart are easy to understand. Further if you see on daily time frame, it has formed inverted hammer pattern. So if on 09-08-2021, if it maintains the level and trade above 57.55/57.65 then it will be bullish. And if it fails to do so then it will continue it downward journey. Do comment your doubt or...
NSE:GODREJPROP Observations: 1) On Daily Time Frame, it is trading above 44 DMA and keep on taking support from it.It took 2 time support from 44DMA. Please refer Chart below: Daily time frame. 2) On 1 hour time frame, it is now on critical Zone. Please refer Chart below: 1 hour time frame. 3) On 15min Time frame, it is taking good support and...
NSE:HEROMOTOCO Observations: 1) On Daily Time Frame, It breakdown 400 DMA 1st time on 29 July and from the next day stock reverses. Yesterday, it closed below 400DMA but today it reverse with powerful candle and closed above 400DMA with good power and volume. Please refer Chart below: Daily time frame. Whenever Stock is at 400DMA it has higher...