Trader
CIPLACIPLA LOOKING LIKE SELL IN H4 CHART ,,, SWING TRADE ..
AND LETS SEE FUNDAMENTALS TOO... #CIPL #VSGROUPS
MOTHERSUMI TECHNICAL ANALYSIS.This is a weekly chart of mothersumi. A nice head and shoulder pattern is broken. It is retesting the resistance and giving a nice opportunity to sell. A nice positional trade is possible. What is your opinion?
Stop buying after breaking down channel downside. We have enjoyed ITC from the bottom. We can also short after breaking down... wait for confirmation I will update in the timeline here.
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"" WEEKLY CHART ""
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DABUR TECHNICAL ANALYSIS.The price is at an important support level. This is a good long setup. It satisfies a very good R:R ratio. What do you think? Share your analysis.
HINDUNILVR TECHNICAL ANALYSIS.Last weak only we saw hindunilvr breaking its all-time high. Now it is showing correction. We can expect a nice bounce back from the support.
HDFC Technical Analysis.The price is respecting the drawn resistance very effectively. The price got rejected three times from the resistance. It is also forming a nice buildup near the resistance which has the potential to give a breakout. Do keep a watch.
HDFCAMC BULLISHHDFCAMC break a resistance . RSI is also greater than 50 . everthing in showing bullish trend .
Do you want footprint of GRASIM?NOTE: IF YOU ARE PLANNING TO TRADE , I WILL WORK FOR DAILY TIME-FRAM E AND 30-MINUTES TIME-FRAWE FOR GETTING ACCURATE NUMBER TO TRADE. Kindly, say in comment section.
1) The primary trend is up .
2) The remarkable point is price rotation which is a sign for you to trade in which direction.
3) Volume gives hit of your direct right or wrong
4) Observation area should require to watch carefully.
Conclusion: Buying is good on this stock to compare to short. Presently, if it is an up-breakout will show us price rotation and volume will be lower.
Indraprastha Gas Ltd - IGL - Potential upside from 413 to 440Here, i think that there is a potential upside in IGL (Short position) - 12 Days.
The price currently is Rs.413 and i expect that by 24th January 2020, the price should touch Rs.440
The trendline has been strong for IGL.
If you open the daily chart of IGL, you'll notice that there has been a good support to upward movement.
Disclaimer- These are my personal views and not a trading advice. Do your research before trading or investing. I/we are not liable for any loss that may occur. Trading involves high risk and should be done cautiously. (Also, enjoy the process, with every Gain/ (Loss), you get some insights which should be analyzed in detail and taken a note of. Let's grow together as a community and spread knowledge.
