Ambuja cement have give a phenomenon rally from level of 150 to now around 600 levels, almost 4 times in last 2 years, Counter is now trading around 592 levels which is life high levels for the counter, Bearish equivalent harmonic ABCD pattern formation with maturity level around 580-611 levels, now any upward journey in counter should be used to exit your long...
The volume is higher, however there is a long wick and next reistance is zone
Intraday Trade if HAVELLS INDIA breaks 1244 or closes 5 min candle then buy T1-1255/1260 If breaks below 1229 then sell for T1-1220/1210
When price break any boundary with high volume then high probability price continue the trend .
ALLCARGO:- formed rounding bottom pattern and also break the important level and retest the level. good stock keep accumulate Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my...
Long Exide industry between 178-180 for the target price of 202-215 with SL between Rs 165-170. Entry must be taken after the BO of a conflux area of 200 as well as 50 EMA levels. stock is expecting to take support 200 EMA level. seeming good volume with BO. This is for your educational purpose only.
Liberty Shoes is looking bullish in the monthly time frame and we can witness a great rally in this stock till 415 & 520 and even more, so keep this stock in your portfolio for short term above 370 only that too on closing basis.
NSE:NIFTY Nifty analysis for 14-11-22 {monday} Nifty has a heavy resistance at 18350 cause it has reversed from this level twice on a daily time frame. if it breaks and sustains that level then it might try to break lifetime high of 18650 in upcoming sessions support will be 18300 this will become a reversal trade for us. Always use stop loss and trade with...
MNM as per elliot wave theory is on verge to mature its motive phase and soon the corrective phase might unfold ,which would lead to deep retracement in the ongoing rally for this counter. Recently counter gave a breakdown from the ascending trend on a structure of parallel channel and now counter have retested the same channel levels. Bearish divergence on RSI...
SAIL:- formed cup and handle pattern and also breakout the resistance and retest also confirm buy at current level... buy for short term target.... Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that,...
HCL:- HCL tech breakout. with good momentum. keep on eye good for short term. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the...
Logics behind the analysis 1. Bank Nifty is in strong bullish momentum 2. This scrip has shown strong bullish run in recent times thus it's a momentum based trade (just like in traders language "Trend is your friend") 3. Post strong bullish run it's in a rest mode now (profit booking) and therefore it's ranging/consolodating 4. Bigger the...
Long JSW steel in any dip between 705-115 for the next target of 770-790-800 with a small SL of 68-685. clearly successful bo of the stock has been seen on the weekly chart. Rsi moving above 60 again is a sign of strength in the stock. this is for your educational purpose only.
Kindly refer the chart for possible trade with Targets and level marked in chart
PIIND:- trying to breakout from conjunction point. found cup and handle pattern. if break the resistance level go for long Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my...
Persistent Systems have been trading in a broad range for the last few months. It has tested the bottom range thrice and now the prices are hovering near the upper range where we can also spot an accumulation and a confluence of the upper range and another resistance trendline. As for the bearish section, there is a confluence of 200 EMA and the support...
Long Excel after the BO of marked TL above 1225 with SL between1175-1150 for the target price between1400-1600. Stock is expected to bounce back from the support levels. High probability that stock will move up from the support area. Stock is in a consolidation phase for some time. All important levels have been marked on the charts. This is for your educational...
Jindal Steel has broken out of Cup & Handle pattern with good Base and volume. As long as stays abv 470 we can expect good rally