Tradingideas
SBICard up for a breakoutSBICard has been actively taking support at 200 EMA and bouncing back and hitting 1140-1160 levels, but this time it seems it isn't headed towards 200-EMA and rather it is forming a Bull Flag , one can go long once breakout done and expect an Immediate Target of 1300.
Short Term Target: 1500
IBREALEST: Ready for a big move? Detailed and Broader AnalysisIn the context of the above chart you may notice the importance of 104 to 115 levels that acted as support during initial years and resistance during the 5 year consolidation and whenever got broke with high volumes has given a very good move towards the crucial resistance of 254. This is a weekly chart so I'm sharing a broader analysis. In this July month we can see a massive volume breakout after a RSI divergence and a good rally towards 170 levels. Now it's heading for a retest. First of all if you do sectoral analysis by reading up the Relative Strength of the Nifty Realty sector you may see a rise as compared to the previous years. Simultaneously It is performing in line with Nifty REALTY. Also Real Estate is expected to give returns in the near future, more and more people are inclined towards it as the returns in the prev. four years were average. It was in a indecision or a range so we may see a price hike. If you feel my analysis was convincing then pl. like, also I welcome your views. If you want to accumulate, Enter at RETEST i.e., 115 levels or start pyramiding now, can be good for the targets of 170+ and even 200+
NIFTY Intraday Levels To Watch And Trade on 07 Sep 21Dear Traders,
Here in this chart of the NIFTY Index, I have drawn important DEMAND (Support) zone and SUPPLY (Resistance) zone which will be important for intraday trades on 07 Sep 2021.
LOGIC- As we know price is the GOD in the stock market, the price of any stock/index itself is the biggest and most important indicator to understand the direction, sentiment & trend of the market.
Every business works on the basis of DEMAND & SUPPLY and the stock market is also pure business, so from price, we understand the DEMAND & SUPPLY areas to watch and trade daily.
Every day I will post the daily analysis of NIFTY & BANKNIFTY which will help you to trade in intraday.
Thank You.
Bharti Airtel is Giving a Good CallThis a Good BUY recommendation in Bharti Airtel Stock. It is showing a Triangular Pattern currently and the Stock is very real bullish and we can see a Flag Pattern also in the Chart. There is a Small risk pattern that the Stock has still not Touched the Trend line, so we need to wait for the stock to touch the Candle Stick till the Trend line and then it will show / give a strong Bullish Movementum.
CMP - 540-542 / TGT 1 - 572.50 / TGT 2 - 608.85 / SL - 520
SilverIt has been lacklustre since touching the high of $ 30 a year back. It traded in the 22-30 for a year.
With a decisive break of the 200DMA on Friday at $25.7, it would have given sleepless weekend nights to the Silver Bulls.
The GANN Fan lines and Speed resistance lines are also not signaling any smooth up-move in the near term.
Grasim Industries Swing Trade OpportunityAdd "Grasim Industries Ltd" | NSE: GRASIM to your watchlist. Good Swing Trading Opportunity if breaks the upper resistance as shown in the image.
It is forming an inverse head and shoulder pattern
Disclaimer: This is for educational purposes only. I am not a SEBI registered advisor. Please consult your advisor before investing.
Happy Trading and Investing :)
NATIONALUM - Swing Trading OpportunityAdd "National Aluminium Company Ltd" | NSE: NATIONALUM to your watchlist. Good Swing Trading Opportunity if It spends time near resistance
Disclaimer: This is for educational purposes only. I am not a SEBI registered advisor. Please consult your advisor before investing.
Happy Trading and Investing :)