JK Tyre to take long entryLong JK tyre stock. All important levels are marked on the charts. Safe traders can buy half the quantity after the BO of marked TL & balance quantity to buy after the BO of the resistance area. Good risk to reward trade. On all higher time frames, RSI is above 60 a sign of strength. This is for your educational purpose only.
Tradingview
Hindalco can be bullish?Watch daily chart of hindalco stock. A very high probability that stock can form bullish candle near the TL support. So on any bullish candle near the marked area would be the good entry with very good risk to reward trade. Keep the stock in your watch list. This is for your educational purpose only.
ACE stock to take long entryACE stock has strong support at 50 EMA level. On higher time frames stock is very strong & bullish. Long-term swing trade as well as an investment opportunity in the stock. Long above the forming Pin bar above 440 with the ride in trend. 500 levels can be seen in the short term. This is for your educational purpose only.
INTELLECTINTELLECT:- Head and shoulder pattern has formed, wait for breakout, till then keep your eye on the stock
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 successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
GRAPHITEGRAPHITE:- Ascending triangle pattern formed, breakout given, keep your eye on the stock
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 successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
LINDINDIA can go bullishLinde India after a break-out above the level of 4150 can be more strong. Check-in multi-time frame for entry with a good risk-to-reward ratio. stock is holding the 50 EMA level with good support & long trend is upward.
keep the stock in your watch list. This is for your educational purpose only.
GLSGLS:- Looking at the chart of the stock, there is a way of showing a double bottom pattern, plan something only after the breakout, till then keep your eye on the stock.
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 successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Every ready to take long entryEvery ready stock is to take a long entry above 305 after BO of marked TL with a target of 340-355. Stock is forming a W pattern on daily charts, Previously from the area, well support has been taken by the stock. Now a high probability that the stock will move upside. RSI also took support at 40 & forming positive divergences. This is for your educational purpose only.
Nifty: Important levels for trade day 24 April 2023All levels are given in the chart itself
Watch out for Nifty behavior in the zone of 17580-17644 zone for that may give an early cue as to where Nifty may head in to expiry week.
A movement of 250-280 points may be on the cards.
Take care & safe trading..!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
Nifty Important levels for 25 April 2023Nifty
Yesterday we had given a trend decider level of 17580-17644
Nifty spent a good 3 hours in the said range on 24th April 2023 and after 12:30 pm we saw a breakout on the upside. Nifty went on to make a high of 17754.50 (we had given a level of 17754)
Levels working to the point...
For 25th April important levels have been given on the chart
Take care & safe trading...!!!
Nifty important levels for 20 April 2023Nifty
Important levels have been mentioned in the chart
Nifty has fallen for 3rd consecutive day
- yet again held on to the blue support zone for April series
Yesterday I had mentioned that 17566 is an important level to watch out for as it can give an entry opportunity to both Bulls and Bears. For a 20-30 points risk it provides a reward potential of 80-100 points
Nifty made a low of 17579 ( 13 points from 17566) and closed the day at 17618.
Tomorrow being weekly expiry, upper level may be capped at 17732 odd levels
On the downside 17566 still holds the key.
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be