BRITANNIA : INTRADAY TRADE NSE:BRITANNIA
Britannia looking good above 3882
@Forming a flag pattern after a pole spike up movement, with horizontal resistance.
@ Good momentum is expected on breakout.
@ Try to capture at least 1% move as this setup is on 15 min time frame.
Always trade with stoploss
Keep learning ,Happy trading.
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Target 1 achieved in Lti | 6% mover This idea is a follow-up to LTI
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Disclaimer: The information provided is for educational purposes only. Our intention is not to provide any financial advice, don't take any decision without consulting your financial advisor.
Bata india to take long entrySwing bata India after the BO of TL near the support level above 1825. All important levels are given on the charts. Stock is forming a bullish W pattern.RSI is also ready to cross 60 levels again the bullish signal. So this is the high probability trade setup. This is for your educational purpose only.
Asian paint to take long entryAfter continuous falling today on the hourly chart we have seen a bullish Engulfing candle at the support level. This indicates a high probability that stock can turn up from the current level. long entry can be taken @ 3012 for the next 100-150 points. SL can be placed below the support level. This is for your educational purpose only.
Long Voltas trade set upLong Voltas above 990 for the huge target of 1050-1075 with the SL of 955-50.High probability trade setup.
1) Stock at a very high support level. Most of the time stock turns up from the same level.
2) RSI Indicator above 60 levels with positive divergences.
3) Crossing the 200 EMA along with the 50 EMA moving average.
4) Entry point only after the BO of Trend line hourly closing basis candle.
If this trade works risk to reward ratio is 1:4.
This is for your educational purpose only.
BANKNIFTY & NIFTY SUPPORT AND RESISTANCE FOR [05-07-2022]NSE:BANKNIFTY
Yesterday banknifty rallied sharply up.
it is likely possible today that it would form a narrow trading range.
market is witnessing choppy movement for last 2 weeks,
all important support and resistance are marked on the chart.
NSE:NIFTY
levels marked on chart.
always trade with stoploss to avoid big drawdowns
keep learning
happy trading.
MINDTREE FocusVannakam makakle, this is VIJAY. Enter after breakout or breakdown happened and expecting 400+ points on either side, keep track it(SWING AND FUTURES PURPOSE ONLY) and add your analysis too.
Thank you for following and if you've any doubts,comment below.
Share to your friends makkale.