Great Set up. Channel since April of last year. Currently at the bottom of the channel, and indicators going ballistic.
Long just dial above 800 . All important levels are given on charts. Very high probability to stock move up from the current level. The bullish green candle is seen at the support level. Also RSI level indicates the movement of stock & forms a positive divergence. This is for your educational purpose only.
Long Vinatiorg as per the given levels on charts. Stock is every time taken bounces back from the trend lines every time. So high probability to stock moves upward from the current levels. This is for your educational purpose only.
As per the daily chart the previous gap up zone of 950 to 975 expected to act as support Can go long on all dips till 980 with SL @ 900 Daily closing basis Do your own analysis before investing
KHADIM (D):- 341 CMP, looks good for more upsides keep track :)
GRSE (W):- 262.5 CMP, looks good for more upsides keep track :)
SKFINDIA (D):- 3895.35 CMP, looks good for more upsides keep track :)
MIRZAINT (W):- 71.85 CMP, looks good for more upsides keep track :)
ITC - the performance of ITC is similar to the performance of Team India in T20 World Cup... Abysmal - however if we look at it from Chart perspective, we see the stock following the 2-3-5 Rule So what is the 2-3-5 Rule? - It takes 2 point to establish a trend line - Point 3 is your best bet to initiate a trade ( in this case, at 265 since the stock came...
Very high probability that we have seen the reversal in the stock from the same area. buying range between 725-740 for the next target level of 825-850 with SL of 685-690. This is for your educational purpose only.
CENTUM (W):- 608 CMP, looks good Above 620 for more upsides keep track :)
Nifty CMP 17964 Nifty has tested potential resistance zone today ______________________________________________________________________________________________________ Given the set up, one may consider selling Nifty 18400 Call option for 25 Nov expiry in the range of 120-125 Take care & safe trading...!!! Disclaimer - The view expressed here is my...
Taking good support over the lower TL of the channel. Swing traders can watch this out with SL below the TL on clb.
ABCAPITAL (W):- 101 CMP, looks good for more upsides keep track :) Invaild Below 75 WCB SL ABCAPITAL now in uptrend (As per Dow Theory)
BIRLACORPN (D):- 1528.3 CMP, looks good for more upsides keep track :)
ABB (D):- 2119.9 CMP, looks good for more upsides keep track :)
PIONDIST (W):- 194.9 CMP, looks good for more upsides keep track :)
The chart in self explanatory and analysed on basis of : - Symmetrical Triangle - Breakout and Retest Level - Fib Retrenchment Level - Support and Resistance The ideas of both long and short trade given in chart with entry, exit and stop level. Disclaimer : Trade cautiously and consult your financial advisor.