Sharing only for the purpose of learning. IT sector may lose some steams after this wonderful rally. Fibonacci Projection as shown reached the 1.414 levels in a single rally. Few stocks showing some retracement signs on charts. It can retrace or again start his journey again as few stocks still seem very strong on charts as below. - TCS - Mindtree ...
3MINDIA (W):- 22839.65 CMP, Looks good for reversal (Dow theory follow by 3MINDIA) NEXT Target 31700/33000 As per price pattern 1) CIP + Bo retest zone (Cluster Buying Zone ) 2) high probability Setup
#Watchlist #ZINC (4hr):- 247.75 CMP, at Support looks good for 253/255 (Invalid Below 245 DCB) 1) Trading at Support Zone :) 2) Volume Contraction #Disclaimer:- View shared is for educational purposes only. #StockToWatch
RSI Divergence Sharing for study purpose only. BalkrishnaINd Making Lower lows on charts. For early indication, we go down on Hourly charts. As prices are moving down RSI is not making Lower Lows. (Marked with red arrow) You can check on the lower time frame also on 15 min/ 5min charts. It's an accumulation zone for the stock which can give a good up move in...
#Watchlist #ZOMATO (30TF):- CMP 133.40, Trading into (Symmetrical Triangle pattern) and taking support keep Track :) 1) Wait for Breakout/Breakdown :) 2)RSI breakout now its taking support from breakout zone :)
#Watchlist #Sunpharma:- Give a breakout at 785, Looks good for more upsides :) #Disclaimer:- View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions.
RECLTD (4HR):- 150.35 CMP, looks good for 160/170++ (Taking support form supportive trendline + EMA 200)
ALBERTDAVD (W):- 643.4 CMP, Looks good for more upsides :) 1) Multiyear Breakout Done :) 2) Volume Spurts
SHRIRAMCIT (D):- 2158.1 CMP, Looks good for more upsides :) 1) Breakout Done :) 2) Volume Spurts
KREBSBIO (D):- 149.75 CMP, Looks good for more upsides :) 1) Breakout Done :) 2) Volume Breakout
#ZINC (4hr):- 251.6 CMP, at crucial Resistance If closed above (251.9/252.4) this then 255/260 levels will come :)
Silver (w):- 62654 CMP, at crucial support If closed below (62150/62000) this then 56600/58500 levels will come :) 1) Crucial Support Holding 2) Volume Contraction
Banknifty Spot (2hr) :- 36014.8, If BNF SPOT BREAK 36200 then 38200/38500 will come (AS PER TECHNICAL) Resistance Zone:-36000/36500 Support Zone:- 35500/35000 #Disclaimer : View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions.
21x in 7 years !! Pharma companies on the rise, so is this small pharma company with an household product. Claim to fame : Burnol Maker.
#NTPC:- 118.15 cmp, looks good for more upside :) #Plan you trade :)
#Watchlist #INDUSTOWER (W):- 213 CMP, Looks good for more upsides, invalid below (190 WCB SL) 1) Trend Reverse (Dow Theory) 2) RSI Hidden Divergence at CIP Zone :) #Disclaimer : View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions
KSL (D):- 431 CMP, Looks good for more upsides :) 1) Breakout Candidate + good Results (QOQ) 2) Volume activity #Disclaimer : View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions
GHCL (W):- 366.45 CMP, Looks good for more upsides :) 1) Multiyear Breakout Done :) 2) Volume Breakout