A Triangle pattern with a respected trendline and a higly support zone.Good Beakout and Retest of a triangle pattern is seen in Havells daily Chart.Go for long position with pivot levels as target.
An ascending triangle pattern with long term trend line.Confluence of demand zone and chart pattern. Buy SAIL above 134.
So Nifty 50 is looking very bullish and it can also give a gap up opening because of some factors that I will tell you. these are; 1. There is a perfect green hammer in the weekly chart and the daily chart as well. 2. After analyzing the option chain we saw that the call writers exited their shorts in huge and amount and their is a short buildup heavily on the...
Bank Nifty can be a little bearish which may have an impact on Nifty also but same as nifty it will consolidate between the specified regions. There will be no more particular breakouts. So you can have a short strangle or you can sell a call or buy a put near the specified resistance zone. Or you can buy a call and sell a put near the support zone. Overall as I...
Today the chart of Nifty 50 is showing a neutral sign and the market can give both upside and downside move between the specified ranges. So, you must take trade responsibly after observing today's global markets and fundamentals. Also you can consider this day as a consolidation period for Nifty for a good breakout and trade in the options of some stocks. As...
Three line I mentioned which is another another level support and the last support is a major support for this Wipro
Buy/Sell only on given levels. The above chart is only for educational purpose. Make sure you don't trade blindly, reanalyze and trade
Breakout with huge volumes, initiate long RSI at levels of 66 Hold for target - 579
----------------Encourage us by following us for more - READ BELOW FOR COMPLETE ANALYSIS---------------- DISCLAIMER:- This is not a call, we are sharing this for educational purposes only. we are not responsible for any loss. Rather use this as educational purposes. Firstly do your own analysis then only think of this trade and set the risk first, only that...
Punjab National bank has tested the resistance zone/ supply zone multiple times. Hence the sellers are becoming weak now and buyers are getting stronger. If the buyers are able to close the price above the supply zone, the stock may show a good upmove.
Lupin is in bullish mode can test 1294-1313 in this June series
1) short term trend line breakdown 2) it is sideways in medium term 3) short term trend is negative Respected the trend line we ploted even when the nifty is making all time high shows that it is not participating in the overall market rally
its just an educational purpose and sharing the idea of price action and trend analysis method of matic.
good to buy FACT at 140-145 for target of 175 short term 135 as SL
intraday and short-term view : the stock is seen building up near the resistance with extreme low volumes. it has been seeing good buying volumes since the past couple of days. plus the major trend is uptrend. the risk-reward is quite good. possible breakout candidate. NSE:ASTRAMICRO
Rising Wedge Indicates the distribution phase in Bank of Baroda, In 1H double bottom formation has been formed and lead to fall in price of 82.50. Regardless of strong relative strength throughout technical POV fundamentals aren't good to hold this stock but here you can get 15% in short term. Upside Entry (breakout): @87.35 Normal Entry: @80.50-@82.50 For best...
Disclaimer-: 1. FOR WHOM VOLUME PROFILE AND MY METHOD IS A LITTLE NEW OR BLURRY . I WILL SOON PUT UP AN EDUCATIONAL POST WITH DETAILS AND EXAMPLES. WE CAN HAVE A SERIES OF DISCUSSIONS THERE TOO. DO FOLLOW MY ACCOUNT TO GET NOTIFIED. 2. Do ask your questions in the comments if any. Volume Profile-: Using Volume Profile one can identify probable accumulation or...