I NOTICED THE INTERSECTION OF TREND LINE TELL THE DATES OF TREND REVERSAL, AS BIG PLAYERS TEND TO FOLLOW THE GANN CYCLES AND THE TECHNICAL ANALYSTS DRAW PLAN WHEN TO EXIT AND ENTER BASED ON THE DATES . EVERY THING IN A PRE ARRANGED DIAGRAM FOR EXAMPLE WHAT WE USED TO DRAW A PLAN WHILE BUILD A HOME WITH UTMOST CARE
This Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
You can make your entry now confirmation of downtrend has ended and stock is about form new uptrend. Buy @170 and if it takes support on the provided support line you can also average your position. Short term target looks to be around 178. Positional traders can go long with this trade for sure. I took entry at 160 and looking forward to the target.
Shorting @ 442.30 w/ SL @ 450 (if it closes above) Targets in the chart. Short June Futures @ 439.3 no hedge. GLHF!
ZEEL ENTERPRISES FORM A TREND LINE. IT COMPLETE THE 4TH MOVE AND MOVING UP BASED ON TREND. NOW COMPLETE THE UP TREND EITHER IT COME FOR RETRACEMNET OR BREAK THE TREND LINE WE EXPECT THE HUGE FALL IN ZEEL ENTERPRISES.
After forming lower high and lower low several times in the chart downtrend was conformed and I kept eye on the stock. On 28th of May in the last 2 hours, the one-hour candles were formed above the trendline and I was expecting a positive movement after the second health bullish candle above. The second conformation was RSI getting stronger and the gap up opening...
Trend is Bearish as per moving average MAY expect pull back up to 18300 to 18450 then wait for confirmation to move further down (based on candle) up to marked levels. BEARISH ENGULFING FORMED 4HR BASIS **Educational purpose only
I think it'll be broken in few days, exept Mrs. Nirmala not give market any injection/boost.
After the pandemic of COVID-19, this stock has recovered amazingly and it is in a clear uptrend. In the daily chart frame, we can see this is in the consolidation phase and there should be some correction remained in the stock. Personally I feel like the stock is quite overvalued in the current situation. If it takes support on 3408 levels and bounces back I...
For long traders it is advisable that maintain stop-loss 311 nearby and trade. The stock is showing that it will move in a up direction. ----30 min chart---- For short term traders it's a big question is it a break, or price will fall down? Answer is if price cross 323.5 level it will be conform that the stock is going for up-trend after breaking the down trend...
ACC Ltd – Stock Review (Neutral) ACC Ltd gave a small rally from 940 level, however prices failed to sustain above resistance level of 1216. From last few days, prices are range bound and has been moving in a range of 1101 to 1206. Even today, the stock witnessed selling from its resistance trend line & closed just below it. The overall trend for ACC Ltd still...
Buying in INFY Target and Stop loss marked
A strong feeling for the major resistance breakout soon.
PVR Looks Weaker and there is a chance to go 700 Levels. RSI also Less than 50. Main Support at 921 if breaks out further down. Stop loss at 1058
Bank nifty is following uptrend for short term, trying to retouch swing high.
Here is the analysis of reliance. Please Wait for the review
Long term CAGR of Wipro = 8% Typical cycle variation = 100 points over 48-60 weeks Positional Suggestion : Buy/Sell 25 pts away from central trend line. Typical period 75-90 days. NSE:WIPRO