The Harmonic charts are shown in the chart showing the expected levels
Out of three different Harmonic charts, two gives the same reverse point.
The EMAs are favor of current Bullish
Expected retracements are also shown
The data given here is for STUDY purpose.
It broke a major resistance level with decent volumes. I took a 1:2 position at 3:29 PM just before closing. First tgt- 826.15 and if it crosses that level then 2nd tgt-857.65.
However you can also take a position after 9:30AM on 18th July 2022.
Today's gap up opening in nifty . After opening if it's trading Above 16000 level then possible further upside rally upto 16150 level. down side rally expected in case nifty starts trading below 15950 level downside possible upto 15800 level.
Rain Industries stock is in the mode to break the channel line and might go up. Aggressive Traders Buy above 159 rupees, Conservative Traders Buy above 162.50, with Stop Loss 150 rupees, Target 172-175 rupees. NSE:RAIN
everything is mentioned in the chart.
upside potential - 25 to 30%
macd + 100 ema = positive indication
disclaimer - this is only for educational purpose , I am not Sebi registered. before taking any action do your own analysis.
Stock -> Reliance
TimeFrame -> Weekly
Reliance has been traveling in a channel. It's now back at its lower channel trendline which makes for a good opportunity to go long.
There are multiple factors that further strengthen my conviction:
1)Presence of a support zone
2)Support from 50 week EMA
The Reward to Risk Ratio also seems...
NSE:TATASTEEL shows strong buy indicated by PSAR, MACD & Fisher crossover.
Target 2: 1342.35
Target 1: 1320.35
Stop Loss: 1263.20
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to...
NSE:BLS shows strong buy indicated by PSAR, MACD & Fisher crossover.
Stop Loss: 344.35
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This...