SWING TRADING ANALYSIS : Oriental Carbon & Chemicals (OCCL)SWING TRADING ANALYSIS: Oriental Carbon & Chemicals (OCCL)
LONG VIEW FROM CMP
SL 720 ON CLOSING BASIS
EDUCATIONAL PURPOSE ONLY
Trendchange
Nice breakout.after a long time Bajfinance is showing good brekaout with volumes. must with with day before yesterdays low as stop loss. tgt is huge
Navneet Education - Facing resistance from 25 weeks EMA- Trend - Downtrend (represented by Red bars above)
- Facing resistance from 25 weeks EMA (or 250 days EMA if seen on daily timeframe chart)
- Promoter buying seen in March 2020 quarter.
- ROCE consistently over 25% in the last 10 years. Current Debt:Equity 0.3x
- Making Ascending Triangle Pattern
- Can the National Education Policy 2020 be a Bull trigger for companies in the education sector?
ShortSeems to be a channel breakdown + stock is in longterm down trend.
Can be good short opportunity !
BTC/USD: Potential Change in TrendBTC went through a strong bearish phase till middle of March and entered in to a weak rally till first week of April. Since then it has been showing signs of weakness as shown by the simple trend following (High-Low) mechanism on the chart.
If the current trend continues we may see 5850 and 4810 test.
I do not trade BTC and all the above views are personal.
Hit like if its worth.
Regards
JJSingh
Trend change dateJust note the high and lows of today
high-24994.85
low-24803.65
if market sub stain after breaking high or low just take a trade in that direction
Just for knowledge purpose i captured complete 1006 points of bank nifty -0.20% by analysisng the dates
Sustaining above high and low is very imp not just breaking
ONGC - Changing TrendIt has been observed that the price action formed a double bottom at 155-157 levels and now showing strength and pushing up price action to new highs and changing the trend from lower lows to higher lows and higher highs. It is a positive indication and the stock shall perform well in coming session.
T1- 170
T2- 175
SL- 162
Hotel Leela - Initiating Big Move AheadIt is been observed that the price action firstly broke out from the long term trend line and now breaking out from a short term trend line indicating a strong up move ahead.
It is not fundamentally good but it shall provide good short term returns.
Target 1: 30 (50%)
Target 2: 45 (120%)
Stoploss: 17 (15%)
Disclosure: Personally invested.
Natural Gas Futures - Indicates "Change in Trend"On monthly chart, the price action indicates a change in trend.
Why is it a Change in Trend:
1. Price action making lower Highs (LH) and Lower Lows (LH) on monthly chart created a downward trend channel.
2. Now the price action made a Higher Low (HL) as indicated in above chart that indicates rejection of lower prices and buyers entering market to control price action and move the prices higher.
Indicating change in trend as now the trend of "Lower Lows" have changed to "Higher Low".
What do you think about it? Would you agree or not? Questions related it? please share remarks or queries in comment below section in order to improvise it.
Thanks,
Regards
