Expecting a temporary bounce back in TECHMTECHM is at important zone of support. Awaiting for a little retracement above 1055.
Trendfollowing
SBIN LEVELSBulls will be active above 480 level and bears will be aggressive below 430. There was continuous lower highs and consolidation. Expecting a blast in upcoming days.
Nifty50 Analysis - June - DecEducational:
Bearishness in the Index will continue till end of the year. Temporary bull run can be seen in August & October but the correction will continue till 12800-13200 levels before a bull run can set off.
POLYCABFlag pattern forming in polycab
Always follow Risk and Position Management❇️❇️
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icicigiAdd to your watchlist and if there is any green candle then take trade
Always follow Risk and Position Management❇️❇️
For more information like this follow me in Tradingview @Jagadeesh11616125
Happy trading😊
CADCHF STRONG SELLCadchf i see Strong sell, If you take trade you can earn more money. Low sl and more profit.💥
TATASTEEL IS AT MAKE OR BREAK LEVELIf this zone acts as a strong resistance, we can expect a great fall. If it is sustained above this zone, buy positions can be considered.
JK PAPER SEEMS STRONG.JK Paper showing strength can give a breakout as well. It's been outperforming the index for long and demonstrating strength in these weak market conditions. Once it goes above its resistance and sustains there, it can towards its all-time highs.
TCS IS AT MAJOR SUPPORT ZONEA long time resistance zone turned into a strong support. Awaiting for a bounce back. If the support zone is broken, a great fall is anticipated.
BEAUTIFUL SYMMETRICAL TRIANGLE Perfect lower highs and higher lows. Expecting a terrible breakout in the upcoming week.
SUNPHARMA COULD GO TOWARDS ITS ALL TIME HIGHS.As far as sunpharma is above its weekly trend line, it is demonstrating the strength and can go towards its all-time highs. One can get into this trade, keeping a stop loss below the trend line. Do follow risk management rules and maintain proper position size.
DRREDDY IS AT CRITICAL ZONEIt reached the strong support zone in weekly chart. A bounce back is anticipated. If the support zone is broken, we can expect a great fall.
An unfolding bear marketIn search of the next bottom, we look for five-wave declines to complete. Prices have been falling inside a channel and a breakout would put us in the price territory of the previous ivth wave near 16404 to the gap zone near 16484. But what if we do not breakout and keep falling below 16000 we could see a free fall with multiple extensions on the downside. Sentiment is poor and markets look oversold but will that work?
Stock of the week is Elgi EquipmentElgi Equipment - CMP: 337.5 / Target1: Rs 358 / Target2: Rs 382 / SL is 293
Stock showing momentum with RSI above 50
After recent pull back this stock looks attractive
STRONG BUY FOR THIS SHARE.......CEREBRAINT. makes morning star pattern on their support and following parallel channel..
so, strong buy for good targets
Rallis rally has just begunRallis rally has just begun
Above 280 can speed up to 300 very quickly
High volumes and a breakout
Stay ready
Just dial on verge of a break out, stay tuned! Just dial looks like is ready to zoom
On verge of a breakout
Got huge volumes
Above 905 can rally
MUTHOOT FINANCE IS AT MAKE OR BREAKResistance has turned into a support. We can expect a bounce back from this level or if it breaks this support, we can expect a good fall till the swing low.
ALLCARGO Trend Following Trade setupHistorical trend is looking strong and momentum is on buy side, as per trend following rules, it should continue to create a new high. This is daily time frame, it can take time otherwise stop loss is always their to protect.
US100 - will it find support ?Final Support for Nasdaq is at 15510 below which it will breakdown until next support at 15280
Newgen Range Breakout Works very Well.Newgen
Range Breakout Works very Well.
On Positive Breakout We can see Good Move Up to Resistance
after Resistance Breakout we can see more up move
Always Usestoploss
NIFTY two WAYS analysisThe chart gives two directional possibilities
if it goes above 17600, possible to reach 18115
if it cross below 17326, possible to reach 16975
The chart analysis is intended for STUDY purpose only
No recommendations for TRADE
