STAR CEMENT | Bullish Pattern| Multi Year Breakout
This is has given multiyear breakout. After breakout, stock consolidates and now it gives bullish breakout
As we can see BANKNIFTY has finally reached its SUPPORT and demand zone of 44300-44600 levels as analysed in our previous post. Now we can expect BANKNIFTY to show some strong movement from here if opens flat but if BANKNIFTY opens weak we may see BANKNIFTY show more of unidirectional fall of more 1000 points but there are higher chances of BANKNIFTY to reverse...
Ambuja Cement Cmp 474 dated 3-8-2023
1. Triangle Pattern BO @ 476
2. Higher Lows
Buy above 476 for target 487-500-525-535-550 SL 450
It is just a view, please trade at your own risk.
1) Nifty broke the short term trend line indicated by brown color.
2) if it closes today so next support will be the long term trend line. Which was previous Resistance, it can act now as a support.
So. you can make your decision as per this analysys.
IRFC has recently moved to all time high and now has formed a symmetric triangle pattern. As per the price action on daily and weekly chart, currently it is trading at pre-breakout level and today closed with good volume.
Aggressive traders can initiate long position at CMP and safe trader can take entry once daily candle closed above the entry line. In short...
As Per technical Analysis and OI Data Analysis NSE:DRREDDY Looks Bearish If its break 5630-20 then Probably it will test 5500,5470,5430 Level this levels are base on Volume Data.
as a Trader i am Planning To create Hedge Position.
all traders in August Series
Buy DRREDDYS 5700 CE Near 130-135, and sell Future Below 5650 Stop Loss 5710, target 5570,5530and...
JYOTHYLABS Hourly has trendline breakout/flag and pole breakout. Good to buy at 313 with sl of 304 for targets of 336
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This is purely for training and educational purposes. We shall not be responsible for your profit or loss.
The stocks discussed or recommended here, may not be suitable for all investors. Investors must make their own investment decisions...
As Per Weekly Chart Trading Analysis and 52 week Trading strategy NSE:UPL ill try to take Support Near 600-595 Level if its Break then we can 580,565 Level but Currently its looks Difficult.
as A Swing Trader i am Planning take entry in this stock ill Buy Near 605-608, Stop Loss 590, Target 635,650 Time Frame 90 Days.
Before Taking Any Entry Do your Own...
Hope all are doing great.
Here’s my 1D timeframe analysis. As we can see in the chart from 18-Nov-2022 to 5-Apr-2023 around 138 days there was a good falling channel pattern. It broke and achieved 3 times the target.
The next 138 days from the previous breakout is forming beautiful rising channel pattern. As per the pattern nature it might break below to the...
As per the chart you can see here market made LL, so the market will go for pullback for invite buyers. What do you think about this analysis if you agree please comment.
As we can see BANKNIFTY fell unidirectionally for over 600++ points exactly as analysed in our previous post as it open-end weak and fell unidirectionally. Now following the global cues we might expect the index to open weak tomorrow too, hence we may expect BANKNIFTY to remain sideways to negative throughout the day until it reaches our demand zone wherein any...
Nifty Analysis
Parallel channel pattern
Bias : Negative
Resistance : 19720 19800
Support : 19598 19540 19500
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Disclaimer:
Ideas listed are My Trading analysis and Notes/journals. Not a RA
These are NOT recommendations for Buy
/Sell.
Do your...
DCW Daily looking bullish, it has trendline breakout with 200 ema support on daily candle.
Good to buy at 49.70 for target of 62.50 with sl below 44.80
NSE:BANKNIFTY
Important Note: This is not an investment advise, This analysis is made for educational purposes only.
These are the Important level to trade on Monday.
If it gaps up and skips any target specified here then consider the next target as the first target.
Consider Market to be bullish until it breaks the support level.
Please Refer the Chart of Entry, Target and SL.
Please do follow Position Sizing and Risk Reward Ratio while planning any trades.
Note: This information is for education purpose only and please do your own research and consult your financial advisor prior to taking any action.
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BUY - ARVIND SMARTSPACES
CMP - Rs. 402
Target - 1: Rs. 524
Target - 2: Rs. 614
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Timeframe - 4-8 months
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Technicals - Trendline Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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