ASIANPAINTS has broke its trend line with high volume and is currently trading near its resistance. It is looking bullish if candle sustains above resistance. You can go long in ASIANPAINTS after doing your own analysis. ONLY FOR EDUCATIONAL PURPOSE..
SUNPHARMA has broke its trendline and is near its resistance I think it will go bullish if candle sustains above resistance. You can go long in it after doing your own analysis. ONLY FOR EDUCATIONAL PURPOSE..
If stock closed in 298 then new investor are sure coming for new position . Today stock breakout major resistance trendline . form opening to today this trenline which are show in chart . also you check the volume .
UBL Cmp 1668 dated 26-7-2022 1.Sell below 1655 tgt of 1635-1600-1575 SL 1690 It is just a view, pls trade at your own risk.
Bajaj Auto Cmp 3925 dated 26-7-2022 Sell below 3915 for a tgt of 3865-3775 SL 4025 It is just a view, pls trade at your own risk.
NSE:BEL #BEL trading bullish consistently and noted ATH with very good momentum. Formed beautiful ascending triangle from support, not pullback ascending and given BO sustainability. Resistance level itself work as support for long players.
the stock is approaching a strong support in weekly chart.........meeting point of trend line, AVWAP and S3 pivot....good buy around 370/376 level..
NSE:JSWSTEEL #NSE:JSWSTEEL formed beautiful Ascending triangle. Levels marked on chart for practice.
B-Nifty PCR 1.30 over bought B-Nifty RSI 70+ over bought condition B-Nifty at major trend line resistance 36750-860 it may correct from here, if cross and sustain above it may test 37450 future levels* ( Must correct from here) for previous Gap Fill.
Stock is heading towards breakout on monthly and weekly time frame.. can be accumulated with SL 175.. CMP 202.. Target 255/ATH
NSE:EICHERMOT - Eicher Motors chart is forming a Leading Diagonal Elliot wave structure. A Leading Diagonal is a transitional structure (correction to impulse) forming as part of the first wave of a larger impulse degree. - The first wave leading diagonals form as a 5-3-5-3-5 overlapping structure as shown on the chart. - There is no doubt this counter is bullish...
the stock bottomed out and is heading up.....will move slowly up till it touches the green trend line.....target 553
Bearish view for the day, will go short when the spot takes a rejection from Downtrend line in 5/15 min TF. Tight stop trade with high RR
Explained this stock 2 months back in my videos on my channel. Given 90% till date. Target is on the way. Let's wait for the target. Exit 50% holdings on 100%.
Reasons for the trade: 1. It broke daily Change-of-Character ( it broke the last high indicating signs of reversal) 2. It pulled back to 50% level on fibs ( potential to drop lower before initial move to the upside) 3. It’s at a flip zone ( area in the market that is both support and resistance) 4. Currently at a demand zone on daily ( support zone)
Buy Indusindbank ATM option for 2x 3x Time Period 20 days
Balkrishna Industries has given a trendline breakout, volume is also good. RSI is almost at 70 which is a positive sign. CMP - 2349 T1 - 2500 T2 - 2700 Keep 1:1 SL @ 2200 If you like this, please hit the like and subscribe :) Trade Carefully!
CUMMINS INDIA has given the trend line breakout after trying to three times to break out the 1020 level. A target of 1200 is expected within a few months. Stoploss would be 1000 and can be trailed accordingly.