As we ETHERIUM is forming BEAR FLAG .We can enter either side after it breaks the flag(consolidation).
Look like a good penny stock pick of an upside target of 25.45 then breaks above moves to 27 then 28.5
BFUTILITIE gave a trend line breakout today expecting a good upside momentum
According to the trendline, the CMP closed above the trendline, and if the next session closes above the previous close price it will go till T1 855 and T2 970. But, again on the other side of the coin as per the Fibonacci pattern if it closes below 618 then we can see the fall around CMP 500/. FYI, it is just for knowledge and it might happen.
ALGO USDT LONG ALGO has broken the downward trendline. ADX is above 25 in 4hr chart and DI+ , DI- crossover clearly shows uptrend. ALGO has OBV bullish divergence in Daily chart. ENTRY : 0.72 -0 75 TP**1 : 0.88 , TP 2 : 0.96 SL : 0.68**
ALGO has broken the downward trendline. ADX is above 25 in 4hr chart and DI+ , DI- crossover clearly shows uptrend. ALGO has OBV bullish divergence in Daily chart.
BHARTIARTL | Simple channel breakout - Small trading opportunity for 10% CMP : 722 SL : 700 Target : 810 1:4 risk reward setup Attached Weekly chart in comment section
As we see INVERTED HEAD AND SHOULDER is in formation in DLF. We can go long after breaking the neckline and 200ema.
We can go long above 1765 for swing trade by keeping our stoploss below 1720. Targets are mentioned in the chart itself.
HAVELLS is very good spot for long entry . We can go long after breaking the trendline and 200ema.
As we did analysed yesterday that though it broke below support but it did closed above 35000 and it showed a hope of another bull run and that’s where all retailers got trapped by this huge gap! Though we saw the these huge gap but BANKNIFTY remained sideways the whole day being in a range! Important level to watch is 35800 for next trading session if opens flat...
1 flag pattern in 1 hr 2 tight consolidation after big move 3 big move and big volume can be seen 4 stock bouncing from its crucial support 5 risk is small
BANK NIFTY 35610 dated 16.3.2022 11.20 am Live Chart BUY above 35650 SELL below 35500 Disclaimer : I am not a Sebi registered Analyst so please do your own Analysis before taking any action, The above view is shared just for educational purpose. By no means shall be responsible for any losses amounting out of it incase if any trades on it. It is just a view,...
1 resistance zone 2 neckline breached recently 3 looking like bottoming up
If Banknifty breaks today's low then we can see intraday gap filling, else above 35820 can be rocket till first tgt to 36k
Long Term Positional View The stock in continuation uptrend and respecting the EMA 21 since Mar'20 Watch for breakout of YELLOW TRENDLINE: Target 1 Rs 750 Target 2 Rs 1130 with Stop Loss at Rs 480 Thanks
As we can see BANKNIFTY had been facing resistance from the trendline from last month and though it showed weakness it finally closed above 35000 which shows there is still hope for some upmove but for confirmation we should wait for 35650 to cross as it would also break the trendline above
CENTURYPLY | Triangle breakout - Looks potential for 20-25% CMP : 657 (Dip : 640) SL : 610 Target : 815 1:3 risk reward setup Been long time since posted chart, the reason is i was bearish on over all market. Now picking some stocks based on volume convictions.