I am new to Nifty analysis and I observed these patterns where nifty is struggling to move up around the lines I drew. Even now, seems like nifty is getting rejected around 17850 which happened to be on the line joining the first 2 peaks of up moves after the start of the descent. I feel that nifty will consolidate around 17800-850 levels and if it can break...
Stock has taken really good support at long term weekly TF trendline Since then its bullish one could plan for entry around 152-149 OR average it by buying small quantities from CMP Looks really good for huge target 205 over few months DISCLAIMER: For education purpose only, do your own analysis or consult your advisor before taking position
ICP is currently in a bullish trend and if you want to take the entry you can take it around 34.4 which is the lower side of the channel and your stock loss would be 33.5 we are expecting a cup and handle in a long run as well thank you
AsianPaint: Buy For short term near breakout of Flag pattern with head and shoulder pattern.. wait for breakout.. levels in chart..
DIXON TECHNOLOGIES made head and shoulder pattern in Daily time frame and also in hourly time frame.. Wait for Head and shoulder pattern breakout.. for short term trades Stoploss below 5389 Target 1 : 5845 Target 2 : 6045 Target 3 : 6195 for education purpose only...
Jindal Steel is forming a double bottom on a trend line, on daily time frame. It is a good sign of reversal as it was in a down trend. Go long after a bullish breakout of the upper horizontal line (411 Rs), place a logical stop-loss and targets.
BIRLASOFT CMP 577 dated 7.1.2022 1. Parallel Channel BO @ 585 2. Volume Increase Buy above 585 for a tgt of 675 SL 540 It is just a view, pls trade at your own risk.
Nifty is uptrend. Nifty travel in between the range 17177.15 and 18399.2 . correction may expected up to17177.15. please consult your financial advisor before trading
Indian hotel is on fire after a strong uptrend INDHOTEL again give's buy opportunity also RSI shows bullish momentum we will enter in this stock after re-test at 190 and our Target will be 240,250+ and our Stop loss will be 175.
Buy above , a open close in 4hours after completion of 406 , Why ? Consolidation at downtrend !
previous weekly trendline became resistance for suntv, stock should go down
Levels mentioned on the chart. SL based on daily closing basis (DCB)
Rupa has given a trendline breakout with huge volumes, RS was also facing hurdle to get above 64. Now it is 66. Also the price is near to 200 DMA, giving more scope to rise. Disclaimer: This is for educational purpose only. This is not any recommendations
State Bank Of India shows some power after correction SBI already gives breakout now it is a time to re-test, after re-test over entry price will be 460,470 and target will be 535,540 and stop loss is 438.
MAX VENTURES: 1) Trading in ascending Triangle 2) Wait for the Breakout to take entry 3) candle closing above 135 can be a good time to enter 4) target levels are mentioned in the chart
Query 1 : I have bought bajaj hindustan at 16 Rs. Can I hold or sell. Query 2 : Please give analysis for IDFC. Answer for Query 1 : This question was asked when the price was 15 and I replied that time itself. Since I thought analysis will be more useful now, I am posting it. Price gave trend line break out with volume support and as long as it stays above 15, it...
Naukri is looking good for up-move. The Doji army's struggle is real :)) Expecting a move tomorrow.
Market Closed with semi formation for H&S / Quasimodo in H1, we can expect the GAP down opening considering H&S in H1. to add, bnf broken the daily swing high recently we yet to have proper retracement , so my expectation is price will either tap the H1 BB or H1 Demand level then shoots up.. Disclaimer : this is the one side of viewing market based on past price...