The stock is currently consolidating after a massive bull run. However, the weekly timeframe has gone into a correction phase, reason why I have placed a second support line. Should it break and close below Support 1 you can expect the stock to fall to values of ~537-540. ====== This is not a recommendation though. Trade as per your knowledge and your risk...
Near trendline resistance and congestion zone. Structure looking good. If it breaks upper zone big move can be expected...... At the moment risk reward is in favour of 4% minimal stoploss I'm not sebi registered advisor Not a buy tip
The levels are provided on the chart. Trade accordingly.
my target for bank nifty is all time high. there is channel resistance in between but i think it will break.
NSE:LICHSGFIN LIC housing finance had breakout from the trendline. Can go long keeping 387 as stoploss.
MCX strongly buy :- 1645 and 1650 SL :- 1600 target🤑:- 1800 and 1850 and enjoy 10% return.
CMP -155 Target - 300 SL -130DCB #ONMOBILE #stocks #StockMarket #investing #trading #investments #Breakout #NSE #BSE #Nifty #Sensex #Chart #ChartOfTheWeek #Chart #trader_rohan
CMP -367 Target - Open SL -270MCB #NAHARPOLY #stocks #StockMarket #investing #trading #investments #Breakout #NSE #BSE #Nifty #Sensex #Chart #ChartOfTheWeek #Chart #trader_rohan
Bank Nifty Cmp 38569 dated 1.2.2022 15 Minutes chart Intraday Levels Head & Shoulder Pattern on chart 1. Trendline Break out above 38600 2. Trendline Breakdown below 37380 Buy above 38600 for a tgt of 38730-38875- 39500 SL 38300 Sell Below 38350 for a tgt of 38250-38100- 37700 SL 38600 It is just a view, pls...
Grasim Cmp 1772 dated 1-2-2022 1. Trendline BO above 1775 Buy above 1775 for a tgt of 1825-1860-1885-1910 SL 1725 It is just a view, pls trade at your own risk.
after a very volatile sessions due to budget, we find out some important levels which had multiple touch points and had been tested multiple times! But in bigger time frame we can see more like a rising wedge pattern which shows bearishness in long term! But for confirmation we have to wait for BANKNIFTY to sustain below 38000 which would also break the trendline...
Oberoi Reality Cmp 969 dated 1.2.2022 1. Symmetrical Triangle Pattern Buy for a tgt of 1000-1050 SL 930 Positional Medium term tgt of 1235 SL 885 It is just a view, pls trade at your own risk.
Description : Silver is forming a beautiful triangle as lower supports are getting tested whereas upper resistance levels are getting lower as you can see with trendline zone. Support Area : Break of Support at 21-22$ downside will lead to immediate support at 19$. Although Support are has been tested several time it breaks might see free fall. Resistance...
Piramal Enterprise Cmp 2367 dated 27.1.2022 1. RSI Reversal from bottom. 2. Gave Breakout from Support Line. Buy PEL for a tgt of 2470-2525-2575-2615 SL 2300 It is just a view, pls trade at your own risk.
According to trend and trend line, ITC looks bullish on chart. Anyone can initiate buy above 229 with stop-loss of 219 for long term as well as intraday. Intraday stop-loss should be 225. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial...
In the hourly timeframe, we can clearly see that the downtrend has been changed to an uptrend and is continuing. A correction up to point C (higher low) is seen and then the price is trying to break point B ( breakout level- trying to make a higher high). If the price sustains above point B, then we can see the price going to the supply zone shown on the chart....
CMP -957 Target - OPEN SL -750MCB #OBEROIRLTY #stocks #StockMarket #investing #trading #investments #Breakout #NSE #BSE #Nifty #Sensex #Chart #ChartOfTheWeek #Chart #trader_rohan
Good company to hold for long term. SL will be monthly closing below previous month low.