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...
NIFTY has been rising since last few days and now have started into a consolidation zone. The immediate channel it has formed is from 17650 - 17950. On 10 Jan, it could be seen trading within this range if opened flat. If it breaks this range, it could be seen between the range 17400 - 18100.
Formed double bottom at good support previous acted as resistance +ve divegence and breaking short term trendline one can plan for buy at CMP with Strict SL below swing DISCLAIMER: For education purpose only, do your own analysis or consult your advisor before taking position
Took support at 1 year back broken resistance broke trendline +ve rsi divergence Entry at above resistance zone break and restet or on retracement around 708-710 DISCLAIMER: For education purpose only, do your own analysis or consult your advisor before taking position.
beautiful price action keep it in watch a W pattern break out with MFI bullish
Buy above 126 with the stop loss of 118. Targets are 142, 166 and 188. Duration : One year. Note : Consult your financial advisor before investing.