Trading volumes and Q3 statistics will support a break out zone near 2600. Timeline: Jan'22
Nifty is giving breakout on friday seems promising breakout ,the bears managed to hold market below the trend line till last dec expiry but now bears look missing so my view is bullish on nifty for next week though the banknifty is week compare to nifty .
CDSL Cmp 1487 dated 30.12.2021 1. Channel support @ 1450 2. RSI Divergence. Buy for a tgt of 1540-1590-1625- SL 1440 It is just a view, pls trade at your own risk.
BANKNIFTY had been trading in a range for more than 2 weeks now and now trading at crucial range BANKNIFTY did closed above 35000 and now 35000 is acting as a strong support and hence till BANKNIFTY sustains above 35000 we can initiate buy orders, good move is expected if breaks above 35200 as it will not only break the range but also break the trendline above...
Levels mentioned on the chart. SL based on daily closing.
Wait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the...
It is been seen that many new traders asking me about the crash in the andhra sugar which is going good according to our study. Please note that when stock split such things take time to get adjusted on chart that is why a big reg candle appears. Do not panic Modify SL at 112
1) As sugar theme looks a very attractive bet for the short term 2) This stock after a long time gave a very fine breakout 3) the volume pattern forming is also reasonable 4) Moving average break out with volume
FDC look good.. good acculamtion on weekly chart forming double bottom on weekly & monthly chart.. CMP: 307 Sl:270(CB) Target: 390/500 Note: educational post
INDIAGLYCO is now 926 from 544 All details are there in the chart
DRREDDY after sharp fall due to weak Q1 results, now consolidating with descending triangle pattern. Took support near 4450-4490. now lets see whether it breaks support or bounces up to break descending resistance line..
Sunpharma Cmp 839 dated 29-12-2021 1. Rounding Pattern on chart BO @ 840 2. Rectangle BO @ 840 3. Channel BO Buy for a tgt of 950 SL 795 It is just a view, pls trade at your own risk.
BANKNIFTY still in range since 2 weeks now and there are high chances of BANKNIFTY being trending cause it had been trading in a small range between 35000-35350 Though it tried to break 35000 mark in the last hour but it couldn’t sustain and close below which could confirm the downtrend hence direction is not known Tomorrow we can again watch the level 35000...
Dr Reddy's gives a breakout from a falling trend line. Go long for a target of 5050-5070.
Long. Trend line breakout. Target levels are as mentioned in chart.
*for educational purpose only. It's not a call. Stock has broken the resistance level, just look at it for some correction and can buy at support level.
Titan Cmp 2380 dated 28.12.2021 1. Darvas Box Pattern chart is forming. Buy for a tgt of 2430-2490-2545-2615 SL 2290 It is just a view, pls trade at your own risk.