As we discussed in the last analysis that if banknifty opens weak then we can see banknifty taking support around 37200 and reverse! we did see the same scenario today as it filled the gap and reversed closing in green, in smaller time frame we can see more like a triple bottom showing strength and hence any sustainment above 37900 could break 38000 psychological...
Hello Traders! We've found another one which has high probability and potential to perform. Entry can be taken at CMP. Target and SL are mentioned in the chart. LOGIC : Bouncing from the support zone of 50 ma and it is trading above 6 ma. It's bouncing after retesting from the Mazor trendline support. Disclaimer : This analysis is only for educational purpose and...
BAJAJELEC | Trendline breakout - Looks potential for 10-15% CMP : 1140 (Dip : 1100) SL : 1070 Target : 1240, 1320 1:2 risk reward setup for first target
Trade strategy. Overall market will uptrend. in monthly tf, previous handle wig is there. based on that market will turn the trend possibilities are there. in weekly tf: supporting trend line also acting here now, currently market trading near the trend line. In 4Hr tf. one resisting trend line acting based on that market also trading near the trend line. and...
This is for short term and this is not signal to buy and sell. Before entering the trade DYOR.
SHREE CEMENT Stock trading at its trendline, still BO not happen Also On daily chart formation of H&S, right Shoulder (Expected) If Stock continue to correct from this levels for H&S formation then buy at dips or if BO happens then wait for 25700 levels to Close and then buy for 5-7% upside move ---- Note: Above levels are for education purposes only Do your...
Can take a long position when close above 330 with SL 252. IT SHOULD CLOSE ABOVE 330 ON THE DAY CHART.
MAX Ventures Looks good, Double bottom pattern formation & Also trendline breakout on daily chart Buy at CMP or above 119 levels for Targets of 125 / 135/ 140 levels Keep SL at 110. ---- Note: Above levels are for education purposes only Do your own analysis before taking any trade Please Like & Follow
risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
Breakout in JUSTDIAL in Daily timeframe. Entry - 884 Targets - 1040 & 1120 DISCLAIMER: The ideas shared are only for educational purpose. I am not SEBI registered.
Kotak bank getting ready for breakout in 15 mins time frame Technical analysis based on Trendlines & Price action Use it just for reference and do your own analysis
Stay tuned for a ride up to 95 Can go very quickly Volumes increasing RSI showing strength About to break trendline
As we can see though BANKNIFTY opened weak, it showed some strong recovery in the first half but ended up sideways after getting rejected from the psychological level of 38000! it is good to see that the trendline is still being respected and hence unless the trendline is broken below we cannot decide for new selling position, if opens gap down then again we can...
SUDARSCHEM | Trendline Breakout - Looks potential for 15-25% CMP : 612 (Dip : 600) SL : 550 Target : 715, 775 1:3 risk reward setup (1st target)
Triangle breakout can give good upmove from here keep it in watchlist
Nifty 50 price is near a very important support trendline and in the 2Hr time frame, we could see a XABCD bullish butterfly pattern. This XABCD pattern gives 3 targets once the price breaches 17650 and the support trendline. If the price trades below 17650 in the afternoon, we could see a fall. The RSI can be seen just below 50 and Choppiness Index near 61.8...
Breakout in KITEX in Daily timeframe. Entry: Above 276 Targets: 316 and 386 DISCLAIMER: The ideas shared are only for educational purpose. I am not SEBI registered.
Observe the price action within this range, between 108 - 120. Can be good accumulation zone. Initial target of 144, however, do always set stop loss and manage your risk. Note: not a buy/sell recommendation.