Banknifty has given a good breakout even after a gap down opening, indicating of a trend reversal. We can see Banknifty touching higher levels this week…
Hindustan Unilever Rating : Accumulate _ 2250/2300 TARGET _ 2950/3000
COLPAL Rating : Accumulate _ 1400/1450/1500 TARGET 1850/1900/2000
COLPAL Rating : Accumulate _ 1400/1450/1500 TARGET 1800/2000
Currently price is ranging in daily time from, we should expect either break out or break down only then we can decide our bias of the market If price broke the Green Horizontal line marked in chart , we can expect bullish move for the day if price broke the red horizontal line marked in chart, we can expect the bearish move for the day
Intraday pick for Tomorrow - 23-12-2021 stock name : icicibank time frame : 15 minutes Wait for proper breakout and retest for entry. For more trading content follow us now on trading view.
Bullish above 34920 for the targets 35060, 35200, 35340, 35480, 35700, 35880, 36020 and 36200. Bearish below 34760 for the targets 34600, 34460, 34300, 34120, 33980, 33800, 33640, 33500 and 33300.
Sustaining 17020 - 17060 will make the price to move towards 17110, 17160, 17220, 17260 and 17300. Bearish below 16980 for the targets 16940, 16900, 16860, 16820, 16760 and 16720.
Go Long above 976.1 for Target of 1081 with SL 871.2 Reasons to go Long : 1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.5 Fibonacci level. 2. Also a bullish candlestick pattern Bullish Engulfing (marked with orange color) is formed around 0.5...
Price is nearing long term trend line. Sustaining & breaking 748 - 755 with volume wil make the price to reach 764, 772, 784 and 796.
NIFTY had been in descending channel pattern since last 3 months now and expected to remain sideways to volatile if remains in the channel as no clear trend can be defined! One important level that can be seen is 16920 as it has been tested multiple times and hence as soon as this level is broken we can again see good fall of 100-200 points On the other hand,...
Go Long above 7797.1 for Targets of 8158.95, 8520.8, and 762.75 with SL 8882.65 Reasons to go Long : 1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.5 Fibonacci level. 2. Also a bullish candlestick pattern Bullish Engulfing (marked with orange...
Go Long above 689.1 for Targets of 713.65, 738.2, and 762.75 with SL 664.55 Reasons to go Long : 1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.618 Fibonacci level. 2. Also a bullish candlestick pattern Bullish Hammer (marked with orange...
LXCHEM may breakdown if this nearest support is broken. 340 is imp level for long term run up
As we cab see there was a break down failure because there was 50 SMA acting as support. After short moves price is again at 50 SMA. We can expect bullish movement
Price is forming Symmetric Triangle pattern, Rising 50 SMA are signs of bullishness. Breakout of upper trend line may lead to bullish swing.
Buy after Breakout plus once once after retesting done 1:5 easily
Price is approaching Daily bearish block, we can either expect sells from H4 Breaker block or H4 imbalance.. Look for LTF BOS before taking sell entry