*for educational purpose only .it's not a recommendation . please trade at your own risk. refer chart for more .
*for educational purpose only .it's not a recommendation .trade at your own risk. levels mentioned on chart.
Go Long above 198.3 for Targets of 213.55, 228.95, 244.2, and 259.5 with SL 183 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. A bullish candlestick pattern, Bullish Engulfing (marked with an orange...
In last trading session GRASIM gives breakout of ascending parallel channel's resistance line. After this breakout expected this will continue it's bullish rally towards the 1915+ in next few trading session. We can go long in this stock with stop loss of 1680 for target of 1910+ for short term.
NSE:CANBK Canara Bank is currently on the urge of breaking its previous Trendline .. As we all know Bank nifty has just woke up so we and we are seeing a rally in private bank ( PSU banks have already rally ) so Technicaly that would be a task for Canara bank to let see if it breaks levels of 224 and consolidate there or not.
It is located in a triangle. The yellow lines are suitable for stepping. If the upper side of the triangle is broken, the goals are achievable.
Stock is in uptrend for few years with a trendline support from 2016. During COVID crash, bears broke the trendline support. The Bulls energized a V shaped recovery and took the trendline support again. While the V shaped recovery, the stock formed Inverted head and shoulder and it is at the urge of breakout with the ascending triangle formation. Patterns :- ...
A symmetrical triangle pattern in Vedanta. Target should be previous high level. Risk reward 1:5.5
BUY OBEROI ABOVE Trendline Oberoi Making Head And Shoulder Pattern In Hourly TImeframe , It is Bullish In Higher Timeframe so it is wise to enter in the same direction as HTF. So One Can Enter It one it is closed 1 hr above Trendline
Following trade is for educational purposes only. An Iron Condor is an option strategy, where the expected outcome for next week is range-bound. A CE option mentioned below is a European Call Option, while a PE option is a European Put. A hedger always buys these options and a speculator mostly sells one. But when the speculator only sells these options, the...
Penny stock "Dhanlaxmi Bank" near multi year resistance. Potential breakout zone. Risk reward is good but may need patience to see higher levels as its a penny stock.
NETWORK18 CMP - 77.65 TARGET - 185, 530 SL - 50MCB #NETWORK18 #stocks #StockMarket #investing #trading #investments #Breakout #NSE #BSE #Nifty #Sensex #Chart #ChartOfTheWeek #trader_rohan pic.twitter.com
ADANIPOWER CMP - 112 TARGET - 155 SL - 100 DCB #ADANIPOWER #stocks #StockMarket #investing #trading #investments #Breakout #NSE #BSE #Nifty #Sensex #Chart #ChartOfTheWeek #trader_rohan
Range bound entire day & closed below previous day high. We can expect small correction tomorrow till 38500 & 38375 level. Long only above 38750 till 38920 & 39050.
JAYBARMARU CMP - 221 TARGET - 340 SL - 165 WCB #JAYBARMARU #stocks #StockMarket #investing #trading #investments #Breakout #NSE #BSE #Nifty #Sensex #Chart #ChartOfTheWeek #trader_rohan
This line acts as a strong resistance for this stock, and it doesn't closed above this trend line in its lifetime. It did breached once, But that's a fakeout. Moreover I found similarity between Bandhan bank and RBL bank, Both seems to be moving in accordance with each other. You can have a look at my publication on RBL bank, you can find the link for that in...
After in the tight zone Berger paint tries to breakout from the zone. If candle loses above the Trendline we can expect a good move in this stock. Entry will be around 840-846 Sl below the trendline Target 3-5%
1:2 R:R for Vedanta from Current Level expected. Trendline break.