Avoid flase breakouts & traps above 47500 & 47200!
NSE: GNFC is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal and trendline support for the past few days which is indicating demand. One can look for a 13% to 20%...
Stock details are mentioned in chart Go through chart analysis We never recommend stock to buy and sell Target and Stop loss also in chart
We have seen an amazing bull run in JSWSteel during the metal sector rally of 2020-21. Since then, stock has been consolidating with 770-780 acting as a strong supply zone for the stock. However, the stock has recently taken support from a 3 year old trendline and currently standing at the same supply zone. If the stock manages to sustain above 780-800 for a...
Detailed View about this Breakout: No.of Resistance: 5 No.of Support: 6 Consolidation Days: 1300+ Days I Post educational chart for 3 Swing / Potential Stocks Everyday. Check Related Ideas section for more Swing Stock analysis.
#BEL #trendingstock #breakout BEL : Good Trending stock >> Good VCP at top and ready for a new breakout >> Good Strength in stock & Decent Volumes >> Potential of Minimum 1:2 Risk Reward or more >> Levels mentioned on chart SWing Traders should focus on 10% profit & keep trailling Please Like or comment if u r Liking the analysis & Learning from it. Keep...
Bector Foods in their hourly timeframe has built a range that its perfectly following. A rejection from the bottom & a probable target of 870 from the CMP shows a 5% arbitrage with 1:2 risk reward ratio.
Deepakfert is looking ready for an upmove. It has bounced after taking support thrice from a strong trend line. It has also broken out from downtrend. RSI is now above 50 which also gives the same signal. The stock looks strong if it gives a closing above 650-660 levels which is its 30 DEMA for about 10% upmove. THis is my personal analysis only for educational...
Another Simple Technical Analysis which shows that market is easy and money can be made by doing simple things also. This Time there is a very simple TRENDLINE drawn in weekly time frame which had worked multiple times and again which has given another opportunity and made a Pin Bar candle at the support of the Trendline. It seems true that more than 80% is the...
EICHERMOT | Trendline + 200 EMA - High probable setup for trend reversal
It would be interesting to see if the this line plays any role in supporting the prices from futher fall, Discalimer: View for Educational purpose only, not any trade or investment recommendation.
Nifty may take support from current level, because it is trading at confluence of: 1. support zone 2. Trendline support 3. oversold stochastic oscillator we need evidence of demand to enter in long trade, a bullish candle. Note : only for learning, not a trading tip.
The chart of the stock Muthoot Finance (NSE: MUTHOOTFIN) is bouncing off its long-term, seven year old trendline from where it has taken support multiple times in the past. The stock is also bouncing off 200WMA which has also been its long-term support since listing. The chart looks bullish with ultimate target of previous all-time high zone of 1800.
Ambuja cement 15 min may take support of trend line & demand zone. buy opportunity near 565-567 SL & target level marked on chart. Note: only for learning, trade at your own risk.
NAUKRI | INHS + Trendline + 200 EMA Support - All the stars are aligned properly - Looks good for a reversal for 75% CMP : 4055 (Dip : 3800) SL : 3500 Target : 7000 Trading + Investment opportunity
TATA power has given a chance again for missed traders by pulling back to the resistance zone on very Low Volume showing the stock was not under heavy selfish pressure. It has also made a pullback to its trednline giving a superb entry price with a quick profit at 256.10 Tight Stop loss at 234.40 Keep It Simple
MANAPPURAM has successfully taken support at its long-term trendline for the last 6 years. The stock has touched this trendline and bounced off of it every two years since December 2016 (as shown in the chart). Another bounce happened in May 2022 and the price is still in a buy range. This looks like a good place for accumulation. Price targets can be 126, 145,...
This idea is a follow-up to BLS You can check the Link to Related Ideas ( Detailed analysis done in 25th Aug Video ) Disclaimer: The information provided is for educational purposes only. Our intention is not to give any financial advice, don't take any decision without consulting your financial advisor.