What an IDEA Sir JiIt 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.
Trendlinebounce
Will nifty take support from current level ?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.
MUTHOOTFIN bouncing off 200WMA and trendlineThe 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 chart analysis for swing trading.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 -Looks good for 75%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 Quick ProfitTATA 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 Bouncing off long-term trendlineMANAPPURAM 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, with 218 as the final target. Stop loss below 80. This is a medium to long-term buy opportunity in Manappuram Finance.
Target 1 and 2 achieved in BLS | 15% mover 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.
Info Edge high probability tradeBeautiful number of confluences have been shown by NAUKRI
1. Support of the 50EMA
2. Support of the trendline
3. Break of 200EMA
4. Very favourable and quick risk to reward ratio
All this was done on above average volume making a high probability for a long trade.
Target should be at the next level of confluence 4881.
Keep It Simple
TATAELXI testing the trendline (LONG)TATAELXSI is testing the trendline in DAY TIME FRAME....we can go LONG.. keep stoploss at ₹6410 and target is upto u (my suggestion is keep atleast 1:1)..
GUFICBIO testing the trendlineGUFICBIO teting the trendline we can go for LONG (BUY)...Close if it comes below the trendline and gives a close
DRREDDY - Trendline SupportHi Traders,
DRREDDY is nearing to Trendline support in Daily timeframe, if any Buying momentum seen we can expect BULLISH trend to go Long.
Incase any weakness breaks the trend line we can look for Short entry when it retraces the Trend line.
Thanks
All you need to know about Caplin Point | Technical, FinancialI daily make educational content videos on financial markets
trend line supportpowergrid have trendline support
consolidating above trend line
buying side from here if sustain below trend line then sell side
resistance 235 after trend line breakdown 190 downside support
Nifty Trendline AnalysisAs Nifty has fallen due to some bad Sentiment. Now nifty has two immediate Support lines. So nifty may go down up tp Trendline and can bounce back from Trendline.
MANAPPURAM AT DIP Vanakkam Makkale. Manappuram finance at dip,long term focus panravanga ippo enter aga try pannalam and just first 30% only.
Thank you for following!!!
STXUSDT ReboundBINANCE:STXUSDT is looking for rebound from long time trendline at 2 hrs timeframe. You can expect for great returns.
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #ShorttermMahindra Mahindra
Trendline breakout on Daily chart
and also formation of Adam Eve pattern
buy above 830 levels for short term target of 840 to 858
Keep trail SL
----
Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
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Banknifty view for 28-2-2022market is at confuse state trade with less quantity or avoid it because market can be volatile also do your own analysis
FEDERALBNK bouncing off from multiple supportsFederal Bank (NSE: FEDERALBNK) is bounding off of trend line support and also 200DMA support. The price action is bullish and we can expect it to reach resistance zones at 90 and subsequently at 97.
IGL Bouncing off at Multiple SupportsIGL is bouncing off again from its medium term support, same as it did a month and a half ago. The stock bounced off this support the last time, went to the resistance at 580 and came back to its support. The stock's price action today is indicative of a bounce again at this trend line and 200DMA support. The candle formation is also of 'morning star' type with gap up today and volume support. We are bullish on this stock and can see the price going back to 580 resistance zone.
IGL Bounces off SupportIGL has bounced from its Trend line support from where it has bounced multiple times in the past as well. This bounce also coincides with 200DMA support. We are bullish on this stock with 560/580 as short-term swing targets.
