Beautiful 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
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 teting the trendline we can go for LONG (BUY)...Close if it comes below the trendline and gives a close
Hi 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
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powergrid 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
As 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.
Vanakkam Makkale. Manappuram finance at dip,long term focus panravanga ippo enter aga try pannalam and just first 30% only. Thank you for following!!!
us 30 buy on daily chart as price at trend line and below 200 ma
BINANCE:STXUSDT is looking for rebound from long time trendline at 2 hrs timeframe. You can expect for great returns.
Mahindra 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 Please Like & Follow
market is at confuse state trade with less quantity or avoid it because market can be volatile also do your own analysis
Federal 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 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...
IGL 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.
BPCL is bouncing off from its 1.5 year long trend line. It has bounced off from this trend line every time since Mar'2020 fall, thus forming and re-forming the support. Also, Daily chart is exhibiting RSI divergence as well. We are bullish on this stock with 480 resistance zone as target.
HINDZINC seems to be reversing from long term trendline from Mar'2020. The price is also at 200DMA and is exhibiting bullish RSI divergence. Seems a good long candidate, heading towards 350.
ASHOKLEY is bouncing off from its trendline support which and also at 200 day moving average. 121 is a resistance which if crossed would be bullish on the stock. It would make sense to start building long position with full position on daily closing above 121. We can expect a target of 135 which is the previous strong resistance on the stock with 112 as the stop.