NSE:HBLPOWER has broken 9 months trendline as well as broken symmetrical triangle pattern. The trade must be taken at the end of the day after the confirmation of candle closing above the Resistance.
NSE:GRAPHITE has broken 2 year old trendline and the tragets for the same are mentioned.
Pharma sector stocks have given a good bullish momentum in the past few months. If we analyze the pharma sector, we can see a bounce from strong trendline with higher high, higher low formation. Keep pharma stocks like Dr. Reddy, Sun pharma, etc. in your watchlist as we might see ATH levels in this stocks soon!
NSE:RAYMOND is taking Support on Crucial Trend line. Can go for Long trade by keeping a strict Stop loss.
Navin Florine Weekly Time Frame breakout Wait for Retest on Trendline ... Up side target till upper trendline
avoid first 15min breakout wait for 15 min candle closing targets are marked if the breakout comes after 10:00 am then the probability of winning will be more. follow risk management do your own analysis do workout do meditation start reading books
S&P 500 where 73% stocks are trading above 100 period average is trading near trendline support the rsi divergence witnessed earlier
NSE:JAMNAAUTO has broken the trendline and candle has closed above the breakout. Hence the short-term position can be taken. The target and the stop loss for the same is given.
NSE:SUZLON has given double bottom breakout and as well is near breaking of its trendline, the trade can be taken after breaking of trendline for the given targets. RSI is showing bullish divergence as well. Will trendline be broken out?
Eicher motors rising with support of down side trend line keep trend in chart before taking any trade decision
NSE:SUDARSCHEM is again taking the support at the monthly timeframe trendline.
The chart clearly explain various observations. All are possibilities and the reasons are given. Note: The information given for study purpose.
NSE:NIFTY Nifty heading towards Possible Inverted Head And Shoulder. If this is the case.....LIC IPO can help. JIO and Reliance Retail IPO's on the way. Could be a game changer ? 19000 ? Share your thoughts and Insights........... NOTE : Above views are for study purpose only.
marico could be a good swing trade with decent RR of 1:2 ++. Given on the chart are the levels of entry and stop loss. Plan your trades accordingly.
Confluence of trendline + horizontal resistance If sustain above Confluence area then 190-205 are nearest targets Can show levels of 250 in coming months Entry : 181 Target : 250 Stop loss : 166/160
Nifty can be traded on breakout or reversal based on the priceaction near this TL on daily chart.