SESHAPAPER is trading at confluence of multiple support zones: 1. Trend line support 2. 200DMA support 3. 200WMA support Confluence of all these supports makes us bullish on this stock. Longs can be initiated with 225 resistance as target.
SBICARD is exhibiting reversal at multiple supports: 1. Trendline support from previous lows 2. 1.618 Fibonacci support 3. 200DMA support Further, RSI also touched 30 level and reversed. We are bullish on this stock, expecting the price to reverse to ATH of 1139.
EXPLANATION : This is a 15 Min time frame chart of DRREDDY . The stock has formed a Ascending Triangle Pattern , I will look to go long if it gives a good breakout of its supply zone and continue the upward rally . I am not comfortable in shorting unless it breaks its trendline with volumes. Entry as per your entry setup .
UPL is following the trendline and looks good for intraday trade. Go long if breaks the resistance level. Targets are marked on chart. Comment if you enter the trade and also you can share your views on this.
This is simply an educational video, starting from the basis of entry till the exit point of one really good setup based only on price action and price reading
Mothersonsumi has been on an ascending Parallel Channel from October 2020. After making a High of 272.85 on 2nd June it has been drifting lower to take support at the bottom Trendline with a Low of 220.65 today. We have to see if there is a reversal or if it breaks the lower trendline. If it breaks then the next support would be around 195-200. Wait and see the...
BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times. Try to buy between 3:15 - 3:30PM, later the better. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis) SELL GUIDANCE: Selling in...
After making a recent High of 690 Glenmark has fallen steeply to the support zone at around 575-590 levels. There is a Trend line support at 581.80 and even today the trend line has provided support in making a Doji type candle signifying indecision by the traders. Now we need a strong Bullish followup candle to make up our mind.
there is a global trend for outsourcing paning out around the world their facilities are fungible and are trying to achieve Economies of Scale read the details on the chart and DM if you have any doubts
IBUL housing finance can give a good swing trade if breaks upside. As we can see the price is shrinking between trendline support and resistance so the breakout can be a good move. A breakdown can also be a good trade. Look out for this trade because this stock usually gives very quick moves. let me know in the comments what do you think.
BUY CALL WITH THE SL OF 135 THE TARGET OF 170 THANKS IN ADVANCE
this is a continuation to my previous HAPPSTMNDS chart. check out how beautifully the red bar has been taken as a support now. also 1227 has been acting as a good resistance for 2-3 sessions. hope it helps.
Ascending Triangle Breakout Very high volumes show accumulation Tgt: 81-110-143 SL : 48 R:R - 1:4 For education purpose
Keep in watchlist 💲💲 FOLLOW me @Averoy_Apoorv_Analysis and get these free analysis :) 💲💲 🔰 {Some info} ➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all. ➼I hope you will love my simple...
The Stock took support at trendline and 0.5% retracement level so wait for any reversal and took the position or else wait for a breakdown Disclaimer: Please consult your financial advisor, Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
💲💲 FOLLOW me @Averoy_Apoorv_Analysis and get these free analysis :) 💲💲 🔰 {Some info} ➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all. ➼I hope you will love my simple analysis style. ➼Feel...
well, I posted It when it was on the supportive trendline, then again on ATH zones, now 6000 :) 💲💲 FOLLOW me @Averoy_Apoorv_Analysis and get these free analysis :) 💲💲 🔰 {Some info} ➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I...
💲💲 FOLLOW me @Averoy_Apoorv_Analysis and get these free analysis :) 💲💲 🔰 {Some info} ➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all. ➼I hope you will love my simple analysis style. ➼Feel...