The price action indicates a breakout from the falling channel pattern wherein the target is taken as the size of the pattern itself. However, a retest of the falling channel line cannot be ruled out looking at the high RSI. Note: This is not a recommendation to buy or sell.
SRF is ready for blast any time. I am Expecting Target above 3000 in some few Months only. If you have a positional traders so buy and hold it.
Reliance industries is in a powerful uptrend in daily as well as weekly chart . It gave a good breakout of secondary downtrend line. It consolidated after breakout , which is a sign of sustainable breakout. It is above 20 DMA but below 50 DMA, Once it crossed 50 DMA it will gain good momentum.
looks like SWING trading oppurtunity took support on major trendline break minor trend line MACD crossover also indicate bullishness do your own analysis before entering only for educational purpose
Right Now market give a clear sign of change in sentiments lets see what will happen in upcoming trading session . I am expecting a higher low near 17500 level. Whats your opinion comment below..
CDSL strong technical chart hit 1700 in short term.
Trend - UP Ascending triangle pattern price near resistance trendline support, above 50ma Entry above 6.5$ for new all time high (always wait for candle closing)
Good Technical Setup Can be considered as a buying opportunity Huge Potential Stock
Trend - uptrend Pattern - Ascending triangle pattern Resistance - 2.5$ - 3$ (currently at resistance) Support - Trendline support Indicator - Above 50ma Entry - above 3$ (wait for good bullish candle) #Always trade with a trade plan
The stock breakout Inverse Head & Shoulder 3 session before with good volume. RSI just shows above 60, required to remain above 60.Bullish cross Over in MACD & On Last session Close above Ichimoku Cloud. Buy above 300 CMP-299.85 Terget-352 Stop loss-280 Happy Investing
NSE:GLOBALVECT was in a strong downtrend and has been forming a base for more than 2 years. It gave breakout from the base, ready to start an uptrend. Volume expansion looks bullish and stock has taken support on 30 EMA (weekly TF). Look to enter at CMP or after some consolidation. Momentum looks very bullish. Targets are open. Buy and hold after more bullish...
Will Shree Cements go up ??? Reasons/Traits : • Measured Move up pattern formation is seen • Last 3 days candle sticks pattern shows as 3 black crows • Todays close is exactly at 0.236 retracement level of last swing high and also taking a support of a trend line break out (4) • Price took support of 12 EMA with decreasing volume What can happen next : Scenario...
Needs to break 52000s resistance to confirm strong uptrend if not consolidation between 40,000-50,000 ish.
Clean Science having Good Risk:Reward ratio(1:3.25). Good upside if takes support after retracing . Breakout and Retracement. In a good Uptrend. Will be investing only if starts to move upward from this level. Fundamentally Strong. Speciality chemical at play. I would appreciate your thoughts on it. PS. - I am not SEBI registered. This is for analysis and...
PFC bullish Diversion HOURLY STUDY ..................................
TRADE BASED: Hr tf it was a up trend. during the trend continuation. HR sideways forms a sideways market. During Hr sideways market, market form a 15 min resisting trend line. if market break the 15Min trend line then we can expect a hr resistance
Hi All, The benchmark index (NIFTY50) has become somewhat weak now or to put it better we can say that the power of bulls is now being challenged by the bears. In this phase the trader needs to become really cautious and find some really good setups where the R:R should be given highest priority. Above is the weekly chart of one such setup. Finolex cables gave...
Hey guys it's for Monday. Look if it take support near or in the rectengle area then it should go up. So here u can enter where u want but best exit point would be 200 ma the black one. But ofcourse trade with system stop loss.