Bandhan Bank Bullish Flag?Bullish flag formation in-progress in Bandhan Bank.
Should take support near 320-324 levels.
Uptrend
BHEL - Long Idea - Positional Trade - Target 70Scrip Name: BHEL
Setup - Taking support from 200 DMA in Uptrend
Entry - 55 - 60
Stop Loss - 51
Target - 70
Time Frame - 2-3 Months
Currently the company is reporting losses from last 6 Quarters and falls in bit risky trade. So please have your checks and balances.
Please trade based on your risk profile and analysis and Have strict stoploss in place.
We are still in uptrend! (BTCUSDT)BINANCE:BTCUSDT we have Higher-High and Higher-Low (1hr and 4hr), a textbook uptrend! So no need to panic sell. We might make a double or triple bottom at previous Higher-Low i.e $54400! But be careful and follow price action!
Rounding bottom breakout in Shipping CP - Daily and WeeklyLooking at the size of the breakout candle and the volume in it, this is a no brainer. Current levels could a be a good entry point, also if a retest happens, thats also and scaling opportinity.
With the stop loss below the entry today's candle, look for 1:2 reward.
Kindly note that this is not a recommendation.
Banknifty is giving an upside trend
Banknifty taking support on the trend line and giving an healthy uptrend in smaller timeframe. Banknifty can break its all tie high in the coming weeks as festivals are also approaching, be ready to buy!!
Monday NIFTY 18000+ 🎯TradeGuru Monday Prediction Upside. Monday NIFTY 18000+ . What is your view comments please 🎯
Chambal Fertilizer BO!It has given a breakout!
Good for targets of 350 in the short term and 390 for the long term.
Company has strong fundamentals and it can prove to be a good investment stock.
Please do your own analysis before making any decisions and also let me know if I missed something.
Let's learn together.
ALL TIME HIGH BREAK-OUT IN TATA POWERTATA POWER has broken ALL TIME HIGH that has been made 13 years back.
Volume is good.
Which indicates a strong buying opportunity.
ENTRY : Buy above 165
SL : 150 CBSL
TARGET : 180/200/220
NOTE :This post is just for educational purpose. Do consult with your financial advisor before taking any trade.
Thank you.
ABFRLIf it Comes down near the trend line then it can be best Buy Opportunity near to trend line, Or is the Entry Level mentioned on the chart also correct, Target stoploss is given in the chart NSE:ABFRL
Coal India on Daily TimeframeCoal India breakouts the resistance zone and taking a retest, the stock tried to breakout this zone on Feb 21' and June 21' but fails and also we saw huge volume in the past days.
(SWING TRADE) as you can see there is a high volume accumulation + possibility of breakout of ATH.
build your position accordingly.
THANK YOU.
SELF EXPLANATORY SERIES : QUICK ANALYSIS ON M_MIn this self explanatory series i will be posting charts with pure technical analysis on charts without full length explanations , Traders can ask their in comments section, Happy trading.
Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading
ITC going to break its 52 week High?If you observe chart you can see a falling wedge pattern in ITC after an Uptrend.
Generally in such situation there is a major chance for trend continuation after Falling wedge pattern successful breakout.
Here I have marked A and B points that are nothing but the two points on the trend lines.Upper trend line is Resistance and Lower trend line is Support.
So If ITC successfully breakout, how to calculate the target?
Target = B - A = 239.65 - 204.35 = 35.30
Roughly you can expect 30 to 35 rupees target. (If trend continues we can get more.)
Where to take entry?
If stock shows breakout , wait for a confirmation candle. You can also use MACD , RSI indicators for confirmation.
If in worst case, stock breaks the support, it can fall further.
Consider this stock for a long term as this stock is commonly known for a slow moving stock.
Stock is fundamentally strong. Stock has a great dividend-bonus history. The Company operates through different segments FMCG, Hotels, Paperboards, Paper and Packaging and Agri Business.
We can expect some positive news for the ITC in current market situation because the Deliverable quantity for ITC stock is increasing day by day.
So in future we can surely expect an Up trend.
Disclaimer : This is my personal analysis for educational purpose. I am not sebi registered. Do your analysis before taking a position. I am not responsible for any profit or loss.
Nifty Trend How Nifty Respect to the trend line channel...
Nifty chart analysis shows there is Uptrend Should Run in short term afterthat it may fall..,
Mindtree gave a good upmove!The stock was consolidating from from two trading sessions now It gave a good momentum and I achieved my target. Seeing today’s sessions there can be chances that it can again rally up.
Taneja Aerospace Taneja Aerospace is in Uptrend from April 2021 and It may continue to go up for next 1 year or more. Optimum entry would be at ₹52 but u can add quantities little by little from ₹55
Privi Speciality Chemicals LtdPrivi Speciality Chemicals Ltd looks good.
Can give a good upside above 1795. (if breaks with high volume i.e greater than 30DMA volume.)
In a good uptrend.
Volume Contraction.
Ascending Triangle.
GNA AXLES (Short Term Study)- Stock in Uptrend - ✓
- All Time Breakout & Pull Back - ✓
- Huge Volume During Breakout - ✓
- Accumulative Volumes before Breakout - ✓
- Previous swing High Breakout - ✓
- 4.6x delivery volumes during breakout - ✓
- Promoter group continuously buying shares - ✓
- Stock Outperforming Nifty & its Sector - ✓
- Spread Chart Breakout - ✓
- Increasing Relative Strength - ✓
- Positive Qtrly Performance - ✓
All logical parameters met for Short Term Trade - ✓
Analysis for Bank Nifty
-This is how I see Bank-Nifty view for longterm like 2 weeks . We can buy a Hero-Zero of "37400CE 23 Sep" so we can have a nice big target
-First target is 37000 second can be 37200 & Third can be 37400 ,But if market Break the level of 36946.60 then i will go for a long till that time i will wait :)))
the reason of this longvision is " we had saw an all time high at 15 Feb after that market had gone in a "Consolidation zone" this is why i an hoping a nice good game in this 15 days
A retast had also come in a bigger time frame like 4H Now no one can stop this rally if it touch the level of 36946.60
BEST OF LUCK BANKNIFTY
NSE:BANKNIFTY
