Keep an eye on HINDALCOBeing on uptrend from a long time, we can see even more bullishness IF COVID WON'T ATTACK THE MARKET. Wait for the confirmation candle(lets volume confirms first) and then enjoy the bullish ride.
Uptrend
Surya Roshni is ready for shine like a sunbuy & hold
add @357 range
trgt 400-435-457-500+🎯🎯🎯
anytime we can expect 🚀🚀
🔹the stock published good result in q3
🔹stock in a uptrend
🔹feels like accumulation
🔹 chart shows bullishness
🔹any time we can expect a breakout
study then invest
about the company
🎇Surya Roshni is engaged in the largest GI Steel Pipe Manufacturer and the second largest in lighting products in India.
support🔸like🔸comment🔸
UPTREND IN GSFC
As shown in the chart,
The trend is a long term upward trend with dips in the pattern,
As the stock appears to break the 50 dma line and once the dip crosses it,
The trend starts to emerge as the bulls spikes the stock in upward trend with normally 5-6 days incline with market sentiments in mind,
As the bottle neck is due to market sentiments due to Maharashtra state lockdown,
As this time when it breaks the bottle neck lines, it will rally high.
Only for educational purpose.
AUDCAD AnalysisMy Technical Analysis
1. AUDCAD broke the downtrend line on the daily timeframe and started its uptrend.
2. Price Respected the support zone on 4hr timeframe proving our buy bias.
3. Discovered a Divergence on the 1hr timeframe and price started a short term downtrend.
4. Recently Discovered another divergence on the 15min timeframe indicating a potential reversal.
5. Now waiting for market to give us conformation for entry by breaking the trendline (down) and 50 period EMA on 15min TF to continue the uptrend.
The Entry is expected to be somewhere around 0.9680 as showed on the chart.
Stop loss will be just below the Swing low / for tight stop loss - just below the 50EMA and the trendline breakout / or simply using the ATR indicator.
Take Profit Target will be the near swing high for safety / or move stop loss to break even at 1:1 RR and trail stop loss (recommended cause uptrend started on higher TFs and expected to go further).
About Myself
Hello Traders, I'm Sid a new trader in the market, started 6 months ago, did a price action / technical analysis course recently and now I'm here to practice and test my skills in real time. I'll be sharing my analysis on many forex pairs and my ideas here. Would appreciate your support (like, share, comment, etc.) and I'll see you on the next episode of Drag.... I mean Sid's Analysis.
Bye.
Wipro for a target of 460+Wipro has broken out and has retraced to the previous resistance level. This level is acting as support and has been respected for the last two trading sessions. if this continues, we will see Wipro reaching 460+ in the near future. If the resitance of 465 as well is broken, Wipro can see 500 very soon.
TATAPOWER in uptrend(BO & volume combo)My study on Tata power
Example of Volume and breakout combination
Add on dips stock
From Consolidation to uptrend
Candle 1 is BO candle after 97 days Consolidation
Healthy candle with decent volume
follow-up volume is also good
Candle 2 was again BO candle with good volume
Candle 3 was Trade line BO with volume
now it was gap up which is showing strength with
[positional]LTI Trendline BO...... LTI AT CMP or above todays high
Weak below 3450
Target-- 4480-4900
GODREJCPAfter a steep correction from 800 in January till 650, it appears to have resumed its uptrend. The weekly Kumo bounce is activated along with a strong demand zone in hourly being observed today. It could do 750-775 with minor resistance around 730. View would be negated below 670
Sequent Bullish BiasUptrend
Now breaking out again
Restested the area
SL 213
Target ATH expecting 350 levels
Buy at CMP or closing above 270
Glenmark in an uptrendGlenmark is breaking out of the channel pattern on a daily time frame. Breakout happened with a good 6% increase. Can increase 10% from here in the short term.
Banknifty analysis 1-4-2021Banknifty trying to break a long channel and try to move upside next week maybe positive upmoves.
BEL IN ELLIOTT WAVE ANALYSIS 31.03.21BUY 122 TO 125
TARGET 183 TO 190
Reason For Buying This Script :
In this script it is forming Elliott wave in monthly time frame , Now price was corrected and it turning to complete fifth wave.
So we can go for buy .
Note :
Above given levels are based on monthly & weekly time frame , Be patience it will some days to achieve the target .
ALL THE BEST ...
BIOCON "Swing Trade"Due to the earnings declaration the prices were hammered, and hence was opened as gapped down,
Reasons For Selecting:-
1.Trendline acting as a support
2.Stock respecting Fibo levels
3.Double bottom pattern
4.Gap Filling.
placing a stop-loss @ 375,
Followed by the Targets 1 & 2
RVNL LONG TRADE.THE RVNL STOCK IS CURRENTLY IN UPTREND, TRADING ABOVE THE SUPPLY ZONE. IT HAS GIVEN BREAKOUT ALREADY. TAKE LONG POSITION AND MAINTAIN A STRICT STOP LOSS OF 28.5.
[Positional] Happiest Mind - Buy IdeaIt appears that Happiest mind is making a bullish pennant which is a continuation pattern. Breaking the pennant can take it towards its first target of 600.
So buy if it breaks 560 with SL of higher low that is 532. It will be a better idea to buy on retest.
low risk trading 20% up 60 dayslong for 60-70 days up 20%
for trading in short term click on link below for short term analysis for same stock
