BANK NIFTY - Short Term View (7-10 days)BNF looks poised for big up move. Only hurdle is volatility because of monthly expiry where 34250-34000 levels can act as good support. So please follow proper R:R
Levels are mentioned in the chart. In case of any clarity please visit comment section and I shall be happy to answer
Uptrend
History Repeats... Live ExampleI'm very excited to share this analysis with you all. Colgate-Palmolive (India) Ltd chart's just made me speechless.
This is weekly timeframe.
I have heard many time in market that history repeats.
And today I witnessed it as I found this.
Same pattern, same formation of trend line,
multiple time "U" shape formations.
The pattern, previous time it took around 2 and half yr..
But this it just one year..
Let's see now how it goes further.
Very excited to watch it's moves.
Every single candlestick trys to say you something, you just need to learn to listen it.
Learning is Earning.
This is not a call, its just for educational purpose.
I like to share like this content and will continue to share my analysis and charts.
Berger paints ready for upward trend ?Berger paints as on 17/5/21
CONDITION 1
1. Current Trend: Sideways
2. Trading near its resistance level.
3. Tested resistance level many times.
4. Resistance level: Around 770
5. support level: Around 700
6. RSI > 60
7. MACD: Fast length above the small length
8. Volume: Higher volumes past two days
Thought process: If the price in near future breaks resistance level with high volume, a buy trade could be generated.
Target: (5%) Around 808-810
(10%) Around 847-850
Stoploss: Around 735-740
CONDITION 2
If unable to break resistance level and move downwards in near future...
we will initiate a sell trade.
Target: Support level
stop-loss: Resistance level
LAOPALA : Positional
> Daily Chart
> debt free Company
> Good Volume
> BO after accumalation
> CMP 258. Good to enter till 244 during.
> Suport 200 on closing basis
> May go 300, 332 amd ATH (in 2-3 years)
Dtd : 23rd May TheCharts
Like, Share, Comment for regular updates.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
44 Moving average trade + Uptrend channel #1 | Mindtree A very innovative strategy of 44 moving average + support lvls of trendline or u can say a good up trending channel :)
Well, one should always trade this pattern if u know how to manage the risk :)
risk should be the money = after losing it u don't feel sad.
Happy trading and be happy :)
GreenpowerMarket has been touch the support and rejected. Expected it to move at the up side. Buyyer are getting stronger so it may move as per my expectation
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Hindustan zinc, Up move or Down move ?As of 18/5/2021
Pattern formed: Ascending triangle
Candlestick pattern formed: Bullish marubozu
Resistance level (arround 322-333 price levels) : Tested 3 times.
NOTE: Resistance level and ascending triangle pattern both broken with high volume on 18th May 2021.
RSI: Above 60
MACD: Shorl length line over long length line
Trend pattern: Sideways
According to Technical Analysis: Stock will move upward.
According to personal observation: Stock will correct up to price levels of around 332-334 before moving in any direction.
Result: Wait for correction.
🔹AIA Engineering Ltd the hidden man🔹all observations mentioned in the chart
little risky guys
buy @1840-60 range
strict sl below 1780🙏🙏
trgt 1950-2085-2230🎯🎯
long term 2500++
note guys dont go with a sudden buy.just keep it on radar.dont know when it gives reversal, anyway wait for that reversal and go with a buy. 🙏🙏
💠 why i said it risky 💠
check the numbers(1-3) that I plottted in the chart
✔yes!! it's a down side head and shoulder
1- head
2- left shoulder
3- right shoulder
✔note that q3 is not much postive
💠 then WHY I shared it for short term ? 💠
✔till now stock moving beautifully in an uptrend line
✔silent accumulation going on
✔big hands accumulating stock
✔gradually increasing Y-O-Y profit
✔symmetric triangle
✔good growth expecting company
weekly chart👇👇
🍂about the company🍂
AIA Engineering is engaged in one of the worlds leading manufacturers of value-added, impact abrasion, and corrosion resistant High Chrome Mill Internals (HCMI).(Source : 201903 Annual Report
MRPL CHANNEL BREAKOUT EXPECTED IN 1-2 DAYS- TARGET 56,76,136++With MRPL ready to setup oxygen generation plants across Karnataka, along with a channel breakout, a strong Bull run is expected.
Target-56 in a day or two, 76 in mid-term and 136++ in Long term.
CMP-48
SL-45
Please note that the above is for our analysis and educational purpose only. Do your research before investing
14. Buy HSIL - Bullish Weekly stockCan buy this stock with a Stop Loss of 140 on Weekly Closing Basis