Uptrend
Strong uptrend in tata motorsThe weekly charts clearly indicate there is a strong uptrend in tata motors which is likely to sustain.
The moving average has sustained above 50 for a couple of days which further indicates there is no expectations for a downtrend in near future.
Near time target would be around 204.
Greaves Cotton - W PatternGreaves cotton weekly chart shows possibility of W pattern formation. Can buy at cmp with stop loss of 82.7 or can accumulate in dips. Can go long with trailing stop loss for the technical target of 146.
Note: I am just a beginner. This chart is for learning and educational purpose only. Kindly invest based on your research and analysis. Do not forget to give a like if you find this chart helpful. Happy investing :)
NTPC Ltd - W pattern possibilityNTPC weekly chart shows possibility of W pattern. There is possible up move here following W pattern. Can go long with trailing stop for the target of 145.
Note: I am just a beginner. This chart is for learning and educational purpose only. Kindly invest based on your research and analysis. Do not forget to give a like if you find this chart helpful. Happy investing :)
TATA Power - Inverted Head and Shoulder patternTATA Power weekly chart shows Inverted Head and shoulder pattern. Can buy in dips for the target of 96. Breakout is clearly visible. I bought at 58 during the inverted head and shoulder formation. I missed publishing this idea. I would suggest to wait for some correction or buy later if it comes at retesting zone.
Note: I am just a beginner. This chart is for learning and educational purpose only. Kindly invest based on your research and analysis. Do not forget to give a like if you find this chart helpful. Happy investing :)
Triveni Engineering - Cup and handle patternThe weekly chart of Triveni Engineering Limited shows cup and handle pattern formation. Can accumulate in dips or can buy once the weekly closing is above 84 that is breakout for further up move.
Note: I am just a beginner. This chart is for learning and educational purpose only. Kindly invest based on your research and analysis. Do not forget to give a like if you find this chart helpful. Happy investing :)
TATACOMM Triangle pattern NSE:TATACOMM Good for intraday to positional... Safe players can enter the trade on retracement with strict SL.....
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
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3. Views given here is not a tip rather it is for educational purpose... After market opens, the condition might change so learn to handle for different conditions..
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Godrej Consumer - Ascending triangleGodrej Consumer is in consolidation since long. Ascending triangle pattern is seen in weekly chart. Expected up move once there is breakout. Can buy in the range 700 to 720. Wait for some correction. Can accumulate in dips. Technical target is 1026. Can go long with a trailing stop loss.
Note: I am just a beginner. This chart is for learning and educational purpose only. Kindly invest based on your research and analysis. Do not forget to give a like if you find this chart helpful. Happy investing :)
JSWsteel | Tredine Break with bullish candle || 30 min NSE:JSWSTEEL
Swing Trading opportunity ! 30min Chart Alert !!!
--Buy above =364
--Target = 373
--Stop-loss = 360
--Lot Size = 2700
--R:R = 2.22
--Expected Profit = 24,000 ₹ per lot (2.47 % )
Technical Reasons to trade :- 🧢
1) jswsteel break the trendline with volume
2) Volume is more than sufficient i.e engulfing pattern & bullish candlestick pattern
3) Uptrend Is continuing and Trendline break
4) All the possible support & resistance is mentioned on the chart
Guys check out the related ideas as well, it will worked really well !
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Rashtriya Chemicals & Fertilizers Ltd(RCF)-Inverted H&SRCF weekly chart shows inverted Head and shoulder pattern. Can buy once weekly closing is above 55 for up move i.e. wait for the breakout. Can buy at cmp and can accumulate in dips.
Note: I am just a beginner. This chart is for learning and educational purpose only. Kindly invest based on your research and analysis. Do not forget to give a like if you find this chart helpful. Happy investing :)
GAIL INDIA LTD- W PatternGAIL India Ltd daily chart shows a beautiful W pattern. It is likely to follow the W pattern. The dotted lines shows the probability of the movement. If everything falls in place, it might complete the W pattern. A double bottom pattern is a technical analysis charting pattern that describes a change in trend and a momentum reversal from prior leading price action. The double bottom looks like the letter "W". Can go long with trailing stop loss.
Note: I am just a beginner. This chart is for learning and educational purpose only. Kindly invest based on your research and analysis. Do not forget to give a like if you find this chart helpful. Happy investing :)