GLENMARK_PHARMA 1HRTHE STOCK HAS GIVEN A BULLISH BREAKOUT OF A DIAMOND PATTERN ON HOURLY CHART
THE STOCK LOOKS BULLISH FOR INTRADAY
TARGETS:-5069, 514 AND 518
SL 494.20
Uptrend
UPL 1DTHE STOCK LOOKS BULLISH ON CHARTS
HAS CLOSED AND SUSTAINING ABOVE 200DMA POSITIVELY
AFTER A LITTLE DOWNTREND THE STOCK HAS NOW ENTERED IN BULLISH TERRITORY.
TARGETS:- 465.50,478 AND 490
SL:- 441 ON CLOSING BASIS
DR REDDY 1D THE STOCK IS ON THE VERGE OF THE BULLISH DIAMOND PATTERN BREAKOUT ON DAILY CHART.
THE CHARTS ARE LOOKING BULLISH ON LOWER TIME FRAME TOO
THE CONFIRMATION WOULD BE 4970 PLUS CLOSING OF THE BREAKOUT
TARGETS:- 5047, 5089, 5150 AND 5262
SL:- 4820 ON CLOSING BASIS.
RELIANCE nearly FORMED A MORNING STAR PATTERNRELIANCE nearly FORMED A MORNING STAR PATTERN Maybe a good BUY!
Long BPCLSupport and Trendline Confluence point BPCL May resume the upside journey from here.
Buy BPCL 360-375
SL 335
Target1 420-430 Target2 460
KEI Industries-W patternThe KEI Industries chart is following W pattern. I had prepared KEI International chart on 18-11-2020.At that time, price was 365 and today it is 424 which is ~16% rise in just few days. (I am unable to attach png file of 18-11-2020 chart of KEI Internatioanl here. Do let me know in comments if there is any way for that. I used to save all the charts in png format previously. Recently started publishing here).It has beautifully followed 'W' pattern in the chart. The W target has been achieved here.
Note: I am just a beginner. This chart is for learning and educational purpose only. Kindly invest based on your research and analysis. Happy investing :)
Sun Pharma had taken support at 100SMA, good up move expectedSun Pharma had taken support at 100SMA in daily charts. Usually stocks taking support at 100SMA shows good momentum in upmove. Retracement offers low risk entry levels.
BankNifty November Future AnalysisBanknifty is in uptrend. I think Banknifty increase from 20th November to 24th November(30562 to 29300)
Banknifty Continuously 3 days increasing and next day(4th day) falling. Falling will be 0.6 Fib retracement. I think 25th November banknifty will be fall from 30615 to 29300.
Banknifty moving in Channel Pattern.
BHEL 200 EMA BREAKOUT - SWING OPPORTUNITY ?BHEL was on a downtrend for the past two months and 200 EMA was acting as a dynamic resistance and it was tested two times before todays breakout with high volume . And it was creating higher lows from November 4th.
ABOVE 30 BHEL looks bullish.
NSE: HAVELLS - A SUPPORT OF DOUBLE BOTTOMNSE: HAVELLS has been in an uptrend since June-July 2020 after a heavy fall due to COVID-19. The DOUBLE BOTTOM formation is observed in the daily and weekly charts. The analysis has been done from macro to micro timeframe (Monthly --> Weekly --> Daily). The current view on the stock is to go long with given levels.
I suggest you do your own analysis before investing. This is my perspective based on my understanding.
Trade Status = ACTIVE
Reliance is a Strong Buy, Market is Uptrend and Bullish.Reversed from 200 EMA, again took support of 50% Fibo and Holding at 0.618% with Bullish Hammer and 2090 is the target for Tuesday and it will be unstoppable after 2100. Google’s 33000 cr investment will be coming soon, bought 96% stake in Urban Ladder.
Like the post and follow for more real-time updates.
LAURUS LABS FORMED A MORNING STAR CANDLESTICK PATTERNLAURUS LABS FORMED A MORNING STAR CANDLESTICK PATTERN
LAURUS LABS FORMED A MORNING STAR CANDLESTICK PATTERN LAURUS LABS FORMED A MORNING STAR CANDLESTICK PATTERN
Hidden RSI Divergence in AMARAJABAT for Target of 877+We can see the price making a higher low, whereas at the same time the RSI is making a lower low. This is a bullish continuation pattern where the divergence indicates the end of a temporary retracement in an overall uptrend. This could be a great moment to buy AMARAJABAT for an immediate target of 852 and next to 877+.
Possible Trade:
Buy AMARAJABAT above 835
Stop loss - 825
Target 852 877+
Bullish Crab - Expect upside moveTrend reversal after taking support around the PRZ. Expecting good upside after price breaks 38.2% resistance level the coming day.
Reliance Expecting movementcurrent market analysis we expecting Reliance will move uptrend for couple of days. Short time or long time good, Once Reliance cross 2000 level then we can see a good move.
#LETSTALKABOUTMARKETS - BAJAJ FINANCEBajaj Finance has been consolidating for quite some time now, and it seems to have started it's upside move for a short term perspective. With it's base near 3280, one can enter in this stock with a closing sl at 3260 on a closing basis. Technical perspective, it is respecting it's 7 day moving average and has bounced back from the same today. The RSI is also in uptrend and the MACD crssover has also taken place. Short term target for the same is 3550-3600.
This is purely for educational purpose, but do like and comment for your viewpoint.
APOLLO TYRE ON DAILY TIMEFRAME.NSE:APOLLOTYRE
APOLLO TYRE MIGHT SOON BREAK THE 150 LEVELS AND WE CAN ALSO SEE AN ASCENDING TRIANGLE FORMATION ON DAILY TIMEFRAME.
WHICH SUGGEST A MOVE UPWARDS.
NOTE-THIS IS JUST FOR EDUCATIONAL PURPOSE.
IF ANY SUGGESTIONS PLEASE LET ME KNOW IN THE COMMENT BOX.
