tata global buy for long ,good set upbuy if cross 276 and hold , go long 286 +
stop loss 260
Disclaimer: All posts/views are for educational purpose only..!!
Kindly contact financial advisor before taking position/decision.
Uptrend
TECHM CHART CURRENTLY.18/09/2019 ALSO COMMENT IF I AM WRONG PLEASE...
view only for educational purpose...
TECHM:- short term Resistance around 734-735 & Short term support around 675-670...
Intraday Range 720-722 upside & downside 700-704..
TECH Mahindra - Uptrend Price Move 654 ---> 713Tech Mahindra is in retracement of previous Big fall, so short term it is in uptrend and touch upto 713.
I marked the price movement as per target date in above chart.
Target 1 : 689
Target Date : 23rd Aug, 2019
Target 2 : 713
Target Date : 6th Sep, 2019
Britannia : Potential reversal from Strong uptrendBritannia has been in a nice and long uptrend over the last 5 years.
After consolidation, this stock now appears to have reached the strong support zone of this multi-year uptrend and has closed with a nice and long Hammer Doji.
At this point, it does feel like the support zone is strong and the stock will reverse back to its uptrend.
Its certainly worth confirming uptrend and then join this nice and LONG ride!
LT: Break or Reverse Trend line ?Larsen and Turbo has been in a nice and long uptrend for the last few years.
This stock has now approached this strong multi-year support zone with a lovely little Doji. Love the tension in the market at this point.
Do you think the stock will Reverse at this strong support zone or break it ? We will know it very soon.
Use your analysis skills and pick a direction!
L&T GO LONG , BUY NEAR 1342look for 1400, 1450, 1500, 1600 and 1642
STOP LOSS 1320
Disclaimer: All posts/views are for educational purpose only..!!
Kindly contact financial advisor before taking position/decision.
Larsen and Turbo: Uptrend EntryLarsen and Turbo stock has been in a nice and long uptrend for months now.
The stock now has reached the support zone of this uptrend. Its certainly a nice opportunity to make use of reversal from this support zone and enjoy the 'LONG' ride.
india bulls housing is downtrendIT IS IN SUPPORT LINE AND ALSO IT IS IN BOTTOM OF THE CHANNEL.SO AFTER SOME DAYS IT HAS A CHANCE TO GO UPTREND.
BHEL IS IN SUPPORT ZONEIT IS ALREADY IN SUPPORT ZONE.AFTER IT REACHES CLOSE TO THE SUPPORT ZONE IT HAS A CHANCE TO GO UPTREND BKOZ IT IS ALREADY IN OVERSOLD POSITION.
ZEEL IS BULLISHIT IS IN STRONG UPTREND FOLLOWED BY MANY BULLISH CANDLES.AFTER IT BREAKS THE RESISTANCE LINE IT WILL GO UPTO RESISTANCE ZONE AT RS460.
BAJAJ FINANCE IS BEARISHIF IT BREAKS THE TREND LINE STRONGLY IT MAY GO UPTREND.OTHERWISE IT HAS A CHANCE TO GO DOWNTREND .
VEDL HAS UPTRENDNOW IT IS IN RESISTANCE LEVEL IF IT BREAKS THE RESISTANCE LEVEL R1 THEN IT HAS A CHANCE TO REACH RS179 WHICH IS R2 POSITION.ALSO IT HAS A CHANCE TO BREAK HORIZONTAL CHANNEL.
KOTAKBANK is in uptrend - Target 1565 and 1723KOTAKBANK is in uptrend and oscillate in uptrend channel. it will move up and touch below targets.
Target 1 - 1565
Target 1 Date - 29th Aug
Target 2- 1723
Target 2 Date - 8th Nov
Watch out for break out line in orange color, if price break this level,then it will retrace and fall to retracement level.
Double Bottom Formation for BALKRISIND Up Trend Ahead !For BALKRISIND ,there is a double bottom formation in the 1 hr chart signalling the re-tracement of the daily chart downtrend has started , if the price closes above 738.5 we can go for a long
position and the target will be 764
TRX-USDT (UP-trend)This analysis shows that wave 2-3 in good up move in Trx-Usdt pair. Expected coming resistance 0.51. After that, a healthy shortfall will occur in a manner to move in an upward direction.
Retrace of BTC BTC can go to back between $90k-$93k which is very good for a sign for upword movement for next target between $99k-$101k resistance.
Logical levels of TCS In an uptrend, when you buy in excess below value or somewhere in the bottom half of the value area, the take profit level is always at the control price. When an opportunity arises to buy just above the control, the take profit will be at the value high. The protective stop will always be below the tail of the smaller rejection value area on the lower time-frame that is used to enter the trade. The risk will always be smaller than the reward unless you are buying extremely close below the control price.
Another Bullish Pennant Ready to Boost Bitcoin up to @10kAnother Bullish Pennant Ready to Boost Bitcoin up to @10k . As mentioned in image the height of Pennant is the next target price , if it breakout. Normally Pennant formation is a continuous pattern, so there are more chances are for breakout in positive direction.
