Godrej Properties showing breakout after consolidation with strong volume from it's support level 200 period EMA. Higher possibilities for further up moves if supported by the market.
Chart Pattern: Ascending Triangle.
High Risk!! It has broke the resistance and now may face an strong uptrend Buy only on rising above @ 2434 With stop loss of 2412
Only gives a buying opportunity if Breaks resistance an reaches @ 1454 Or else might expirence a downside momentum!
This is a potential buy setup in this uptrend with SL 338.75 and targets 379 or higher towards 400 resistance zone. Hit like comment Regards
Indiabulls is gearing itself for a major breakout. Price is in consolidation zone after a major uptrend & volume consolidated after a decline. It has formed a Pennant structure & uptrend will continue once it breakout of the upper trend line. Major resistance at 235-238 levels. Entry would be above 238 once it breaks the resistance and upper trendline with heavy...
NSE:HDFCBANK (FOR LEARNING ONLY) Price currently trading in ELLIOT 5TH WAVE Volume expansion when price moves up suggests the strong bullish move Relative Strength is on rise PRICE MIGHT MOVE TILL 1200 IN 3 or 4 SESSIONS TG1 1120 TG2 1200
As per the 50SMA(Simple Moving Average) SBIN trend Analysis is moving UPTREND. For Education purpose only.
it forms a descending triangle in the chart if the LTP is above 94.55, it will ascend wait for the 2nd candle on 13th July in 15 min chart.
HORIZONTAL LINES FOR SELL FIB LEVELS FOR BUY FROM PREVIOUS CLOSE ALL THE BEST...!
BANKBARODA is on its common support resistance position same as in early aprill, there is chance for either uptrend or downtrend,also a chance for a sideways trend. Most probably uptrend since RSI is in between 50-80. Keep waiting and if it cross his point to up, chance for a uptrend or there is chance a downtrend.
It is satisfying all the rules which we follow to take a trade : 1. Always buy/sell with the trend. 2. Always wait for the last kiss/breakout. 3. Always buy the second candle after retest. Please follow the stop loss as intraday is all about minimizing losses and maximising profits !! Feel free to follow me on Quora (Jago Niveshak) for daily calls and...
Maruti has been moving in an uptrend channel. Currently its in consolidation phase on this smaller time frame where price drifted down to 5885 zone. It may retest this level again before breaking out of the trend line for a target of 6025-6050. 1. Let the price settle down in the 5885 zone or lower before taking trade. 2. If price opens with a gap above trend...
LOOKING UP TREND FOR SHORT TERM INTRADAY LEVELS GIVEN ALL THE BEST
Waiting to see a breakout on the upside.
In the 1 Hour timeframe, we can specifically find the stock moving in the uptrend channel. One should wait for the retracement level and then make a long position.
Time frame - 1 Hour As 3 days ago ICICI sold a large stake of ICICI Lombard stock fell near 5-7% and not ran up recently much. I would suggest to go for long at this point to capture 20-50 points. Support from the trendline has been confirmed.
#Banknifty show the great up move and doing the up side and closing is 21708 and if #cross 22100 then come to 22500-22800 again in some time and #downside supports is 21400 if break and stay below then come to 21100-20700.