This stock hasn't performed for a long time but on the larger time frame and uptrend it has formed a symmetrical triangle. The breakouts from the triangle are usually massive. On the shorter time frame, I see the formation of an Inverted Head and Shoulder pattern which signifies that a bullish breakout is around the corner. MACD on the shorter time frame also...
The price broke upward out of a trading range suggesting we're entering a new uptrend. Support & Resistance Support found at Rs. 61.05 Resistance found at Rs. 78.05 Target: Rs. 78 Note: This chart analysis is only for reference purpose. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial...
NSE:JUBLINGREA Stock has breakout of 10 months downtrend. Now we can expect it to explode upward. entry point is 457 rupees. target 470 rupees and 495 rupees. stoploss below 395 rupees.
The 200 EMA is known for its ability to identify long-term trends. This is because it is a higher EMA. The higher EMAs, like the 200 EMA, focus more on past prices and less on current market prices. That is because the line is derived from 200 past days.
Support 💪 Trend in Detail | Finschool Support is the level at which demand is strong enough to stop the stock from falling any further. Each time the price reaches the support level
1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula: - Stop Loss Amount/(Buy Price - Initial Stop Loss Price) 4. Sell on initial Stop Loss hit or RSI close below 40 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Weekly tailing tops with high volume c. Exhaustion...
TCS gave BR on resistance of 3460....with a good momentum....can capture few points in this short trend term trend Entry - 3460 Target - 3545 Stoploss - 3430
#Stock #TATASTEEL broke the price closing ranges with some good volume. We may See some uptrend from here onwards. Target 1 : 115, Target 2 : 125 Thanks
Hello Friends, As we can see there was good rise yesterday 10+ points but today it complete market down. I think its good time to re-enter if not already. because some reason market is on down but it will be bounce back tomorrow with all stocks. So may be this is the time to take entry in coalindia because after few days it will give dividend so buying will...
Ujjivan Small Finance Bank formed a Cup & Handle Pattern and started give breakout from 34 level. Stock can be accumulated around 36-37 level. T1 is expected at 38 and T2 is expected around 43. Overall expected target is 53 Set stoploss at 28 and increase the stoploss when stock moves up. Pattern is tracked on weekly chart. Disclaimer: This idea is only for...
Harsha engineers again at strong support. Trading at very strong support and may show some good upside in short term
Motherson Sumi Wiring India Ltd has formed reversed Head & Shoulder Pattern. Can be added around 54-55 with target of 62 and set Stop loss at 52. Pattern is forming on daily chart. Disclaimer: This idea is only for education purpose, Please consult your financial advisor. I am not SEBI registered.
after years of down trend back to uptrend can hold as long as above 200 daily ma if you want to follow trend even ppfas fund also buying disclaimer- this is not any investment call or idea , this just my view and it can go wrong ,this is only for educational purposes trade at your own risk :)
Nifty 50 Daily Analysis! Trinagle Pattern formation in Nifty50! Triangle Pattern Breakout in Nifty50! Nifty50 formed a Triangle on a daily Timeframe. Today It has given breakout and closed above the resistance trendline. We can expect further upmove in Nifty50 in upcoming trading sessions. Rest of all Analysis is on the chart please take a look. Entry = Depends...
Hello Friends, Here we had shared possible Elliott wave counts of National Aluminium chart, on daily time frame, which is clearly indicating that above 66.95 major support level it is purely in an impulsive phase. According to the Elliott wave structure, the price chart has exhibited the following patterns: The initial phase consisted of an upward impulse...
SONACOMS has rested on its next support and now on the way to the second phase of its uptrend after the trend reversal from the channel. The targets and the SL are marked on the chart for your reference. Remember this is an education post and meant only to understand the behaviors of the charts. It does not carry any tip to buy or sell for the stock. Good Luck !!!
hiii all, Greetings! For almost an year we have seen Tech Mahindra stock running side ways, few days back Tech Mahindra gave a breakout above 1140 levels. Yesterday & Today it has retested its support level. Hopping for strong up move. well the result season for IT stock has begun so keep an eye on results also. Thanking you Important Things 1. This is only...
After a good upside rally as can be seen in the chart, 'Berger Paints' went into a consolidation phase. today it has broken the consolidation zone and also has changed the trend in the smaller time frame. Now we can keep it on the radar for the coming days so we can see if this is a breakdown which is more likely to happen or a fakeout to trap sellers. both side...