Uptrend
HDFC 2800++We can see stock corrected after a huge gap up where there was heavy selling that continued for some days from the past itself 75 ema has been acting as exact resistance so from now on price is over 75 ema so it will act as support so we can keep sl slightly below 75 ema or below major trend line .
and we can see fromation of higher highs and higher lows and price breaking trough resistance so currently in uptrend can expect 2800++
Zeel Uptrend continuation NSE:ZEEL
Time Frame : Daily
View : Bullish for Short term, Swing and Long Term
Technical :
1. Trendline Breakout
2. Perfectly moving upside steadlily and respecting uptrend
3. Falgun Indicator : On Border i.e. breakout of 273.15 moves this stock in Bullish territory.
Pattern : Symmetrical Triangle Pattern Breakout
Buy : @ > = 274
Stop Loss : 262 - 263
Target : 280 - 299 - 327 - 356 - 375
CROMPTON - Breakout with volumesNSE: CROMPTON is looking to breakout out from the consolidation range.
Today's volumes indicate a huge demand and should move to previous swing highs in the coming days.
The stock has been in a accumulation phase along with trendline support over the past few days which is creating the uptrend.
One can look for a 8% to 12% gain on deployed capital in this swing trade.
The view is to be discarded in the event of the stock breaking previous swing low.
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Disclaimer:
This is for educational purposes only.
#BTCUSDT#BTC General Update
BTC again got rejected from the $24,000 resistance zone and is currently trading below the $23,000 zone. BTC has strong/trendline support around the $22,600 - $23,000 zone and it's trying to hold above this zone. The market is bullish as long as BTC holds above this support level. A break below $22,600 will lead to a strong dump continuation to the next support at the $21,600 zone. Keep your leverage low and do not forget to place stop loss in all open positions.
Today U.S. CPI data will be released so expect high volatility in the market. if CPI remains between 9.1-9.4 then the market will be stable and can pump as well. if it's above 9.4 then the Market will Crash. We'll see a clearer market direction after the release of data.
MINDTREE LTD_CHANNEL BREAKOUTMINDTREE LTD seems channel breakout. If price sustain above 3174, It will move towards upward 3554.
KPIT TECH - SWING TRADE IDEAKPIT TECH - SWING TRADE IDEA
1. Look like a rounding bottom pattern forming...
2. on the weekly timeframe, it breaks the downtrend and started retracing now.
3. Based on the rounding bottom pattern the target should touch the all-time high which is 725.
4. If falls it has strong primary trend support at 500 to 520...
Note:
1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
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EMA Support and price action supportThe stock DRREDDY broke its long awaited resistance zone on July 11th with an above average volume.
Right now it is retesting the previous resistance zone (Which, according to price action theory might work as support now.)
and also the 50 and 100 day moving average is just below the current price which adds double confirmation.
the 200 EMA is at near 4400, if it gets breached there will be good up move.
It might provide a good swing in upcoming days,
SL of 4300 is a must.
BHARAT ELECTRONICS_BULLISH MOMENTUMBHARAT ELECTRONICS moving towards uptrend in Rising Wedge Pattern and also its seem like a inverted typical head & shoulder forming. so, keep concentrate for breakout confirmation. In daily chart, if price open & close above the trend line. Pattern will activate then it will move towards upward resistance.