Simple and basic analysis --- Symmetrical Triangle Formation in up trending stocks Ambujacem with good support of 50 moving average. Safe investor Can wait for breakout for confirmation for Target of ₹330 swing trade And risky trader can buy on dip Note : Not a Trade Tip or call, Just my Point of view on my analysis
26-May-21 NSE:TATAMOTORS Stock in excellent uptrend, but faces lots of hurdles ahead Pro's Strong uptrend, and consolidating. New 52w Hi, Plus Hight and tight consolidation indicates likely upmove soon Likely Targets: 432-448, 548-564 Cons Overall upmove likely to face multiple resistances ahead. Consolidation ahead could be likely long drawn,...
A very innovative strategy of 44 moving average + support lvls of trendline or u can say a good up trending channel :) Well, one should always trade this pattern if u know how to manage the risk :) risk should be the money = after losing it u don't feel sad. Happy trading and be happy :)
Hi Just an observation and analysis based on charts and other technical factors Looks like we are going to see an uptrend on NIFTY PSE i.e. >51% outstanding shares owned by Central / State govt The list of all the PSE mentioned in the below link and individual charts are also indicating a bull run for PSE in.investing.com
Stock has cleared the breakout levels in today's session and gave a comfortable close above those levels, which confirms the breakout, can definitely be bought here with the respective stop-loss for an expected profitable trade.
Endurance Technologies weekly chart shows inverted Head and shoulder pattern. Buy at cmp with a SL of 1149 or accumulate in dips. Can go long with trailing stop loss for the technical target of 1798. Note: I am just a beginner. This chart is for learning and educational purpose only. Kindly invest based on your research and analysis. Do not forget to give a like...
Greaves cotton weekly chart shows possibility of W pattern formation. Can buy at cmp with stop loss of 82.7 or can accumulate in dips. Can go long with trailing stop loss for the technical target of 146. Note: I am just a beginner. This chart is for learning and educational purpose only. Kindly invest based on your research and analysis. Do not forget to give a...
NTPC weekly chart shows possibility of W pattern. There is possible up move here following W pattern. Can go long with trailing stop for the target of 145. Note: I am just a beginner. This chart is for learning and educational purpose only. Kindly invest based on your research and analysis. Do not forget to give a like if you find this chart helpful. Happy investing :)
GAIL India Ltd daily chart shows a beautiful W pattern. It is likely to follow the W pattern. The dotted lines shows the probability of the movement. If everything falls in place, it might complete the W pattern. A double bottom pattern is a technical analysis charting pattern that describes a change in trend and a momentum reversal from prior leading price...
BSE weekly chart shows inverted head and shoulder pattern. Breakout is seen in the chart. There is high volume too. I would not suggest wait for some correction for buying. You can also accumulate in dips. Can go long with trailing stop loss. Note: I am just a beginner. This chart is for learning and educational purpose only. Kindly invest based on your...
Bharat Forge daily chart shows Inverted head and shoulder pattern. Can buy at cmp with SL of 518 or can buy in dips. Can go long with trailing stop loss. Note: I am just a beginner. This chart is for learning and educational purpose only. Kindly invest based on your research and analysis. Do not forget to give a like if you find this chart helpful. Happy investing :)
The 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...
It's bullish on monthly charts too. After considerable correction, the second bullish wave has just started above 60, so one can still accumulate if near term if we see any downside keeping strict stop-loss at 60. On the daily chart, it is very bullish and the uptrend has already started. Suggest to book partial profits sequentially at levels of 90, 100, 110,...
Reliance has broken a rectangular pattern in daily time frame and it is at all time high levels and in upward momentum. . Reason to Buy after Retracement: 1) Pattern breakout 2) Good volume at breakout Indicator supported this breakout: 1) Bollinger bands 2) Moving Avg. . Planning on Buying at retracement. Stop loss will be below immediate support level. . Hault...
Advanced Enzyme Technologies Ltd: Inside bar pattern on 1 hr TF chart with a spike in volumes. Strictly enter and exit strategy. Entry at INR 194.85 (High of the preceding bar) and Exit/ Stoploss (low of the preceding bar) at INR 185.10. “The elements of good trading are: (1) cutting losses, (2) cutting losses, and (3) cutting losses. If you can follow these...