EQUITAS SMALL BANK FINANCE - Waiting for BreakoutCurrently it is in good momentum, and waiting for breakout.
Breakout done.. huge momentum expected... To hold for Long term.
Varthagamseivom
TVS Motor - Falling Wedge- Waiting for breakout.. Gap up expected in TVS Motors. expected to test the level of 645
Federal Bank - Waiting for BreakoutFederal Bank is under consolidation, now seems to breakout one the breakout happens it is expected to move 7 points.
Hcl technologies time for perfect entry - DON’T MISS IT Now HCL formed cyclic double bottom and completed W pattern. Also completed retesting zone.. time to perfect entry with stoploss....
Mahindra & Mahindra (Triangle Pattern or Cyclic Double Bottom)Scenario 1: ( Triangle Pattern )
If M_M Price forms Descending Triangle pattern. Then is a Chance for Break out @ down side, If So
Then the Entry Price Should be730
1st Target is 681.25
2nd Target is 663
Stop loss is 742
Scenario 2: (Cyclic Double bottom )
If The price Breaks above 781
Then the entry price is 781 after retesting the Zone from 798.
Target is 823
Stop loss is 766
Asian Paints - Daily Time FrameAs explained in the Chart.. I have not placed stop loss.
Take the stop loss based on the market direction and previous candle close.
Infy Analysis for positional Trading.Currently Infy is in Horizontal channel pattern.
Scenario 1 - If nifty price moves above 1340 we can take entry with target of Rs: 1378 and stop loss is Rs: 1323 (This is small buying opputurnity)
Scenario 2 - And Price further continued and if breaks above 1388 then the we can take entry @ 1388 - Target 1453 & 1474, With Stop loss is 1374
Scenario 3 - If price breaks below 1310, then we can go for Short Entry @ 1310 and target is 1247 and stoploss 1323
Reliance - Not advisable for Intraday. Currently reliance in Channel pattern and currently formed the triangle pattern inside the Channel pattern.
Also in Critical Zone. Buy above if price breaks 2037...
Sell Below if price breaks 1826 and it should break the trendline. Then Reliance will Fall..
Not advisable for intraday..
It is better to say away in reliance for retail traders Otherwise taking the trade by the way of HEDGING
SBI Analysis - Not for Intraday.For Buying
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Buy Above 374.. But not advisable for Buy..
Cannot to see any buying pressure.
Even Symmetric Triangle breakout happen in upper side, there is lot of resistance.. price will difficult to move upside.
For Sell
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Sell Below when the trend line breakout..
if the price tested the trend line again & if breaks this will test 323 and 308
HDFC Trendline and SupportHDFC is perfectly taking the support of Trendline, Which is getting weaken. And also keep testing and taking support level @ 1364.. This support is also is getting weaken..
If the price Breaks the level of 1360, it may test the level of 1241 & 1171
Airtel Analysis Intra day1) CPR is lower than the previous day CPR level, it indicates Trend will continue tomorrow. Now the trend is downtrend.
2) If Airtel opens below previous day high the price will test the PDH and come bak to CPR @ 532
and if it breaks the CPR level it will test S1 or PDL or Major reversal zone which is highlighted in pink.
3) If Airtel open Between PDH and 3day low, we need to wait to candle close above 3day low the the target is R2 and 3DH.
4) If market opens below CPR the S1 and PDL and major reversal Zone.
Divislab for positional Trading - Not for IntradayScenario 1 Long:
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Now Divislab currently made double bottom . Now in Lower time frame it is showing reversal indication of Hammer candle in lower time frame
If Divis Lab moved above 3427 the we can go for Long and Stop Loss would be.3312
The 1st Target Will be 3686 & 2nd Target will be 3879
Scenario 2 Short
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If Divis Lab breaks below 3251 the we can go for short and Stop Loss would be.3312
The Target Will be 3023
Scenario 3 Long
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After Completion of Scenario 1( level 3887) The price will be retest @ 3804 and will break out after 3887 and retest the same level from new high and start rally toward the price level of 4441. This pattern is called cyclic Double Top .
Also we can take entry @ retesting zone of 3900 to 3983 But the stop loss should not below the 3804 and the target will be 4441
Titan - Swing Trading- Double bottom and Wedge pattern formedHi Titan
Double bottom made also wedge pattern formed.
Expected to breakout upward.
Entry and Exit levels are mentioned.
Raising Three CandleUsually type of pattern formed in all scripts in 5 mins time frame.
Rule: 1 - First candle should be bullish candle.
Rule: 2 - next 3 to 4 candles should be bearish or doji or bullish ( not closing above previous candle)
Rule: 3 - 3rd or Fourth candle should not close below 1st candle. if so the next candle will be bullish candle. Entry point will be 1 candle open price.. stop loss is 50 percent of the 1st Bullish Candle.
(or)
If the 3rd candle closed below the 1st bullish candle, wait for next candle. if next candle is bullish candle and the same closed above the first candle. Then take the entry.. Stop loss will be 50 per or 75% of the first candle.
if next candle closed below the first candle then the pattern will be invalid.
Reliance Bullish move expectedHi,
Dear All,
Reliance is excepted for bullish move. In Intraday 15 mins candle pattern formed triangle pattern which is indicating for bullish move. So in coming weeks we can expect for uptrend from reliance.
1st Target is - 2094
2nd Target is - 2172
