the banking index looks set to show further higher zones with ups and downs dont feel it is difficult for it to kiss 50 k mark in months to come
Udayshivakumar Infra formed a clean IPO base in VCP pattern. Looks like institutions are accumulating this scrip. I am expecting a move to 40 levels minimum from this scrip and another factor here is that the scrip belongs to Infra sector which in itself is showing good strength. I have entered the trade today at 30.75 my stop loss is set at 29. *DISCLAIMER*...
Exide looks strong on weekly chart by breaking falling trendline resistance with good volume jump and breaking Bollinger upper band too and gives a bullish closing on above both so that we can see coming bullishness in this counter. Cause of long-: 1- Falling resistance breakout. 2- Bollinger bands breakout. 3- Volume breakout.
Welcorp has beautifully formed a cup and handle pattern in weekly time frame. Currently, stock is trading at the neckline. Be cautious in this stock as there can be multiple stoploss hunting before genuine breakout. Targets can be minimum 100 points from CMP for positional and long term perspective.
Niftybank trading zone for this week 43700-44500,breaking 44500 wii lead to 45000 educational idea only
Nifty trading zone for this week 18300-18880 only after breaking 18660 educational idea only
Nifty bank level for this week can be 44150-45000 only after breaking 4450 educatinal idea only
Nifty50 trading zone this week 18300-18600,after breking 18300 next level 18200 educational idea only
L&T Technology Services has been making a Volatility Contraction Pattern over the last 15 odd months. The base is ripe and has broken out strongly with a huge volume candle, and a gap up. The price is sustaining above the breakout level and the set up is a highly favourable one, with regards to VaR. Long LTTS over the medium term for targets of previous highs,...
nifty50 trading zone for this week 18000-18300 after breaking 18000 17800 is next level educational idea
NIFTY 50 trading zone for next week 18070-18600 only after breaking 18400 educational idea only
nifty 50 trading area for next week 17800-18400 after breaking 18250 educational idea only
nifty 50 level for this week 17800-18400 after breaking 18100 giving inverted H&S pattern breakout educational idea only
#SBI : VCP Breakout Positional Call (1-3 months minimum) >> Entry at cmp or at retracement till safe entry levelz >> Good Volume Buildup >> Good strength in Stock >> Swing Traders can book profits at 5-10% or keep trailing Trgts : It will test the Previous Swing highs Keep Liking & sharing for more such Learning
good accumulation, VCP pattern u/d ratio more than 3 sellers exhausting. accumulation going on around 50ema 21ema going towards 50 ema with changing angle sl is less than 8 percent, which is reasonable for positional type trade. one big volume bar might reveal accumulation. buy if stays above 1900.
NIFTY50 trading range can be for next week 17500-17850,keep an eye on 17500 after breaking it may lead to 17300 educational idea
NIFTY50 trading area for next week can be 17650-18100 educational idea only
Banknifty trading range can be 40400-41500 trading above 200ema educational idea only