This is Daily timeframe. BEL have retraced and now consolidating for last 4 days in a range, it rejected to go for lower levels last day. MFI is at 21.77 level. There is a chance that is gives a bounce and continue it's rally. From botttom to top, it is currently at 0.38 fibonacci level. Keeping SL just above 0.61 fibo level. Psychology behind trade and SL...
Nifty is more weak compared to Bank nifty. A sell after pullback would give better RR
Bank nifty is placed at sell on rise structure because of global cues. Currently it's the strongest Index. Finally it's showing weakness on bigger timeframes but Still Sept,200 i.e. monthly LOW is to be taken out
This stock has been in a downtrend. Few days earlier, it has broken out of trend reversal double bottom pattern. Also retested the the neckline couple of times. In fact, both the times, it went below neckline and again came up with a huge volume. This clearly suggest that strong buyers are standing below that level. The stock is consolidating near it's downward...
Buy BDL at CMP:- ₹920 for 5_10% gains Defence sector on boost now Also fundamentally good stock to hold cot long run
Aptus Finance - Time frame - 1 hr Study - 1. Unable to cross 363 resistance level 2. took a strong support near 300 3. closed at 328 4. 10 times volume increase on Friday from support zone This chart is for only educational purpose No trade is recommended
Near resistance from where multiple rejection in pat 2-3 yrs interestingly volume has emerged this time near resistance increases the chance of breakout this time.
with multiple rejection the resistance getting weaker and emergence of volume and CUP about to complete. ready for explosion
The chart is self-explanatory. upside potential > 15% TREND ANALYSIS + BREAKOUT + VOLUME ANALYSIS + ADVANCE CONFIRMATIONS Disclaimer: This is for educational purposes only. This is not buying or selling recommendations. I am not SEBI registered. Can check the link to related ideas..
The chart is self-explanatory. upside potential > 15% TREND ANALYSIS + BREAKOUT + VOLUME ANALYSIS + ADVANCE CONFIRMATIONS Disclaimer: This is for educational purposes only. This is not buying or selling recommendations. I am not SEBI registered. Can check the link to related ideas..
TATA power has given a chance again for missed traders by pulling back to the resistance zone on very Low Volume showing the stock was not under heavy selfish pressure. It has also made a pullback to its trednline giving a superb entry price with a quick profit at 256.10 Tight Stop loss at 234.40 Keep It Simple
INFY finally breaks out of its long term resistance zone AGAIN after breaking past the 50EMA on above average volume. Very favourable risk to reward with the stop loss below the 50EMA Target near the recent breakout high. Keep It Simple
LTTS Study - Inverted Head and Shoulder Pattern, Good buying volume, Wait for volume breakout Time Frame - Daily Do your own study before taking any trade
INFO EDGE has been respecting the trendline since a long time and has always hit the lower channel followed by hitting the upper channel which gives an opportunity for a quick profit following past data and all done on above average volume. Support of 50EMA and trednline provide enough confluence for a quick long side trade targeting around 4591.45 Tight stop...
Please refer chart for detailed explanation and Targets. Fundamental and Technical Analysis Increase in volume on weekly chart. Highest sales and profit so far. Good dividend history. Good price to buy is between 120 -130. Fundamentals are strong so no need to worry even if price goes down. If you think my analysis is helpful than please do like my...
INFO edge is at very interesting place. I would prefer short here based on Friday's closing + Volume
After the previous post on Ultratech where the target was hit beautifully, it has given another break after having a TIGHT consolidation during the formation of a triangle after support from the 200 EMA constantly. Very High probability with a possibility of a Golden Cross coming in. Target to Next High Of 7497 Stop loss inside triangle. Keep It Simple
The chart is self-explanatory. upside potential > 15% TREND ANALYSIS + BREAKOUT + VOLUME ANALYSIS + ADVANCE CONFIRMATIONS Disclaimer: This is for educational purposes only. This is not buying or selling recommendations. I am not SEBI registered.