Idea is based on volume profile & PA. Confirmation only on orderlow
suzlonenergy given oositive closing good volume and RSI looking good for 30 target educational idea only
equitasbnk breakingout from double bottom good volume and RSI immediate target can be 100 educational idea only
Union Bank Cmp 99.60 dated 20-9-2023 Weekly Chart (Positional Call) 1. Inverted Head & Shoulder Pattern. 2. Rounding Pattern 3. 5 years of consolidation BO @ 100 4. Price Rise with Volumes Buy above 100 target 115-130-140-150-160-175 SL 85 It is just a view, please trade at your own risk.
Ujjivan Small Finance Bank Ltd Mid cap share (Trade according to your risk apatite) Pole and Flag formation on the chart FIIS increased their Shareholding ,can see the link www.screener.in
Weekend Pick 2: Ashoka Buildcon Fundamental : Very Strong. Growing Sales, Profits. Significant Debt reduction.. High CAGR% Growth! Technicals : Triangle Breakout after huge consolidation and Volume blast. Well placed MAs R 1: 145 R 2: 170 R 3: 200+ SL : 95
Reason for taking this trade: 1. BHEL is making Higher High 2. RSI is coming back from Overbought and taking support at 50 level. 3. With Buy around 122 and a target of 150 4. With Stop loss of 117 or we can wait till 112. 5. Volume: For this correction volume is less compared to the move. Note: Only for Education Purpose.
IT is retesting its 50 EMA area wil it sustain is the question Majority of counters like TECHM, PERSISTENT, HCLTECH, NAUKRI etc witnessed a downmove in the week gine by with result on the way, woul be fun to watch what IT has in store
simiar to NASDAQ, it too needs ti sustain above 20 september highs to turn Bullish from curent bearish trend ! If one Observe carefully, they will find that despite the counter breaching 20 and 50 EMA levels, in last 3-4 cases, despite there was no NEGATIVE crossover like its seen recently thats worrisome
After Inverted H&S and C&H pattern, Likhitha hits ATH today. Latest news QIP investments. 1h volume is good. Raising Higher lows. Fundamentally good company.
HI All - good opportunity to go long for Silver/ Silver Micro for Swing trade. Timeframe - 1h Key Highlights: 1. Bouncing off support zone 2. Taking support at good volume 3. Good risk and reward
LALPATHLAB breakingout c&h pattern WCB good volume,strong RSI trading above all key ema target can be 2700 soon educational idea only
Previous high was broken with a great volumes. Long position Note: Educational purpose only
COLPAL breaking outfrom rounding bottom good volume and RSI trading above 20ema target can be 2140 eductional idea only
BHARTI FUT made flag pattern on an hourly chart with comfortably trading above breakout level with decent OI, as well as trading above VWAP. Could be bought with mentioned stoploss & target.
24Sep2023 Buy ChemPlasts Between 466-490 SL 412 Target 1: 541 Target 2: 604 Target 3: 668 ChemPlasts has given Classic Head and Shoulder pattern breakout and tested the breakout Previous lower high broken with Volume Forming rounding bottom
HDFC Bank has given triangle pattern breakdown. Volume has not given the confirmation, current week volume is less than previous week. Expecting breakdown retest and their after validation of the breakdown. Bank Nifty has retraced its 50% retracement level after up move in last couple of weeks.
This is based on volume profile & PA. Confirmation only on orderflow