Please refer to the chart published. Bank Nifty is at weekly support level Weekly candle formed is a Dozi indicating a trend reversal Volume activity is high . Good chance to see a bounce back from this level .
The stock has been a breakout with volume, good opportunity of accumulate for long term perspective. Thanks
Cummins India Cmp 915 dated 1.12.2021 1. Rectangle Consolidation BO above 940. 2. Volume BO Buy at Cmp for a tgt of 1005 SL 880 It is just a view, pls trade at your own risk.
If Matic crosses the white line then you can have a long position and the target will be the yellow circle.
Kajaria Ceramics Cmp 1133 dated 29.11.2021 1. Triangle Pattern BO @ 1145 2. Volume Break out. 3. RSI Divergence. Buy for a tgt of 1185-1205-1245-1290-1350 SL 1065 It is just a view, pls trade at your own risk.
Gland Pharma Cmp 3608 dated 29.11.2021 TRIO Breakout 1. Triangle BO @ 3620. 2. RSI already had BO. 3. Volume BO Buy above 3620 for a tgt of 3675-3735-3775-3825-3900 Ultimate tgt of 4225 SL 3480 It is just a view, pls trade at your own risk.
Retraced from 38.2% levels with good volume. Also tested 50 EMA. Expecting a good upmove in this stock. Above 1210 this stock should shoot up. Entry 1210 with SL of 1100 and target anything near 1450 levels.
After a pull back from 0.786 fib retrancement target achieved at the extension. Now again testing 0.618 fibo levels, above this expecting a good upmove. Entry above 790 SL near 770 and target near 900 levels.
Price is nearing its 52 weeks high with 7.1x above-average weekly deliveries. With ARS & SRS Positive during almost 10% correction, VEDL could be a good Medium Term bet.
Maruti is trading around a very crucial level of 7700. This level is held as a resistance since december last year. Possibility of the breaking out of is good after an accumulation period because of the following reasons:- 1) Bounce from Max Volume Zone. 2) EMA's showing long term side ways market (aka consolidation in wide range). 3) Closing above PP weekly and...
NSE:M_M is trading around 850 revels which is shy above Fib's Golden retracement level. The possibility of Upmove is good as well as consolidating for a few more days, buyer's accumulation will lead to upward momentum. Market might move up till the demand zone is attained. Another possibility is Breaking down to supply zone. Chances of happening so is thin but...
RIIL Cmp 742 dated 25.11.2021 1. Triangle BO above 745. 2. Volume Rise. Buy for a tgt of 995 SL 650 It is just a view, pls trade at your own risk.
NSE:HINDUNILVR has been falling for almost a week now and has touched its demand zone. The possibility of moving up is good. Majorly there are two possibilities form here: 1) Accumulation of buyers at these levels as we have seen previously that sellers are defending highs that are made recently. that means a consolidation at this phase. 2) Moving up as it...
Escorts Cmp 1803 dated 18.11.2021 1. Parallel Channel BO @ 1802 2. Volume Rise Buy for tgt of 2140 SL 1725 It is just a view, pls trade at your own risk.
Details mentioned on chart Stair Steps movement in price pattern observed. Pls follow strict SL Thanks
CSBBANK earlier gave a breakout by forming cup and handle pattern(weekly) with a decent volume spike, and now it is back to the breakout zone(demand area) and has formed a hammer candle on weekly chart. Expecting a reversal. You can trade accordingly as per your risk appetite.
Case study of DISHTV for Educational Purpose. This stock was facing resistance at particular level since last 2 years, and also got consolidation in parallel channel from last 1 year, now Stock making higher highs and higher lows ( Up Trend ) each and every time when price was correcting, the Volume was decreasing, which can makes conviction towards...
Hi Traders / Investors , This is a Swing / Positional Trade. I can see a bullish momentum in Zomato for following reasons :- 1) Resistance Level from ( 4 months ) got broke now acting as a Support. 2) Breakout with large bullish candle with increased Volumes. 3) As per Fibonacci , it is taking Support at 0.382 level which is good support with healthy...