BSE Ltd Cmp 1491 dated 15.11.2021 1. Triangle Pattern BO above 1505. 2. Volume rise. Buy for a tgt of 1900+ SL 1400 It is just a view, pls trade a your own risk.
The stock at key resistance level, supported by volume. Entry, Target and Stop Loss mentioned in charts. Thanks !!
Consolidating and testing 50 EMA multiple times, this will give a good upmove in coming days. Good buying also seen yesterday. Entry near 2850, with a Stop loss of 2750 and target near 3000 - 3050.
Observations: 1. Stock takes support 4 times on support line. 2. Stocks gets rejected 3 times on short term trend line. 3. Stock takes 4th support from support zone and breaks the the short term trend line with good volume.
Positional View : - Upward Channel Pattern - Moving Average Support - Volume Surge - One month of good consolidated & Breakout Entry - Current Level. Target - Rs 450 , Rs 550 and Rs 640 (ATH) Stop Loss - Rs 370 Thanks
Commentry The market Started the October Series, with a (1.Low Volatility Test Reversal) Then It Formed a (2. Potential Trend Change) Pattern Made a retest for 17500 at (3. Effort Up) and (4. Effort Down) And Till Today have given two positive Followups (5. and 6.) So What is the Dominant Direction Here? For me Logically is the Long Side How i think prices will...
ICICI PRUDENTIAL Breakout. Bears are trapped in Descending Channel (parallel dashed lines downward), highlighted in yellow. High Volume on daily chart. RSI is above 60. Strong Bullish candle. #nifty #Banknifty #Icici
Hi Traders / Investors , This is a Swing Trade. There can be a bullish momentum in Muthoot Finance Ltd because of following reasons :- 1) Consolidation from (5 months) with Low Volumes got Breakout with High Volumes and Large Green Candle. 2) Got another opportunity to enter because of Retest . 3) Prior resistance level got break and now acting as a support . 4)...
Dmart Cmp 4961 dated 10-11.2021 1. Small Ascending triangle Pattern BO @ 4861 2. Volume Increase Buy for a tgt of 5100-5400 SL 4740 It is just a view, pls trade at your own risk.
IDBI bank is gearing up for the large moves in coming few weeks. There was a large accumulation for about 2 years and gave a break out with good volume on 28 sep 2021. We can also see that prices are making higher highs and volume is 2 times more when compared with the volume from April 2021 to Sept 2021 that clearly depicts, we are in Trending zone. At present...
Delta Corp is on upswing and here's a simple price action analysis. Breakout of 308 assumes importance. After which we can see an Initial target of 312, and if the momentum continues, it might touch 332. Support zone is around 294 - 290. Based on incremental targets being achieved, we can revise the target. I am bullish on Delta Corp and hold position, hence...
Manappuram Long perfact breakout candidate Buy at CMP- 180 SL- 166 Target- 193, 215 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Hi Traders/Investors, This is a Swing/Positional Trade. I can see a possible bullish momentum can still occur in Canara Bank in upcoming period because of, 1) Breakout and Retest of symmetrical triangle pattern . 2) Increase in Volumes in recent times. 3) Breakout of Resistance level ( approx. from 2 years ) with High volumes, as Longer the resistance holds and...
Mannapuram Cmp 219 dated 8.11.2021 1. Ascending Triangle BO @ 218 2. Volume Increase. Buy for a tgt of 270 SL 199 It is just a view, pls trade at your own risk.
Price and volume breakout is seen. Price has took support at 50 DMA and gave breakout previous high. Rise in crude oil price supports the price strength.
KPR Mills Cmp 512 dated 4-11-2021 1. Ascending Triangle BO @ 505 2. Volume Increase. Buy for a tgt of 685 SL 465 It is just a view, pls trade at your own risk.
BAT token had recently brokeout from the downward trendline and now it looks like it's bouncing back from the previous resistance which may now act as a support, i do soon expect a good bounce back with volume burst.This trade is also having a good RRR of 2, so do have an eye in it.
ABFRL Cmp 290 dated 4.11.2021 1. CUP & Handle Pattern BO above 295. 2. Volume increase. Buy for a tgt of 370 SL 260 It is just a view, pla trade at your own risk.