Tata Power Cmp 290 dated 6-4-2022 1. Flag Pattern on chart BO 271 2. Rectangle BO @ 271 3. Volume Surge 4. RSI BO Buy for a tgt of 340-365-425 SL 255 Disclaimer : I am not a Sebi registered Analyst so please do your own Analysis before taking any action, The above view is shared just for educational purpose. By no means shall be responsible for any losses...
NSE:COALINDIA #NSE:COALINDIA formed beautiful cup & handle. levels marked for practice. Happy LEarning !!
Short Term Picks #DBL Buy Range 290---295 SL 260 Targets 330---350
Script showed a real nice break of bearish structure to bullish structure. A momentum move can be played above 220 levels with 3-5% of SL. Happy Trading :) Disc: Chart posted only for learning purpose.
Bank Nifty future given fantastic entry opportunity with anchor VWAP . Exactly taken support from LL and rallied towards upper band . only concern is no volume expansion in upside move . HH structure is still pending 36900 level . watch important level before taking big positions . Happy and Safe trading guys. if you like the content kindly share with your friends.
Gujarat State Fertilizers & Chemicals (W) Trading at All-time High Breakout with Massive Volumes Buy above 176 SL:- 161 Targets:- 185/200/220+ Chart shared for educational purpose. I am not SEBI Registered Analyst. Kindly do your own research before investing.
Rashtriya Chemicals & Fertilizers (W) Darvas Box Breakout Massive Volumes after a long consolidation Buy above 96.40 SL:-88 Targets:- 100/111/132/150+ #RCF Do your own research before investing.
Trendline breakout a close above 400 can take it to 445 very qiuckly stay tuned high volumes and really good valuation stock
Prediction: Expected min 20% steep rise in upcoming days. As per the chart, diagonal pattern is formed in daily TF and also a smaller diagonal was formed at the minute wave 5 where price has given a breakout. Aarti drug has corrected almost 58% from its High. Note - View's provided are for Educational purposes only, please do your own Research.
Nifty future are forming a perfect head and shoulder pattern on 15 minute chart frame. If the structure breaks down, good targets can be achieved. Wait for the pattern break down for entering the trade. Support :- 17510, 17480, 17400 Resistance:- 17590, 17700
BALKRISHNA INDS formed CUP and Handle pattern . Right now the price is near important SR And FIB level . Break out from this area will give a good swing trade opportunity. Reference point is 50DMA . Volume expansion in long side is a positive sign .
Reasons for long: 1.Consolidating since 2020 ( price Between 207 to 245 ) 2. Increasing volume in this month 3. RSI indicator nearing to 60, above this price becomes more bullish and also nearing to 265.30 previous high, which acts as long time resistance, trade according to your risk........... if you like my view on ITC ,then please give likes...............
MPHASIS LTD near its 52 week High and Major SR level . Plan your trade once the price sustained above 3500 level. only concern is there is no volume expansion . if we get wide range candle with good volume we can initiate a trade. Also make your own analysis before making any entry. Also watch Nifty IT index for reference.
adanipower cmp : 114.90 after a blockbuster run with a flag pole & triangle pattern breakout from 109 to 166+. has came down & quickly retesting the breakout price . buy & acccumulate till 102 keeping stop loss as 91 for targets : 128/138/149/166+ note : buying was with highest weekly average volume selling was with low volume.
First, I recommend reading the previous report of BankNifty. Link: BANKNIFTY Can't Wait to Fall – Even Without NIFTY's Help According to technical analysis, Banknifty is trying to collapse. It needs solid support to reenter into the uptrend channel. The strong support is nearby the 34600 level. It will try to retest 35260 - 34880 - 34600 levels this week. ...
Axis bank has given a descending triangle pattern breakout. Though the stock has closed just below the resistance level of 726. The breakout has been confirmed with the volumes. RSI is also showing a bullish divergence on 15 minutes time frame. Levels are mentioned on the chart itself. Wait for the price action confirmation near the levels for entering the trade.
#SAIL Long (24 Mar) Inverse Head & Shoulders pattern RSI- 59 Buy at CMP- 103.8 SL- 97 Target- 110, 117, 127 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.