Expected move in SHIBA as it took nice support exact at the 1st ATH and bouncing back.. Nearest Upper Important level to watch Which will act as Resistance is 0.06000, 0.07500 & ATH 0.08800 According To Fibonacci Retracement level Expected Nearest New Target will be 0.012000 to 0.017000
Recently many ace investors including Rakesh Jhunganwala said they are bullish on PSU Bank, so there might be a good performance by PSU Banks in coming months. Central Bank is a PSU Bank which is in formation of Round Bottom. I do guess the news around its sector may provide a positive sentiment to this scrip. There were huge Volumes added recently, so if the...
This scrip had corrected almost 20% from its recent high and the volumes too are drying up. Investors/ traders should see this as a opportunity as it is a fundamentally sound scrip. It looks like it's bouncing back from the 50MA in daily TF and 21MA in weekly TF, so there were multiple supports at the CMP. Traders may consider entering the scrip if there's a...
Good upside breakout seen with huge volume. 71.8 - 72 a good price to buy with a stop loss below 65 Target near 86 - 87.5 levels.
Go Long above 195.9 for Targets of 243.4 and above with SL 148.4 Reasons to go Long : 1. The stock formed a bullish chart pattern (Inverted Head & Shoulder) and gave breakout with high volume. Once Target 1 is achieved trail SL to buy price and ride for higher targets.
Go Long above 10.6 for Targets of 12.15, and 13.7 with SL 9.05 Reason to go Long : 1. The stock formed a bullish chart pattern, Cup & Handle, and it gave breakout with high volume.
Bittorrent token saw highest ever volume. and it launched its new chain. It looks very good on chart and i am very bullish about it.
Out of 6, 5 gap already filled by the NIFTY in past 8 session and probably 6 gap will be also fill is today or in next trading session. Idea : Level of 17560 will act as crucial support with 50 moving average level and gap fill trade. Advice : Long trade at reversal candle at 17560 and if key support violated - BEARISH :-( Disclaimer : Trade cautiously, avoid...
While trading a breakout make sure you follow this strategy:- 1) Spot a bullish/bearish pattern (LONG/SHORT) 2) Look for a solid BREAKOUT by a green bullish candle (for if you're going long) and red bearish candle (if short) accompanied by a rise/fall in volume and bullish/bearish RSI (preferably above 60 for long & below 40 for short) 3) RETEST - A candle that...
1. Pennant Breakout with Huge Volume 2. Expected 30% return 3. Buy while retesting 4. Stop lose at 1980 on 4 hr Candle close
#Bankbaroda Long (11 Oct) stock has faced resistant at 88 level. But now short term trend and volumes are strong. Buy at CMP- 88 SL- 82 Target- 100, 109 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
shiba inu comeback, yeah let's go man. one more flag pattern.
Federal Bank Cmp 104 dated 22.10.2021 1. Ascending Triangle BO @ 98. 2. Volume rise Buy for a tgt of 165 SL 85 It is just a view, pls trade at your own risk.
IFB Inds Cmp 1297 dated 22.10.2021 Weekly Chart: 1. Flag Pattern Bo @ 1250. 2. Increase in volume Buy for a tgt of 1640-1700+ SL 1140 It is just a view, pls trade at your own risk.
Wait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the...
Wait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the...
federal bank : cmp 89.85 key technical highlights : 1. multiyear trendline breakout formation . 2. consistant volume accumulation for multiple months . 3. good volume pick up at price breakout level . trade set up : 1. buy above 90.20 2. keep stop loss as 82 3. targets : 108/124+
adaniports : 671.90 trade setup : 1. buy up to 660 2. keep stop loss as 632 on closing basis 3. targets : 737 /756/797/816++ technical buy based on : 1. demand and support zone 2. trend line support 3. increasing volume near support 4. double bottom