Technical summary - 1. Stock was in a long term downtrend from 2017 highs of 320 2. Higher high and higher lows formation that indicates trend reversal 3. Rounding bottom pattern was clearly visible in weekly chart followed by a breakout with big volumes 4. Last time when similar volumes were seen then stock made a big rally from 100 to 320 in a very short...
#navkarcorp #weeklychart - Psychological and technical level of 50 was broken in the past week with huge VOL surge with 40% delivery - Close above 50/100 EMA (check thread), 1st headwind seems to be 200ema
CMP- 43 SL- 29.50 Target - 90, 150 19/5/21 - Ascending triangle in downtrend - acting as REVERSAL PATTERN - Look at the VOL popping in - EMA's positive crossover happening - lower trendline is being respected - Script has started making upmoves - Buy on dips is suggested if price comes around trendline - Conservative buy above 50 after breakout
buying idea in bharti airtel Bharti airtel break the triangle pattern on daily chart up side with good volumes.
There are huge chances of upper breakout. If breaks triangle in coming 2-3 days upside then enter with 30% quantity. Wait for retest, then average it using remaining 70%. Entry --> 129.80-130.50 SL --> 2₹ If breaks swing low with 15 min strong candle then short for tgt of 100,90 with same SL NOTES : if does not cross 129.80, don't enter. Continuously check...
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis) BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times. Try to buy between 3:15 - 3:30PM, later the better. SELL GUIDANCE: Selling in...
The stock had been making a base for 4 years out of five. It is only during the last year that the volume activity picked up. It made another two bases in the last 6mths. and finally we see a decisive breakout on a massive volume bar. Results of IT sector have started coming in, indicating positive outlook in the sector. SL: Depending on your risk appetite:...
My nazar sees 2 possible scenarios for the stock (there may be endless), if it turns out to be any one from above, you can calculate 598 points from your entry price for projected target.
On above chart we can see ultra high volume candle which is 1st sign of stopping downtrend. After that we can see breakdown with lower volume than ultra high volume candle suggest support is very close.. On weekly chart support zone is marked on chart.. Entry - 5625 SL - 4995 Target - 7500 Risk/Reward - 1:3 Like and follow to get more new ideas.. Above...
CMP- 311 SL- 278 (closing basis) Target - 430-450 16/7/21 - Recent fall gave good entry in the stock - 280-300 is good support zone which is formed with committed VOL - Any drop of price to lower trendline is very good buying opportunity (unless things don't change fundamentally) - Stock is taking support from 100EMA in D and 20EMA in W. - Latest VOL surge was...
Stock has been on uptrend in short term. Today it has given ATH BO with volumes. Buy above today's high for 5-10 points. P.S. Ignore if opens big gap up
Go Long above 1349.1 for Targets of 1407.4, 1465.95, 1524.5, and 1583.05 with SL 1290.55 Reasons to go Long : 1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.618 Fibonacci level. 2. Also there was a Trendline that was providing resistance to...
ARVIND LTD , gave a multi-year breakout today at the last 15 candle before markets closed. Daily/Weekly TF creating a Rounding bottom pattern suggesting a strong bullish trend ahead. Enter as per discretion or entry patterns || Look for a small retracement to enter. Chart Pattern: Rounding Bottom TF: Daily/ Weekly Hold for Mid-term to Long-term gains
Sandhar technologies formed inverted Head and shoulders pattern in a weekly time frame. I believe all time high can be acheived till next year. Keep following for more updates.
CMP-1046 SL-910 Target - 1230, 1500 (SL for more risk takers will be 825 . After that only will the structure go downtrend.) The pattern also looks ike IH&S to some point
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis) BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times. Try to buy between 3:15 - 3:30PM, later the better. SELL GUIDANCE: Selling in...
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis) BUY GUIDANCE: Never ever buy before 3PM. I have been burnt many many times. Try to buy between 3:15 - 3:30PM, later the better. SELL GUIDANCE: Selling in...