V-MART : Swing OpportunityNSE:VMART is trading in a range after a huge volume breakout. The scrip is now at key support level taking multiple support at the previous resistance (S/R flip). The stock is also forming a descending triangle pattern. The volume is very less on consolidation. One can go long at CMP however this is a little risky bet as there is also one more support level at 3100 levels.
DISCLAIMER : This is not a call. The analysis shared is just for educational purpose. Please do your own analysis with proper risk management before taking your trade. Cheers! Happy Trading!
Widerangecandles
ANGEL BROKING : Excellent Risk Reward Swing Trading OpportunityNSE:ANGELBRKG has broken out of symmetrical triangle and resistance level with good amount of volume. The stock is currently at the retest level forming bullish pin bar right at this key support level. The stock can rally from the current price and looking good at CMP. Risk to Reward ratio is very good at this price.
DISCLAIMER : This is not a call. The analysis shared is just for educational purpose. Please do your own analysis with proper risk management before taking your trade. Cheers! Happy Trading!
BAJAJ FINANCE LTD - SHARP PULLBACKNSE:BAJFINANCE
OVERALL TREAND - STRONG BULLISH
ON 19TH NOV,AFTER WIDE RANGE OPENING BULLISH CANDLE,PRICE STRUGGLED TO MOVE HIGHER AND VOLUME ALSO ON DECLINING SIDE
AFTER WHICH SHARP DOWN MOVEMENT HAPPENED WITH WIDE RANGE BEARISH CANDLES ON HIGH VOLUME
TODAY WE CAN SEE EITHER,
>>>>>>>PRICE TEST RESISTANCE LEVELS 4652-4678 AND THEN MOVE DOWN TO SUPPORT LEVELS 4435-4411, CONSOLIDATING THERE FOR SOME TIME BEFORE MOVING HIGHER
(OR)
>>>>>>>PRICE CONSOLIDATE BETWEEN 4483-4590,AND THEN MOVE HIGHER