What a beautiful setup! waiting for BO and volume build up..DYOR before you take the trade..I will update this thread once I take the trade
#WABAG trading above Resistance of 972 Next Resistance is at 1527 Support is at 629 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational...
22430 is a good resistance formed on 15Apr24 after a good gap down. Price tried to move up beyond this level today and failed. There had been multiple attempts to break this level today, but failed. If price doesnt gap up above 22430 and there is a good rejection at this level, we can plan to short entry with 22095 as T. Note: All Ideas shared by me are...
After completing zig-zag correction, BAJAJHLDNG seems to resuming it's up move. The SL would be a close below 7739. I'll update you guys on where to book the profit. For a more conservative entry, wait for a close above previous day's high
1.Moving averages - 21 Ema above 50 -50 Ema above 200 -Gap between Ema seems better 2.uptrend continues observed 3.Good pivot levels 4 .EMA reversal
Overall Nifty has given a strong pullback from the lows of 21800. it has been moving up through gap ups which are not getting sustained at all. Only good part is tht i has negate the head and shoulder pattern in making in the last week. Need a close above 22525 which will open doors for 22850 within this week itself. if Nifty closes below 22330 level then...
#BLUESTARCO trading above Resistance of 1445 Next Resistance is at 1782 Support is at 1165 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and...
Bajaj Finserv seems to be in leg C of the flat correction. Although, the minimum destination of 61.8% have been completed, the down move is likely to continue It is suggested to avoid taking any longs in this stock. I'll update you guys once I see signs of the correction ending
Hudco is showing great strength. We can expect price movement to 350+. Other factors: 1. RSI is positive 2. MACD is becoming green 3. Super spike in Volume 4. Channel breakout down closed "Clean Charts, Easy Charts" Learning & Earning!!! Cheers!!!
#TDPOWERSYS trading above Resistance of 309 Next Resistance is at 390 Support is at 228 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational...
Volume buildup is done, BO is done, Retracement is done..220 loading :) . If I take position, I will update this thread. I do not recommend others to take trade on my ideas. DYOR
#ABCAPITAL trading above Resistance of 208.10 Next Resistance is at 255 Support is at 171.80 Here is previous chart: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose...
NSE:NTPC gains traction over a past few months. Company tends to improve the energy generation process and also exploring clean energy generation. For long term, NTPC holds value and growth potential - Energy demand for future will rise by considering consequent heat wave across India due to global warming effect. Also expansion of Industries, extra luxury...
Housing And Urban Development Corp Ltd ( HUDCO ) is one of the Navratna from government companies ready for big rally. Housing And Urban Development Corporation Limited is a techno-financing company. The Company is engaged in housing and infrastructure project finance (including Retail Lending) and provides consultancy services. We do see a clearly volume spike in...
Castrol India has given breakout of cup and handle pattern on weekly time frame. We need one more confirmation (pls refer my other charts to refer when we can state a confirmed confirmation). We can expect the price to move to 215+. Other factors: 1. Volume candle: pls see last weekly candle, big buy has happened 2. RSI on weekly basis is above 60; bullishness 3....
Motherson has made a cup and handle breakout and a flag and pole pattern. We have a breakout and we can expect price to move to 145. The beauty is if you see the target price - whether by way of cup and handle breakout or flag & pole pattern - we have same target. Other factors: 1. RSI is above 60 2. MACD is positive 3. Volume is increasing, see breakout volume...
Ageis Logistic is forming 2 formations - cup and hand & head and shoulder on weekly basis. Short Target of 450 and we can expect a long term target of 600+. Other factors: 1. RSI is improving, sustainable above 60 will make it bullish 2. MACD is positive 3. Volumes is increasing 4. Highest ever TTM Net profit "Clean Charts, Easy Charts" Learning & Earning!! Cheers!!!