Big range candle formed earlier and that low of the range candle now has high chance to provide support and base to bounce from it
SL compulsory
volume upstick is missing and it may appear in future candles
CNX200 stock
According to chart analysis this stocks trade in its support zone @132 level. Now in coming days our point of views this stocks have to going up side because very much correction has made up now time to bullish this stock because very good potential to go up side.
BUY @132 or above with increasing volume for target 150-165+++
Few reasons to focus on this stock:
It has recently touched and took support at the 0.618 Retracement level of entire 0-3 Wave.
It is at monthly trendline support.This is a very strong support
It is backed by Dis-investment theory.
Any strong reversal can make this stock fly
Previously I have done mistake by taking buy decision at an intermediate support. I have...
I will buy GICRE because :
It has been taking support at the trend line .
It has touched the support and has not been able to break it.
So will be looking at buying opportunities.
If it breaks the support look at shorting.
Entry : 141/146
Target : 220/240
Stop loss : 125
Dip Levels:
Dip1 :130-135
Dip2 : 120
Targets:
T1: 165 Short Term
T2: 185 Short Term
T3: 211 Mid Term
Bullish above 240
Note : This is for educational purpose only
BUY 147-143.50 TARGET 157 SL143 -DKM SIR
volume supported something is cooking in this stock
price experience of mine .. buy and hold foas per your risk
Stock has been caught in scanner which looks for stock which are in downtrend from last 24 months and suddenly pulling lot of buying interest. Then buying levels are auto generated basis previous price action. These stocks can be added to watchlist on monthly basis and entry can be made if price revisit highlighted price levels.
#GICRE(W) just made an HL with Volume Breakout in the Breakout Retest Zone:)
1) HL in the Retest Zone of the Breakout
2) Breakthrough in volume
#Disclaimer:- View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions.
#Stocktowatch
General Insurance was in a downtrend from the beginning now the price is attempting to brack its long term trendline resistance
Technically, it is making a bullish breakout from the technical pattern of a flag which indicates that bullish momentum can be expected towards 320 levels.
RSI has been in complete sync with the price index which confirms the...
