Greetings Folks,
today I have prepared a setup of NSE:IDEA on NSE
the analysis is as follows-
- the price was on a great bullish run
- right now, the indices as well as the stocks has fallen more than anticipated
- the circle marked has the highest probability of being a support now
- no market falls continuously, if this is a start of bearish run, we may see a...
The stock has broken out on the weekly chart but for the breakout to be confirmed it has to break this weeks high that is of 14.35 then only one should plan a trade here, if it breaks the high one can look to buy there or one can wait for it to retrace to the levels of 12.5-13.5 then plan an entry with a sl below 10.5 on a weekly closing basis for targets of...
Alert! Bearish Pattern Spotted! 🐻
📊 Pattern: Broadening Pattern
📌 Symbol/Asset: IDEA
🔍 Description: Stock is making Broadening pattern and we can see resistance around 20-22 levels.
In history stock has corrected 50% from the rise so will this time we will see correction of 50% or more ??
23 is crucial resistance level and if stock not able to breakout...
Stock is giving weekly close above a major resistance level i.e. 14
then generally it test the next resistance level i.1.15.40
second resistance is 17.00
Still idea under channel, it broken the channel today in upside but it is not sustained will wait for the weekly closing. I am still bullish on idea
Target open only
Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking...
Small hurdel at 17.06, if this broken with good price action in coming week, the stock can come into uptrend, MACD positive and RSI bullish, 20 and 50 days moving avg crossover positive and on monthly chart stock is standing at near centre line of MACD which is likely to cross, so with 14 stoploss, one can look for 20 and 25 numbers .......
NSE:IDEA
1M CHART
CMP 14 ruppes
DOUBLE BOTTOM
VOLUME LOOKING GOOD
13-16 MAJOR RESISTANCE ZONE
Above upside 23-30 to 44 shorter term can expect
LONG TERM TARGET can 62 to 114
TECHNICALLY BASE
CHART LOOKING VERY INTRESTING
Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Flag & Pole
📌 Symbol/Asset: IDEA
🔍 Description: Stock has continuosly making patterns. And all are bullish patterns
Stock has just given breakout of Flag & Pole and now it has retested the same levels.
We can see huge momentum if 13.50 levels is not broken.
👉 Disclosure: We are not SEBI registered analysts,...
