AMIT-RAJAN

AMIT-RAJAN Updated 

Finpipe was stucked in a very tight range from last few weeks and now gives a breakout on horizontal trendline strong resistance it is perfect example of simple price action so that is why I do not want to complicate it by using some other indicator. Cause of Long-: 1- Breakout on very strong horizontal trendline resistance.

AMIT-RAJAN Updated 

ICICI BANK this stock visible surely in uptrend although waiting for a breakout which will be a triangle pattern breakout on two hour timeframe chart could happen after when it able to break falling trendline resistance and close above on that in this condition target would be around 960 levels where it is facing up trendline resistance mentioned on chart.

AMIT-RAJAN Updated 

Here on the daily chart of Birlasoft we are getting an example of that when a specific price acted a Support earlier later on that specific price become resistance for example that 307 levels earlier was a good support for this stock later it become resistance so the theory (If the price falls below a support level , that level will become resistance. If the price...

AMIT-RAJAN

BPCL looks good come out from triangle and gives a breakout it takes a falling resistance many time from the upper line of that triangle which finally broken out and gives a close on above that line so we can expect that bullish momentum will continue in this stock looks good for positional players as the looking targets are big. Happy Investing and trading Guys...

AMIT-RAJAN Updated 

JK Tyre seems very bullish on monthly chart gives a breakout on horizontal resistance on monthly chart, What I identified when it broke pervious All time high of 163 it reached to 184 price it was almost 13% gains from previous All time high from Breakout now once again it break it's All time high again and gives a closing breakout on monthly chart so we can...

AMIT-RAJAN

Hello Mates good afternoon, So I choose open interest and volume theory for today's research because whenever we want to talk about trading the first thing comes into our mind is volume because it is the only thing which also followed the price and it is must be followed thing for price action and for breakout traders too. So like in equities there are Volumes...

AMIT-RAJAN Updated 

Power finance looking good on weekly chart breaking falling resistance trendline and gives us a very strong weekly close on above that resistance, it made a W pattern breakout too on weekly chart so we can expect a nice up moves in this stock. Always ask from your financial advisor before investing on any of idea.

AMIT-RAJAN Updated 

Muthoot Finance looking good on daily chart by breaking strong horizontal resistance after long consolidation and give a good close on above that resistance, And a gap down area standing there on daily chart so it could be fill by this breakout so that's why I am taking that gap down as a target.

AMIT-RAJAN Updated 

Asian paints looking consolidations in ascending channel pattern so we can execute a buy trade if it will break top of channel also can execute a sell trade if break bottom line of channel in both conditions closing is must there on 15 Minutes candle. Buy Target-: 3180 Sell target-: 3020 Both targets identified from previous Resistance and Supports standing...

AMIT-RAJAN Updated 

Reliance is looking good on weekly chart by breaking falling trendline resistance after long time and gives a positive crossover divergence on MACD indicator too so we can see coming bullishness in this fundamentally strong counter. Cause of long-: 1- Falling resistance trendline breakout. 2-MACD breakout.

AMIT-RAJAN Updated 

Nifty information looking good finally on daily chart by breaking a horizontal trendline resistance and looking bullish in setup for coming sessions MACD indicator divergence giving positive divergence signals too on daily chart, That is why I am looking fresh long opportunity in this oversold index stocks.. Cause of Long 1- Horizontal resistance trendline...

AMIT-RAJAN

TCS breakout (Triangle pattern) a falling trendline on daily timeframe chart and closed above successfully looking a potential upside of 7-8% from here in it.. “The goal of a successful trader is to make the best trades."

AMIT-RAJAN Updated 

Bhel is looking good on daily charts by breaking a downtrend line resistance in style and closed on above that resistance with good volume jump in it, earlier also it breaks a strong resistance which I shared that link also in this chart, so we can see coming more bullishness in this counter. Cause of Long-: 1- Down trendline trendline breakout 2- Volume Breakout

AMIT-RAJAN Updated 

just now Nifty spot traded very range bound in last session I find a parallel channel consolidation in it as immediate support and resistance intraday traders can execute support and resistance trades in it. Mentioned support and resistance as well as targets too. Note- Ask from your financial advisor before taking a trade position or investment.

AMIT-RAJAN Updated 

Bharti Airtel looks strong on weekly chart by breaking strong Horizontal trendline resistance which attempted by three hits on that earlier and breaking Bollinger upper band too and gives partial closing on above both on a very bearish and massive selling day yesterday but somehow it managed to do a close marginally on above mentioned parameters, one more thing...

AMIT-RAJAN

Benchmark index Bank nifty is looking some weakness is there although price take support on and somehow managed to closed above on up trendline but what I find some weakness indication are there on the basis of RSI indicator for example that price takes support but RSI indicates that the strength of the price to go ahead has decreased or it might be a cooling down...

AMIT-RAJAN Updated 

Indus Tower looking good on weekly chart gives a breakout on falling resistance trendline and gives a breakout on RSI indicator resistance too so we can see bullishness in coming sessions with good targets. CAUSE OF LONG-: 1- FALLING TRENDLINE BREAKOUT. 2- RSI INDICATOR BREAKOUT.

AMIT-RAJAN Updated 

Benchmark index Nifty is looking some weakness is there although price take support and somehow managed to closed above on rising trendline support but what I find some weakness indications are there on the basis of RSI and MACD indicator for example that price takes support but RSI indicates that the strength to go ahead of the price has decreased and the same...