Hi there, investor cum trader. This opp is made on the buy side only when it comes to retesting the previous support zone for a safe trader else an aggressive trader can take an entry now with an RR of 2.8. Safe Investor: Buy @ 385 Sell @ 466 SL @ 367 Aggressive Investor: Buy @ 401 Sell @ 466 SL @ 367 Make a wise decision and get going. Will be back tomorrow...
As there's a good chance of lockdown in India and hence people are willing to buy home more and more. According to a survey 85% of people are willing to buy a house now than ever and hence a good portion will come as revenue for the Home Loan industry where LIC enjoys 20% market share. Safe traders can wait for the channel pattern to break and aggressive can take...
Tata Power has given a good retest from the key support zone along with the uptrend levels. The risk: reward is greater than 2.5 in case of a push move. Keep accumulating !! Aggressive and Safe traders can take an entry for the next 1 month at least. "Let me know in the comments section if you have any doubts."
Please follow the info marked in the chart...
Hi, don't forget to like in case you like the analysis. Analysis basis : 1. On a daily time frame we have seen a good multizone breakout, hence buy bias. 2. We came down to 4H time frame to check for accumulation zone and confirm with a double pattern breakout. Suggestion : Aggresive entry (25%) now + Safe entry (75%) after zone break I have personally invested...
The price can burst on either side and you can expect a good move. The overall trend is negative but that has been because of lockdown, so a positive breakout is expected with a good 30% move. Regards, Abhishek Singh
Please see the chart for all the marked levels, aggressive traders can enter now and laid-back traders can wait.
1.Started with a Daily Time Frame, the zone is multi level support zone which has been tested for more than 5 times. 2.Next we came to 4H time frame and saw the stock is in a down trend and hence looking only for a sell trade. 3.Later we came to Hourly , 30Min chart which gave us the important key levels for support and retests. 4.On 15 Min chart we saw the...
Hi there, thank you so much for stopping by this analysis. How did we get the zones and the levels? 1. We started with the daily time frame to check the trend. Bullish ! 2. We came down to 4H time frame to mark the important levels or key zones. 3. We came down to 2H chart from were we can see a bullish red hammer pattern with a long down wick. 4. We came down to...
This post is an update to the previous entry setup posted a while back, the price is behaving as expected and is a good time to deploy the other 50% capital to average out the previous position if taken. Else wait for the wedge pattern to break and retest and take full 100% entry with one lot. ------- Titan fundamentals also look strong as they are opening...
I have already posted this tarde back on 13th Feb when the share was stuck in a triangle pattern and was in a bullish move. I have added one lot then and now it is making HH's and HL's which means uptrend is confirmed . So adding one more lot and reducing the risk as well. ------- Adding the old chart posted on 13th Feb , please check : ------- Holding two...
Aggressive traders can take an entry here considering all the checklist factors. I am long here personally! Risky trade be carefull.
Hi , thanks for stopping by at the analysis. We started off with the Weekly time frame where we marked the important key support and resistance levels, as we all know that SBI has broken its all-time high recently. But there's a pattern which we can see previously as well after drawing the counter trendlines. Also on RSI the mark is above 80 now which means...
1. We started with a Daily Time Frame to check the trend ! Upside. 2. We switched to 4H time frame to find a channel pattern forming. 3. We switched down to 2H and 1H time frame to plot the support and resistance zones. 4. On hourly time frame we also got confirmation on RSI chart which shows an oversold zone. 5. We found that the current zone is the retest on...
1. We started with Daily chart to find the bias (buy/sell) & we found it is an uptrend move with price at trendline. 2. We changed to 4H and 2H chart frame to check any king of buyer's entry or green candle forming. (Able to spot 2 green candles) 3. We changed back to Hourly and later 30 Min chart to mark the key zones in short-term basis. ------- The company is...
1. We started with the Daily chart and saw stock to be near the upper resistance levels. Overall trend being positive ! 2. We came down to 4H and 1H chart to mark all the important key levels and support zones. 3. We came down to 30Min and 15Min to find the channel pattern. 4. On a 5 min chart the price has already retested it's key support level and is good for a...
Hi! One should always trade what they see and not what they feel. After looking at the news where Tata has bought a good stake in Bigbasket (I am bullish for long term) but looking at the charts they tell me to short as it fits my checklist. I might be wrong or right but what matters the most is how much you are willing to loose... Happy investing.
The basis for the analysis is as follows : 1. Uptrend move and support 2. Rising volume breakout + 50% green body above resistance 3. Retesting done 4. Entry trigger after consolidation break level Please hit like if you like the analysis !! Thanks and happy investing.