Amatuer_Sanjay

Amatuer_Sanjay

Reasons to Buy Near Multiple support Lines (drawn on chart) So Buy The Dema, MACD and RSI indicators all support buy. Formation of Morning star near support line. So Definite buy

Amatuer_Sanjay

The resistance and support levels are drawn on chart. Price is near support level and tested So A definite buy. Trade at your own risk.

Amatuer_Sanjay

Price is near Support level and so buy this stock and sell near resistance. The levels are marked in the chart.

Amatuer_Sanjay

You can see the chart. Support and resistance lines are drawn Buy: @CMP SL: 175 Target: 200+

Amatuer_Sanjay Updated 

Observe the Resistance and support lines formed drawn on line. Closer to resistance line so most probably goes downm. Wait till support likne is reached and if i9t bounces back then take the trade and book at resistance.

Amatuer_Sanjay Updated 

Resistance and support lines drawn. Resistance line is crossed. Waiting for retest of resistance line to be converted to support line and then you can buy so keep watch

Amatuer_Sanjay Updated 

The resistance line and support lines are clearly drawn and they are well respected. Stock is In slight Uptrend. Price is near Support Level after retested. So Buy now at CMP. Sell at Resistance Line (You decide the price) Stop loss is below the Support Level (Check chart and put your own SL price)

Amatuer_Sanjay

Buy @CMP Target1: 487RS Target2: 514Rs SL: 457Rs Near Support level and retest done. So can buy safely.

Amatuer_Sanjay

Check if the resistance breakout becomes the support line by waiting for retest. if retest is successful then this stock will rise till the new resistance line (RED colour) So Now just its waiting game to check if retest happens. Its also possible that stock might directly move to new resistance line. Note that the volume is good. So if you wanna take lil risk...

Amatuer_Sanjay

self explanatory. Resistance and support lines are drawn and its near support line so defininte buy.

Amatuer_Sanjay

Wait till support is reached and then buy and wait till resistance is reached again and sell then

Amatuer_Sanjay

As you can see on the chart, the price is near 2 resistance lines. Sop the price is gonna drop. So wait and keep monitoring this stock price to reach resistance level (Green Line) and then Buy. Hold it till it reaches resistance again and then sell off and book profits. This is just for swing trade and not for investment.

Amatuer_Sanjay

Morning star is formed but near resistance line. So trade will most probably come down. If stock crosses the resistance line then wait till retest and then buy. Else if stock comes down then wait till it comes to support line and then buy there and sell at resistance. Good for swing trade

Amatuer_Sanjay

Reasons to Buy: Morning start pattern has formed and if you check in history of this stock, whenever the morning star pattern is formed, the stock has always gave bullish candle the next day. Resistance dictates the first target to be 1.65 Rs. Buy at 1.55 Rs. Stop loss at 1.45 Rs. I understand that Risk to reward ration is not good but still the risk is very unlikely.

Amatuer_Sanjay

Blue support line now turned into Resistance line Swing Trade possible. Currently Price is near Support line. Also seems like Morning star pattern will form. Buy tomorrow @mkt price say 243Rs Stop Loss: 230Rs Target: 261Rs

Amatuer_Sanjay

See that in long term the stock is in Downward trend and short term its in upward trend. A w shape formed at end and trend reversal is a possibility. Still since thr price action is at the resistance line, its advisable to sell the stocks tomorrow and then keep a watch. when support line is reached buy again. For now do swing trade here and once the downward...

Amatuer_Sanjay

Even though people say to buy this stock to see short range, don't fall for trap. The stock is in a big downtrend movement and the rise u see is just a correction. Since the Market is bit bullish,the correction is seem to stretch. But this price will fall again soon. so don't buy this stock as per technical analysis

Amatuer_Sanjay

Note below points: 1) The long downward trend is broken and up trend seems to have started. Morning star pattern is marked indicating rise is stock price. So definite buy. MACD and RSI also indicate buy.