There is a good chance in Tata Chemical as the market is booming towards electric vehicle , and Tat motors is the top in the race for making of electric vehicle. To make battery Tata Chemical is the no one producer in India. Hence there is a great chance for Tat chemical to go up. As per the Trend Based Fib Retracement it is now at 0.5 % level and also it crossed...
On 24 Dec2020, Price broke the flag pattern at 2446 and reached the first target of 2616, now If we buy at price of 2777 then the target will be 3165 and need to keep the Stop Loss of 2393 based on 1:1 risk reward ratio.
N.B discuss your financial advisor before you take trade or invest
USD/INR Target is 73.718 as it got the neck line range of 0.255 points of movement, hence after price broke the resistance it will move unto 73.718 within few days. Its a 15 minutes chart.
N.B. Do Trade Or Invest before consulting your financial advisor.
Sun Tv Breaks the 508 level , if it will substance above 510, then it will move upto 597. as it clearly creates and crossed the neck line Cup n Handel pattern. the neck line point od this pattern is 90 points, hence it will move unto 90 points once it crossed the neckline I,e,508.
N.B. consult with ur financial advisor before invest.
If It will break and close below the 197, then short for the target of 187 i.e. 13.65 points, else wait to cross the bullish flag pattern once it will cross the bullish resistance line then it will move unto 13.65 points.
N.B. consult your finance advisor before invest.
Currently HDFC Bank make the pattern of Bullish Flag and within flag there is a also a W pattern. hence , if HDFC Bank Crosses and stay above 1445 then the next target will be 1515. Means it will move the neck line points from the range break area.
n.b :- consult your financial advisor before taking trade or Investment.
There is a good chance to go for Long position in TCS as it made Cup n Handel Pattern. also in Fibo we found that handle bottom is created at 0.5 level. hence the target for TCS is 3090.
if we buy any point above at 2840 then put the target for 3090 and put the SL based on 1:1 ratio according to Long risk reward ratio.
i.e. if we will go long at 2920 then Target...
Buy Bharti Airtel for the target of 533 in near future, as it has below 3 points to be consider.
1. It crossed the long resistance line.
2. It made 'N' Pattern
3. It also cancelled the Head N Shoulder pettern formation.
N.B.- Before investment kindly consult with ur financial advisor.
This cup pattern will going to be a cup handle Pattern, which will be formed from 4875 to 3900 or 3000 as handle as set as the stop loss for 12 months investment. But the Target will be 3085 points from 4875 i.e. Target is 7960.
N.B.- kindly consult with your financial advisor before investing.
Nice Example of Range Break in Bank Nifty, below is my prediction for today.
BUY -Target 30150 if market sustain above 29800
SELL- Target1 29490 if market sustain below 29775
Target2 29008 if. market will slip below 29450
N.B:- check with your financial advisor before Trading or Investing. it is totally tutorial purpose.