Heemanshusaini

Heemanshusaini

Long trade forming on ASHOK Leyland with an upside of atleast 10% with a time frame of less than 3 months. If breaches highs then upside gains can be extended to 20%. Entery after 237.5 on closing basis.

Heemanshusaini

Took good support in the falling channel with good volume. Can be picked for a swing of 20% upside. Cup & handle formation on 15 min chart as well with breakout. Time frame 3-4 months.

Heemanshusaini

A postive divergence on RSI Testing last major swing which is also the neckline of the head and shoulder pattern and the lower lowers and lower highs pattern of the index. Successful break of the resistance with good volumes can lead to NIFTY going again to all time high zone. I can see index spending some time around resistance before breakout. Stay cautious....

Heemanshusaini

With MSCI rebalancing and strock retest of all time high 1836 plus bank nifty looking strong. Breakouts probabilities are very high and the stock can be picked for a swing trade of at least 5% with extended targets reaching 2000 (10%) with a time frame of 3 months.

Heemanshusaini

Confluences= 38% Fibonacci retracement of impulse point + 21 EMA resistance + Successful retest of support zone which is now resistance + Negative RSI divergence

Heemanshusaini

Breakdown of Rising wedge pattern. Slight negative divergence in RSI.

Heemanshusaini

A short position can be created in ITC. Took retest of the support line which is now acting as a resistance.

Heemanshusaini

above 1550 a long can be created in colpal. +ve RSI divergence

Heemanshusaini

Nearing support, if holds it then we can look at some reversals and create longs. buy 1 lot near support zone. If trade moves in your direction add more lots. Don't buy all at a singe go

Heemanshusaini Updated 

If crosses retracement level, then go long otherwise short

Heemanshusaini Updated 

if it holds retracement level, then go long otherwise short.

Heemanshusaini Updated 

if it holds retracement level, then go long otherwise short.

Heemanshusaini Updated 

M pattern break down + previous swing support breakdown. also, stock is trading below its 9 and 21 EMA. Targets on chart

Heemanshusaini Updated 

Broke long time resistance. Good upside move in struggling index. Above 9, 21, 50, 200 EMA. wait for retest and enter.

Heemanshusaini Updated 

Inverted cup and handle pattern on daily charts. good opportunity to short tata consumer.

Heemanshusaini Updated 

Wait for retracement near 840-846. Create long near retracement or if opens above previous day high create long. Positional target- above 940+ near new highs

Heemanshusaini

UPL is trading in a descending triangle formation with a positive RSI divergence. possibility of a breakout is high as the index is also at major support zones, if it holds it then we can see some positivity in stocks.

Heemanshusaini

A short can be created in voltas. RSI divergence and negative index outlook.