IMStockwala

IMStockwala

A well explained chart, with Target SL and Reason behind it. It is in impulsive wave and targets are based on fibonacci levels. Proper Stop loss of 8% for Risk Management. Entry Criteria above today's closing or in Demand Zone. Timeline 1-3 Months

IMStockwala Updated 

IPCA is weak with volume. On critical price junction. We will wait for breakout for intraday shorts. Trade Signal is 1503.4. Stock has taken support at this exact level multiple time. Once break 1500 stock is weak and short trade get confirmation. We can keep target 1585-80 Once stock goes to 1590 we move our SL to 1501. All levels are mentioned in stock.

IMStockwala Updated 

Exide is weak in hourly timeframe As Explained in chart once price get rejected from supply zone or Break swing low. We will look for 440 as target. Explained in chart as well with levels.

IMStockwala Updated 

Trade setup of either of case happens 1. Price closes above 7140 15min then we enter with 7080 SL and target 7200+ with RR of 1:1 2. Price goes to down first and take support or show rejection at lower levels around 7020-40 We enter with wither day low SL or 6980-6940 as per Risk apetite for 7000-7200 RR > 2

IMStockwala Updated 

Nifty has shown a resistance near 50% retracement of all time and swing low 24770. Looks like wave B has completed. we will observe the Price tomorrow near 24500 or below Yesterday low. Shorts can be initiated on weakness with Protective SL of 24772 and Target of 24150-24060- 23970 in 1-2 Days. We can see 24k on this expiry.

IMStockwala Updated 

Bank nifty broke 51750 intraday today. Bearish setup with lower Highs as shown in chart. It will be short setup either below 51750 or near 51850 with SL of 51950 for target of 51500 and below in 1-2 sessions. Disclaimer : This is for entertainment / Educational purpose. Not a buy sell recommendation.

IMStockwala Updated 

Nifty now in wave C as shown in chart. Right now wave 3 of c which should go min 24447 then with some halt final move towards 24551 min as of now. Expecting some pullback and halt near 24500 before giving next move direction. Final destination is 24900-25000 for this move.

IMStockwala Updated 

Marico chances of moving 5% in coming days. Back to back green candle Increasing volume Strong RSI Sustain Above 650 might give 3-5% returns in 2-3 days. Disclaimer: This post is for educational purpose. No trade/ buy/ sell signal is suggested or advised. Do your own analysis before buying or selling any stock/options.

IMStockwala

Nifty 50 as we expected rotated between 24000-24500. Today it went to 24000. Case 1: abc of B in progress and b completed near demand zone. As shown in red. Now reversal of c can come. Reversal candles with RSI signals can confirm. Case 2: abc of B completed already at a and Now C in progress. As shown in blue lines B to C. Below 23900 can confirm further...

IMStockwala Updated 

Two option : Long on yesterday high break or Long on retracement to 13ema. Both Target SL given.

IMStockwala Updated 

Nifty seems to be in corrective wave abc of B. Price action making a complex structure. Price might oscillate between 24500-24000 supply and demand zone as shown in chart. Directional move possible only above or below zones shown. More price action can confirm the move. For intraday setup, shown a 15 min chart image.

IMStockwala Updated 

BEL has given good momentum and retracement. Can be long as given in chart with SL either previous day low or 13 ema as per risk apetite. Disclaimer: Only for entertainment purposes, not an investment advice.

IMStockwala Updated 

Coforge looks bullish above previous day high for atleast 1% target with SL given in chart. After 1% can be trailed using 13 ema as stop loss on 5 min time frame. Disclaimer: Only for entertainment purposes, not an investment advice.

IMStockwala

HAL is in bullish setup Higher High Higher Low Leading Diagonal Formation Alert: MACD divergence Previous day high can be a good entry for 4534-50-84 SL 4435 Disclaimer: Not Buy/Sell recommendation or advice. Just for educational/entertainment purpose. For any market related decisions contact your financials advisor.

IMStockwala Updated 

Long as per setup given can be a ideal trade. Disclaimer: Not a buy / Sell Recommendation. For educational/ entertainment Purpose.

IMStockwala

Bank-nifty seems to be complex corrective mode. These are difficult price action to trade and are better to avoid. Anyway, as shown in chart. It seems weak and become more weaker on Tuesday low break. We will observe Price action near the target and be aware of potential reversal signs. Disclaimer: For entertainment and educational purposes. Not a buy/sell...

IMStockwala

The Three White Soldiers candlestick pattern is commonly used in technical analysis. The pattern identifies potential bullish reversals in a downtrend or a period of consolidation. Traders often use the pattern and other technical analysis tools, such as support and resistance levels, trend lines, and volume indicators, to confirm the trend’s strength and...

IMStockwala Updated 

Bullish setup with HH HL and trading above all EMA 13-48 on 5 and 15 min timeframe. Long on Yesterday high with SL today day low for 1% gains min as target 1 and then trailing with 13 ema. Only Long above yesterday high break of 5 min. If today low break first trade invalid. Disclaimer: Only for entertainment purposes, not an investment advice.