Indieconomic

Indieconomic

The price corrected by 30% and at crucial support of Rs.365. It will be a good long trade if downtrend reversed from crucial level, as mentioned level duly support by technical parameter (refer chart). Key Points : RSI divergence, Volume decreasing during sell off, Support & Resistance, Fibonacci and Moverging Average. Entry Rs 360 , Stop Loss Rs 330 and...

Indieconomic

The stock corrected 40% from top and good opportunity for long trade. Entry, Stop Loss and Target marked in charts. Thanks

Indieconomic Updated 

The stock in continuously upward trend and price reversals from support level & moving average. Entry level will be Rs 352 and target & stop loss as per price action or pivot points. Thanks

Indieconomic

The stock is combination of both PSU & Reality/Infra with very favourable risk and reward of 1:4. The price was range bound and consolidating from past 6 month in FLAG & POLE pattern. If price action supported by volume, it will be great opportunity for long term trade. Entry : Current Level ; Safe Entry = Above Rs 86 Target : Rs 99.80 Stop Loss : Rs 78 (or as...

Indieconomic Updated 

Positional View : - Upward Channel Pattern - Moving Average Support - Volume Surge - One month of good consolidated & Breakout Entry - Current Level. Target - Rs 450 , Rs 550 and Rs 640 (ATH) Stop Loss - Rs 370 Thanks

Indieconomic Updated 

The chart is simple and self explanatory. * 4 years of breakout - retest and bullish candle !! Cheers !!

Indieconomic

The stock taken a support from Retest level and Fib Level

Indieconomic

The stock corrected 20% from ATH and price at key level (weekly time frame): - EMA 50 : in past stock has reversed multiple time FROM MOVERAGE AVERAGE and currently at same level. - Fib .0618 : will be key level, if support break then expect a 10-15% further correction. - Trendline Support : Upward trending stock, in past we have seen the reversal from base...

Indieconomic

Simple set up of support & resistance and price consolidating in triangle pattern with moving average support. Long Trade : Entry Rs 693, Stop Loss Rs 673, Target1 Rs767 and if price breakout triangle resistance Target 2 will be Rs 1000. Short Trade : Entry Rs 660, Stop Loss Rs 687, Target1 Rs 580. Disclaimer : Consult financial advisor and trade with strict stop loss

Indieconomic

The chart in self explanatory and analysed on basis of : - Symmetrical Triangle - Breakout and Retest Level - Fib Retrenchment Level - Support and Resistance The ideas of both long and short trade given in chart with entry, exit and stop level. Disclaimer : Trade cautiously and consult your financial advisor.

Indieconomic

Out of 6, 5 gap already filled by the NIFTY in past 8 session and probably 6 gap will be also fill is today or in next trading session. Idea : Level of 17560 will act as crucial support with 50 moving average level and gap fill trade. Advice : Long trade at reversal candle at 17560 and if key support violated - BEARISH :-( Disclaimer : Trade cautiously, avoid...

Indieconomic

The analysis base on Elliott Wave Theory in weekly and daily time frame. Elliott wave has three parts : a) Impulse wave (Point 0-1, 2-3, 4-5), which net travels in the same direction (higher high) as the larger trend, always shows five waves in its pattern. b) Corrective wave (Point 1-2, 3-4), on the other hand, net travels in the opposite direction (higher...

Indieconomic

The chart is self explanatory - Entry, Stop Loss and Target mentioned in chart. - Breakout level acting as support - Fib Level ; crucial level If key support respected by stock, start accumulate in small quantity.

Indieconomic Updated 

Double opportunity in Graphite India. Long Trade - If taken a support at Trendline (Fib Level .618) : Entry at reversal candle Rs 585, Stop Loss Rs 565 & Target Rs 705 Short Trade - If break the support Trendline (Fib Level .618) : Entry Rs 559 , Stop Loss Rs Rs 605 & Target Rs 450

Indieconomic

Point to understand: The price continuously moving in upward channel pattern and taking a key support at moving average . Within a broader channel, multiple mini parallel channel were formed and moving the price to higher high. The delivery percentage of stock is quite high in past few weeks. Entry will be at broader channel breakout Disclaimer: Consult...

Indieconomic

Key Point : - Pole and FLAG - Moving average crossover - Support and Resistance - Favourable R:R

Indieconomic Updated 

Great opportunity in Adani Ports with favourable risk reward of 5:1 In past 2 month, the stock has seen a sharp sell off due to multiple factor. On analysis the chart, you will observe that after 30% fall - Adani Ports as has taken a solid support at fib .681 and EMA 50 acting as resistance. Currently stock is consolidating in "symmetrical triangle" with...

Indieconomic

The price at crucial support level, breakdown will generate great opportunity to trade short.