Joassh

Joassh

NSE:NHPC is near a demand zone which has multiple touch points making it stronger. This can be traded either up or down. We can wait for confirmations from the price and then we can get into the trade Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of trades

Joassh Updated 

NSE:BPCL is 2/2 stock that I missed to post on Oct - 21.This stock has been trading near the trend line and has broken it and went downwards. As Nifty was also moving on the downside, this short position is traded and is still running towards take profit Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult...

Joassh

NSE:JIOFIN , In the previous post discussed the stock broke a demand zone with strong bearish candle, but is now forming a stong bullish candle.This could be possible liquidity grab. This is a risky entry but could be traded for a 1:1.5 R:R. We have discussed this more on our previous post. You can view the previous post by clicking the attachment below this...

Joassh

NSE:NTPC has broken a trend line which I have posted in previous post. The stock could be have been traded in two ways. Trade 1: Entering the market as soon as the stock broke the trend line. The stock has reached 1:1.5 and is running in profit. Trade 2: Waiting for another bearish candle or a retracement. The stock formed another bearish candle and If I have...

Joassh

As we discussed in the previous posts NSE:JIOFIN has broken down a strong demand zone. A trade can be taken here with good profits. We have discussed this more on our previous post. You can view the previous post by clicking the attachment below this post. Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult...

Joassh Updated 

NSE:GAIL has retraced from a demand zone and has gained liquidity and is coming down again. We could take entry with a R;R of 1:1.5. And the possibility of this trade winning is more as there are many confirmations associated with this one. Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your...

Joassh

As discussed in the previous post NSE:TATASTEEL was moving around a trend line which it has broke down now. The stock could be traded with strong confirmations only. We have discussed this more on our previous post. You can view the previous post by clicking the attachment below this post. Disclaimer:- This analysis is only for educational purpose. Please...

Joassh

NSE:TATAPOWER broke a trend line and is moving around a demand zone. The market need strength to break this demand zone hence waiting for the entry is good. If the market breaks the demand zone with a good candle or if a retracement occurs the entry could be taken. We have discussed this more on our previous post. You can view the previous post by clicking the...

Joassh

NSE:VEDL has broken down a trend line pattern with a good bearish candle. The trade could be taken with a good risk and reward. Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of trades

Joassh

We've spoke about NSE:PFC forming a triangular pattern in the previous post. Now the stock is moving up breaking the triangular pattern. But I would wait for a retracement or another strong bullish candle in order to enter this trade. We have discussed this more on our previous post. You can view the previous post by clicking the attachment below this...

Joassh

In the previous post, I've posted that NSE:POWERGRID is in a demand zone and will retrace. But the market hit stoploss in that trade. Now we can clearly see that NSE:POWERGRID has gained liquidity and moving up. Though a strong bullish candle can be seen. This is a risky entry. Hence be cautious and look for confirmations before entering the trade. We have...

Joassh

As discussed in the previous post, NSE:NTPC has broke down a trend line and is moving down. But i would wait for multiple confirmations (a retracement for example) in order to enter this stock. As the trendline is not too strong, waiting for a strong confirmation is good before entering the trade We have discussed this more on our previous post. You can view...

Joassh Updated 

As we discussed in the previous post, NSE:BEL is trading in parallel zone pattern and can break out at any moment.As nifty is also moving up from an support zone I hope the chart will move on the upside. With proper confirmations this trade could be taken with a good R:R. The link to the previous post is attached below.. Disclaimer:- This analysis is only...

Joassh Updated 

NSE:IOC is 1/2 stock which I missed to post on Oct -21. This stock has been trading near the support zone for last few weeks and has broken it and went down. This is a good R:R stock, as nifty also started descending this stock hit the take profit easily. Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult...

Joassh Updated 

NSE:TATASTEEL has formed a clear support line ( Trend Line) with multiple touch points, as the month TF didn't have any break of structure(BOS) on the sell side, the market is still considered to be in uptrend. Moving down to the 15m TF the market has a resistance with multiple touch points and if it breaks the resistance zone with a good volume a long position...

Joassh Updated 

As stated in the previous post, NSE:BEL is forming a parallel channel pattern which looks like will be broken on the upside. If the market moves upward breaking the pattern with good volume and a good bullish candle a big move could be expected. Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your...

Joassh Updated 

NSE:POWERGRID is in a uptrend in 1 month timeframe. While coming to lower timeframe, it is clear that the chart has touched the support zone for three times and hence we could go for a long position. There are two partial profits too in this analysis.As the higher timeframe chart is in uptrend, having a long position is advicable. Disclaimer:- This analysis is...

Joassh

A trend line pattern has been formed in NSE:NTPC . It has multiple touch points which has made the trend line a strong one. Let us wait for the stock to react from the trendline Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of trades