Joassh

Joassh

NSE:BANKBARODA is trading between a zone where it has multiple touch points on both top and bottom. As nifty has reversed it is possible that the stock could go up but always trade with caution. Multiple confirmations such as volume etc. should be taken into consideration before entering the trade Disclaimer:- This analysis is only for educational purpose....

Joassh

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

NSE:JIOFIN has formed a support zone which has 3 touchpoints making it a stronger zone. Either the stock could reverse from this zone or break down. Look for volume and other confirmations before trading.. 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

NSE:ZOMATO is trading near a support zone. Look for multiple confirmations before taking a trade. As Nifty is in retracement zone in 1M TF and has formed a head and shoulder pattern in 1D TF, it has went down for the past few days, but it will soon go up... Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or...

Joassh

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: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

NSE:TATASTEEL has almost broke a trend line and started to move downwards. With Nifty in downtrend in 1D TF it is possible that this could stock could easily hit take profit. 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 NSE:TATASTEEL

Joassh

NSE:TATAPOWER has been trading near a trend line for a long time as you can see the chart. As Nifty is also in a downtrend in a 1D TF, there is a possibility that this stock could go down. With a proper volume and confirmations this stock could be traded for a good R:R. Disclaimer:- This analysis is only for educational purpose. Please always do your own...

Joassh

NSE:GAIL has been trading near the support zone for a long time and has now broken the support zone. As Nifty is in a downtrend in the 1D TF, so it is good to take short entries. But with good confirmation trade could be taken. I would wait for a retest or the new candle to brake the previous candle's low. Disclaimer:- This analysis is only for educational...

Joassh

NSE:BANKBARODA is trading near a demand zone. As Nifty is a downtrend in 1D TF, I'm waiting for a downside move. With any strong confirmation this stock could be traded. 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

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

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

NSE:ITC has a uptrend in 1M TF. Looking down at the 1D TF, the chart has broken a triangle pattern and has moved down, touched a demand zone and is currently trading at a support turned resistance zone. Let us see what the market has for us..!! Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your...

Joassh

NSE:BEL is forming a clear parallel channel pattern in 1D TF which could be traded once broken out.. 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 NSE:BEL

Joassh

NSE:COALINDIA has formed a triangle pattern in 1D timeframe but when we see in 1M timeframe it clearly shows uptrend. Hence in a lower timeframe it is good to go for a long position as it is always better to go with the trend. Now the chart could break the triangle and take a retest and move up or come down to the support zone and then go up. Only in these two...

Joassh

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

NSE:COALINDIA 1D chart has recently crossed the all time high and is playing around it for the past few days. Now the chart has formed a consolidation. So it is better to wait and see where the price is moving. NSE:COALINDIA

Joassh Updated 

NSE:NTPC stock in daily time frame as broken a resistance and has rallied up and is now retesting now it could either go up from the support level, or there is also a flag and pole pattern with which also we can trade and expect a good profit.