Joassh

Joassh

NSE:JIOFIN has shot up from a support zone which has multiple touch points and a very strong one. The stock bounced back with a strong bullish candle. With multiple confirmations the stock could be traded. 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...

Joassh

NSE:ZOMATO has been moving around a support zone for a long period of time. Now after taking support from the zone the price has moved up. A strong bullish candle along with strong volume suggests that the stock will move upward. Keeping the stoploss below the zone and having a risk-reward ratio of 1:1.5 the trade could be executed with a good winning...

Joassh

NSE:TATASTEEL has been respecting a trend line for a very long time. We've discussed about this in our previous posts. The stock has formed a good bullish candle showing signs of possible bullish movement. A R:R of 1:1.5 can be traded in this trade. As the volume is good and supporting our audio. The possible of winning this trade is more. The link to my...

Joassh

NSE:BANKBARODA has been forming a consolidation for a long time which it has just broke. The market has broken the consolidation and is moving up. The candle that broke the consolidation is a good candle (though it is not a very good bullish candle). The volume is good. Hence a 1:1.5 RR trade can be entered. The link to my previous post is given below where...

Joassh

NSE:PFC is forming a descending triangle pattern, with multiple touch points on both side. A break down can be traded but only with confirmations. Strong candle with good volume can be a good signal for getting into the trade. Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor...

Joassh

NSE:PFC is forming a descending triangle pattern, with multiple touch points on both side. A break down can be traded but only with confirmations. Strong candle with good volume can be a good signal for getting into the trade. Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor...

Joassh

NSE:NIFTY index is respecting a demand zone with multiple touch points. The stock could break down or go up. But as we analyze we could see that sellers are being rejected and buyers gaining more power in the demand zone. There are more than 3 touch points through which we could confirm that the stock has more chances to move up. But strong multiple confirmations...

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

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: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: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: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