NMDC has been falling since more than a year and has now shown signs of bullish nature as the entire market sentiment improves. NMDC has formed a beautiful double bottom which has been confirmed by the gap up today with good volume. The previous red candles has high volume but no price movement which is a good sign and shows lack of selling pressure. NMDC...
Laurus Labs looks bullish 1. Break of downward trendline 2. Break of Resistance zone on strong volume 3. Strong bullish candles which are validated by volume 4. Weak bearish candles and low volume pullbacks 5. Trend line and Support Retest This is a riskier trade and hence I would advice a position sizing method that will minimise risk and maximise reward....
Power Grid Corp has broken out of its ATH on beautiful volume at an increasing rate with two big green candles and has now pulled back on decreasing volume which shows that there is less selling and more buying in the stock. This is an opportunity to buy into the trend as the stock is in a clear uptrend and looks bullish. This is a riskier trade and hence I would...
PVR has been falling since almost 300 days and has now shown signs of bullish nature. It has showed buying climax with lower wicks at a very important support level from where it rallied in the past and it has done so on high volume. Tight stop loss at 1467 and Targets at T1,T2,T3 with a favourable risk to reward and earnings around the conner, we may see a...
Infosys is currently on a crazy support, this is not just any support, it is an institutional support where price has run up 17% and 19% in the past in just 1-2 months. 1. Falling volume- as price approached this area, selling pressure weakened out and candles became smaller with larger wicks. Which is a bullish sign Entry- After it Breaks Away Stop loss-...
As the Market Improves and gives a bullish sentiment, PEL has formed a beautiful bear trap and gives a long possibility once the support zone is re entered. Liquidity Grap- Is a smart money concept similar to stop loss hunting where the market gives a fake breakdown on low volume or a bad spread candle as visible here. The stops of many retail traders are hit as...
Looking at past data, it is visible that: whenever, reliance comes to this zone and breaks out, it rallies, candle after candle, and has given 18% and 30% returns in almost 1 month. Reliance is at the same zone and at the bottom of market structure, it has formed 2 more bullish confirmations. 1. liquidity grab- Reliance broke the support zone and trapped short...
Eicher motors has fallen from its high by about 20% and we may be looking at a double bottom reversal as it rests on the 200EMA. According to option chain data, 3100 is a strong support. According to Multi strike OI, calls graph is falling which shows a bullish Singal and puts graph is rising which shows an even more bullish signal. Targets of T1 and T2 with...
Voltas is so far away from its ATH and it is in the process of forming abeautiful cup with handle. On the break of the handle, the trendline and the 50ema will also be broken. If such a break is seen on high volume, a beautiful long position can be taken for a long term trade or even an INVESTMENT Updating this early so people can be on the lookout for a...
As the market sentiment turns bullish, Policy Bazar has broken its resistance after a small consolidation and form a series of higher high and higher lows with increased volume and it seems to be taking support from the 200ema and a channel. Entry-598 Target-699 ( next high ) Stop loss-542 ( below 200ema ) Keep It Simple
Aartind has been falling since 149 days and has reached its previous long term support and has formed a beautiful bear trap. Bear trap logic- it has broken the support causing people to go short and after a few days the market moved higher on very high volume trapping sellers and has broken the falling trednline STOP LOSS: below the trap Traget: 707.75
reliance has been falling since 74 days and has reached its previous long term support and has formed a beautiful bear trap. Bear trap logic- it has broken the support causing people to go short and after a few days the market moved higher on very high volume trapping sellers and has broken the falling trednline STOP LOSS: below the trap Target: green line
VEDL has broken out of its resistance after consolidating right on it and it has done so on above average volume after taking support from its trendline and is giving an opportunity for a quick profit. Target 354.90 Stop loss 314.45 Option data has had a massive increase in open interest and shows a long buildup Keep It Simple
HISTORY REPEATS ITSELF NTPC has formed similar patters in the past and on a break of the trendline and has soared a good 12%-19%, making it highly probable. NTPC breaks its downward trendline on high volume with support from 50ema Options Data: 7% increase in one day on open interest causing a long buildup Target of 183.05 Stop loss at 164.65 Keep it Simple
Vedl has broken out of a beautiful resistance zone after forming a small symmetrical triangle and is in a clear uptrend which is shown by the trendline Target at T1 Stop loss: right below the resistance Keep It Simple
IEX shows massive potential, it breaks past its 1. 50ema 2. triangle break and TIGHT consolidation break on high volume Stop loss below the base of the triangle/consolidation target at T1 T2 Keep It Simple
After a few bearish days, many stocks broke out fro. found bases wipro breaks out of a superb triangle pattern and looks promising to go upwards. it is at its bottom and very good chance for a long term trade or even investment based purely on technical analysis stop loss below the triangles support and target1:3!! Keep It Simple
Reliance has broken past its long term bearish trendline after taking support from its short term bullish trendline on above average volume. 50EMA has crossed 200EMA giving a golden cross. Targets can be take at T1 and T2 Stop loss below the most recent candle Keep It Simple