After a big bull run it's time to cool off for some time, this stock on the weekly time frame broken and closed below the important support. Thus further it can slide till the previous swing low i.e. 6480. If any one holds long can exit near the bounce range 7600 - 7750. Disclaimer : I am not SEBI registered, consult your FA before investing. Happy Trading!!
Initiating a short trade on Laurus labs with very less stop loss. RR is very high in this trade. Shorting at 476 for a target of 386 with 482.65 as SL on closing basis. Disclaimer: I am not SEBI registered, please consult your FA before investing
L&T positional set up has been activated. Going long in L&T for a target of 2079 with SL 1895. All levels are marked on the chart. Disclaimer: This is only for educational purpose. please consult your FA before investing. Happy Trading
Yesterday Cummins India broke the short term support zone and today tested that price, shorting here at 1330.5 for a target of 1271 with stop 1355. levels are mentioned on the chart. Disclaimer: I am not SEBI registered, please consult your FA before investing.
Initiated a short trade in JSW STEEL - with minimal SL. Shorting at 719.6 for a target of 692 with 722.95 as stop.
Yesterday Cummins India broke the short term support zone and today tested that price, shorting here at 1330.5 for a target of 1271 with stop 1339. RR is very good for this trade. levels are mentioned on the chart. Disclaimer: I am not SEBI registered, please consult your FA before investing.
Shorting Hindunilvr levels and targets are mentioned on the chart.
Initiated a long trade in #ZEEL as the price is near to support zone weekly level. RR is very good at this level. Buy price is around 266 for a target of 300 with stop 250 (Weekly closing basis). All the levels are marked on the chart for reference. Disclaimer : I am not a SEBI registered, please consult your FA before investing. Happy Trading!
Initiating a short trade at this level (1231) for a target of 1153 with 1284 stop. Levels are marked on the chart. Disclaimer: Before investing, please consult your FA.
Initiated a long trade in Lupin for the swing high. All the levels are mentioned on the chart for reference. Disclaimer: This is only for educational purpose, pls consult your FA before investing.
Initiated a reversal trade in Godrej Properties. All the levels are marked on the chart. Disclaimer: This is only for educational purpose, pls consult your FA before investing. Happy Trading.
No fancy indicators or astro gann knowledge needed for this , just the Price action support and resistance formula would help to analyse a stock. This stock has broken the weekly support and closed below. One can go short for a target of 7680.
Nestle India on the weekly time decisively broken the previous important resistance and closed strongly. In coming days this stock can do some wonders like axis bank. accumulation zones 19500-600. Targets can be 20550, 21000, 21400. Disclaimer : I am not SEBI registered, pls consult your FA before investing.
Colpal => In Daily time frame, a cup and handle pattern seen and soon to give a Breakout.
Ramco cement is looking for a breakout on a Daily time frame. All levels are marked on the chart for reference. This is only for educational purpose.
=> In weekly time frame, follows falling channel pattern which was now broken and closed strongly above the channel. => Rise in volumes confirms the uptrend => One can Buy this stock on the dips near 336-340 for a targets of 371 and 382.75 respectively by keeping 325 as SL => Levels are marked on the chart for reference. Disclaimer => This is only educational...
=> Breakout the major resistance trendline and closed strongly => looking at the rise of volumes confirms it's under bulls control => multiple support resistance seen near 430-461, can struggle a bit a over there. => levels are marked on the chart, SL - closing below trendline. Disclaimer => This is only for educational purpose only, Trading involves Substantial...
=> In Daily time frame follows rising channel pattern => Increase in volume shows bulls are in control => Important resistance level broken, but looks weaker. So one can go long by crossing yesterday's high by keeping yesterday's candle low as stop loss. => Target should be the channel pattern upper trendline. Disclaimer => This is only for educational purpose,...