Mr_Financial_Literate

Mr_Financial_Literate

NSE:DMART Levels are perfect for retesting if it sustains a good rally.

Mr_Financial_Literate

NSE:QUESS Cup and Handle with Breakout and Retest

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Mr_Financial_Literate

Asian Paints chart indicates good Support and Resistance Concepts of Technical Analysis and the W Pattern, also known as the Double Bottom Pattern. #asianpaints #wpattern #doublebottom #nifty

Mr_Financial_Literate

The flag and pole Pattern is a Bullish pattern indicating the continuation of the Trend. In 30 minutes, this indicates a strategic call for a breakout for Intraday trading. Disclaimer: This is not a stock recommendation and I am not SEBI registered advisor. Take your investment decision wisely by consulting your financial advisor or doing your own...

Mr_Financial_Literate

NSE:HINDUNILVR This line is acting as a trendline and gives major support to the stock. Arrow marks in this chart indicate whenever the stock price has come closer to this level the price supported and bounced back. Scenario 1: Stock can take support at its trendline and continue to be in an uptrend which will make this trendline further stronger. ...

Mr_Financial_Literate

NSE:ASAHIINDIA Cup and Handle Pattern: ASAHI INDIA has formed a wonderful Cup and Handle pattern. This is a Bullish pattern. Breakout: Stock has recently given a breakout by breaking its resistance level of 600-610 price. This is also an all-time high in stock. Volume: The Volume of the stock is also higher than a few days. This also indicates the bullish...

Mr_Financial_Literate Updated 

NSE:GRAVITA Gravita is looking perfect on charts. With strong bullish probability one can go long with this stock. Stock is at the Support zone. Support Supports this Stock: Price is bouncing from this price zone for the past three times. This acts as a perfect Support zone for the Stock. Mentioned in green arrows. With a green rectangle. Stock is...

Mr_Financial_Literate

NSE:DMART DMART is forming one of the common Technical patterns in its Chart on a daily time frame. The technical pattern here we are talking about is Flagpole. A Flagpole is formed by strong movement in one direction creating the pole of the flag and a pennant shape by converging trendline causing the Flagpole structure complete. This is a continuation...

Mr_Financial_Literate

NSE:APOLLOHOSP Apollo Hospital is forming one of the common Technical patterns in its Chart on a daily time frame. The technical pattern here we are talking about is Ascending Triangle. More about Ascending Triangle: It is formed by two lines converging towards each other, one of the lines will be a trendline heading upward and another line is a horizontal...

Mr_Financial_Literate

NSE:TATAPOWER Tata Power has formed Symmetric Triangle and the breakout is given on higher side. This is break out pattern and the probability of the trade to work is on higher side. Kindly let us know your views on this chart. This is just for educational purpose. Let us know if you would like to learn Stock Market with us.

Mr_Financial_Literate

One of the nice set up here on the charts of Punjab National Bank. This looks like a great trade with perfect risk to reward ratio. Rough Set up. Buy Price - Around 40-41 Stop loss - Around 38.5-38 1st Target - 43 🎯 2nd Target - 47 🔥 This is not a buy recommendation from our side. Just showing how to plan a trade and be ready to take calculated risk against good profit.

Mr_Financial_Literate

NSE:GRAVITA Hello, all let's analyze this script to check its probability of winning. Trendline: The Slant line going upside provides necessary support to the price and doesn't allow the price to go below it. The Upside arrows marked in the image indicate the previous support. Horizontal line: This acts as a resistance to the price and doesn't allow the price...

Mr_Financial_Literate

NSE:AWHCL Antony Waste Handling Cell Ltd: Fundamentals: Majorly waste management company based in Delhi and NCR region. Swacch Bharat Mission adds up great value to the company. Technical: Price has given Gap down opening few days before this is due to major investor has sold his position in the company. However,the theory says that the Gap will be...

Mr_Financial_Literate

NSE:ABFRL Channel Pattern is one where prices move between two parallel lines. The upper line acts as Resistance to the price which doesn't allow the stock to move above it. The lower line acts as Support which doesn't allow the price to go below it. His is how we can trade channel pattern go long at the lower line (BUY) and go short at higher channel...

Mr_Financial_Literate

] Inverted Hammer is a Bullish Pattern that indicates a reversal. This indicates that the price is falling for many days It is time to change its direction to go up. This pattern is formed on a daily time frame with a high volume which indicates Momentum. As price is on 200 days EMA which acts as a support. There is a high Probability of Stock going up. Risk...

Mr_Financial_Literate

TCS is in a very good support zone. Trend Line: On daily Time Frame price is on the Trendline which acts as a support. EMA Support: Price is taking Support on 100days EMA Candle Stick: Hammer Pattern is formed after the fall from high price which indicates a reversal. Stochastics: Has just moved from an oversold region which indicates further buying.

Mr_Financial_Literate

This zone was resistance where the price was not able to break it at several instances. However, once the price broke and created a new high the stock is retracing to the same resistance zone which can now act as a SUPPORT. Watch out for IOCL tomorrow.

Mr_Financial_Literate

Ascending triangle with lot many confirmations of the upcoming move. All the conditions have confluence one another for a perfect breakout. Good Risk to Reward. And a perfect setup like a sniper shot. The Bulls are ready so are we.