***SHORT TERM ANALYSIS*** Buy Above 1485 for Target 1525-1530, Sell below 1435 for Target 1390-1395, (Buy /sell will trigger only on candle Closing on any of the above mentioned levels)
Be watchful, may give a break on any of the side in the upcoming Trading session (Down side 1st Target- 215,Upside 1st Target-270)
Time to Book Full Profit, Fresh buying only on closing Above 120 for target 140
All explained in chart itself-Be watchful if you are a Long Term Investor
The stock looks good to long from here 2900-3100 will be a good Support as it was a Resistance before + past data suggest weekly Rsi at 38 is a reversal point for the stock***Buy between 3100-3200 for Target 4800-5000(With stop loss at 2900 on closing basis)... Only for long term investors with Great Risk/Reward=1:4
Time to go short with stop loss (70-72)
Everything mention in chart itself
The chart describes everything in itself Buy around ₹450-460 with strict stop loss at ₹440 on closing basis for a SHORT TERM Target of ₹500/520 Risk/Reward looks interesting here
Here in this chart it is clearly visible that federal bank is making a ₹10 heigher high swing and is continuously in uptrend since October 2020. Another noticeable point here, is that the stock is taking support of the 50MA(denoted by Red line) Short term swing traders may take entry at the level of ₹80-82 with stop Loss ₹78 on closing basis , for target...
MY SHORT TERM VIEW ON BANDHAN BANK Bandhan bank trading at the neckline of the double bottom candle pattern Buy Triggered on SUSTASINED closing above 360 with the stop loss of 346 on closing basis for a Target of 390/400 ****RISK/REWARD=1:2.5
Double Top Neckline broken @ Bharti Airtel will retest the level of ₹550 and then head back to the 1st psychological Support of ₹500 and afterwards to its next Technical support of ₹480 (expected price movement depicted in chart itself)
Axis bank trading at resistance clearly visible in chart itself Sell around 751 with sl 754 target 745 Risk Reward/1:2 Remember it is an intraday setup against the trend Trade in small quantity
Sbi trapped in flag-Expected move denoted by ghost feed candle pattern Buy once it closes above ₹400 for a target of ₹425/450 Sell if the prices slips below ₹385 for target ₹460/425 Wait and watch for the price to break any of the 2 levels
All explained in Chart itself- if you have any questions or suggestions please feel free to write in comment section
Hdfc currently trading at ₹2600 has recently taken support of the trend line and is expected to make new heigher high-so one may go long for a target of ₹2900/3000 with a tight stop loss of ₹2500. Risk/Reward- 1:4(suitable) [ ]