Triple Bottom Pattern Spotted in SBILIFE
Overall Stock is in Uptrend .
In 15 Minute time Frame price Consolidating Near Resistance Area , Which is Bullish Confirmation .
In Bigger picture stocks looks good too.
If you want to buy and hold for Month it can give you 10% in Coming month.
Apollo Hospital is in Clearly Uptrend .
After an Impulsive Wave Stock is in Corrective Wave and Stock Range is Getting Smaller .
It formed Descending Triangle , Which is kind of Bullish Pattern in Trending Market .
Price Also Testing Trendline Support and Demand zone . Confluence of several Things appearing at same Time.
When this Triangle Break you can Expect...
Coforge is in OVERALL Uptrend Above 200DMA in Weekly and Daily Time Frame .
Nifty IT Also looks good which give us confirmation .
Cup & Handle Emerged in Coforge , Which is Bullish Confirmation too.
Today it close above previous High which Confirm the Pattern.
Tomorrow You can buy This and forget it until it hit profit Target or Stoploss.
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Stock is in Completely Uptrend .
Price Broke the channel and took retest on Channel Resistance which turns into support.
Stock was in Corrective move and now it again going for advancing move .
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1) Inverse Head & Shoulder Pattern Spotted in WABAG.
Pros - CHART Pattern Structure Look Very NIce.
Price Came back to the Breakout Zone and Restested it from that Level.
Volume was good at the time of Breakout.
Cons - Below 200 DMA
That' why our Stoploss is very strict .
Once it close above 320 Level you can see some nice Momentum.
Our Entry -...
1) Classic Cup and Handle Pattern Spotted in Sail with good amount of height of Cup and Handle.
2) You can see supply zone i deployed at 80 which is broke today and sustaining above 80 and even Nifty falls 120 points.
3) When Nifty continue it's rally this will be the one which can perform in Coming days .
Entry = 80.35
Target = 105.4
1) Price is retesting previous Supply zone , Which turns into Demand Zone Now.
2) Price previously reversing several times from this level, So this means this zone is kind of IMPORTANT.
3) Risky Trade But Risk/ Reward is totally worth it.
Entry - 264
Target - 356 to 360
Stoploss - 248
*Tata Steel is in Completely Uptrend in Daily and weekly Time Frame
*Now, Tata Steel Is in Ascending Triangle and it took support on Trendline .
*In Shorter time Frame you can see Descending Channel and today it broke out from it With a good Volume.
*Now my entry point will be when this price came back down to the base line i will enter there.
*Then i'll wait...
Cup And Handle Pattern spotted in RECLTD in Hourly Time Frame.
Why i am bullish on this ?
1). Nifty falls 270+ in intraday and covers 200 Points in same Day, At the Same point of time REC Falls 2.4% and then it covered all the way up and close 1% Above the opening price .
2). Price Consolidating in range after it broke cup and handle pattern and making higher...
1) Wockpharma recently took Support on 200 DMA in weekly Timeframe.
2) WockPharma Bullish Flag Pattern Spotted in Weekly Time Frame .
When Nifty was making Higher High Pharma sector waiting Silently For its move , I think now the time has come for this stock to fly.
Buy Right Hold Tight
2-3 Month View can give you 40-50% in coming Months.
Please share your Views...
Rain industries looking good for buy only for positional .
stock recently broke above 200DMA with nice volume and broke previous major resistance which give us more confidence to go long.
Earning announces today i am expecting a good gap up tomorrow .
keep it simple .
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