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...
Clear breakout with Good volume than previous session. Nifty PSU Index also Gave Upside breakout . All psu will perform in coming days. I can be wrong please use your own Analysis.
Positional Bet : Market is in range in Weekly Chart above 620 can see 640 to 660.
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...
UBL Clearly in Uptrend in weekly chart . 1) Area of supply (Resistance) Turns into demand zone ( Support ). 2) Confluence of Trendline and 200 DMA . Which works as support too.
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 . Happy Trading Please give us a like if you like this Idea , if you didn't please let us know...
Cons : Market is in Downtrend but Weekly closing is Very Good. But Chart is Good and you can trust on this pattern . Disclaimer - Don't just trade on this pattern . Do your own Analysis.
Everything Mention on Chart . What's Your thoughts on this please suggest your views .
This time no one stop this stock to break this level tested several time .
SRTRANSFIN looks Good For Buy Everything Mention on Chart overall context looks good, But Still i can go wrong so trade on your own risk.
Market Facing little bit of resistance at 76 region. If it broke above it , You can see some nice rally near future till 82 to 83 . Below 73.5 This setup is invalid . Let see what will happen . If you have any suggestion for me please let me know .
Market is in Downtrend in daily Time frame . Head and shoulder pattern spotted in Hourly time frame. Market recently broke trendline in hourly time frame and retest it. Market show good sell off after restest trendline . But still 215 to 217 is good Demand zone , Once it broke 215 Level then you can see huge sell off. Please like and comment if it make any sense...
Everything mention on chart.
SBILIFE is in trading Range as you can see in hourly time frame . SBILIFE already did several attempts to break the trading range formation but it failed . Now the real question is why i am bullish on this still it failed to hold above trading range . Because its above 200 SMA in daily time frame and if look closely you can see the bullish flag pattern in Daily...