NSE:FEDERALBNK Price has given Break Down of short term Trend Line on DAY chart. Nxt support for stock is at around 120-121. One can initiate short position for short term with SL above 132. FEB month expiry is just 4 days away, keep it in mind while taking trade.
BASF INDIA gave BO above 200 EMA on daily chart. Can initiate positional trade with Stop Loss below 200 EMA. 1st positional target 3000, 2nd target 3150. *Educational purposes
ICICI PRU giving BO above 200 EMA on Day chart after double rounding bottom. Can initiate Long positions with SL below 200 EMA. Short term target will be 580 Positionally can hold for 610 & 650. **Educational Purposes
NSE:HINDUNILVR HUL BO & Retest pattern above 200 day EMA (blue). currently trading above all major moving avgs.. If closes above 200 ema today then can initiate buy positions for longer term. Very less risk takers can keep SL below last candle which is around 2250.. Positional Traders keep SL below 50 ema (orange) now. and later can trail with 200 ema breakdown...
NSE:TECHM stock is forming Inverted H&S pattern on 1 HR chart. can initiate long position after confirm BO (above 1520) with SL at 1475 (previous swing on 1hr chart) Target 1570, 1620 **EDUCATIONAL PURPOSE ONLY
NSE:DIVISLAB Double Bottom BO possible on chart. Buy after BO confirmation with SL below previous swing low (AROUND 4375). 1st Target 4650, 2nd target 4800, 3rd positional target 5000. ** EDUCATIONAL PURPOSE
NSE:DEEPAKNTR Clear Inverted H&S pattern formed on daily chart. can initiate long position with SL below BO level. Positional target 2700-2725 **EDUCATOINAL PURPOSE
NSE:FEDERALBNK is facing multiple Resistance on Weekly Chart. Currently trading near its long Down Trend Resistance level. Also stock is taking support on 50 EMA (Week). Stock is poised at crucial point now. If Federak Bank gives BO from its Trend line Resistance & sustains, then we can see a Fresh long term upmove in stock. FIrst target of upmove will be ...
NSE:TVSMOTOR CMP: 564/- set to breakout in Double Bottom formation with Ascending Triangle Pattern.. also it is giving 200EMA BO at the same time.. Which indicates Stock is ready for long term reversal.. One can Initiate LONG with SL near BO candle Low (545/-) or below 200 EMA at 550/- (shorter).. Target of Triangle Pattern BO would be DEPTH of pattern.. first...
After 1 month correction NSE:ACC has formed long legged Doji candle on 100 EMA.. A long-legged doji signals indecision about the future direction of the underlying security's price. Long-legged dojis may also mark the start of a consolidation period.. The long-legged doji suggests that the forces of supply and demand are nearing equilibrium and that a trend...
ROUNDING BOTTOM BO seen in NSE:ALKEM can initiate long trade with SL at BO candle. Target would be depth of Rounding bottom.. Good risk reward ratio. SL : 3880.. short term target 4100 **EDUCATIONAL PURSPOSE
ASHOK LEYLAND looks Good on Weekly chart. Trading above 20 & 50 EMA on Weekly Chart. Can be good pick for Long term Position for period 6-8 Months. Add more in Dip.. Target 160 ASHOK LEYLAND: one of the leading player in India CV industry with a 32% market share in the MHCV segment. Demand for the MHCV segment has started to recover over the past few months. The...
POLE & FLAG BO pattern seen on Day chart of NSE:BAJFINANCE .. after sustainable BO stock will resume its strong upmove once again. can initiate long trade with SL below BO candle.. Positional Target will be 1000 points minimum looking at pattern. in Pole Flag BO Pattern Target is Pole Height. SL below BO candle, Target Pole height (aprox 1000 points),...
Pole & FLag Pattern BO seen in NSE:PIIND after sustainable BO stock can head to 3775-3800 (Pole Height) Stop Loss should be below BO candle. Positional Trade. **EDUCATIONAL PURPOSE
NSE:QUESS Ascending Triangle Pattern with Double bottom formation on Daily Chart. keep an eye on stock if it gives sustainble BO from pattern then fresh upmove can be seen. one can initiate long position afte BO or retest with SL below BO candle. if breaks down from trendling then again stock will correct for short term period. *EDUCATIONAL PURPOSE
NSE:BATAINDIA stock had given BO from CUP & Handle pattern on weekly chart. and recently Retested its support level. after confirmation of reversal from support one can trade with Positive bias for long term/investment purpose. keep SL below BO level. very short term target: 1810-1820 medium term : 2000-2050 **EDUCATIONAL PURPOSE
BSE:DIVISLAB After Strong upmove stock is consolidating for some period. which formed POLE & FLAG pattern on Daily Chart. keep in watchlist, after BO upmove rally can be seen once again. one can intiate Long with SL below BO candle after BO. Postional Target of pattern is POLE HEIGHT. **EDUCATIONAL PURPOSE
NSE:RELIANCE After 1 yr of consolidation Stocks looks Strong on Weekly Chart. Trading between 61.8% & 78.6% levels as per Fib Retracement. once closes above 78.6% then will go for 100% and will try to creat ATH. and above it strong upward rally can be seen once again. **EDUCATIONAL PURPOSE