I do see the more fall in BankNifty in coming days as the big private banks gave a bearish outlook in charts. *HDFCBANK- Evening Star *KOTAKBANK- Elliott Imp Wave *ICICIBANK- Gravestone Doji *AXISBANK- Bearish Engulfing Views are personal
This scrip had fell almost 40% from its peak in one month and i just see this as a profit booking as this scrip had rallied 1200% from its lows. I suggest to long this scrip because there was a Rsi Divergence in a Daily Timeframe which gives us a long signal and also it brokeout from the correction trend line as well. So i expect this scrip to reverse its trend...
ETH had brokeout from the trendline recently and it is bouncing back from the trendline after retesting it, so i see this as a perfect opportunity to long ETH. As it had corrected for more than 5 months i guess there will be decent upside move in it in coming months. It is advised to add some more qty if it breaks the ATH.
Matic had brokeout from the symmetrical triangle pattern yesterday with massive volume and today I guess it consolidates a bit. If it sustains above the trend line today, we may expect a good upside move in this coin in coming days. There were other signals too 1. Closed above the Upper BB, 2. Closed well above the Pivot and may bounce back from the pivot, So do...
This scrip is forming a Round Bottom pattern with strong base, so one might look for long opportunities in this scrip but one has to wait for 2-3 years to maximize the return. I do also expect a correction soon as the movement is very steep there will be a sort of consolidation, conservative trader can enter during the pullbacks.
This scrip had formed a C&H pattern in a daily timeframe, so we can expect a bullish move in this scrip in coming days if it closes above the neck line which is ~94.5 Entry - 95 Sl - 88.65 Target - 107.8 RRR - 2
This scrip is in an uptrend for a while and today it had given a strongbreakout from the triangle pattern as well as from C&H pattern with strong volume, so i do expect a bullish move in this scrip in coming weeks after a small consolidation as RSI is quite high so it may cool down in coming days before a up move.
This scrip had formed a flag pattern in a daily timeframe, so we can expect a good upside move in this scrip once there's a breakout, so swing traders have an eye on it and I'll try to update at the stage of breakout.
This scrip was closed today at ATH with good volume, so one can consider to long this scrip but before going long wait for some more days until it closes above 1975/2000 as there's a major resistance out there.
BTC had broke the previous swing high and now it's Retesting that level so oncs it bounces back from that level we may see a good upside move in this in coming days. One can buy at CMP and may average when it's near to the support level if you don't want to miss a move.
The monopoly scrip is at the stage of breakout from a triangle pattern and also there's a volatility compression. I'm bullish on this scrip for both short term as well as lomg term. There's a stock split on 28th of Oct, try to hold it till record date as many new investors might invest in it for its lower cost which may further take this scrip up.
This scrip had formed a flag pattern, so once there's a breakout we may expect this this scrip to be bullish. By going with Flag Pole the target can ve around 1850 level, so do have an eye on it and enter your long position once there's a breakout.
This scrip had recently given a breakout from a major resistance and now it had bounced back from that resistance after retesting it. Don't rush and take long position now, as it's a new month so there will be a new Pivot points, it's now trading below the monthly Pivot point as well as 21MA. Wait for the scrip to cross above Pivot as well 21MA before going long in it.
This scrip is in an uptrend for a while and it's consistently making HH and HL. This scrip had now given a breakout from a triangle pattern with a decent volume and also there's a volatility expansion in BB so there might be a big movement on either of the sides as it had breakout from resistance i expect it to go up. Swing traders may long now with SL of around...
This scrip is in an uptrend since covid crash and it's consistently making HH and HL. This scrip is now bounced back from the major support zone, so the bullish momentum may continue in coming weeks. I do expect this scrip to reach new ATH and by analysing it technically it has the the potential too.
This scrip had broke the previous swing high today, so you might think there might be a good Bullish momentum in this scrip in coming days, its not wrong. Your view on it may have 50-50 chance because it's trading in a channel pattern for past 7 months and now it is trading near to the pattern's resistance, so there might be fall too. If you're planning to long...
This scrip had recently brokeout from the major pattern and it's consistently making HH & HL. It's now bouncing back from the previous high, swing traders may go long now with minimal SL, just below the previous swing high and by going with Fib i set a first target of Rs.794, RRR of 2.8, seems like a great trade opportunity.
This scrip is making consistent HH and HL and now it's bouncing back from the previous high, so we may see a new high very soon. So one can long this scrip at CMP with SL below the candle's low or below the 450 level. By going thr Fib Pivots, the target is around 518 level and i expect even more from this scrip.