HCLTECH MADE A BULLISH ENGULFING ON DAILY CHART. MADE A SWING HIGH OF 717.IF SUSTAINS CAN BE BOUGHT ON DIPS AS THE MOMENTUM LOOKS GOOD.
NMDC is trading near its Previous Swing High. There was a long consolidation for one month. Breakout from this level may bring new highs. Buying only should be done once this level will be broken
V-guard has broken its support at EOD basis. Shorting at this level can be with good R:R
Tata power after flag breakout now trading at its swing high. breaking this level May bring target of 58 and above in coming sessions.
MothersonSumi has broken its long trading range and volume looking good as well.
SRF is currently trading at its resistance. If you notice the pattern of SRF, it gives breakout and goes sideways for several days, likewise if happens same this time, it should go sideways before giving a breakout. Momentum is strong.
TCS had been resisting its supply zone 2200-2300 everytime whenever it comes near that but this time it is holding this level for last one month. If this level breaks we can witness new highs.
M&M broke a range of 2 week trading range. Good to buy for Swing (support present at 620) and Intraday (support at 625)
SXP approaching its previous high (@3394), considering its strong momentum it can slightly can resist at top but overall now seems good to buy
nifty has the support of 11100-11050, anywhere you find a convincing green candle in this range you can initiate buy call. and if this level gets broken more fall can be seen. Conversly 11250 is seems to resistance for nifty. same strategy to follow. Means, if you fing a good convincing red candle near this level, SHORT and if broken one can go long. Happy trading...
Bn has shown certain sell off throughout the week between 21900-21950, so this is very crucial level. As today is the last trading day of the week, buy only when this level is breached and sustained. conversely if this level is not retained shorting can be initiated from 21900. 21000 is the major support.
hexaware is trading near the resistance level. It may give BO (breakout) in coming session
Tata consumer chart analysis for Intraday as well as swing trade
I have been tracking this charts for last one week. Yesterday it gave BO but still a little hurdle present at marked pink line. As per strength I'm bullish on it & once it is broken free fly for niittech.
NTPC chart analysis for intraday and swing trade
A demostarated video of ambuja cement for trading idea This video is only for educational & learning purposes