Buying zone - 490-492 Target 500 If opens gap up - selling may come near 500, then look for reversal
#wipro #INTRADAY -Can short below 650 if a 15 min candle closes - Profit booking in IT - Bearish engulfing candle formed in daily charts #investments #StockMarketindia #trading #priceaction
CMP- 68 SL- 59 Target - 94 19/5/21 - EMA's positive crossover - Breaking out from accumulation zone with huge vol - VOL spike at breakout - wait for 2 candle close or better enter on retracement at 65-67 levels - Recent VOLUMES shows the interest of buyers
CMP- 216 SL- 185 Target - 250, 300, 350 25/5/21 - Above major EMA levels - VOL activity shows particiapation - Buy on retracement around 201 - Strict stop loss should be maintained here - Recent fall was due to results but recovered - Broken long ter trendline
CMP- 281.8 SL - 260 (immediate SL, if close below 260), 230 on closing basis (w.r.t. pattern) Target - 400, 450 1/6/2021 - Breakout of ascending triangle observed with good volume spurt - HL into resistance - Can see support of 20,50,100,200 EMA, trying to give positive crossover -The script has been respecting the trendline after the covid fall - Short term...
CMP- 204 SL- 198 >>>> 189(more logical and Target- 245 14/7/21 - Price moving in descending triangle - Ascending channel and support zone confluence - Major support zone - 190-200 - Moving averages still at negative territory - Volumes have dried up in the recent trading period - RSI aligned with price
CMP -229 SL -198 Target -280 - Ascending triangle breakout - Trendline and 50EMA confluence on D - Above all EMA's on D and W - Beautiful price action as price made a pause at resistance before making forward move - Resistance was broken with great VOL, shows strong conviction of traders at the price point - Good financial strength, increasing profits, low debt,...
CMP- 538 (enter when the price drops to 510-520 level) SL- 510 (closing basis) 499 (more structural) Target- 600+ -500-520 level of #support formed with good VOL -Fib retracement 50% of the previous rally -Major EMA's flattened out -Delivery in VOL have increase on these level shows accumulation -The triangle is in the verge of end (price may break either-side)
CMP- 205 SL- 190 (closing basis) Target- 250-260 20/7/21 -Symmetrical triangle breakout and now retesting - Stock from 200 level gapped down massively in the past and now symmetrical triangle and gap breakout seen last week with VOL surge - More than 30% delivery were taken past week - Parameters positive -Above major EMA's on weekly and daily
CMP- 285 SL- 269 (closing basis weekly) Target - 470-500 20/7/21 (second view for KHADIM) **see 1st post - Market structure HH,HL and breakout of important zone and now retest - Resistance of 270-280 was broken decisively -Support formed with burst in trading activity - Above all EMA's on D and weekly major EMA's crossing over -Parameters positive -More people...
CMP- 785 SL- 740 close basis Target - 980-1000 levels 17/8/21 - Breakout and retracement above previous ATH levels- - Support zone 740-800 levels - Above all major EMA - Volume surge on breakout with weaker pullback - Delivery VOL in pas days have been exceptional - Long wick candles at support level indicating buyers standing there - - Fundamentals positive
#CNXREALTY #nifty50 - Strong weekly closing candle, next resistance 517-520 level - Either take enter after next resistance break or wait for retest to 450-460 zone - Realty is booming, buy n dips #StockMarketindia #investments
#ASIANPAINT #daily - Any price drop to support zone and trendline will be good buying opportunity - If market sentiment is -ve, then wait for correction till 50EMA - VOL has been good #trading #priceaction #investments #tradingview
#LTFoods #Daawat - Good price action + volume near trendline resistance - Can expect a pull back b4 taking the leap forward - 50 EMA can be also used tight SL - Looks breakout retest on W #trading #StockMarketindia
#SHANKARA #Weekly - Retest and now trying to move up - Sector is also in play - Can add now and more if price corrects to support for R:R -200EMA major headwind going forward
#Banknifty #Weekly - Made a pinbar candle on trendline support - Looks bullish as of now - 37000 is strong support zone - Many banking stocks looking bullish #investing #nifty50 #trading #Banks #StockMarket #hdfcbank
#CNXAUTO #Nifty - Auto index looks bullish with good risk reward at current - Bullish view until next resistance
- Made a gravestone doji at the top, may touch the steep trendline before making move up if the cureent trend is to continue - It has been moving continuously and silently