idea posted on 13-may-2020. Look at the power of candle stick pattern. Trade taken on shooting star is very poweful and accurate. Look at the charts not even touch our Stop Loss & result is in your hand. Patience is the key to success in stock market.
On weekly & monthly chart strong bullish candle is visible at BO level of 120. If this BO sustains for some time then surely go for long with target of 135 to 140 for positional & swing entry. Earlier, stock has seen rejected twice from the same level ( May-19, Feb-20) . Lets wait and watch for the BO or else history repeats as volume level is low at this time....
Dabur india Strong support zone is going to break. Can go for short @ 439
Please check on daily chart & wait for the trend line to be broken down level . This can be short @ 170 for the next target of 162 to 155 . On chart trend hitting several times and it clear indicates for break down probability.
Short signal activated on biocon share. Strong support level of 345 has been broken. Confirmation given by the 2nd candle today. Can go for short with the target price of Rs 330 & 325. please keep your Risk to reward ratio as per your trading capacity of lots/shares size. Good luck
There is clear visibility on daily charts of Ambuja Cement for today candle is shooting star . From this level a very strong resistance or downfall can be seen. So traders can be add this in watch-list for tomorrow.
Escorts at very important level of breakout. Can go long only if breaks 755 level otherwise again it back to support level at 730. So watch very carefully. This kindly of level test traders patience & discipline. So wait , watch , learn and then earn. Any query please message me.
At this current level Bandhanbank can be taken for intraday long entry for the target of Rs 250 to 255. As a double top pattern is formed from two consecutive rounding tops can be clearly visible on daily charts. Also tomorrow is the Q4 result for Bandhanbank. So buy above 242 . in case any doubt please message me.
ON 15 MIN CHART TL BROKEN TO SHORT ICICI PRU...
Axis bank for tomorrow on bearish mode. Sell below 440 for the target of 430 & 425 with SL of 444.
Clear breakout level arise in muthoot finance on daily candles can go long for the target of 870 to 880 for intraday & 900 above in next week. very bullish .