TradeKings5586

TradeKings5586

Stock was falling since in a typical downfall manner - LL &LH Suddenly there are volume Spikes since last few trading session and first time the lower high broken with recent low is made higher than previous one Now if it breaks recent High (Daily close>1030) then there may be confirmed trend reversal. The high volume bars gave some aid to Analysis. Few more...

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After a long uptrend ; the stock accumulated since almost 1 year, There is very low volume trading in accumulation (Consolidation) phase stock gave BO with volume and massive 10% bullish marubozu candle breaking previous lower high in last trading session; but strong buying force left some inefficiency behind and created Fair value gap. Now better to wait till...

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There was dal in price after IPO. Then new uptrend started for some time it consolidated and moved on sideways trend. Now be new uptrend is likely to unfold as there are clear increased volumes and inspite of DOJI candle the volume increase in last trading session. So FVG created ; price may retrace till 280-290 We can buy some quantity at CMP 314; add some at...

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Stock gave a significant move from covid (March 2023) lows and gave 281% returns till Sept 2022; after that correction phase started and it retraced 40-50% till feb-march 2023 Then it accumulated for almost 18-19 month in a fixed range with less volumes ; since last 2-4 weeks there are some volume spikes seen with coming out of accumulation range AND it made...

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RBA ; on weekly TF near trendline resistance Increasing RSI may indicate Breakout in stock Possible above 140 Targets 180,200

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Keep watch Astral Buy around 1760-1800 (Demand zone) Keep sl 1680 Hold for 1-2 months for targets 2000,2100,2200

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Nifty hourly chart analysis 😍 Nifty made a 200 + points gap up opening on 25.11.22 (Vertical line ) After that made high of almost 19K and then fell down look at the chart : 18031 is the swing low and 19000 is swing high - considering that 18500 level comes golden fibonacci reversal level The Blue zone is run away gap zone area; nifty tested today it and...

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Sbin making consolidation in a fixed range from September,2021. Now trying to escape. Expected breakout above 550 for at least target of 650. (Pattern height)

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BDL Trading in a specific falls pattern; can give good move on either side of channel. Uptrend is more possibility.

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Technical analysis : after Covid 19 fall making low of 202 in March 2020, Zydus made high 673 in may 2021 (233 % returns in just 14 months ). Since May 2021 stock has retraced almost till golden Fibonacci ratio of 0.78 and made almost tripple bottom Let it make some price action till 0.618 fibonnacci...

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Axis Bank forming Ascending wedge pattern & each time having resistance at the same area near 800. So this is the good time to enter. Advisable entry above 700 on daily closing basis, keep SL 630 for targets of 750,800. And looking at the trendline support it looks now Axis Bank is going to break the resistance and we can see 850,900 also. This is just for...

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Hero motorcorp Bounces back from Demand zone and Fibonacci 0.618 level; going to Supply zone and fibonacci 0.5 level. Entry can be done above 2445 level; Targets are shown in picture. SL can be taken 2290 on Daily closing basis.

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Previous Resistance worked as support now and Ready to make high again… Trendline broken today. Sl 5% Targets 8% and 11 %

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Tata Steel Retraced and again bounce Back and made high, covered entire selling and looks extremely Bullish

TradeKings5586

Xpro India has broken trend line and bounced from demand zone, next Target can be 1250

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Bank of Baroda fell from Supply Zone looks Bearish, levels are mentioned in chart.

TradeKings5586

Hindalco Trade setup : Buy Above 560 for long position for the Target of 640 Short below 540 till 510 SL can be kept very small on either side : 560 for short trade & 540 for long trade...

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Simple idea when it falls to this area it definitely falls more 100 Rs. next target is 2215