Buyers Defended this level -- 200. Can be considered as Double bottom. Entry @ 250 Stop Loss - 200 Target 1 - 350 Target 2 - 400
Recently listed stock. Pros: Excellent chart formation. Breakout and retest done. Looking for a 1:3 Risk Reward short term swing trade. Cons: Breakout candle volume not so great. All time High has a double top structure.
Bullish engulfing on Confluence of Support Zones. Enter on close above 550.
The market structure already showing Lower Highs and Lower Lows on Daily and Weekly time frames. Immediate support is at 16,800 levels on Daily and weekly time frames. Once this level is taken out, there could be a long bearish market for a year or so. Not expecting any Market crash. Feels like the bearish momentum will slowly add up and lastly explode(when all...
Excellent bullish engulfing on Weekly time frame. Great Risk to Reward. Similar pattern seen in almost all Banking stocks including BANKNIFTY.