abhijitchavan2001

abhijitchavan2001

On weekly chart, Hindustan Unilever is respecting a price channel from almost 2016. Now trading @ price CMP 2404 at bottom of channel near support line. Just wait for confirmation of reversal of trade. Entry can be above 2450 SL will be 2307 (Day closing Basis) Target 1-2800 Target 2 - 2840-50 Risk Reward is also Good >2.5 Goodluck with trading

abhijitchavan2001

This weekly chart Analysis for INDUSIND Bank. 950-980 is strong Demand zones, which can be seen on chart. Risk Reward is very attractive >1.5 . The numbers of profit and probable loss are calculated with investment of 10000 INR only. On weekly chart Trend line is broken downwards But as I said it near to 200 MA support on daily chart and close to demand zone, so...

abhijitchavan2001

IndusInd Bank was in correction mode last whole week. Now price trading around 200 MA on Daily chart. This could be potential reversal point for short term trend. So CMP 1037 Suggesting to take long position with SL of 937 target could be 1150-1200 in next 2-4 weeks. * Money is made at Market reversals

abhijitchavan2001

Strategy for trading Copper for July 2021 1. Copper is in Downtrend on Daily Chart but have formed reversal pattern with bullish hammer on 21 June 21 also RSI showing strength. 2. Strong Resistance zone between 733 to 740. This area will decide further direction for trade either on Long side or short side. 3. Price is respecting channel as shown, if it touches...