Index corrected 20% from top. Strong support on lower level's. Clear sign's of bottom formation and breakout is evident. Falling Channel breakout and consolidation near breakout zone is giving strong confirmation. MACD and Rsi too supportive. Rally ahead. Pullback's is excellent entry point's here on.
Levels mention on charts. Comment are very welcome.
Underperforming Sector's are outperforming in this rally. Expect money flowing from IT and PHARMA to other sectors now. Metal sector was long consolidation mode. Last 7-8 year's underperformance or sideways move is showing reversal sign's. After Precise Double Bottom Metal Index moved up. On Weekly Basis we are very close to GOLDEN CROSSOVER. Few week's ago...
All time High | Retracement | Consolidation | Shake out | Volume expansion | Breakout Stock consolidated for a long period of time. If you check the Fib level's then Retracement is perfectly in line with level's too. RSI showing perfect breakout too with 60+ level. MACD already indicated Positive crossover. Stock is heading for...
Stock is moving with Higher Low's. Ascending Triangular Pattern breakout confirm on Weekly chart's. Breakout candle is very strong. MACD supportive to breakout. MACD Indicated Positive crossover too along with Sharp Uptick in RSI. RSI comfortably staying above 60. One can see consolidation near 50-60 zone too. Stock has given breakout with Strong Volume Rise....
Another Typical price pattern getting ready for sharp move on the upside. HDFC BANK Price Retraced from All time High, Retracement is 18.5% from top approximately. As of now price is forming Higher-High structure on Weekly chart's & now Broken Out of Triangular pattern decisively. Price movement will be sharper once we closed above All time high on Daily...
Stock moved up from recent low's. Not a popular name but strong MNC company. Stock is about to complete Classic cup and handle pattern on charts. One can start accumulating right now and buy rest of the quantity above 0.68Fib level closing. Breakout zone mentioned on charts. Closing above breakout level might trigger good amount of buying. Can not time this stocks...
Don't have much time to explain. Do comment if you need anything Risk reward 1:2/2.5 Scale down once you reach close to target.
Level's on charts. About to breakout from range Do comment. suggestions and questions are welcome.
Refer charts for level's. Do comment. suggestions and questions are welcome.
Stock tested 200DEMA & moving up. If stock sustained above long term resistance zone then this can be good short-Medium term pick Stock's high vol accumulation and lower time frame bounce gives a good trading opportunity. Use 30min time frame for trading this stock. Levels mention on charts for short term bounce play. As of now Risk Reward ratio 1:2/2.5 Do not...
Company just completed BUYBACK on price of 1725. Stock is showing very high bullish signals. Stock is breaking out 2 month long consolidation. sectoral churning is constantly happening in the market. IT is absolute under performer lately. IT index do look strong on charts. Risk reward looks positive now. Volume structure is perfect for sustainable up side near...
Price & target mentioned on charts. Always follow the stop loss. Please do not panic and sell in between. Mid-cap stock do have a tendency to be volatile in nature and prone to swings Good Luck!
Stock has potential and enough volume baking to move 1-2k within a day If target achieved then please do not convert position to carry overs ,just book and move out Index bit stuck in range so move may come in a day or may not If stop loss hits then just move out, don't try to hold on to loosing trades to loose more. Stay cautious on index. Stop loss on...
Levels mentioned on charts . If someone want's to know logic behind the trade then please comment . If possible then avoid trading entirely for next 2 sessions. We are reaching to overbought level's. Today's end of the day data is not positive as per my analysis. Do not chase any trade tomorrow. If price moves up then just skip the trade and wait for better setup's.
Trend line breakout clearly visible . Volume supported move. Breakout happen exactly on most important 0.61 Fib level Consolidation above 200 DEMA is very positive. accumulate near breakout level. Stock has ability to move up sharply Please do follow the stop loss. Stop loss on daily closing basis. Comments and suggestion are very welcome !
Play the channel. Buy on dips. 200 expected in near term
EXPAINED EVERYTHING ON CHARTS ENTER CLOSE TO 270 LEVELS. RISK REWARD WILL BE HIGHLY FAVORABLE AT THAT POINT