NSE:IRCTC Is bullish above 850 as the descending triangle pattern has been broken after 3 months and now it can give an amazing up move after a successful retest. for more detail go through the text shared on chart. ENTRY - On retest from 850 TARGET - 990, 1170, 1270 SL - 750
ZOMATO has break the 5 month long trendline in downside . I've did this analysis on last trading session and today forgot to take short entry but it has break the trendline wth very good volume and today down almost 6%. this trendline can now work as resistance.
NSE:SBICARD is continuously in down trend after touching it's all time high. Now trading around a very crucial support zone it can take a quick reversal from here and give a good RR in swing trade if taken after a retest on bullish side. But if the support is broken with high red volume then the bulls can be trapped. I will enter with Mindset of long term...
India Bulls Housing finance Is giving a bullish sign above 262. It is forming a Cup & handle pattern in 1 Day chart. you can can enter above 262 and Hold for the target of 300 or above according to market scenarios, You can hold this scrip for long term Invetment purpose too as the Real estate Industry is about to boom in upcoming years. Best time for entry can...
36860 - 36900 is a weak level now because of continuous reversals from this level... Breaking this resistance can lead to a quick UP MOVE. only buy above this resistance zone and place SL below marked area. Risk to reward should be 1:3 minimum
Aditya Birla Capital was forming descending Trendline from last 6-7 months. Now this Trendline has been breached by ABC and it is about to made new high from here. Volume ia also good at this level. you can enter now or wait for a minor Retest. You can hold this share for positional purpose or Long term investment. This is a fundamentally strong company.
Reliance ( RIL ) was forming Head and shoulder pattern in 1D time frame. few days back it has breached the pattern and made a good low. now it has passed the retest from neckline and faced rejection from the resistance, in my view Reliance can make a new low from here and i am bearish on this. Support zone can be Found as 200 day EMA.
MTAR Tech made a Head & Shoulder Pattern and done with a Breakout with huge Volume exactly from the Neckline, now it will further continue a upward trend possibly after a retest from the resistance which turned as a support after the breakout. you can hold it for target of 1900-2000 .
NSE:BANKNIFTY is about to break trendline forming from last 40 days. Breaking this trend line could lead to Quick Big Upmove. . Safe traders can wait for entery above 100 Days EMA The Stoploss should be below last swing. The Resistance levels are mentioned on the charts. Enter For Long Trade above : ENTRY - 36600 ( Candle Closing ) SL ...
ONGC is continuously making a descending channel pattern from 173. After breaking the 20 and 50 days EMA now it is about to touch 100 days EMA and this could work as a strong support for ONGC as there are both supports available at 138 . 1st is Descending channel pattern's trend line and 100 Days EMA also running around 138. You can take entry in it according to...
NIFTY Reversed exactly from 17600 levels ✨ Looks like VERY BIG FALL is coming ONLY IF 17600 is broken below with proper close⚠️ Reason being that this level has been tested multiple times and is now weak 🚨 Everyone keep watching for atleast 120-160 points fall if the level is broken and sustained below 🙏🏼
Zomato was continually facing rejection and also creating a trendline near 145-150. Today it broke the trendline with huge Volume and made a record high near 155. It can contune this rally if it will pass the retest at the trendline.
go through chart and enter on breaching the level with good volume. take the SL low of last candle less risky can place sl 389 after taking trade above 395
GODFREY PHILLIPS is bullish above 1377 as earnings are about to release soon and it will run for 1400 if the resistance on 1377 is breached. crossing 1415 with good volume will lead it toward 1500 easily.
2X Target done in Hind petroleum after forming inverted head & shoulder pattern I decided for the target of 12 % but it crossed the target like rocket and given 21% return till now and never touched it down again. now it has passed the retest from target line for more bigger targets and now trading around 52 week high. Enter with small SL after breaking the...
Nifty forming a channel in 15M chart and following the trend from 24 oct also facing resistance at 1800 if the channel will be broken eithr side the breakout with 300-400 point can be seen in nifty. more probability of breakout is upside because of V shape recovery of past few day's breakdoen rally.
TATA CHEM after being traded in range bound area now trading upward, it can go for retest till 925 and can give a good reversal shot with high green volume. I've took the trade with SL being last candle's low. you can also trade it for the target of 1000 or more. fundamentally very good company you can hold it for investment purpose too.. These levels are for...
Lupin taking support at trendline in daily time frame near 913 now it has created double bottom pattern in daily and 15M time frame. if it has broke the consolidation zone from 945 and trying for a retest. if the retest will pass with huge volume then we can see upside rally till 1000 or 1085 from CMP. you can go long for a swing trade if good directional...