i make a analysis on reliance stock and all the details are given in chart itself so for more information go to chart.
How NIFTY AUTO stocks performing for the past few days, we all saw that. Now the industrial manufacturing division also ready to give a good +ve move. Reasons for going long in Bharat Forge-> 1. Give a breakout from descending triangle. 2. Retest after breakout. 3. Also takes support from golden zone i.e 0.5-0.6 fib zone.
After sharp fall in NIFTY FMCG, finally it show some support in previous two days. Now, We can go long in Tata consumer and the reason for that is :- 1.> Taking support from long and major trendline. 2.> Support from fib 0.6 zone{if we calculate from previous trendline support} also support from fib 0.5 {when calculating from the resent zone}. 3.> A good...
Reliance Industries is one of the most heavyweight and most recognize stock of nifty50. I am analyzing reliance from last 2-3 weeks and i found above patterns and each patterns perform very well. Now Reliance is in a ascending triangle also from last couple of days overall market sentiment is confusing, so trade the breakout side with proper stoploss and...
Inverse flag (wedge reversal) breakout in buying side. Also metal sector are performing well in past few days. Go for long.
bank nifty forms rising wedge. trade the breakout side.
HUL is at support if sustain go long or vice-versa.
head & shoulder pattern formation in ongc. entry if 115 break for the target of 120
descending triangle breakout in bank nifty. if face resistance then short
tata motor is inside a parallel channel. trade the breakout side.
tcs is inside a symmetric triangle. trade the breakout side
ongc makes head and shoulder pattern target and stoploss are given in chart analysis.
infy made symmetric triangle . trade the breakout side.
Asian paint forms symmetric triangle. Trade the breakout side.
tata motor is ready to give a breakout. trade the breakout side.