Uptrend of EID PARRY Begins. Results of Q1 and Q2 of EID PARRY always beats the market expectations. Results coming out on 9th August. On technical basis, 3 green candles with Closing price above previous day Close price. Currently forming complete bullish engulfing pattern. Hence, change in the trend from downward to uptrend. Ready to move 40%+++ from here in...
CNX Metal Looking Weak Logic: Pure Price Action More bearish if break lower level
As per Price Action, CNX IT is looking solid. Break with triple bottom
NSE:DLF Pure Price Action Long buildup is also visible
NSE:CANBK Technical Analysis: 1. 3 black crows formed at the Top 2. with inverse hammer at the top i.e. HPR-High Price Rejection Note: CMP: 314.70 , if price breaks 312 closing basis on 15 minute chart then take the short trade Open Interest Analysis: 1. 15.4% increase in open interest i.e. increase in outstanding contracts 2. more than 2% fall in...
NSE:BANDHANBNK Technical Analysis: 1. Horizontal line breakout 2. Candlestick stick pattern - 3 white soldiers in downtrend Open Interest Analysis: 1. 15% increase in open interest in a day 2. price by more than 4.4% Hence, it leads to Long Buildup Note: It may come down for a retest but overall bullish
NSE:DELTACORP Open Interest Analysis 1. OI increased by 17+% and price increased by 5+% ---Long Buildup Price Action: 1. Horizontal line breakout at Daily Time_Frame 2. Breakout with Strong Bullish Candle
NSE:RELIANCE Open Interest analysis: 1. Short covering is visible in Reliance. 2. 5 day OI change = -4% and price increase 1.3% Price action: 1. Risk reward ration 3.32 2. Breakout on daily timeframe chart above 2630-- patience: wait for Strong bullish engulfing candle
Pure Price action. Resistance at 3900 Buy trade active above 3910 on a closing basis candle --focus on power candle i.e. bullish engulfing
Pure Price action based on Daily and Hourly TimeFrame chart
Breakout at 200 EMA on daily time frame. Price action by strong bullish candle at 15 min timeframe. RR: 1.4