kapilvaidya1

kapilvaidya1

M& M looking good as retracing from Monthly resistance, One can initiate short once the previous day low is broken at 490 with SL of 510 for target of 470-450

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Monthly Resistance Breakout can be seen, you can initiate long on cross of previous day high for target of 1270

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ACC looks good for Intraday Long if crosses previous day high i.e 1305 , target 1335

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Its comfortably taking support on Monthly Support zone, can go positional long as shown in charts, Target 2700

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As shown in charts, nice pullback can be seen, tomorrow can short for intraday

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Once can go long Setup is confirmed after last week candle high 900 is broken with stop loss of 855 for a target of 980

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PVR has formed a weekly hammer 3rd week of May 2020 along with confirmation of previous red candle (second week of may) The current weekly candle is green which confirms and completes the pattern Once can go positional long on cross of 910 last weekly candle high with stoploss of 815 for a target of 1050 i.e Monthly Resistance

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Can short Sell on opening if below 890 for target of 805/804

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As shown in charts, Bajaj Finserv formed a weekly hammer pattern, confirmed with previous red candle. The pattern is confirmed as per 33% body formed and balance Wick. Now the best way to trade this opportunity is if the current week candle crosses 4440, which is the hammer candle high confirms the pattern Probable Target is 4740, i.e immediate resistance

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After Crossing below 430, Shooting Star candle stick pattern will be confirmed as stock is trading near monthly resistance

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On cross of 620 levels, as a very nice healthy pullback will be confirmed Monthly Resistance breakout will also be confirmed. One can easily go long for target of 690-700 without any hurdles

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As shown in charts 1) Currently trading Near Monthly Resistance 2) Inside Candle Formed 3) Negative Divergence Spotted If breaks 609, One can wait for target of 580 or more

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As clearly shown on charts, Mindtree is currently facing weekly timeframe resistance 1) Momentum loss clearly seen 2) RSI below 60 3) Double Top Formation 4) Negative Divergence seen on daily charts Confirmation of the pattern if 880 Broken, One can enter into positional long for a target of 730

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Go long for target of 1640

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Go long for Breakout, one can wait for a pull back also on lower time frames

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Just posted chart for learning purpose, please note the retracements levels bounce from key levels. How stock behaves at key levels marked to form price action on downside when the latest swing was marked using fibonacci retracement After Forming W Pattern at bottom, confirming through RSI Divergence, 1) First Retracement to 38.2% levels, then came down 2)...

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Stock should bounce from from 1570 levels and after crossing 1600 levels, one can go long for a good upmove

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If 2000 Level breaks, it may give positive divergence failure, can give good risk reward ratio once confirmed at least 400-500 points Final Target if 2000 breaks 1600 levels are easily achievable