this scrip is religiously following this trend and today it resides at its support . can consider this in your watch list!
the price has been consolidating for a while and now at its core levels. enter appropriately as and how the market reacts . but enter only with a very minimal stop loss as the momentum could be high
wait for the downtrend support to be broken and take trades accordingly! . target could be till the channel top
just set your positions as per how the price reacts . breakout or breakdown
look for taking long positions only if the price establishes a good support . in weekly timeframe it looks good but its better to wait!
reliance is currently trading in a precise range . look out for proper opportunities!. i'll better suggest intraday to swing to this scrip
after a good bullish move in 1day tf . price is retracing for the last three days( currently residing @ the support of 1hr tf . hope it shoots up! .
price is currently consolidating . good to go long after a breakout . keep SL below the support trend
again it has started consolidating . so consider going long only in small caps as their beta will be -ve now
its for purely educational purpose!
my top picks for this week is as follows . (probably won't enter by Monday itself . coz i dont know how the market plays out for the new sebi rules) Amarajbat - those things falls right in place very neatly! . just make right entry Hercules Itc Bandhanbank Nbcc Dr reddy Irb Infibeam Sunpharma
After a huge profit booking @ 31st of august . the price started travelling to touch its support and has got a good support and now it has retraced a bit . good to go long if that 1hr support line that mentioned in the chart breaks nominally. if theres a big move tomorrow then ignore this stock as your SL will be big !
the price was consolidating for some time after the breakout . can try entering after the zone mentioned in the chart is broken but with only a minimal STOP-LOSS A 3:1 RRR will be fine but scale out whenever opportunity is presented!
the price seems to be forming a triangle pattern for sometime . can go long if it forms a good bullish candle target is as mentioned in the horizontal line . but only enter with a minimal SL setup
you can try entering if it presents a good bullish candle . keep STOP-LOSS below the support line target as mentioned in the rectangular zones
price has been driving along in that channel for months and now resides at its support with a good bullish hammer candle . can be considered for long with a very stringent SL and target can be till the weekly resistance mentioned by the downward trend line .
price is looking for a breakout . but enter only after proper confirmation (as the bank stocks looks a bit week ) . give it some time and decide accordingly!
price is getting consolidated for a while . can be mostly considered for intra day purpose (coz the banking stocks looks a bit weak) . most probably there can be a break out!