I have found a trend reversal signal as the price has crossed below monthly CPR. if it fails to sustain above CPR, it may reach back to the price level of Rs.1540. What do you think? RISK NOTICE: The risk of loss in trading stocks, futures, forex, and options is substantial and losses may exceed initial investments. Past performance, whether actual or...
In this chart, I have found AUBANK is a bullish formation. If this stock able to sustain on the mentioned support zone, I am expecting an up move for 20% profit in a couple of months. Note: This is my personal view only and not a recommendation.
After a healthy correction, Bosch is trading at a support zone. Now there has two possibilities as per the chart. Price may consolidate in the red marked zone to gain strength and take a reversal to uptrend A double buttom (W) pattern may seen in near future which has an estimated up move of more than 10%
I am bullish on BEL until it stays above yearly CPR. This is my personal view and sharing only for educational purpose. Please trade on your own research and responsibly
I am bullish on Coal India until it stays above yearly CPR. This is my personal view and sharing only for educational purpose. Please trade on your own research and responsibly
First of all, let’s understand the longterm view. Here is the weekly candle and the 3 lines are CPR (Central Pivot Range). A basic yet powerful rule that a stock is bullish untill it stays above CPR and bearish when come down under the CPR. Well, these are yearly CPR and you can find that the stock was bullish since 2015 (as captured in the image). Price took...
Have a look at the yearly chart (weekly candle) to understand the long-term trend of Adani Power. As per the chart, it is completely bearish this year. As analyzed, this may fall into the yellow zone. Here are two colored boxes, all right. * Yellow Box: The price may need support in the zone. * Red Box: A zone for hot sellers Following a sharp decline, the price...
What do you think? Let me know. Also, don't forget that it is a simple analysis only and not a recommendation. Please do trading / investing with your own respnsibility. This post is only for educational purpose.
Asian Paints is trading on its important support zone. If sustained on this level, I am bullish for mentioned targets. Otherwise it may fall below mentioned zone.
I am very bullish on Axis Bank when it able to sustain above the important support zone. Once it starts to go upside, here is my first target to achieve.
I am bullish and expecting an up move from Eicher Motor. I am looking for 3 target areas as mentioned in the chart. Please note, this is not a recommendation. Please trade with your own research and responsibilities.
In this chart, I have found a breakout on Apollo Tyre. price faced resistance the market zone on Sep and Nov. Hence, these zones are now to be treated as important support zone. But still it is a simple analysis only and not an recommendation. Please do trading / investing with your own respnsibility. This post is only for educational purpose.
Here are the important levels for Tech Mahindra Monthly Chart - 40% Down from All Time High Weekly Chart - Stock under accumulation phase. Also trading the low area of 2021. Daily Chart - Slowly creating higher low
In this level Apollo Hospital has taken support several times.