This is a weekly chart and the stock consolidated for a really long time in a very narrow range. Since the breakout from the consolidation, the stock has been in a fantastic uptrend with great buying volumes (indicated in the chart) . Please like and follow. NSE:SUBEXLTD
ONGC is testing a resistance that it has tested quite a few times before. Will it break it? Signs show that it most likely will because it is trading with above average volumes. Go long if the resistance is decisively broken. Please like and follow. NSE:ONGC
TCS trained in a well defined range for a few weeks now. Volumes indicate consolidation too. Please like and follow. NSE:TCS
Trident has broken a resistance with great volumes. The trend line on the up side was tested multiple times and this time the breakout seems successful. Volumes, resistance and breakout indicated in the chart. Go long. Please like and follow. NSE:TRIDENT
BHEL has closed above its previous 8 weeks with very convincing volumes. If we are to go by the 4-week rule, this could be a great opportunity to go long. Good strength in the stock. Please like and follow. NSE:BHEL
I have posted about ITC multiple times and today all the targets were achieved. Here is what I think the next resistance will be for ITC. PS: Please look at all my ideas on ITC. Please like and follow. NSE:ITC
Coal India has seen very strong support around these levels. For the one time that the support was broken, the stock good weakness. This could be a perfect price to take a trade. If it reverses from the support, go long with a stop loss just before the trend-line. Please like and follow. NSE:COALINDIA
Adani Port is testing its long term resistance again. Could be a huge move if the resistance is broken. Please like and follow. NSE:ADANIPORTS
Exide industries has not really decisively broken this resitance on previous attempt. Could this be the time it breaks the resistance. Go long if the resistance is broken either by 1.5-2% on daily close or there is a confirmation candle in the next session. NSE:EXIDEIND Please like and follow.
Buy if the the there is a bounce back off the support trendline. NSE:SBIN Please like and follow.
NSE:BANKNIFTY
NIFTY seems to be in a consolidation zone right now. Trading within the ranges shown by the rectangle. NSE:NIFTY Like and follow.
IPCA labs has tested support again which it has managed to bounce off before. This time too, it has reversed. Can go long here. Right levels to enter. Please like and follow. NSE:IPCALAB
It has tested these levels numerous times before but always failed to break the resistance. NSE:JKPAPER Please like and follow.
Reliance is breaking down from a trendline where it has previously taken support. Reliance has also announced that it is done with inviting investors to pump money into their retail business. Sell here. Please like and follow. NSE:RELIANCE
Dabur has tested the same trendline numerous times and this could be a great entry point to go long in the stock. NSE:DABUR Please like and follow.
Asian paints has taken a support at the indicated trend-line numerous times and it has done the same this time too. This should be a good entry level. Go long in Asian Paints. Like and follow. NSE:ASIANPAINT
One of the principles of technical analysis is "ride the momentum". This stock has been in such a massive uptrend. This is a stock for both investors as well as traders. Ride the wave guys :) NSE:ADANIGREEN Like and follow :)