IGL is trading within long term channel and above 200 EMA most of the time. It came below 18th Oct but again looking for inside 200 EMA if close above 200 EMA then whatever pattern was there for IGL same will get repeat again. Its slow moving stock and like buy and hold
UPL chart is looking good for short term trades 1) breakout from descending trendline means trend has changed 2) above 200 EMA 3) ROC looks good
Banknifty is in bullish trend for next 2-3 years Rising Channel breakout Target would be width of rising channel Its monthly breakout so effect you will get after 3-4 months
Zeel is looking good as per MA trend analysis and ROC support near zero.
Ibulhsgfin can reach 250 area in short term crossing that then looks good for mid term price would be 300
Long Ashokley is looking good for target 142+ SL 124
Coalindia having weekly breakout Long term chart looks good with strong fundamental and technical chart Regular dividend payment company
Auropharma option strategy trade Short 740 CE 2 lot Buy 760 CE 1 lot Buy 720 CE 1 lot SL for trade when Price goes above buying strike.
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This analysis is based on Breakout retest and Diversion in Price and RSI I have seen this 1 hr of time frame whenever diversion is there after breakout a consolidation will happen and same thing might get repeat here so small correction and then distribution will get start. Upside is limited. Commodity are cyclic in nature. SL 391 Target would be below 370
I have drawn here support and resistance line with candle stick chart. Near 1555 is support which is mid term support line . And saw that there is price resistance in same zone previously with charts and if break that level in downside then we can see some good correction n hdfcbank. If you see candles last 5 days lower high formation is happening means downside...
Nifty Short analysis: 1) Rounded Top 2) Over stretched in one direction 3) Seems Price correction rather time correction or sideways 4)Technical Indicators also suggesting some good falls 5) Channel Top reached
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HDFC after long consolidation of 8 months looks bullish near breakout of descending triangle. But immediately it got resistance after breakout and breakout retest happened. Chart pattern and technical indicator is suggesting money flow inside HDFC hence will be bullish in mid and long term. as consolidation happened long like 8 month so breakout move will also...
Niftybees long term weekly chart is looking good Weekly chart is in upward slope Technical indicator is positive You can do monthly SIP in Niftybees if you don't know stock market fundamental and technical analysis. 10 years target is 2-3 times from current market price.
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Analysis posted on chart if you like the analysis hit the like button and subscribe the profile to get more updated on ideas and scripts.