Godrej Properties at crucial support levels Around 1146 is a good reversal point Guys Share your views on this
SBICARDS crossed 50SMA & 20SMA with a wedge pattern breakout on Hourly timeframe Enter long trade above 804 SL- 795 T- 816
MGL likely to trade in between this wedge pattern before breakout or breakdown. Trend mostly indicate breakout but downward retracement is expected as per RSI
CHOLAFIN at Key Weekly Support Level Check for Price action on Hourly & Daily time frame for long or short trade
Analysis Parameters- Trend Line,20 SMA, 50 SMA & Bollinger Bands M TF- Took Support on 20SMA W TF- Bullish Candle on 20SMA D TF- Closing just below 20SMA (20SMA at 2091; closing at 2086 H TF- Above 20SMA For long trade, wait for the breakout over on daily TF over 20 SMA T1- 2136 T2- 2204 For Short Trade, below 2064 T1- 2012 T2- 2000 T3- 1950 Keep a...
Short on Daily Time Frame on 11.10.2022 Reverse flag on 1 hourly Time frame Reverse Flag Details Pole Start (06.10.2022; 10.15AM) Pole End (12.10.2022;10.15AM) Pole target matches with 1:1 Risk reward strategy on daily time frame on 11.10.2022 After trend line analysis and Bollinger band strategy the Risk Reward COMES TO 1 : 4.5 Target- 498 SL- 528 Note:...
Wedge pattern breakout with huge volumes Target 1- 635 Target 2 - 699 Target 3 - 740 SL- 474
Analysis Parameters 1. Parallel channel breakout likely 2. FMCG sector doing good compared to other sectors 3. If sustains above 432, then can reach T1- 455 T2- 466 T3- 495
On a uptrend on daily timeframe even in this bearish market Triangle channel breakout likely on daily timeframe T1- 2207 T2- 2340
W Pattern on Daily Chart T1- 1644 T2- 1671 Can move further up so trail after 1671
Rounding bottom breakout on daily timeframe Target 1- 453 Target 2 - 560
Rounding bottom breakout on Daily chart Positional buy Target- 10000
A bullish candle on 20SMA suggests positive sentiments Target 1- 16250 Target 2- 16380 Target 3 - 16490 SL- 15866
W Pattern Reversal point- 414 If sustains above 525 one can go long trade Target 1- 545 Target 2- 560
W pattern on Daily Chart Based on previous supports and resistance one can enter a long trade Target 1- 2180 Target 2 - 2276
Formed rounding bottom pattern on 4H time Frame If Nifty Sustains above 16067, one can enter for along trade Targets- 16280, 16374
Flag Pattern Breakout on Nifty Chart on 15 Min time frame Target- 16184
A good bullish candle on top of the consolidation zone Target 1- 250 Target 2- 264