this_is_shoaib

this_is_shoaib

Deepak nitrite did a healthy correction of 36.2% from last swing high and tested the 200 MA , now it has bounced back from the daily demand zone. 200 MA support Confluence area bounce Daily demand zone support RSI coming to bullish Zone. MACD recovering from bearish zone. BUY ABOVE - 2365 Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on...

this_is_shoaib Updated 

Indusind bank has came to it's strong demand zone and has bounced back. It has made a Double bottom. Swing failure can be seen. MACD above signal line RSI just below 50 Volume slightly above average Buy above 870 Targets mentioned in the chart above Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks....

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Asian paints has taken support of the possible triple bottom Bounced from 200 MA Sitting on demand zone Above flip level Healthy retracement of 61.8% done from last swing high Good volume on previous 2 sessions 7000 will act as a psychological breakout/support. Buy above - 7000 Targets mentioned in the chart above Please LIKE, COMMENT and SHARE to motivate and...

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Axis bank has given a Double bottom breakout Ascending triangle breakout Above 200 Ma cluster RSI looks good MACD above signal line It is on long time support mentioned in the chart as structure break. On weekly timeframe you can see axis bank giving a simple box breakout and can go beyond the targets mentioned for long swing trades. Buy above - 730 Targets...

this_is_shoaib Updated 

Hello guys, trade with caution in these volatile market. Apollo hospital seems to have corrected for now and has taken support on the trendline, going long from here looks like a good trade but with considerable stoploss. We are also anticipating the breakout of the triangle formation. Best buy - 4220 Buy above - 4550 Targets mentioned in the chart...

this_is_shoaib Updated 

UBL is on a multiple time tested support and is also getting several bounces from the 200 ma cluster. A great swing opportunity can be captured for 15%-20% gains On daily tf 1485 - 1500 is a well maintained support and the stock has managed to close above that for several times. 200 MA last resort to bulls and shows a good bounce. Sitting on the BOS & Flip Zone ...

this_is_shoaib

HCLTECH fell with every other I,T giant like wipro & techm but it looks more bearish from here on. All analysis is explained in the chart above. Short below - 1045 Targets will be 3%, 5% & 10% Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades...

this_is_shoaib Updated 

Cumminsind has given a breakout and also seems to have retested it today. Buy above 1006 Targets mentioned in the chart above. Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding. Any comments and critiques will...

this_is_shoaib

Hello traders, this stock has been in my watchlist for a long time now, but for me it's not tradeable right now until and unless it it triggers one of the 2 possible scenario above. Scenario 1 It completes the double top pattern: In this case it will go to the bottom of the long existing channel. Risk reward will be 1:4 200 MA cluster can also act...

this_is_shoaib

Heromotoco has been falling like a meteor in the past months and now looks to have made a bottom It has retraced 50% on the weekly timeframe. RSI is bullish but for now oversold so we might see some consolidation MACD is above the signal line. Bounced back of 50% fib level. Sitting on 200 MA cluster. Buy above - 2841 Targets mentioned in the chart above Please...

this_is_shoaib Updated 

TECHM gave a breakdown from a rising wedge pattern which is a bearish pattern. Most of the time first it gives a fakeout and then a breakdown same happened here today in tehm RSI going weak MACD going bearish. You can make your short positions on a retracement or pullback

this_is_shoaib

Hello traders, I hope you are doing well The setup that I can find in hdfcbank is clearly explained above in the chart. Specific details for the chart explanation The inverse head and shoulder pattern has not yet been completed. The breakout also requires to break the supply zone near 1500 levels. Stock has retraced back to 78.6% from the last swing high. Stock...

this_is_shoaib Updated 

Hello guys hope you are doing good today, in yesterdays post I asked you guys to short TECHM and it ave a good profit in nitraday as it fell more than 40 points and target 2 was hit. Same case with WIPRO, all I.T stocks looking weak. Now speaking of this script that is jswsteel I see that there has been a breakout with good volumes, this once tries to give a...

this_is_shoaib Updated 

Hello traders, dabur has given a breakout with good enough strong candle, and looks that it can go for the upper marked targets. FMCG stocks gave a good move other than dabur but it has a good weightage in Nifty50 so I believe it will give a run now. Stock just crossed the 200 ma. Gave a trendline breakout. RSI in the bullish zone. MACD above the signal...

this_is_shoaib Updated 

Hello guys, as said in the previous posts the I.T sector were looking weak to me and Techm & Wipro hit their shorting targets. Now Voltas here has given a breakout from it's trendline and also now is nearing it's resistance/supply zone which it was unable to break the last two time, if it breaks this resistance it will be a good buy for the upper marked...

this_is_shoaib Updated 

Hi guys, I hope you all are doing well. Tatapower has given a breakout of the upper resistive trendline and all together a breakout of the symmetrical triangle pattern which also looks to be a part of a bigger flag & pennant pattern. Buy above - 230 Targets are mentioned in the chart above The best part is that cnxenergy has recently given a breakout after a...

this_is_shoaib Updated 

The energy sector of our market seems to have given a breakout, it has been in a consolidation for a while now and has shown a healthy correction of 50% according to fib retracement. The pattern it formed was an ideal flag and pole pattern which is a pattern that gives a good momentum when its broken and gives a rally of equal to it's last rally. The RSI stands...

this_is_shoaib

Hello traders, SBILIFE has given a flag and pole breakout, it is better for cash segment but can also be traded in derivatives with a strict sl. It seems in a good run so we have our targets marked but it is an uncharted territory. Buy above - 1260 Targets mentioned in the chart above. Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on...