This is just a small timeframe analysis so can be affected by market's direction, trade accordingly. adanient is sitting on a conversion zone that means either it will take demand and move up and hit the targets which is having higher possibility, or if the trade moves against us we'll have to give just a small stoploss. Please LIKE, COMMENT and SHARE to...
Abbotindia has seen a good healthy correction in last few days. Took support on 61.8% fib, looks good moving up from here RSI above 44 I consider it as bullish MACD above the signal line. Just above the 200 MA cluster Buy above - 18470 Targets mentioned in the chart above. SL below 200 ma, near 17700. Please LIKE, COMMENT and SHARE to motivate and support me....
Hello Traders, the last stock given here i.e Titan is still on the same levels we are waiting for a breakout so we can make a long position. Now speaking of glenmark pharma, this stock is trading in a expanding wedge/triangle kind of pattern there are two trade possibilities to go long on this stock both are mentioned in the chart above so you can trade...
Hello traders, in this week what I can see is that the pharma sector is looking quiet bullish to me and I expect it to give good good results, this might also be a push from the omicron news. torntpharm has broken it's all time high and has given a strong closing above it and still shows signs of bullishness, it means the entry can be taken at current levels or...
PIIND is on the verge of breakout from an inverted head and shoulder pattern, either it can be a momentum trade or you can go long for a swing high Buy above - 3025 Targets mentioned in the chart above. Keep your stoploss intact if it does change into a fakeout due to weak market. Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting...
Hello traders, deepakntr achieved its target when gave a breakout of the H&S pattern in a single day. Next stock I am focused on is lichsgfin, it has seen a good correction in the past weeks and have retraced back to the golden ration or zone. On weekly timeframe it took support on 61.8% fib and bounced back Above the flip level Bounced back from demand zone RSI...
PVR is moving in a channel on a 30m, 1hr & 2hr timeframe. It gave and breakdown of channel but then moved up back into the channel with momentum. Inverted H&S pattern can be seen on place of breakdown. Buy if you see a momentum. Targets mentioned in the chart above as horizontal line on the right.
If you find the post intresting and helpful please like the post and do give me a follow for future trades on stocks & indices. Hello traders, the last trades are performing well Jswsteel made a high of 692 after the breakout but the targets are bigger and we are waiting for naukri to confirm support from trendline. Now Cipla is following its channel type...
Hello guys, the next stock I am watching for upmove is TATATSTEEL. Following a channel pattern, now has touched the lower channel line acting as support, is also on daily and weekly support. RSI is bullish MACD about to turn green. Buy above - 1125 15% upside possible. Targets mentioned in the chart above.
Hello traders another chart that caught my eyes was Mothersumi, I have analysed and traded it in the past. Mothersumi is taking support from it's long-term trendline and also from the existing channel pattern it is trading in. RSI have room for bulls. MACD looks good. Buy near - 210-215 Targets mentioned in the chart above Follow me for updates on stocks and...
Tcs has taken trendline support + previous resistance has been made a support zone. If it breaks above 3555 then it looks good for the above marked targets. RSI is at GOOD LEVELS MACD is BULLISH BUY ABOVE 3555 TARGETS ARE MARKED ABOVE IN THE CHART.
Nifty broke a good supportive trendline and a demand zone today Below are the support levels for upcoming days 17450/17400 16750/16800 Please like and share if you like the idea to support me. Comments and critiques are welcome
Nifty broke a good supportive trendine and a demand zone today Below are the support levels for upcoming days 17450/17400 16750/16800 Please like and share if you like the idea to support me. Comments and critique is welcome