Technically speaking, Angel one has been forming a higher high and higher low structure for some time now so two types of trades can be initiated here: one is buying the stock when it closes above 1660 with stop loss at 1630, targets of 1720 and 1765 which is also the 1.618 fib ratio. However, this should only be done if there’s confirmation from volume as well as...
After being one the star performer of 2020 -2021, the stock underperformed for 6 months. Now the tide has turned again and the stock broke of its all-time high around 2070 and which has now turned as a solid support and has been tested multiple times. The breakout looks more genuine and there are multiple triggers that hint the same
Technically one can buy the...
Godrej Consumer Products made a massive run in the 2020 -2021 period and made an all-time high of 1138. But post this the stock was in downtrend and corrected 40% from the top. During this correction the price had formed a strong support around the price Level of 690 which happens to be 0.618 Fibonacci retracement level. A large base is confirmed and hence the...
Escorts Kubota has a picture-perfect chart all along. Notice the series of higher high with nice phases of consolidation from time to time. This shows that the bulls are strong and were just taking a breather before the start of an another upward move.
Technically it is forming a higher high lower low structure which indicates that the stock is in uptrend and it...
Tata Motors gave a multifold return in the 2020 -2022 period and now for a year it had been in a ranged phase. The stock is a perfect example of how an ideal correction should be in an uptrend. During this correction the price had formed a strong support around the price Level of 370 which happens to be 0.618 Fibonacci retracement level which had been tested...
Technically it is forming a lower high lower low structure on a lower time frame which indicates that the stock is in downtrend and with this it is also forming head and shoulder formation with the head exactly at 2.618 fib ratio. Thus, taking a short position is more favorable than long ones due their higher probability rate for success here according to these...
Technically it is forming a lower high lower low structure which indicates that the stock is in downtrend and with this it is also facing a downward resistance trendline and this can be seen when the inverse head and shoulder formation was formed and it failed to break through the trendline and thus eventually created a false breakout. Thereafter we can see an...
Technically speaking, Persistent System has been in an upward channel for some time now so two types of trades can be initiated here: one is buying the stock when it closes above 5000 with stop loss at 4900 and targets at 5250-5400-5500. However, this should only be done if there’s confirmation from volume as well as closing filter applied for 2 bars closing...
As one can see there is a triangle patterns formations one can either go bullish or bearish according to the markets , if nifty opens gap up then target could be 133 and if it opens flat ,or gap down the target
Could be 122 that is exactly around 200EMA. This is for educational purposes only ,Do your own research before investing.
This pattern is found in a uptrend . According to this pattern the stock can achieve a target of 1855, with a stoploss of 1930. The stock has broken its 50EMA support and can go till 1855, 1815 which is the 200EMA Support. Only for educational purpose .Do your own research before investing.
This is for educational purpose only .
One should consult his advisor and should take decision if they want to invest .
As one can see there’s a Ascending triangle and a channel breakout.
One can buy at Current price of 1457 with a target of 1500 , 1525 and sl of 1350.
Do make sure to drop a like if you like the content.
