yndesai

yndesai

Yes. ! Super trend. If we know how and where to use this indicator, you are sure about getting very good trade. It ensures 1. Low risk 2. High returns and at times real big trend So how to use it? 1. Prefer larger time frame to avoid noise. I use weekly. 2. Once super trend is green wait for pullback towards super-trend. 3. When supertrend acts as...

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Many times it is not easy to spot the pattern in candle stick. So comes handy to view charts in line format. Also to have a satellite it is better to also keep track of monthly chart. We can see there is clear triangle breakout in this line chart. One can even consider it as a Pennant at this scale.

yndesai

Maruti ready to fly to new highs. Earlier lifetime high of 10k has now become support and there is positive momentum. We can see good retest of supertrend also.

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Based on ascending triangle pattern breakout target of 32k is possible. We can see very good setups of supertrend playing out here. SL 22K

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There is clear higher lows formation seen after about 2 yrs of correction phase. 20ma and 50ma on weekly charts have started showing upward direction. Buy above (600 levels) is good resistance level. Targets and SL are on charts. As I see lot of new followers thought of adding Caution Notes: Try to learn the concept instead of looking for tips. ...

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After giving all time high of 335 levels we have retest of the same level. Its taking regular support at 50ma. SL T1 T2 on chart

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Here there is breakout and retest of all time high. Supertrend retest also seen Good low risk entry possible.

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If this is wave 3 than next 2yrs we can expect a stronger bull run... Wave 2 was a shallow correction so expect a deep and sharp correction in wave 4. This may come after june 2024. There is longer term cycle also playing out which can be seen in linked idea...

yndesai

Yes. ! Super trend. If we know how and where to use this indicator, you are sure about getting very good trade. It ensures 1. Low risk 2. High returns and at times real big trend So how to use it? 1. Prefer larger time frame. I use weekly. 2. Once super trend is green wait for pullback. 3. once price reverses from nr super trend enter. (I would wait for...

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A good reversal breakout in Divis lab. long time resistance of 3900 is now broken a very favorable risk reward setup for long position. SL and targtes on chart

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A very good risk reward setup in Ashok Leyland... All time high is broken and also retest done. Also it is taking support nr weekly 20sma. It will show good momentum once new all time high is made.. Tentative SL and target marked on chart.

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Time for caution in Small cap index. We are at 3.618 Fib extension level. When we attempt to do wave count we can likely see end of wave 5. Also we can clearly see RSI divergence here. While it will not be good idea to buy at these levels. it is better to look at pocketing some profits.

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After long under performance L&T is going to get re-rated and likely to give a dream rally in next 2yrs.. even 7k may be on cards..

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Nifty / USDINR chart gives idea of how indian market has behaved in terms of international valuation. When we see long term chart, we can see that Nifty has not made all time high in terms of USD, we also see that a significant top provided resistance at later date. Considering this will we see resistance after another 5~7% move in nifty. Let's observe how...

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After consolidating for more than 1 year Tata Elxsi now seems ready for next upmove. Good technical signals are 1. Resistance of 7150 region is acting as support 2. 20 and 50 moving averages are rising and giving support T1, T2 and SL are no chart.

yndesai

Risk in simple term means possibility of unexpected outcome ie "Something happens as A Surprise..!". Surprises are positive as well as negative. Negative surprises are known as risk. However, positive surprises are opportunities So we must always speak our risk and opportunities at same time when discussing risk. We invest in risky assets for positive...

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Good opportunity for next 6 months holding. 20SMA started to rise hinting of correction is nearing completion. Target can be 7000 which is all time high. SL 4400 can be considered

yndesai

Polycab has given very good rally. Now we can see that on monthly chart it is trading at very far from 20sma. On daily it is showing breakdown of rising channel. It is now likely to go in consolidation/pullback phase.