NSE:TATACOMM - looks like we have a confirmation of triple bottom today - SL is defined. Book profit as per capacity.
Technical analysis of NSE:NIFTY 1. W formation 2. Morning star on the second leg and the confirmation happened on Friday 3. Negative divergence 4. A lot of PE additions at 18000, 18100, 18200 indicating bullishness. Target and SL marked on the charts, so, keep your capitals safe!
NSE:ICICIGI - I've entered with half quantity (SL defined already) - will add the remaining half, when resistance zone (highlighted with yellow parallel bars) breaks 🚀 P.S. Profit booking as per capacity 😅
NSE:MARUTI - Negative divergence on a support - Waiting for a higher high formation. Target one would be neck of W pattern and Target 2 should be the starting point of W.
NSE:APOLLOHOSP - Hourly volumes looks good to confirm breakout. Also, notice the Inverted Head & Shoulders pattern - Could be a big move 🤞🏻. SL being low of right shoulder - Keep in mind! Take risk as per capacity and same for profit booking - my idea is to try to book 10%. Update: I wait for hourly closing above resistance zone!
It looks like an inverted Head and Shoulders pattern in NSE:BANKNIFTY on hourly timeframe around 39K (whole number level). What do you think? If this is a short bounce, then, it should touch 40K in this expiry - technically. P.S. I took a Bull Put spread 🤞🏻
NSE:DABUR is taking support from a weekly support zone. If it breaks the current consolidation, it could test the near high, giving a 1:3 Risk: Reward ratio if traded via cash segment in swing trading. 🤞🏻