BUY ABOVE - 22230 SL - 22190 TARGETS - 22270,22300,22350 SELL BELOW - 22190 SL - 22230 TARGETS - 22160,22120,22070 NO TRADE ZONE - 22190 to 22230 Previous Day High - 22300 Previous Day Low - 22160 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
AXISBANK has broken out bullish from a bearish channel, suggesting a potential rally ahead. Additionally, there's a chance of an inverted head and shoulders pattern forming. However, confirmation of this pattern requires waiting for a bullish breakout at the key level.
BUY ABOVE - 47900 SL - 47730 TARGETS - 48050,48220,48460 SELL BELOW - 47730 SL - 47900 TARGETS - 47560,47400,47200 NO TRADE ZONE - 47730 to 47900 Previous Day High - 47900 Previous Day Low - 47570 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
BUY ABOVE - 22300 SL - 22220 TARGETS - 22350,22420,22470 SELL BELOW - 22180 SL - 22220 TARGETS - 22130,22070,22020 NO TRADE ZONE - 22180 to 22270 Previous Day High - 22270 Previous Day Low - 22070 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
A potential swing trade opportunity in Syrma SGS , a notable player in the electronics manufacturing industry. Reasons are listed below : The stock exhibited resilience as it rebounded strongly from the 450-500 support zone, suggesting a false breakdown and indicating underlying strength. A hammer candlestick formation on the weekly timeframe signals a...
The NIFTY50 has indeed followed the projection I made last week, confirming the breakout on the channel we identified. Now, I anticipate a continuation of the bearish trend towards the lower support level. This retracement should provide a significant pullback from the current bullish momentum observed on the hourly timeframe.
BUY ABOVE - 47900 SL - 47730 TARGETS - 48050,48220,48460 SELL BELOW - 47730 SL - 47900 TARGETS - 47560,47400,47200 NO TRADE ZONE - 47730 to 47900 Previous Day High - 47900 Previous Day Low - 47000 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
BUY ABOVE - 22130 SL - 22070 TARGETS - 22180,22240,22300 SELL BELOW - 22070 SL - 22130 TARGETS - 22020,21960,21900 NO TRADE ZONE - 22070 to 22130 Previous Day High - 22130 Previous Day Low - 21820 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
ICICIBANK has experienced a bullish breakout followed by a pullback within the confines of a bull flag pattern. The recent reversal, respecting the upper boundary, suggests a potential retracement within the current bullish trend. Should the breakout occur as anticipated on the chart, a price decline towards the highlighted key level is conceivable.
TATAMOTORS might establish a fresh peak provided there's ample volume to breach the highlighted resistance zone. Therefore, it's prudent to monitor this level closely for either a breakout or confirmation of a reversal, which will determine the stock's future trajectory. A decisive breach of the resistance could propel it to a new high, potentially surpassing...
BUY ABOVE - 47560 SL - 47400 TARGETS - 47730,47900,48050 SELL BELOW - 47400 SL - 47560 TARGETS - 47200,47000,46800 NO TRADE ZONE - 47400 to 47560 Previous Day High - 47900 Previous Day Low - 47400 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
BUY ABOVE - 22070 SL - 22020 TARGETS - 22120,22180,22240 SELL BELOW - 22020 SL - 22070 TARGETS - 21960,21900,21850 NO TRADE ZONE - 22020 to 22070 Previous Day High - 22120 Previous Day Low - 21960 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
SBIN has been on a robust bullish streak, indicating a possible retracement or correction phase in the near future following its recent rally. There's potential for the price to consolidate within a formed channel before potentially breaking out bearishly, supporting a bearish outlook.
BUY ABOVE - 48900 SL - 47400 TARGETS - 48050,48220,48460 SELL BELOW - 47400 SL - 47560 TARGETS - 47200,47000,46800 NO TRADE ZONE - 47400 to 47900 Previous Day High - 48220 Previous Day Low - 47400 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
BUY ABOVE - 22070 SL - 22020 TARGETS - 22120,22180,22240 SELL BELOW - 21960 SL - 22020 TARGETS - 21900,21850,21800 NO TRADE ZONE - 21960 to 22070 Previous Day High - 22300 Previous Day Low - 21960 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
There seems to be a strong breakout in CASTROL IND . This could potentially be an excellent swing trade. Reasons are listed below : Multiple tests on 161 levels and finally the price broke these levels with high volumes. Marubozu candle (bullish sign) on weekly timeframe. Breakout after a strong consolidation of 5years . Stock price is above 50 and 200EMA...
Fortis Healthcare , a leading Indian healthcare provider, presents a compelling opportunity for swing trading. Reasons are listed below : Breakout from Key Resistance Zone : The 450 level has acted as a strong resistance, being tested multiple times. The price is now breaking out of this zone, indicating strong upward momentum. Bullish Engulfing Candle on...
BUY ABOVE - 48220 SL - 48050 TARGETS - 48460,48660,48800 SELL BELOW - 47900 SL - 48050 TARGETS - 47730,47560,47400 NO TRADE ZONE - 47900 to 48220 Previous Day High - 48220 Previous Day Low - 47900 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...