price made good breakout and also holding perfectly looks good here if you want to invest stop loss at 330
Hi Traders, This stock has made a higher high in the 15m time frame. The short term support for this stock is at 215.15 and 211.55. We have the golden zone between 208.60 and 205.70. You can use any strategy to enter at these levels. We dont recommend a blind entry at these levels without confirmation. A chart pattern in the 1m timeframe at these levels can be a...
Breakout point : 1000 rs will add here once we break above
Huge trend line breakout candidate to see a huge upside
What is hit and run trade ? 1.Got very good partials when it was trading at high's. 2.It hit my target , I took my partials . 3.Stock went back to it's stop loss. 4.If I would have not taken partials at right time , I would have ended in loss. 5.Got out when the stock hit it's stop loss.
DATE: 30 AUG 2020 INSTRUMENT: BHEL TIME FRAME: WEEK FOR CONFIRMATION: DAY INDICATORS USED: PARABOLIC SAR: BELOW CANDLE - CONFIRMING BULLISH TREND STOCHASTICS: FAST LINE CUTTING FROM BELOW - CONFIRMING BULLISH TREND ICHIMIKO: PRICE ABOVE TENKAN SEN AND CLOSED CROSSING SPAN A - CONFIRMING SLOW UP MOVE FOR A TARGET OF 54. RISK DISCLOSURE : Technical...
Centurytex was trading range bound for a couple of months with the channel shown in chart. With festivities around the corner expect some surge in textile sales and chart shows some channel breakout today. One can initial a fresh long on this counter. Centurytex published a bad quarter last time, expect some changes in this quarter on the next one. First target -...
NSE:ABCAPITAL ABCaptila on daily chart showing strenght to move up. Near 68.4 it will face some resistance but it may likely to be taken out. Sl can be kept near 57 There is nothing much to explain about chart its nice and simple. This view is only for Swing trade, Positional, Short Term or Long term. Please do note this is my personal view kindly avoid...
Hi Traders, From the kind of support am getting from my recent publishes, am guessing u want more short term analysis. Or maybe you dont want this kind of technical analysis and its better to stop what am doing and concentrate more on my trading. So this might be the last post on Indian stocks. We have a bullish bias on this stock because of the breakout we had...
Hi Traders, We have a mixed opinion on this stock, but will definitely add to our watchlist. The weekly chart shows that this stock has been in a downtrend since jun 2018, and price is forming a double bottom pattern which indicates the end of this downtrend. The stock price is approaching key resistance point at 209.50, which came in confluence with the inner...
BEARISH RSI DIVERGENCE ON THE DAILY CHART, FORMING AT THE MULTIPLE TIME TESTED RESISTANCE LINE. DOUBLE TOP CHART PATTERN CONFIRMING REVERSAL ON THE DAILY CHART WITH BULLISH ENGULFING SIGNALING GOOD ENTRY REASONS.
Long term Buy around 35 Target 50+ We are not SEBI registered risk reward 100% yours
BEARISH DIVERGENCE WITH DOUBLE TOP CHART PATTERN CONFIRMING TOP WITH BEARISH ENGULFING PATTERN. SELL APOLLO TYRE LTD AT 130.52 TARGET 121.60 STOP LOSS 135.00
NSE:ADANITRANS Daily chart is bullish. 280 is one hurdle but it will be taken out soon. expecting from 340 here within month or two.
NSE:IOB Well IOB will face Resistance at 13.75 as per weekly chart and then it will go for 17.3 and then 28.4. one can keep trailing above T2 This view is as per weekly chart so keep in mind holding period must be minimum of 3 Months.
The stock has been continuously going up for some time in an aggressive manner and has reached the previous high (supply zone) ... . Shooting star pattern has been formed though the upward wick is small Expecting a healthy retracement till 240 level when crosses 270 mark while going down Trading Strategy: Safe : sell PE above 290 at good cost ... AUG and SEP...