Is Bajaj Finance ready for a fall!!!!! Head & Shoulder pattern formation @weekly time frame Expected target: ~550 Disclaimer: Study only for Educational Purpose. Please Consult SEBI registered Financial Advisor for any Financial Advice/ Decision.
Nifty current price 22147. Touched 21801 intraday. Unless 21801 is not broken on closing basis, there is a pre election rally which will take Nifty to 23500.
This presents an attractive opportunity for swing traders to capitalize on the potential uptrend in Motherson Sumi Wiring India , a subsidiary of Motherson Sumi Systems Limited and a leading manufacturer of wiring harnesses and other automotive components. Reasons are listed below : Strong Resistance Turned Support : The price level of 65-67, previously a...
Consider a promising swing trade opportunity in Anupam Rasayan India , a leading specialty chemicals manufacturer. Reasons are listed below : Strong Support Zone at 800-850 : Anupam Rasayan India has a strong support zone established at 800-850, indicating significant buying interest and potential reversal points. Hammer Candle on Weekly Timeframe : The...
NSE:UNIVASTU One Can Enter Now ! Or Wait for Retest of the Trendline (BO) ! Or wait For better R:R ratio ! Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low. 2. R:R ratio should be 1 :2 minimum 3. Plan as per your RISK appetite and Money Management. Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Zyduslife on daily time frame has made pattern based on popular shampoo brand "Head & shoulders". Or it can be called as cup n handle also. If we calculate depth of the pattern then upmove of 12%, above 670 looks achievable. I have gone long at the retest of breakout level at 675. Once 730 is achieved I will book 2/3rd qty and for the remaining qty will pust cost...
Patience bears sweet rewards. Ashok Ley has been testing lot of patience but the time to reap rewards has come. With a SL below 160 one can go long for a target of 250.
Hindalco made a quick retest of 496 which was a important QM Level on weekly chart and has shown reversal on LTF. Time to go long with T1 - 625 T2 - 712 T3 - 835
Dalmia Bharat. Expect price to go to 2440 and see reversal pattern for short. 2481 is SL from there. If 2480.90 is broken, that's a signal to go up.
NSE:MOTHERSON One Can Enter Now ! Or Wait for Retest of the Trendline (BO) ! Or wait For better R:R ratio ! Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low. 2. R:R ratio should be 1 :2 minimum 3. Plan as per your RISK appetite and Money Management. Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Below mentioned points are discussed in my post analysis video(Fast forward to 0:54 for Hindi Audio) -No Trades in the morning -No Volume Structures in Nifty before 10 -Nifty below Day high was the trigger to Sell;Skipped Buying -How will i trade when market opens tom
I'll admit, I love almost everything about this price action. Everything speaks of strength. At first glance, It looks like a beautiful setup, Doesn't it? Now this is why you don't 'INVEST' in a company before looking into its financials. - Comparing FY 2020 to FY 2023, a. The sales grew by a total of 10 Cr. b. Trade payables piled up from 3.5...
The chart is self-explanatory as always :) ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too...
🎯 The chart is self-explanatory as always. 🎯 After 2.5 years of consolidation, The price broke below the 500 level. 🎯 The price is below the 50,100 and 200 DEMA & WEMA 🎯 Looks like tough times ahead? 🎯 Immediate support is marked. What do you think of this price actin? Comment below... ⚠️Disclaimer: We are not registered advisors. The views expressed here are...
Hey There, - Like always, The chart is self-explanatory. - We saw a triangle breakout which happened very close to a crucial resistance zone that acted like one. - This is one previous support that turned crucial resistance - Previously, the price has fallen 3 times after testing this level. The fourth time's a charm? - We see a good consolidation at the...
Emotions play a significant role in trading and can have a profound impact on decision-making and overall trading performance. Here are some common emotions that traders experience and how they can influence trading behavior: 1. Fear: Fear is a powerful emotion that often arises when traders face unexpected market movements or potential losses. It can lead to...