Price Action currently near Support/Demand Area. Successful close above 163 can take the stock to greater heights. Keep close watch. Monthly MACD cross in action too. March Quarter Profit Looks good too.
Price Action making Lower Low. MACD Cross making Higher Low. Good chances of momentum picking up from here.
Don't see any major movement happening on Nify special live session on this saturday. Lack of volumes are telling, there is huge difference between daily average and today's volume. We will likely travel in the initial balance area of today and close to yesterday's POC.
Stock given break out with volume. 434 below 1day candle closed stoploss. Target -600(26% max Target) Sl-434 (7%) If you need more small sl then add half quantity CMP. Other half at retest area.
Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You...
Railways stocks are back on fire once again... Here is a Glimpse on one promising stock that has good upside left Titagarh Rail Systems - Comparison of Daily and Weekly Chart Patterns 1. Daily Timeframe: Inverted Head and Shoulder pattern - Target 1250 already reached 2. Weekly Timeframe: While the Inv H&S pattern reached its defined target, the price has...
MUTHOOTFIN has reached a crucial resistance level on the chart. The price has respected this highlighted zone, and we should watch closely for a valid reversal or breakout confirmation. Given that the previous run encountered significant selling pressure at this point, careful attention to price action on lower timeframes is necessary for confirmation. A breakout...
Balajiamines on weekly chart nearly to break a 2 year trendline if closes above 2435.Short term target is 2700.Medium term targets will 3000 and 3400 if closes above 2435.
CARERATING is trading within a rectangular pattern or channel. I was supposed to post this one last night and didn't realize today was a trading day at NSE. Entry could be at the bottom of channel and exit at the top end of channel. Could be an easy 7 to 8% profitable trade if done rite. Stop loss can be kept at either end of the channel depending on what...
FMGOETZE looking bullish for shortterm with a target 460 AND SL OF 350 DCB.. cup and handle patern formation.
Nifty opens with gap up and traded range bound throughout the trading sessions. Index made days high which is 22502. Nifty has formed a small body bullish candle on daily chart with upper and lower shadow. MACD is on urge of Crossover. Nifty is able to hold above 22400 so next resistance can be 22556 level with support of 22286 level. Bank Nifty...
Looking really good for a reversal as most of the defense stocks have already given a runup,this one might be the one for a perfect entry before the rally! Pros Daily volumes Bouncing back from 1/1 levels and Gann levels at 1906.7 Trendline BO SL below 1900 and the targets would be the blue levels marked on the chart
Possibility of a double bottom at 1300 seems likely... Looks good to accumulate in small quantities with a stop below 1250 Likely to bounce till 1460. Upon further consolidation, can head higher to 1600+ lvls
Close above 4100 would induce life into the Cup & Handle pattern and let the stock surge. Has the potential for 25% run up from the current level
Dabur can re-test 530... The re-test can be bought only when there is bullish confirmation. As the weekly trendline is tested already for the 4th time, there are bright possibilities of a breakout this time. Tgts are 576, 590. Once it clears 610 on weekly closing basis, 660 on cards...
Appears CUB is ripe & poised for an unruly bullish action. Levels marked on the chart
Stock has been moving in an Uptrend channel ever since 2019... Interesting is the fact that everytime the stock tests the upper trendline of the channel, it has made sure to test 100 EMA . Putting this behavior into assumption, on breach and close abv 1272 on Weekly closing basis, has potential to hit 1370-1400 and might return back to around 1100, only to go...