Analyse on monthly timeframe for long term
good trade oppportunity to invest for long time
there is clear breakout and retest of level on fibo support 0.618 and trend line support after that goes in flow of breakout.
but at 800 level there is strong resistence. so if you are in position then 800 level is very important to see because there is...
Ready to break resistance of *5 month* with *4 time of avg volume* on daily time frame.
If break 1829 then good opportunity to buy this stock for swing trade purpose.
TARGET 1910, 2047
Analyse on daily chart for swing trade
ULTRA CEMENT share form rounding bottom pattern which bullish in nature. after breakout price retested and going with uptrend right now.
Good opportunity to buy above 8029 if price sustain on hourly time frame.
BUY 8029 & above
TARGET 8290, 8619, 8916
Analyze on weekly chart
form ascending triangle pattern and cup and handle pattern on weekly chart. Both are bullish in nature.
We are looking for buying opportunity in this stock.
If BPCL breakout the pattern then good opportunity to buy this stock for swing trade. Keep eye on it because its ready to breakout
Target 547, 581
Analyze on daily chart for swing trade.
Stock is in very strong bullish trend so we are looking for buying opportunity
Form inside bar candle pattern on daily chart and close above breakout level(3333)
Buy above breakout level
Target 3406, 3455, 3557
Analyze on daily chart foe swing trade.
Form inside bar candle in resistance area. If its break upside then gape will be fill toward 1500 level.
SL bellow Breakout candle low
Target. 1500, 1533
If downside break then levels will be provided after breakdown
Analyze on weekly chart for long term trade.
KOTAKBANK form falling wedge pattern after bullish trend. In this case it is bullish in nature.
Falling wedge pattern breakout and retested in last 3-4 candle.
Now its ready to break lower high(1826) which is confirmation of breakout and sustain price above the level.
So if its break 1826 then it will be...
Analyze on hourly chart(swing trade)
Form ascending triangle pattern on hourly chart with strong uptrend.
If its breakout then once again good upside move expected there.
Buy above 1172
Sl **update after breakout
Target 1204, 1247
Analyze on hourly chart
Form inverse Head and shoulder pattern(bullish)
Ready to breakou t H&S pattern. If its breakout and sustain then good upside move expected from this zone.
Buy above 4990
Target 4630, 4665, 4750
SBI form rising wedge pattern which is bearish pattern.
if sbi break 418 then it will be fall to 399. SL is be breakdown candle high+1
SL update after breakdown
if SBIN support on rising trendline(lower trendline) then stock will be touch uper trendline which is 465 level sl in this condition bellow supporting...
Analyze for long term trade on weekly timeframe
HCLTECH form flag and poll pattern on weekly chart which is bullish in nature.
if stock break 1056 then breakout of this pattern and buying opportunity there.
Target 1180, 1363
In uptrend with trendline support on daily chart. Fibonacci target 1.618 level achieved here and stock made inside bar pattern.
we are taking inside bar pattern as our entry point because it is form on resistance level.
so if break and close above 216 then is buy for 247. SL 201.
and if its close bellow 201 then sell for 183. SL 210.
ANALYSE ON 15 MINT CHART
Banknifty form inside bar candle pattern on 15 mint chart.
if break and sustain 35555 then buy 3500PE target in this case 35425.
if break and sustain then 35655 then buy 35700CE target in this case 35800.