Bharat forgeHello!! Bharat forge is again a very good stock and in a good uptrend since the crash in the march. a strong support is between 418-422 if it gives above 433 then even higher levels can be seen..... or it can also retrace back.
BSE
ROUNDING BOTTOM LIKE PATTERN IN NIFTY 50NIFTY 50 HAVE TESTED THE 11300 LEVEL AND ANY MOVEMENT ABOVE THIS CAN TAKE IT TO 11500 LEVEL.
ONLY FOR EDUCATIONAL PURPOSE.
SET UP IN ASIAN PAINTSr1- resistance 1
r2- resistance 2
t1- target 1
t2- target 2
only for educational purpose.
REVERSALS SIGNAL IN WIPROS1- SUPPORT 1
S2- SUPPORT 2
T1- TARGET 1
T2- TARGET 2
ONLY FOR EDUCATIONAL PURPOSE
GO LONG VTL SHORT TERM CMP 689GO LONG FOR TARGET OF 732/ 760 / 900
WITH SL OF 660
734 FIRST RESISTANCE
EMA 13 CROSSES EMA 34
MACD BUY
BREAKOUT OBSERVED
TREND BULLISH
BREAKOUT IN PFIZER INDIAr1- resistance 1
r2- resistance 2
t1- target 1
t2 - target 2
only for educational purpose
NIFTY 50 forecastHere the chart is forming a rising wedge pattern which is a bearish pattern that starts wide at the bottom and contracts when price moves up.
BSE Sensex Positional (1-Hour Timeframe) Trading IndicatorPeriod: 04/02/2009 to 20/07/2020.
No. of Points: 1,04,403.
No. of Trades: 674.
% Profitable: 52.37%.
Profit Factor: 1.732
Points per trades: 154.90
No. of lots: 2 (1 lot is partially booked after 750 points which can be customized and remaining 1 lot is in trade until the trend is reversed).
Coal India turning BLACK REDCoal India has been very bearish on Daily time frame and is not able to give price action movement of bullish nature. Thus a recent break of support line and testing its once it is now going to test it second time, though the prob. falls in the second time for retracement but still a price action confirmation can lead us for a short entry.
Give me Green my Lord !Well a lord will help when you set your theory practice right. In the above analysis the pink box was support cum resistance which seems to have become a weak resistance point and can be a point of breakout spurt. Do check the volume for confirmation with price action
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Larsen & Toubro Price at trend line Supportthis is one of the most confusing zone for trader it can easily bounce above the trend line so it can be trap .
don't short at the trend you can wait for retest of this zone and if rejected again than you can short the retest.
for long we can not long the price above trend line ,we have horizontal resistance above and this is good confirmation for long
BSE crossed descending triangle and crossed 200 EMA BSE crossed descending triangle and crossed 200 EMA in weekly time frame it can be bulish share was in down trend since its listed but now it shows the indication of long term investment.
As india is country of young generation and data shows young generation is more intrested in investment Mututalfund/stock and even many new trader listed with many brokers so there will be more trading in future and this share will provide good returns.
This is my personal study i may be wrong but i am going to invest in it :)
Vodafone Idea getting ready for a ride. Don't MissThe most under rated stock is now on its dream run, get ready for the big rally. As per my analysis Its now trading inside the triangle pattern so a breakout to the upside can give target of TP1 - 14.45 TP2 - 18 and TP3 - 23 keep stoploss under 9 as it is the bottom of the flag pattern. Good luck and enjoy the ride any bad news for the stock can ruin the rally but it's less expected keep stoploss and ride.
