BSE
#VEDL #NIFTY #NIFTY50 #VEDANTA #INVEST #EQUITY ##Bullish #WedgeBoth Rounding Bottom And Bullish Wedge formed in #Vedanta ( #VEDL )
The Exponential Moving Averages crossed above
Closing Price of last candle closed above the resistance with a huge increase in volume
Expect a bullish reversal
Final Target will be 140-145
Up side potential high
Return:Risk Ratio High.
IRCTC | Don't underestimate it
IRCTC has been consolidating in a pennant right under the resistance for about 2 months now.
Just broke out of it today, im long IRCTC until it hits 2000. Not selling before that.
Think about it, the Railways are yet to operate in full capacity after lockdown is phased out slowly. Definitely i would expect this piece of art to boost up once the economy is unphased.
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NIFTY 50 LONG ANALYSISNIFTY 50 LONG ANALYSIS THROUGH WAVE PATTERN. MAY BE NIFTY INDEX REACT AS WAVE THEORY
SO I TRY TO PREDICT OF PRICE LEVELS...MAY I WILL B E WRONG BUT I TRY TO GIVE A VISION ON NIFTY 50 PRICE ACTION.
PLEASE COMMENT IN BOX...THAT I AM RIGHT OR WRONG...GIVE ME POWER FRIENDS THOUGH CLICK LIKE BUTTON AND SHARE THIS CHART IF YOU LIKE IT...
TATA POWER | Long it or REGRET!
TATA POWER Formed a bullish butterfly pattern on the Weekly as you can see in the chart!
[*} Easy trade till the 0.382 retracement. Beyond that its your risk. Sell in the red box!
The MACD is also turning bullish with a crossover. Easy 25% Targets!
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Has #TECHM made first Higher Low? If so, big move ahead possibly - Huge Weekly Supporting Trendline
- After Selling pressure, the stock entered consolidation zone.
- Big volumes came in to this consolidation suggesting that it was accumulation.
- Seems to have made the FIRST HIGHER LOW
- Observing HIGHs & LOWs on lower Time Frame to time the Entry.
- Any dip appears to be a BUY
- Buying here could mean buying at the beginning of new Uptrend.
- After Entry, you could consider trailing Stop Loss With EMAs (I use an EMA rainbow) on a smaller swing time frame (I trade 30 min).
All the best!!
Adani Enterprises By simple Support and Restistance ! Hello friends,
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Here we go,
As you can see in the chart at upper-Value Area price is rejected by 2 nd time with strong showing rejection by pinbar that's goods sign of being reversed from this area You can short below arrow line at 146 for Target toward 140-136-130
Thanks
Reliance Industries Trading Setupprice holding the Trend line support really well and Try to make above with good partnership coming which is possible .
But from Technical Side stock need some rest and healthy retracement for price to move upward side .
Breaking this support will send Reliance price to new level around 1300 and holding above will send the price to 1550 Price zone.
Waiting for any confirmation and than enter the Trade
BHARTI INFRATEL | ANALYSISLooks good so far, i'm expecting this to go till the sell region and retrace 38.2%.
- AB=CD Pattern identified in chart.
TATACONSUM Looking Bearish. Will Show Some Retracement From HereNSE:TATACONSUM
TATACONSUM currently facing some hurdle for uptrend. you can clearly see the same in rectangle.
If you can see candles closing higher have relatively lower volume as compare to candle closing lower. Its clearly indicates professionals are now not interested in higher prices. And somehow prices goes up in particular day they come in and pushes the prices down.
The support for lower prices clearly visible in last 2-3 sessions as prices are getting down with high volume and expansion in price and volume also visible here.
For short targets I will prefer to follow Fib Retracement levels which are plotted on chart. As far as Stop Loss is concern I will keep it above 375 on closing basis.