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.
BSE
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.
Gail Buy setup For intraday !Hello if you are an intraday trader you can buy between 85-83 with stop loss 78 easy target 90-95-100-105
Thanks, Join the group for the update !
Nifty50 very uncertainI think Nifty50 had bottomed and we might soon see reversal.
Fib Ret level 0.382 @ 7803.47 already tested if broken we might find support at 0.5 @ 6367.41 and I thank that's the lowest point NIFTY50 can go I don't see it breaking that level, so I think we are near the bottom and might soon see pullback to resistance level 0.236 @ 9580.28 good luck
HDFC | AnalysisFirst in all, it hit major support region and bounced right off it.
- This is a sideways market where Bollinger bands are very useful for trading. The price action just hit the lower band. Which is a buy !
- RSI Showing bullish divergence on the 1H and above.
These are my buy signals. Might have a good day on Monday!
Mahanagar Gas toward 880After the initiative selling away from the big uptrend, value price makes a small shifting value. At this point, you need to start looking for the new control of price. I want you to go through the following thinking process when looking at this chart. Value is moving up, the control price is pointing up so we are in an uptrend for the moment. The trading activity is taking place on both sides of the control, we cannot see a clear difference in the volume of activity on the two sides of the value area. This indicates that the uptrend is not very strong. It is probably just a short move upwards, correction of price in a bigger downtrend on a higher timeframe.
Short Mahanagar Gas Target toward 907-880,
Stop: 944
Thanks
6R Opportunity; Buy Zone Marked on Chart- Break of Down Trendline (forming a falling wedge in the end) indicating that Selling pressure has subsided.
- RSI showing Double Bullish Divergence is another indication.
- The last gap down opening was filled by a close above it.
- A Retrace to the marked Buy Zone is a buy.
Hero Motocorp Price rejection You can short hero motocorp for target toward 2090-2030
Price shown rejection through pinbar
Reliance IndustriesHello friends, how are you doing today?
You can Long reliance: 1490-1480 with stop loss 1450
for likely toward the target of 1550: 1620
Our last month analysis rocks
Thanks, message for further enquiry
ADANI PORTS | AnalysisForming an ascending triangle with the price action reaching the top resistance. I'm looking to see some downside here.
- Buy region around 278-280
- Look for a good reversal around that level and enter trade.
IndusInd Bank | NSE | AnalysisAlthough Bank Nifty seems to be "pessimistic" I feel IndusInd Bank will hold the support line on Monday.
- Any Sign of a reversal with a good candlestick on Monday is a huge BUY Signal!
- Although place a tight stop loss in case Nifty acts up.
-Kautilya.K
Kotak Bank | NSE AnalysisComing week is rough for the banking sector as Bank Nifty shows signs of weakness with a converging MACD. Just trade the range.
- Kotak Bank MACD also showing signs of weakness. Based on how it plays out on Monday I will update this trade.
-Kautilya.K
SUNPHARMA AnalysisPossible upside. TP1 is a definite target. TP2 if uptrend is strong with good volume.
-Kautilya.K
ULTRACEMCO | AnalysisChart explains it all.
-Ascending triangle with a desceding channel within, pointing to a short term target of 3650 before a retrace.
- Will Update when required.
-Kautilya.K
ICICI Bank | SHORT !Chart explains it all.
- MACD about to pop!
- Stay safe. Next week is the deciding factor for the economy.
-Kautilya.K
Bajaj Finance | Calm before the stormThe market is ranging sideways right now, Which is a good thing as the stock is available for cheap right now.
- Look for breakouts with good volume and confirm the trade after a bullish day candle.
-Kautilya.K
TATA STEEL Bottom in?I feel like the market has bottomed out and will slowly attract smart money after the pandemic weakens out. Anyone willing to buy low, now is your time to shine.
Indian Oil Corp Price at monthly trend linepink line is monthly support around 70 rupees.
it is important to see this level when price hit this trend line support if price able to maintain this level than it can move upward to short term target 80 , 90 , 100 as relief rally ( corona crisis so it can repeat usoil rally too.)
no oil consumption can lead this to 50 , 60 rupees zone. same as usoil contract about to expire and negative price hit. but yes until pandemic is not over oil will go dip
Kotak mahindra short term LONG !Looking good on a LTF. Bought into it, let's see how it goes. Although I will be watching this very closely for Sell signals. Will update when required.
- Kautilya.k
Positional Trade - APOLLOHOSPITALConsidering the pattern formed on chart, it can be a good positional trade far the target 1400-1420 considering stoploss at 1270.
HINDUSTAN UNILIVER (HUL) BEST MOMENT TO TAKE ENTRYHINDUSTAN UNILIVER (HUL)
HINDUSTAN UNILIVER (HUL) BEST MOMENT TO TAKE ENTRY, JUST ONLY KEEP WATCHING THE CHART
NIFTY 50 AGAIN GOING TO 7500...?NIFTY 50 AGAIN GOING TO 7500...? MAY BE...ITS ONLY MY OWN VIEW AS PRICE ACTION...
