BSE
ADANI PORTS LONG TERM VIEWAdani Ports is forming a Symmetrical Triangle on Daily Time Frame
Entry is above 761.30
Stop Loss is at 657.05
Target is 1215
(Please note that entry & stop loss is on candle closing basis)
This View is purely based on Technical Analysis and is for educational purposes only.
NSE: SOUTHBANK - Volume profile suggest strong players entering NSE:SOUTHBANK
South Indian Bank Limited is a major private sector bank headquartered at Thrissur in Kerala, India. South Indian Bank has 871 branches, 4 service branches, 53 extension counters and 20 Regional Offices spread across India. The bank has also set up more than 1,500 ATMs and 91 Cash Deposit Machines NSE:SOUTHBANK
BSE still has potential upside?After a fantastic run in a short period, BSE has been consolidating between the range of 2200-2300. In the last trading session's close, the price has taken support at the crucial level of 78.6% retracement. A high above today's close with volume support can take the stock back to its previous high of 2582
Entry - 2320
Stop Loss - 2210
Target - 2580
Vardhman Acrylics Ltd :-: analysis ⏰ VARDHACRLC📌 DYOR ( do your own research 🔎 ) 📍 NFA
Above yellow 🟡 close 📌 beginning of upward ⬆️ momentum
It's small cap stock with high :-: promoters / with good dividend 📌
₹92 is key resistance 📌 we see some pressure :-: above it ☑️ never visit box below yellow 🟡
🎯 ₹111
🎯 ₹144
🎯 ₹300
Below green 💚 box 📍 danger ⚡
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Follow upcoming updates ..... 🧵 👇
SWING IDEA - SAINTGOBAINALL TIME HIGH !!
The stock price breached 'all the high' mark. The momentum seems to be strong. We can see a potential up move in SAINT GOBAIN .
Reasons are stated below :
Daily candle closed above all the high.
Price broke out after a consolidation phase of 4months.
Formed a marabozu candle on weekly timeframe.
Price is above 50 and 200EMA.
Higher-Highs are being made i.e stock is in uptrend.
Target - 152 // 180 (these are derived from Fibonacci extension tool)
StopLoss - weekly close below 119
SWING IDEA - BALRAMPUR CHINIBALRAMPURCHINI seems to be in a very crucial buying zone.
The reasons are listed below :
Stock price tested 411 levels multiple times and finally broke it and it is retesting those levels
again.
Broke the ascending triangle pattern i.e a bullish sign.
200EMA support on daily timeframe.
Stock was in a consolidation phase from last 1.5 years.
Higher high are being formed.
Support formed at 411 levels which was a strong resistance previously.
Target - 462 // 520
SL - 406 on closing basis
SWING IDEA - UPL
Stock price has taken a very good support at crucial level i.e 580.
formed a strong bullish dojo on daily timeframe.
Currently, price is trying to retrace and possibly form a 'W' pattern with a higher high.
590 is a very strong support on monthly timeframe.
formed a bullish engulfing candle on monthly timeframe.
TARGET : 657 // 696 // 760 // 848
SL : STRONG DAILY CLOSE BELOW 595