Bseindia
Refex Industries Next Target for Refex is at Rs.220+
Managed to break above the Handle, with increasing volumes a rapid move in the stock is expected
Alembic Pharma- Joining the pharma rally soon ?All levels are mentioned on the chart. Happy Learning :)
#Apollo Tubes LONG - High returnsPrice action and trend is solid, daily + weekly! Bought today.
Trade idea inspired from my homie: Akul Bansal
Hindalco - Elliott wave analysis It completed 5th wave of impulse cycle of larger degree from major bottom and therefore it should correcting down. But wait for impulse down wave to confirm the down sequence.
If it is moving in sideways then it is probably extend the 5th wave up and go higher much more.
ORIENTREF CASH CHARTFINALLY, THE STOCK FROM RED HOT SECTOR IS HERE
CMP-303.05
STOP LOSS-166
TARGET-330/380/450/700.
ADD ON EVERY DIP IS ADVISABLE
HOLDING PERIOD= 8-10 MONTHS.
SENSEX is Falling 01/02/2021as we can see
we have bearish Divergence with MACD Signal and MACD Histogram and it is at the end of a bullish trend which is happening post corona Pandemic and it can be interpreted as trend reversal and Distribution time
now it can be the time for some correction and retraces
we have analyzed the daily Timeframe and used Price Action Strategy to find the accumulation zones
these areas are also having confluences with Fibonacci retracement levels which are good areas to target or enter
we may have a small bullish Spike but the overall scenario is bearish from now onwards
bse sensexHI THERE
AT THIS MOMENT MARKET IS A GOOD BULLISH TRAND. BUT MARKET NEED TO SOME CORRECTION FOR STRANGHT. AND GRAB SOME LEQUIDITY. MY THINK IS MARKET IS NOW A RESISTENCE AREA AND GOING TO TEST SOME PREVIOUS AREA. AS I MANTION MY AREA IS 52554-52574 IS A MAJOR RESISTENCE AREA
OLECTRA GREENTECH CASH CHARTBUY RANGE-171-184
STOP LOSS-OWN
TARGET-245/300/400
NOTE=TIME HORIZON IS 1-1.5 YEARS
ADD ON EVERY DIP IS ADVISABLE.
VARUN Shipping Co.LTD. Weekly TF Analysis 24/02/2021this stock seems to be passive for a while but it can be activated in some times. it is currently in an descending parallels channel where it is falling and it is trying its upper boundary. we have to wait and check the reaction on the channel bound and then decide about its Bias after some candle confirmation
there exist a Bullish Divergence with MACD which can be interpreted as a trend reversal but that also needs some more Price Action and candle pattern conformation but we can be some how optimistic about it unless there is not bad news or fundamental data against its rally
