IGL respecting its support line, IGL respecting its support line looking good for short term buy.. wait for formition of any bulishcandlestick pattern.
buy @ 543, SL 520, T1 552, T2 567
Nseindia
Trend meets its trend lineprice was doing great but since it made double top it was in a bearish trend.
this bearish trend meets its support near lower trend line. than it got coronavirus reset since than it is in bullish trend
this trend reversal started near white lower trend line has reached upper white trend line.
what next for price from here ?
it has made its 50% retracement of bear market
price is testing upper trend line which has made fake breakout near blue arrow inside yellow ellipse than breakout than retracement back to trend line before making double top. which increase the importance of this upper white trend line
bulls buying at the bottom taking profit at 50% and upper trend line
price at the upper trend line of blue channel
bullish breakout or retracement from here
FORTIS HLTH INDIAHLO
THIS IS A ANALYSIS OF FORTIS
1. breakout of channels
2. with supports of 200 ema on 1hourly chart and 15 min
3. fib extentions levels (grey lines ) or use fib levels or pivot points
thanks
BITCOIN Heading to 41k!?Bitcoin on DTF seems to be heading toward 41k, any reversal can be seen from that level.... A berish divergence is showing up hence further down side is invetable..
Ratnamani metals and tubes - looks good for Swing tradeBuy at CMP
TGT
2340
SL
2098
Only for educational purposes >>>
#technifty
Minda Corp. - Long side positional - BUYBuy at CMP
TGT
150
160
SL
119
Looks good for swing trading <
Lemon tree hotels - BUY side trade - Momentum pickLooks good for Momentum trade
BUY at CMP
TGT and SL for this specific trade
Marked on chart
#TechNiftY
Indian bank technical chant patternIndian bank has created beautiful reverse head and shoulder traditional chart pattern. Based on this technical chart pattern, target is very high.
The support this target, Fundamental of Indian bank also supports here because this bank's book value is more than 300.
IGL Daily Chart BreakoutIGL on daily chart give breakout today but taking a trade now is not a wise thinking because after breakout there maybe a good closing level or a good good consolidation require.
I posted it before because people can think how to trade after breakout, not only breakout is important how to trade breakout is also important so please wait and see what ever is update I will posted here.
Rain Industries Cup And Handle Pattern On weekly chart NSE:RAIN
Rain Industries on weekly chart form a cup and handle pattern and almost ready for big blast rain industries will show good uptrend from here onward. to be safe side one can wait for follow through buying on daily chart. CMP is 243.3 while 190 will be good support.
|| hari om ||
|| Shree Ram ||
|| Ambdnya ||
JUBLFOODNSE:JUBLFOOD
JUBLFOOD broke it channel again after a failed try. Retraced to take support (retest) on original longer term channel;s upper line. Currently the new short term channel suggests that if it crosses 4125, then it can run upto 4375. (SL can be around 4030)
YESBANK trading at strong support levelYESBANK is available at all time low price. It's trading at 10.90 which is price seen before almost year at 28th July 2020. After touchinig this level, it showed strong rally and almost reaches at 20. There might chance we see more volume seen at upcoming days and will show same rally as before.
Indian bank trending lineDrawing important support trend line for indian bank which may hard to break as share price takes support at three times and make it more strong support.
Coromandel international - good chart TGT
850
920
Good buy swing trade
Looks positive for medium term
NIFTY 50Tomorrow's expiry gonna volatile .May be its a bears trap. Above 17350 short-covering moves takes place.Expect a upside movement upto 17450-17500.Because 60,000 Change in OI in 17300CALL. Downside momentum below 17250, but less space in downside. Below 17200 Sharp falling will happen
HONAUT- NSE -INDIAHONEYWELL AUTOMATION
Website- www.honeywell.com
Diversified business- Aerospace, buildings, security , healthcare etc.
Too many to mention.
Retail exposure - face mask, shoes, electronic components, air purifiers, switches, bar code scanners, safe box, home automation, security camera, usb chargers, gloves etc
Low debt, high cash reserve, future looking product line and focus on upcoming sectors- space, pollution and automation.
While technical target is 55k, its a must have bluechip in portfolio.
BUY WITHOUT FEAR
____________________________________________________________________________________________________________
Like and share, STEP UP YOUR GAME!!
NIFTY 50Nifty going flat or Little Gap-up in Monday . and if sustain above 17350 we can see 17400/17450/17500 in upcoming trading sessions . 17300- 17330 will acts as strong support. below 16200 we may see 17050. hope for a trending MONDAY
Clean Science is ready to actionRecently broke the downtrend just crossed the EMA 13 this stock is debt-free and it ready to fly.
biocon LTD bullishbiocon
1. a type of channel is forming
2.going to test trend line (green)
3. bulish upto green trend line
4. if it breaks go for long again
aurobindo pharma aurobindo pharma
1. rising wedge pattern (green treand line )
2.wait for breakdown
3. not go for bigger targets
4. use you veiw ad mindset
thanks ...................
