Time to get GREEDY in IIFLNSE:IIFL
Weekly chart of IIFL is indicating supply was absorbed by Smart Money.
Closing above 96-97 will take IIFL at least towards 208-250.
view is for short term to long term holdings.
Nsestocks
tata motors AS ACCORDING TO MY PREDICITION THE TATA MOTORS WILL GO UP BY 150 TODAY ..BECAUSE ACCORDING TO MYREND LINE DRAWN IT WILL GO UP TO 154 WITH IN 2 OR 4 DAYS ..BEACUSE AT PRESENT IT IS BELOW ITS TREND LINE .
TCS resistance Break | 3000 + comingTCS just broke the supply really undervalued companied among other tech giant having price in $ not justifying the price here.
this stock value more than 5000 rs we just stated here
below 2350 is a good buy with stop below 2100
Nestle India Breakout Setupthose who like breakout and falling wedge can take this setup
risk reward ratio also looks good and likely need more volume to push hard
Buy : 16400 - 16500
Stop : 15750
Target : 1700 , 17500 , 18000
CADILA Healthcare price at Trend Line Supportprice at support and holding will check tomorrow if price hold or not
will take position when volume comes
NTPC - Complete Technical AnalysisHi Traders,
This stock will provide some buying opportunities in coming days.
As we breakdown the chart, the price has broken through the weekly inner trendline in confluence with the break of SMA 50. This is a good indication that price will test the outer trendline .
The weekly chart formed a double bottom pattern and broke above the neckline, that's another reason to buy this stock.
A thing of concern about this stock is that we have a golden zone between 109.50 - 118.00 level, where price can move in a range before testing the outer trendline .
We should expect some drawdown as price can retest the broken levels. we have strong support at the neckline of double bottom and at the inner trendline .
A break above 130.40 levels marks the end of a 2 year long downtrend, and we will have a bullish outlook on this stock for at least a year and half.
For this kind of complete technical analysis msg me the stocks that u would like to have complete technical analysis .
Pls Like and follow .
Happy Trading.....
NTPC ::: BREAKOUTDATE: 20 AUG 2020
INSTRUMENT: NTPC
INDICATORS: DAY
PSAR: BULLISH
STOCHASTICS: BULLISH
200 DMA: 101.60
INDICATORS: WEEK
PSAR: BULLISH
STOCHASTICS: BULLISH
INDICATORS: MONTH
PSAR: BULLISH
STOCHASTICS: BULLISH
CMP: 101.10
BUY: 102.60
TGT . 01: 106.68
TGT . 02: 111.76
RISK DISCLOSURE :
Technical analysis of FOREX and INDIAN MARKETS. We are not SEBI REGISTERED ANALYSTS The views expressed here are for our record purposes only. Please consult your personal financial advisor before investing. We are in no way responsible for your profits/losses what so ever.
Positional Buy - LT BreakoutBuy above 970 given breakout with volume , have mentioned the fibo levels in the chart . The trend line will act as support support and can be bough in dips.
Have added at these levels , we should see the long pending move now
Breakout from downward trend line after taking supportbreaking out and confirmed above downward trend line clear sign of uptrend start will be buying it above 114 with sl below 104
Rising from the bottom channelIt is rising from the bottom channel testing the support and starting to move up, perfect buy location with the target of upper channel line
SBIN will be out from the TriangleIf SBIN goes above 196.8 without going further down than it will be a perfect buying opportunity, as it is rising from the downward channel line will try t touch the upper channel line @ around 215
NTPC price at support zoneprice at support looks good ,
we have really good triangle setup need good bounce that's it
21 EMA is also resistance need close above 21 ema for beautiful setup
BPCL price at supportthis is good buy zone as i see long tail after breakout.
still i will not touch we need good candle close above this zone.
Maruti Trade SetupPrice holding Trend line good growth sign
Long Below 6090 Hold
Stop : 5600
Target : 6200 , 6500 , 7000
BAJFINANCE looking weak on 2H chart Stay neutral for swing. NSE:BAJFINANCE
On 2H chart BAJFINANCE started to becoming weaker. Stock facing good resistance between the range of 3320-3420 while 3125 will be immediate Support for stock.
On 2H chart if stock manage to breakout 3420 with good volume and candle closing near high it will open for fly for target of 4040.
But if the stock breaksdown 3125 it will then likely to show 2835 and even 2655. For breackdown too we need to see strong confirmation with volume.
Though the stock is weak I will not make any decision to short for swing trade right a way until and unless I see any strong confirmation for same.
I will prefer to stay neutral in this counter and keep this on watch
Larsen & Toubro Price at trend line Supportthis is one of the most confusing zone for trader it can easily bounce above the trend line so it can be trap .
don't short at the trend you can wait for retest of this zone and if rejected again than you can short the retest.
for long we can not long the price above trend line ,we have horizontal resistance above and this is good confirmation for long
BHARATFORG Bearish On 2H chart.NSE:BHARATFORG
BHARATFORG on 2H chart become bearish.
Any high volume candle closing below 353 will confirm the short trade here.
In coming trading sessions if I see any 2H candle closing below 353 I will prefer to short it with Stop Loss of 385 for Target of 309/277
RAIN broke the resistance level, Expecting upper movesRAIN in NSE has recently broken the resistance level of 84.50
Now, close above it
I will be opening the long positions tomorrow, at a good entry
Positional trade, Targets will be: 100, 114, 130
