Nsestocks
Trade idea for cummins indiathere is bullish divergence on daily time frame with falling wedge so expecting a bearish test to that downtrend line placed above it.
HINDUNILVR Looking for a bounce back from current levelNSE:HINDUNILVR
HINDNILVR
Accumulation seems to be happening on daily chart 1927.65 and 1982.5 will act as strong support and ressistance level for same for making any further move base on daily chart.
#hindunilvr #nse #nseindia #nsestocks #trendanalysis
NSE:TITAN On Weekly Chart Will Show 1455++NSE:TITAN
Titan Weekly Trend 25/12/2019
Well,
TITAN on weekly chart after making a high of 1389.95 retrace back to 1123.20 and close right above the Golden Fib Retracement Level of 0.786. Now stock is making upside moves from 1123.20 and as per Fib Extension and Elliot Wave theory I am expecting stock will show 1450 plus in upcoming weeks or months.
But there are two things to consider before stock makes any new lifetime high.
The first thing which comes in my mind is Volume in current uptrend there is no solid volume which we can consider for clear uptrend move.
The second thing which comes in my mind is there is big Supply Zone of 1320-1390 which need to be break out befor making any new lifetime high which does not seems to be easy task until and unless we see strong buyers who are not visible right now.
If we go with Fib Extention and Elliot Wave Theory we can see 1455++ in coming weeks
JINDAL STEEL Moving Up In Channel Buy Above : 156
TP 1 : 160 (Hold 80%)
TP 2 : 165 (Hold 40%)
TP 3 : 170 (Exit The Remaining 40% & All Open Trades)
SL : 145
Titan Moving Up In Channel (Range)Buy Above : 1188
TP 1 : 1195 (Hold 80%)
TP 2 : 1215 (Hold 40%)
TP 3 : 1230 (Exit All Open Trades)
Trade Idea for RBL BANK StocksIf we stay above 345 level then this can be the possible scenario, first target should be achieved and if inverted h and s gets played then extended target are there as well but expecting so early that h and s will play wouldnot be a nice decision.
Union Bank Trade IdeaUnion Bank is making a broadening wedge pattern in daily time frame.
We have closed above the pivot(orange line) with good volume which is a bullish sign now we need to stay above it for next few days for further trend continuation.
and there is beautiful relation which is found out to be with price and time, so just being bullish biased upcoming rally can take 27 days.
Entry- 58.35
Targets- 65-67-70
Stoploss- 55.90
Trend invalidation- Any daily close below 53.20
