Hello Everyone, Chart Pattern known as Symmetrical Triangle Pattern in which we can say that it is a chart pattern that signals a period of consolidation before the price breaks out, which can happen in either direction—upwards or downwards. Condition #1 Breakdown Target 1 - Rs 5900 Target 2 - Rs 5400 Condition #2 Reversal Target 1 - Rs 6700 Target 2 - Rs...
Trent shows clear buying as trading at strong supports levels and mostly traded above 100 MA and now very far form 100 MA levels this time. So can make a good Buy.Focus on Trent !!
NSE:TCS is soon to Fill-up their gap but there is a plot. As you can see the previous day was created as shooting star candle which indicate sellers would not allow to go price further and also you can see it has touched 61.8% of Fibonacci level at 3757. So both scenario strongly says that price could take reversal. But any Gap up above 3557 leads price up to...
Metal Sector NSE:CNXMETAL already seems negative and international CAPITALCOM:COPPER has also beaten down from new corona virus concern. It is undoubtable that NSE:TATASTEEL shows bearishness from past 3 week and nearest at PRZ (prize reversal zone) which comes from Harmonic Bullish butterfly pattern 1.272 level at price 1025 but still sentiments are...
The auto sector looks weak for a while now because of the low demand in pandemic and it will surely emerge from it when everything will be in order. So TATA motors is also having bad times as you can see on the chart, breaking all its support. buts there is something interesting happening in the company which is looking promising . First, have a look at the...
tata motor is a great company right now auto mobile sector down fall face price is still work aftor some time long bounce will be seen
There is 2 major resistance line one is flat another is inclined. It has given breakout from inclined one now there is a high the possibility that it will travel to test flat resistance. IbranAnsari. IF ANY WANNA DISCUSS ON THIS MASSAGE ME ON TRADINGVIEW.
Long-term bet stock for me. I keep accumulating this stock on dips and decent quantity in my long-term portfolio. Daily charts have a symmetrical triangle, BO of the same might give some good move. CMP - 724 One can go long on BO with a small SL of 696 DCB. All key levels are mentioned in the chart.
TATASTEEL multiyear breakout, strong resistance near 750 level, need to be kept in focus by looking at the price action and the volume levels. levels as high as 910 developed in TATASTEEL. NIFTY METAL performing very good. STEEL companies all over the world performing well. Go long on TATASTEEL with stop loss at 700 level, highly unlikely to be reached. MACD...
Breakout of 395-400 With Bullish Setup And High Volume Can Take it to 445 - 460 .
Strategy: Buy @ 2407 ------------------------------ TCS was on uptrend and correcting it's uptrend after hitting 2700 resistance zone. Correction was on running flat correction which was supposed to be completed below 2100 levels. Post 2100 support reach, script was able to jump and tested 2550, We are calling it's five wave impulse move in nested manner. 2407 can...