One Point One Sol : After a buy ,struggling to clear a resistancOne Point One Sol : After a buy ,struggling to clear a resistanc as seen on the chart.
Today's Hammer candle suggestive of a nice mild pull back .
(Not a Buy / Sell Recommendation
Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)
REL Power : Pretty decent recovery from the support of 33
REL Power : Pretty decent recovery from the support of 33 in a month , today almost at the previous high of recent days Sitting at a major resistance as seen on the chart .
(Not a Buy / Sell Recommendation
Do your own due diligence ,Market is subject to risks, This is my own view and for learning only .)
IDEA LONG TRADE SETUP📊 Price Action & Trend Analysis
Analyzing market trends using price action, key support/resistance levels, and candlestick patterns to identify high-probability trade setups.
Always follow the trend and manage risk wisely!
Price Action Analysis Interprets Market Movements Using Patterns And Trends On Price Charts.
👉👉👉Follow us for Live Market Views/Trades/Analysis/News Updates.
Poonawalla Fincorp Ltd.*Poonawalla Fincorp Ltd.*
P&F; Formation on Yearly Basis.
*W* on Monthly Basis.
Strong Retest & Upswing begins.
Strong Vol. Accumulation done.
RSI: 1H W<M. All in Higher Bullish Zone.
EMAs: Widening Gaps amongst 20 50 100 200 levels at Monthly Basis.
_Respective Weekly Resistance levels as likely Targets. Move can be F&F; :)_
*Trail SL with Upside*
*Book Profit as per Risk Appetite*
Improving Financials. Entering into Gold Loan Segment. PAN India Presence.
Concerns:
NPA levels.
*This is an Opinion. Do your own research as well.*
*_Happy Investing_*🤓
AMBUJA CEMENTS:Likely Golden Cross over -Daily chartAMBUJA CEMENTS: Trading above all its Daily Exp Moving averages ,In daily chart theres a likely Golden Cross over -20DEMA Vs all other DEMAS, increase in volume suggests a move towards 600 followed by 624,shall target these numbers by keeping suitable SL(For educational purpose only)
Marico Ltd view for Intraday 21st April #MARICOMarico Ltd view for Intraday 21st April #MARICO
Resistance 720-722 Watching above 723 for upside movement...
Support area 700 Below 710 ignoring upside momentum for intraday
Watching below 699 for downside movement...
Above 710 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Powergrid Corporation Ltd view for Intraday 21st April #POWERGRIPowergrid Corporation Ltd view for Intraday 21st April #POWERGRID
Resistance 310 Watching above 311 for upside movement...
Support area 300 Below 305 ignoring upside momentum for intraday
Watching below 299 for downside movement...
Above 305 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
ITC Ltd view for Intraday 21ST April #ITCITC Ltd view for Intraday 21ST April #ITC
Resistance 429-430 Watching above 430 for upside movement...
Support area 420 Below 425 ignoring upside momentum for intraday
Watching below 419 for downside movement...
Above 425 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
Reliance Industries Ltd view for Intraday 23rd April #RELIANCEReliance Industries Ltd view for Intraday 23rd April #RELIANCE
Resistance 1280 Watching above 1285 for upside movement...
Support area 1250 Below 1270 ignoring upside momentum for intraday
Watching below 1245 for downside movement...
Above 1270 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
V Trade Point
SBIN Breakout Alert | Strong Volume + RSI Confirmation🔍 Chart Analysis Summary
Pattern: Stock has broken out of a clear consolidation range (highlighted in blue), suggesting bullish momentum.
Volume Spike: Notable surge in volume (blue arrow), confirming the breakout strength.
RSI: RSI has broken above the 60–65 zone, indicating strong bullish momentum.
Price Action: The breakout occurred above ₹775–₹780 resistance, now acting as support.
🟢 Recommendation: BUY
Action Level (INR)
Buy Above ₹785–₹790 (on minor dips or current price)
Target 1 ₹835
Target 2 ₹875
Stoploss ₹755 (below the breakout support zone)
for educational purposes only
JUSTDIAL LTD Falling Wedge (Bullish breakout)🔁 Chart Analysis Summary
Weekly RSI is reversing from oversold levels and shows bullish divergence.
Volume on breakout candle confirms strength.
Clear breakout above falling wedge indicates a trend reversal.
✅ Buy Recommendation
Buy above: ₹925 (Confirmation of breakout)
Target 1: ₹1,050
Target 2: ₹1,250
Target 3: ₹1,400+ (Long-term potential based on pattern projection)
❌ Stop Loss
SL: ₹840 (Below wedge support & recent low)
for educational purposes only
HDFC BANK S/R for 21/4/25Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) :
Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum.
Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NIIT LTD S/RSupport and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down.
Breakouts:
Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold.
Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying.
MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) :
Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum.
Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum.
Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set.
Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward.
Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop.
Disclaimer:
I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
Shilpamed , 1M Pattern is already Breakout Previously , Now we can Trade at Retest Point and it is also Forming a Channel pattern at Retest Point , we can Enter at Breakout of this Pattern in 1D timeframe .
Aim for 40% and Risk very Less.
we can see Bullishness at lower wick strongness in Monthly time frame
follow for More swing Ideas Like this
Bank of India (Swing):Bank of India (Swing):
BOI is on a nice setup.
Here the present position offers a trade with RR of more than 1:4.
Script is also well set for a significant up move by breaking the previous supply zone.
Appropriate buying and profit booking zones are highlighted.
Check out my earlier views for a better understanding.
Note: Do your own due diligence before taking any action.
Midcap Paint CompanyThe company is a leading paint company in India that produces a wide range of decorative paints. It is the first company to introduce category-creator products like Metallic Emulsions, Tile Coat Emulsions, etc. in the decorative paint market in India. The company has ~80%-90% market share in some of its differentiated products.