CRISIL trade ideas
CRISIL MONTHLY BREAKOUT SUSTAINEDONLY FOR PATIENT TRADERS CAN GIVE GOOD MOMENTUM ONCE CROSSES 3,000.
Monopolistic business -fundamentals are also good.
Note:Jhunjunwala is also holding it from many years.
CRISILNSE:CRISIL
Please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and consult your advisers in case you choose to act on
any such content available as WE claims no responsibilities for any of your actions or any outcome of
such action
Bullish on Crisil (Daily)
- Positive Relative Strength
- Breakout n Retest
- SL :2802
- Target : 3200
CRISL 1DNSE:CRISIL
Please note that we are not a SEBI Registered Investor Adviser/PMS/ Broking House.
All the contents over here are for educational purposes only and are not investment advice or recommendations
offered to any person(s) with respect to the purchase or sale of the stocks / futures and options.
You are also requested to apply your prudence and consult your advisers in case you choose to act on
any such content available as WE claims no responsibilities for any of your actions or any outcome of
such action
TRIANGLE SHAPES ARE CREATINGBest time to buy, triangle pattern is creating, if you want take your long position for a breakout.
CRISIL Bullish for next 2-3 monthsHead and shoulder pattern is formed with confirmation of BO in volumes on CRISIL weekly charts. Some correction can be seen as last week trading sessions a hanging man candle is formed. But it looks strong for next 2-3 months. For other details please refer to chart.
CRISIL - Retest Structure - Swing TradeThe above analysis is done purely on basis of Price Action & Chart Patterns.
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
Entry can be between the range (high and low of the Doji Candle). SL can be below 2360 if the price reverses from current levels (life time high level). Or if the price comes down to retest 2370 and then reverses then SL below 2240.
The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management.
Feel Free to comment or message me for any query or suggestion regarding this stock or Price Action Analysis.
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups.
CRISIL - Potential Re-RatingCRISIL gave a weekly multi year breakout and has been relentlessly going up. The monthly RSI has crossed 70 in the break out month itself. Looking for it to settle around 2050-2350 zone to buy on Retest. Will buy few tracking quantity. SL is 1950 on monthly close basis.
DISCL: Not a SEBI Registered. I post charts for my own study.
Short on CrisilRejection at Resistance
Retraced and got rejected at fib 38% level
Below EMA 200 at hourly Time frame
Will continue its downtrend
Chart of The Week (20/2/2021)This week we are looking at CRISIL Limited. The chart is quite self explanatory and the support line is drawn on the chart. The stock is in good buying zone currently.
CRISIL - Crucial Support Level + Ascending Channel - Swing TradeThe above analysis is done purely on basis of Price Action & Chart Patterns.
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets
Logic, Entry range, SL and Targets are shown in image itself.
The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade as per their own risk taking capacity and money management.
Feel Free to comment for any queries regarding the above stock or price action analysis in general.
Also check out my other ideas to understand how price action works and how it can be used to make regular profits without any complex strategies.
CRISIL UPMOVE OF AROUND 20% can be expecteDCRISIL FORMING A TRADING CHANNEL. might offer consolidation at a resistance around 2059
