BharatForge chart printed IH&S on 4h TF. Neckline is 295. A Clean Break of 295 and daily close above it will confirm this pattern If the pattern plays out, our Target is 375-380. Please Buy after clean break of 295 and on successful retest of this zone.
Fundamentals aren't great for Companies like Eicher motor during this lockdown period. Technical Analysis suggests short term bounce for Eicher motor. Price Grinding low with less volume is a buy once we see a reversal candle on daily time frame. Plus, Bullish Divergence on 4h and daily chart shows a bounce is due soon. My target is 15200 purely based on...
Axis Bank Stock Is trading at a very important level right now. Price is at the Trendline on weekly time frame. Stock is already down 67% from its all time high and 27% today. If this level Breaks, we could see 220 next as classic 0.786 Retracement Support.
Corona Virus is taking the Market down Globally. Everything is Crumbling and so is Indian Market. In times like this, you need to Start buying at Important Levels and Use Stop loss. My Important levels to buys Stocks would be when Nifty Hits. 7900 - Buy and see the Reaction. Sell Soon as soon as you see Weakness 6400 - This is Where one should Look for long...
Eth Is approaching my Buy zone from 175 to 185. Start building long positions under 185 for a bounce towards 212. A High Time frame close above 215 is bullish for Eth. Otherwise it would just be a retest of important level and more downside is possible.
4h Bear Divs clearly visible on the chart. One more push to test local top possible. Buy back between 0.14 - 0.16 for a Bounce.
A close Below 8500 will take us to 8220. A bounce towards 8550 from there which may also extend to 8950 & 9150. Watch out for Bullish RSI and Stoch RSI Divergences on 4h chart. No Bounce from 8200 region and we see 7700 next.
This is just an attempt to predict where the price will top. In this chart you can clearly see how Price have respected important levels. Eth may touch 301-302 before any significant pullback. Trade sensibly.
Bullish Divergence while Price is approaching Psychological level of 200. Today's daily close indicates reversal from this level to atleast 210-215 short term. ITC is a slow mover so don't expect crazy returns in short period of time.
Bullish Divergence + Price approaching Support trendline of the channel shown. Such Divergence on daily chart indicates a strong bounce. We already saw some buying towards the end of the day. Buy around 1130 and hold or wait for horizontal support around 1045.
Clear bullish channel forming for BTC here. Dips are for buying strategy will work until it doesn't. We are close to local top before we see any correction towards 9200-9300.
HDFCLIfe is trading below 55 DMA for the first time after May this Year. 4hour Chart printing Head and shoulder pattern with 565 being the neckline. If Price breaksdown the neckline then the H&S Target is 525.
Bullish divs clearly visible. Targets on chart.
A perfect example of R/S Flip. If Support holds, 1st Target is 350
Bullish divs on Stoch RSI and RSI. Nice Bounce from this area is possible. It may form inverse head and shoulder as shown in the chart.
Rising Wedge Brokedown today... Target 645-660
Bank Of Baroda stock price just broke out of 104 region. Interesting to see it close above 105 today. Buy the retest of resistance turning support. Target is 120-128
Jindal Steel chart brokeout of the bull flag. Target 190. Buy the retest of 150 region.