NSE:HDFCBANK can be good choice for swing trade for a couple of weeks as it made an inverted hammer on last week on weekly chart, and closed above the inverted hammer's low point. A good support zone for this stock is at around 1300. Trade Details: Entry: below 1310 Stop Loss: 1280-1285 Target: 1405-1410 Holding Period: 2-3 weeks Happy Investing :)
NSE:MARUTI has made inverted head and shoulders pattern on weekly chart. It can be good choice for long term investors and swing traders. Trade Details: Entry: 8600 or below. Stop Loss: 7800 Holding Period: at least 3-4 months It can reach a new all time high in near future. Auto Sector Index has also made an hammer on weekly chart at an important...
In recent weeks it has shown a price increase with a volume rise. It's a good pick for long term investment. Trade Details: Entry at or below: 60 Stop Loss: 49 Holding Period: : 6 months or above Happy Investment:)
The stock is now at the Trend line support zone followed from Oct 2020. Also we can increased volume at the trend line support zone, good time to get into the trade before the next quarterly result on 2nd Feb 2022 Enter Between: 122-125 Stoploss: 117 Target 1: 133 Target 2: 138 Happy Investing.
It can be good choice for swing trade for a couple of weeks if it breaks the downward trend-line followed from 13 Oct 2021. For this stock 60.7 acts as a crucial level from May 2004. The Stock is at a trend line support Trade Details: Trade Active : When trend Line breaks Entry: below 63 Stop Loss: Below Trend line Targets: 66, 69.7, 74, 77 ...
ABBOTINDIA and recently made a head and shoulder pattern and also broke its neckline. Expected that, it will take a pullback towards its neckline and fall again . Trade Details: Trade Active : Once testing resistance at 17500-18000 level Stop Loss: 19200-300 Target: 15400 Happy Trading :)
COINBASE:BTCUSD has already made a Head and Shoulders pattern in daily chart . On its way to break the neckline. Once Neckline will break, it is expected to fall towards 30-31K from 41000. Trade Details: Entry : Price below 39530 Stop Loss : 44600 Target : 31000 Waiting for your view in comments. Happy Trading :)
FX:AUDNZD has already broke the trend line and now consolidating at the neckline-zone of previous head and shoulders pattern. It is a long trade with a good risk to reward ratio. Trade Details: Entry at or Below: 1.6172 Stop Loss 1.05 Target: 1.08 pls share your view in comments. Happy trading :)
The stock is at a good support level and also near the trendline support, following from July 2021. As IT sector started booming again , as per my view, We may see this stock hit 6500 in near weeks. IT sector view : looks bullish for next couple of weeks (Below in the Weekly chart of CNXIT) The stock is a good pick for swing trade, has a good reward to risk...
Out of the 10 stocks in NSE:CNXIT index , NSE:LTI has 5.94% weightage. The stock is at a good support level and also in a trendline support, following from July 2021. As IT sector started booming again , as per my view, We may see this stock hit 8000 in near weeks. IT sector view : looks bullish for next couple of weeks The trade seems in a good reward to...
The Stock takes support on weekly basis, where it faced resistance previously. On monthly chart it created a hammer candle on the support zone. Good Swing Entry for a couple of months, hoping to see new all time high Trade Details: Buy Below : 19600 Stop Loss : 17300 Holding Period: more than 2-3 months
After consolidating a a zone, FX:EURUSD breaks the trendline on daily basis. Next few Resistance levels to watch for next 2-3 months are 1.159, 1.170, 1.184. Happy Trading :)
Long Entry for COALINDIA: at a support zone in the trend line, being followed from October 2020. In weekly chart, we also see a long lower tail candlestick at the trend line support zone on the week 20 Dec 2020. Buy between - 146-150 Stop loss - 138 Holding Period - 2-3 weeks or longer Note : If you risk to trade this idea, you alone will be...
FX:EURUSD is currently trading in a range on weekly and daily basis. The crucial resistance level is 1.14246. The next two crucial levels are 1.15924 and 1.17006. If the trend line and the range breaks, these crucial levels are the next to reach . The forecast line is being followed from 2016, at 2020, we have seen a big volume when the price reached near to...
FX:EURCHF is again at the same level as of the month of January 2015. Retesting the Support Zone. Time for Long trade Happy Trading :)
GBPUSD is currently testing a strong resistance at the trend-line followed from May 2021. A downfall from 1.35 to 1.31 or more is expected. Happy Trading :)
GBPAUD is making a triple top (bearish) Pattern. Once the trendline will be broke, we can entry short. Trade Details: Entry when : Trend Line Breaks Target 1 : 1.838 Target 2 : 1.810 Happy Trading :)
COINBASE:BTCUSD has already made a Head and Shoulders pattern in daily chart. Once Neckline will break, it may fall towards 29500 from 41000