SumeetTrader

SumeetTrader Updated 

NMDC - Ready for a Breakout on a 30 Minute chart Its showing symmetrical triangle on a Daily time and also showing symmetrical triangle on a 30 Minute time frame. Watch the stock , it might be getting ready for a break out. 20 DMA is also crossing over 200 and price. So expecting some movement in stock soon.

SumeetTrader Updated 

Graphite India - Range Breakout with Volume SL - 215 T1 - 288 T2 - 329 T3 - 392

SumeetTrader

Breakout with Volume - Blue sky, wait for retest to enter

SumeetTrader

Marksans Pharma Entry Price - 62 SL - 55 T1 - 75 T2 - 88 T3 - 96

SumeetTrader

BPCL - Breakout Targets Price SL T1 T2 T3 Analysis Link 395 380 415 445 479

SumeetTrader

Motilal Oswal - Moving in tight range, near 200 DMA. Wait for breakout

SumeetTrader

BankNifty review on a 1 Day time Frame, if you look at the start of the upmove bank nifty has been on an uptrend on re-tracement of 61-65 % for 2 Legs and on the third leg the Retracement was more than 90 % which means a revrersal. We are right now on downward trend with the first leg of revrsal done and retracing on the first leg. The retracement leg might go to...

SumeetTrader

Rising Wedge pattern seen on JSW Steel. This is a sign of downfall . If the stock falls bellow the Trend line it can go down.

SumeetTrader

L&T finance is looking very Interesting, it is currently showing W Pattern which means the stock will go up. Also the stock has come down from near Support resistance and inching towards near trend-line. Near term if it breaks the Tend line it can go down but few days it should move up.

SumeetTrader

Adani power is trading on Uptrend now and in the chart i have shown that the Price is very near to support level. The line is Trend line near the end point, Wait for the Price to cut across Trend line and Breach support line. Trade only after Trend line is breached and support resistance is crossed. It could give 10-12 % Up-move from the Level