Nifty Has formed a Head and shoulder pattern with a breakdown level being 16880. Nifty broke 16800 yesterday with huge volumes. but today it opened with a GAPUP but couldn't sustain and witnessed a huge sell-off. This was more of a retest and now it is well-positioned to slip further. Also, the move(According to Elliot Wave Theory) is the 3rd wave in which the...
ENTRY 1 with 40% allocation @43.5(CMP) ENTRY 2 with 60% allocation above 45.5 StopLoss - 40 weekly close DISCLAIMER: EDUCATIONAL View
#ICICI_BANK #POSITIONAL TRADE BREAKOUt of CUP & HANDLE PATTERN SL below 680 close weekly basis target 825+ TIME FRAME 4-6 months DISCLAIMER: EDUCATIONAL VIEW
Relative Strength Positive WEEKLY RSI bouncing from 60 Daily Price breakout from short term consolidation Disclaimer: Educational view
ENTRY @ cmp - 848 Stoploss - 804 daily close Target 970-100 Risk - 44 Reward - 120-150 BASIS of trade Bouncing from Trendline Support Rsi took support at 40 4th time Relative Strength above 0 Disclaimer: Educational view Evaluate the risk first before jumping on any trade
Levels and analysis market on chart Disclaimer : Educational View
BANK OF BARODA TRAINGLE BREAKOUT PSU BANKING INDEX breakout buy @ cmp 84 SL 76 weekly closing basis target1 99 target2 120 SAFE BUYERS can Enter abv 89 daily closing with the same sl Disclaimer - Educational view
FLAG breakout Levels are marked on the charts. DISCLAIMER: Educational view.
Retracement to 50% from the latest swing high and RSI bouncing from 50 zone concludes a healthy trend so far A buy could be generated above 650 with a StopLoss below 600 DCB and a TARGET of 730/760 looks achievable in the neat short term. DISCLAIMER: Educational View
Forming a base with good volume and delivery activity near the breakout zone Buy can be initiated abv 612 StopLoss can be maintained at 562 Target 720/730 Disclaimer: Educational view
#Ramco_Industries_Limited Range BREAKOUT RSI (14) bouncing above 60 Relative Strength up trending and positive Entry @ 280 View invalid below 285 close Target1 300 Target2 320 Disclaimer: Educational View
#Aegis_Logistics_Ltd. BREAKOUT and RETEST Best buy near 350 SL at 335 DCB TARGET1 385 TARGET2 400 TARGET3 420 Disclaimer: Educational View
Sector: Cement and Infra Good Fundamentals In the Technical chart, we can see a consolidation (Flag pattern formation) Monthly and Weekly RSI(14) is above 60 and Daily Rsi is at 40 support. Also, we have a DOJI candle in the daily chart Short-term trade can be taken above today's high(4425) with a Stoploss below 4300 DCB. Targets can kept at...
SWING TRADE Inside bar and Doji after a downtrend in daily charts. RSI(14) taking support at 40 Entry above 876 looks great. SL can be maintained at 845. Targets 930-940 Disclaimer: Educational View
SWING LONG 1 month consolidation breakout tARGET 785 AND 820-30 SL CAN BW MAINTAINED AT 690 DCB DISCLAIMER: EDUCATIONAL VIEW