Adani Green looks good on the daily chart, there is a higher high, higher low price structure on the chart. Currently, prices are taking support at the previous top ( 2294 - 2317 ). Holding the support zone, the stock can test 2575( swing) and 2700-2800(positional) levels in the coming trading sessions. Trade with a good risk-reward ratio Risk 4% , Reward 8 - 20%
There is a trendline breakout on both Price and RSI on the weekly chart of Max Healthcare. There is also a probability of Butterfly Pattern on the chart and if it unfolds stock can see 430, 490, and 540 levels in the coming months. 1. Type of Trade: Positional Long Trade 2. Buy on dips 3. Price Should sustain above 330 - 350 price zone.
There is a monthly breakout on the Adroit Infotech Chart. The Stock was resisting the 10-12 price zone since Nov 2019. In June 2022 it gave a breakout and since then also able to sustain above it. Now sustaining the same, the stock could move towards 25 levels in the coming months. Positional long Trading with Strict stop loss
Renuka Sugar consolidating at previous top support since April 2022. Sustaining the same, the stock is most likely to test its previous high and also go beyond it. Type of Trade : Positional Long Trade
There is been a probability of Butterfly Harmonic Pattern on the weekly chart of TataConsumer Ltd. Positive price action Price should close above 815 levels on weekly chart, for this probability to unfold If it unfolds, stock most probably is moving towards 950-970 levels in the coming weeks and months. Good support at 750-760 levels Type of Trade: Positional...
There is been a positive shift in the price structure of the stock. Sustaining 110 levels, the stock is probably moving towards 125 - 130 levels in the coming weeks. Trade type: Positional long call
Zomato looks pretty good on the daily and monthly chart - Positive Price Action - Started forming bullish structure( HH- HL) - Huge volume on August Monthly Candle Sustaining 53 levels, the stock is most probably moving towards 75 to 85 levels in the coming weeks. Type of Trade: Long Positional Trade Buy on dips
Mcdowell is holding its previous support area for the past 2 months, hence sustaining the same, it could be moving towards its previous high.
Opens Gap up @ 17679 (Prev close: 17604). Closed near its low-forming Bear Candle. Took Resistance at previous Falling Gap. RSI @ 59.75 Price Action expectation Tomorrow Price may open a gap up or gap down. If opens a gap up, will be an opportunity to short. If opens Gap down, one needs to wait for the first 15 min price action, and act accordingly, though the...
Can you observe the similar price action at point 1 & 2 Where's the index moving ahead?
There has been a shift in the trend on the hourly chart of united spirits. We can clearly see a breakout with a big bull candle. Since Breakout stock manages to sustain above 790 levels, and also consolidates above it, hence sustaining the same, the stock could move towards 850-860 levels, in the coming trading sessions. Type of trade: Long Trade Positional...
HDFCAMC has been consolidating in past many trading sessions. Today we are seeing a remarkable up move in the stock. Now sustaining 1900 levels, the stock is probably moving towards 2300- 2400 levels in the coming weeks. Type of Trade: Positional Buy on dips Long trade
Nifty 50 has seen remarkable move since June 2022 from 15200 levels to 17700. Currently it has reached at a price area , where it could struggle for a while. Today's Price Action 1. Opens gap up, did not sustain, closes near its low. 2. Rsi is also overbought, though no sign of weakness. We may see nifty going sideways for a while. Immediate Support @ 17400...
Currently trading at 653.90 Prices consolidating above 600 levels since April 2022. Sustaining 600 levels, it could move towards 700 to 800 levels in the coming months.
There is a formation of a Shark pattern on the daily chart of the Banknifty Supply Zone: 38000-38430 We might see the banknifty taking pause around these levels and we may see some correction also. RSI is also slightly overbought.
There is a probability of Shark Pattern on the daily chart of Nifty50. We have seen a rapid up move in the past two weeks and this week also nifty opened on a positive note and might see some more upside in the coming trading sessions. Though the Nifty 50 is coming close to a major supply zone and we might see it either halting or a sharp correction from...
There is a probability of a butterfly pattern on the daily chart of NestleIndia. Sustaining 18100, the stock might move towards 19200- 19400 in the coming sessions initially and then towards 20300-20350 levels.
Balrampur Chini, daily chart had cypher pattern formation and we did see a bounce from its prz zone. Now sustaining 370 levels, we could see it moving towards 390- 410 levels in the coming sessions.