Sail breakoutFlag and pole pattern seen in sail.can breakout post the opening beyond the resistance lin
e in red
India
**MOTILALOFS** IS LOOKING STRONG TILL 724/750MOTILALOFS is looking strong for upside till 724/750, anyone can initiate buy position near 650-640 with the low risk stop loss 618 but safe STOP LOSS is 591.
NSE:MOTILALOFS
India & Japan very bullish frm late 2020 -> Oil & Resources soarIndia (INDA) & Japan (EWJ) equities very bullish from late 2020 - helping Oil (USO) and Resources (DBC) to also soar.
Banknifty WEEKLY EXPIRY Range Decoded for TomorrowThere is always something about some price and Thats why the prices tend to narrate their story- a story where each price differentiates from the previous one.
The same was about the strong reaction on 10th Feb in last few minutes. Banknifty recovered 500 points to close above the support point which has been tested multiple time. Based on the fact we deduce three possibilities for the possible expiry range to be followed till 2:30 pm to eat the theta.
Ashok Leyland - Expanding Channel BreakoutThe price made Expanding Channel pattern and retesting the support level after Breakout.
Possible 200 Points correction on NIFTYWe can expect a decent correction in NIFTY and thus a sync in Banknifty is very likely. Marked are the target for the coming week.
SOLAR PHARMA IS THE PERFECT STOCK!Please help me find something wrong about this stock I can't seem to find anything...
1900 LIMIT ORDER PLACED Reliance Industries Daily and Weekly time frames looking good for long term in terms of Price Action
Have some markets shown they have already past a mid Jan peak?Some markets seem to have shown that they peaked in mid-January... indicated in their U.S. listed, $USD denominated, ETFs: Russia RSX, Brazil EWZ, India INDA, Thailand THD, Europe EWZ... and also in certain financial markets as indicated by a Commodity Tracking fund DBC, and see also the US Government Bond 5 Year Yield .
India - Long TermLong term, emerging market should outperform US due to high growth potential. India ETF looks particularly interesting to me.
Reasons:
1. Price just broke out of a long horizontal rectangle. Although you are not going to see massive price moves, it is a great asset to own.
2. India is one of the only countries focusing on reducing debt vs increasing in the next 12 months.
3. India is absolute monster in IT space which is the future.
Happy Wednesday, its never wrong to pull profits.
Watchout for BPCLWatchout for BPCL breakout on either side. The breakout will be huge.
I'm not SEBI registered analyst. Please do your own research before taking any position. Thank you.
Short sell opportunity in ICICI BankCheck out weekly chart ^^
Kindly trade at your own risk.
Good Luck ^_^
Levels for Nifty50 for Tomorrow (21.01.21) PRICE ACTION ANALYSISThese are some IMPORTANT levels for Tomorrow. Price may react on the given levels. Tomorrow, I think market will show some Bullish Move. Keep a check on 50 and 200 EMA.
Nestle Smells Chocolatly BullTHere are not one but two important Support points with good vol trade indicated by Black Lines. I expect the trade will have a even better R:R if we enter at the lower Black Line.
Two possibilities in Banknifty32118 is a crucial level if it opens and manages to stay below this then A bearish trade can be made !
However if the BN continues to make the 200EMA as a strong support trend line ( non linear of course!) then a trend continuation is good for the bulls
Voltas can freeze to recent lowIt seems that a strong reaction was formed at these current price but it also not ruled out that if price trades below the first upper red line then the first target can be the second red line and then the Black line !
Banknifty Expiry Day rangewe present the blueprint of range for today's expiry as BN is opening gap down.
Infosys is a bull strong above 1384 levelIf tomorrow we see promising price action above 1384 level then 1420 would be a great target to look for
Garware Technical Fibres- Cup & HandleRisk- Reward is favourable here. Also, cup & handle shows trend resumption.
ITC looks rangebound but it fares suffocated ?It has been a rangebound movement today. And we all know what happens in range ----***TOP SECRET***
So get ready for the move on either side but prepare to buy if the stock breaks price action and can take profit at the red line
Kotak bank taking support to trend higherKotak bank would be one of the champions in the banknifty rally and you just cannot ignore it. It is also taking genuine support at the points indicated.
BEL Price action BEL seems to come out of box along with making a reverse head and shoulder pattern. Trade with targets of upto 170 , keeping stop loss at level of right shoulder i.e. around 88. The company also seems to improve fundamentally with healthy dividend payout , almost debt free and increased cash flow and assets.
