SRTRANSFIN H&S and Trendline breakdownAll the details are mentioned in the chart.
Sell below - 1350
Targets mentioned in the chart above.
RSI in Weak Zone
MACD bearish
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Intradaytrade
GRANULES Bounced off demand zone wait for breakoutGRANULES
BUY ABOVE - 319 (If sustains)
THE CHART IS SELF EXPLANATORY.
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Buy Max Fin Service above 960HI, speaking of last post it hit the target 1 for Intraday and now today it came to our entry point 184 and we shorted it there and now its CMP is 179, so pretty good gains there.
The next stock pick is MAX FINANCIAL SERVICES, it is something to go long on in the previous weeks it made a DOUBLE TOP and gave a corrective fall from there and now it is in a falling channel which a bullish pattern.
What I see in MFSL:
Near Daily demand zone
Support of Fib 78.6% at 920
Channel can be broken on the upside
BUY ABOVE - 960
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INFOEDGE/NAUKRI AT IMPORTANT LEVELHello Traders,
The last stock given here on tradingview did not close above the buying levels so here I am with a stock that is not a breakout trade but a support/resistance trade. The stock I am speaking about is Infoedge.
Now Infoedge gave a breakout of old resistance and went on a bull run for a 2 weeks or so but then failed to made a higher high and came down, now the point where Naukri is right now is the old broken resistance turned into support and it is supporting and resisting the fall for downward levels.
There is also a long-term trendline providing support at the same place making it a confluence circle so we can have a upmove from the same point again.
RSI has room for bulls
MACD crossing to green levels
Last breakout zone turned support
Trendline support present
Buy Above - 5760
Targets mentioned in the chart above
JSW STEEL BULLISH PENNANTHello traders,
The last two analysed stocks MOTHERSUMI and TCS have hit their target so you can book or trail.
The stock I have got for you today is jswsteel, it's trying to give a breakout at the time I am writing this idea.
It's breaking the counter-trendline which has been the resistance for 3 nodal touches, and it has also made a Bullish Pennant on weekly timeframe.
Buy above closing - 682
Targets mentioned in the chart above.
RSI is in bullish zone
MACD is Bullish
Pattern is on Daily as well as weekly timeframe.
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S&P500 Trend day. A.IThe S&P looks to be heading lower today for the Asia/Europe session.
The blue line is A.I forecasting where the price could head today. It is time based not price. It looks to be a trend day with a low risk opportunity to get short.
The is also a potential downside target of 4665 to complete the ABCD pattern.
Also there is a gap in the cash market down near 4600 this is a 50% retracement of the current move up.
I will post the US session A.I later before the open. Enjoy the day. I hope this helps.
FOREXCOM:SPXUSD
NESTLE BREAKOUT! POTENTIAL 5% UPSIDEHello guys, So I have found a trade of the FMCG sector-NESTLE, it's consolidating in a symmetrical triangle pattern and looks ready to give the breakout for upside movement.
All the required info is in the chart above, take a look.
BUY ABOVE-19490
Targets mentioned in the chart above (white lines)
RSI has room for BULLS.
MACD turning BULLISH
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Indian Hotels short opportunityAll the required information is in the chart above along with analysis points and some explanation.
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DRREDDY UPSIDE POSSIBLEI would not be able to able to explain this chart this time but according to me the chart looks pretty self explanatory.
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IBULHSGFIN bullish breakout aheadThe Stock has been in a falling channel pattern and has also made a symmetrical triangle which is a continuation pattern but a triangle also means that the sellers are ready to sell low and buyers are ready to buy high and this results to consolidation and then a point of breakout.
Ibulhsgfin looks bullish to me, if it breaks both the triangle and the channel then we will see a good upmove for the targets marked above.
Buy Above - 254/Blue Line
MACD is BULLISH
RSI has room for BULLS
EMA are supportive
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.
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AUROPHARMA Bounced off Demand zone. Go Long accordinglyHello Guys the Market have been Quite a good ride in the previous week and it was fun.
Last target of 10% in MAXHEALTH was hit in one day.
Now Auropharma was in a downtrend/correction phase for some time and now has reached a strong Demand Zone(Daily, Weekly, Monthly) and took a good >10% bounced of it and is making HH & HL in smaller timeframes. Now consolidating in a channel which is a bullish channel and I expect big upmove after the break of channel.
RSI has room for Bulls.
MACD is retreating from bearish side and now going towards bullish.
Demand zone bounce has already been confirmed.
BUY ABOVE - 687
Targets mentioned in the chart.
Manage your positions, Risk reward is good.
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.
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GODREJPROP Intraday Trading Set up 1Sell near 2206
60 MINS 50 EMA @ 2200 + Resistance zone + Resistance from trendline.
SELL IF THE ZONE IS broken with selling volume.
If 2260 is broken with volume, we will see some upside.
The Indicator Used:
1) Support/Resistance Levels are marked on the charts along with the parallel channel in the higher timeframe.
2) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
3) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence
If you like the analysis, do leave a like and follow for more such content coming up.
The analysis is my POV , hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
Maruti about to speedup...Maruti broke the counter trendline (Yellow) on daily time frame as well as weekly timeframe a month ago and then retested and took support beautifully from the same counter trendline on both timeframes that is now acting as a supportive trendline.
After that it has been consolidating for a few days, that according to me shows an accumulation phase (where buyers try to buy as much as possible without raising the price). It's also in a symmetrical triangle formation that is a continuation pattern and here it shows upside movement.
RSI looks good.
MACD recovering from bearish to bullish.
0.382 fib support present near 7450.
Finally
Buy above 7551 for the targets mentioned above in the chart
Choose your risk : reward accordingly.
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MAXHEALTH Potential Intraday/1 Week SwingMAXHEALTH has been Consolidating near the Support zone which also seems to be a prior Resistance, looks good for potential upside of 5%-8%.
Reasons to be bullish on MAXHEALTH:
1.Resistance becoming support is a bullish signal.
2.Impulse move from these levels seen before.
3.RSI is on good levels leaving space for bulls.
4.MACD is turning bullish but not moving too much, we can see it as an accumulation phase.
5.The support level is also 31.8% fib support.
BUY AVOVE: 343
Already given a breakout on 1 Hour timeframe so entry can be taken.
Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades that might have been rewarding.
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