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IDBI Bank LTDIn this analysis, we are focusing on Price Action and using pullback trading as our method of trading. Based on our trading methodology, the price has recently pulled back into the demand zone in the monthly chart, with a target of 105. The weekly chart has been in an uptrend, but recently has signaled a trend reversal. However, as a monthly zone is considered stronger than the weekly chart, we can expect the weekly chart to continue its uptrend and move towards a target of 105. I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:IDBILong
by Sejal_j
2
IREDA India should target 253.8 Daily chart, The stock NSE:IREDA has crossed a falling expanding wedge, and the target is 253.8, passing through a strong resistance level at 234.3 However, there is a strong Resistance line R, currently around 172.7 So, after stabilizing above 172.7 for 2 days, the target should be confirmed for a new entry (buy) Consider a stop loss below 154, and raise the level along with the bullish movement. Technical indicators: RSI is forming a bullish direction - positive MACD is about to cross up the zero line - To be assertive after crossing both the zero line and its signal.
NSE:IREDALong
by snour
4
NDR AUTO COMPONENTS LTD S/R Support and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:NDRAUTO
by zenthosh
BIRLA CORPORATION LTD S/RSupport and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:BIRLACORPN
by zenthosh
IFGL REFRACTORIES LTD S/RSupport and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. MA Ribbon (EMA 20, EMA 50, EMA 100, EMA 200) : Above EMA: If the stock price is above the EMA, it suggests a potential uptrend or bullish momentum. Below EMA: If the stock price is below the EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions.
NSE:IFGLEXPOR
by zenthosh
OFSSTrade Plan ENTRY-1 Entry-1 7984 Entry-2 7418 SL 7353 RISK 631 REWARD 5868 Target as per Entry 13852 RR 9.3 Last High 13221 Last Low 7353 OFSS MTF MTF-Zone TREND MTF Analysis Logic Proximal Distal Average HTF Yearly UP OFSSYearly Demand RR 5145 4280 4,713 HTF Half-Yearly UP OFSS6 Month Demand RR 4528 4528 4,528 HTF Qtrly UP OFSSQtrly Demand BUFL RR 5145 4280 4,713 HTF Average UP 4939 4363 4651 MTF Monthly UP OFSSMonthly Demand BUFL 7984 7368 7,676 MTF Weekly UP OFSSWeekly Demand BUFL 7984 7368 7,676 MTF Daily UP OFSSDaily Demand DMIP BUFL 7362 6850 7,106 MTF Average UP 7777 7195 7486 ITF 240M UP OFSS240Mn Demand BUFL 7418 7353 7,386 ITF 180M UP OFSS180 Mn Demand BUFL 7418 7353 7,386 ITF 60M UP OFSS60 Mn Demand BUFL 7418 7353 7,386 ITF Average UP 7418 7353 7386
NSE:OFSSLong
by pradyammm
ONGCONGC MTF MTF-Zone TREND MTF Analysis Logic Proximal HTF Yearly UP ONGCYearly Demand RR 111 HTF Half-Yearly UP ONGC6 Month Demand BUFL 106 HTF Qtrly UP ONGCQtrly Demand BUFL BUFL 212 HTF Average UP 143 MTF Monthly UP ONGCMonthly Demand BUFL 212 MTF Weekly UP ONGCWeekly Demand DMIP 225 MTF Daily UP ONGCDaily Demand DMIP BUFL 235 MTF Average UP 224 ITF 240M UP ONGC240Mn Demand BUFL 235 ITF 180M UP ONGC180 Mn Demand BUFL 218 ITF 60M UP ONGC60 Mn Demand BUFL 213 ITF Average UP 222 Trade Points 196 Trade Plan BUY ONGC ENTRY-1 Entry-1 224 Entry-2 213 SL 200 RISK 24 REWARD 105 Target as per Entry 329 RR 4.4 Last High 305 Last Low 200
NSE:ONGCLong
by pradyammm