The stock gave excellent breakout with huge volume, swing traders can take position while sustaining on trendline by end of the day. I have shared my analysis in my mentor's swing group PRICE ACTION CHART. One can go long above Trendline with SL of 1295
HI all, Simple support and tested dynamic resistance 50 ema as well. people who want to take risk can go for target of 150, 150 + with support of 116.4. Estimated time is 2- 4 weeks. Please manage your risk.
Hi all Escorts looking good for short term investment. one can go long on daily candle close above 1192 or safe players above 1200.
Buy reliance above 2232 look at the hurdle breakout , it was below the hurdle from seven months.
Hi look at the chart, got good volume and gave breakout. The stock tried to break the 120 levels many times, but finally it broke the resistance and made it support. Now see the stock, it gave trendline breakout with good volume and if tomorrow it sustains above 163 then we can expect a very good move. Always maintain your risk reward. you can place your stop...
Look at the beauty of Price Action. It was consolidating for 9.5 years. It gave breakout of 7 year trendline breakout. Please Try to take position above daily candle close of 206.6. Safe players play above closing of 207 of weekly candle close. Look at the Volume marked below.
Marico looking like gives a breakout. consolidating from last 2 days. look for Trendline breakout only above 425.
Bank Nifty looks - Bullish If it crosses 25230 level then it will be a rocket. GO LONG. (Careful with Gaps) Bearish If it fails to break and If you find any sort of Rejection GO Short. (Careful with Gaps) It's my view, I'm not the future predictor. Stick with Risk/Reward.
Took good breakout, longterm resistance broken. Buy above 59.7.
We saw good rally in metals(Tatasteel,jswsteel,jindalsteel,Sail), these many days. Fresh Investors Ignore Metals as of now. Now It's in overbought zone, Will it sustain or we can see a big dip in All Metals. Also looks like completion of Elliott's 5 wave - . Go through my profile in.tradingview.com for all metals analysis done.
Time to book Profits !!!! We watched a Big Rally In Steel companies for last 20 days. We are looking Some weakness in Steel sector Includes Jswsteel ,Jindalsteel and Tatasteel in the last two sessions. All are at major support If it breaks the support then we can expect a major fall. check my profile for charts of jindalsteel and jswsteel. Look at this nifty...
We saw a good rally these many days. Lets see if Buyers are really interested to buy the steel stocks in Overbought zone or we will see a big dip in steel ? At major support, Short below 279.5
It was a good bull run from last 20 days. Now it seems weaker. It's just a correction or end of rally ?
Consolidating from the last 3 day ,We saw Multiple Rejections from support level and TL resistance as encircled, Let's see how the market reacts. It will be a good bull run if it breaks 716 Levels.
Looks bullish to me if sustain the levels mentioned.
Levels on chart, please trade with your personal risk.