Guru7208

Guru7208

In the ICICI Bank. It displays multiple week candle in the chart. Simple words : 1. Head & Shoulder pattern. 2. Multiple Rejection Candle. 3. Volume Increased (1220 to 1230). Entry : Stock should break the neckline and if Candle body close below 1160 price. Target : 1340 Reacting Points : 1164 Stoploss : Above 1230. Explanation : Technical analysis :...

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Currently, Tata Motors is in the channel support zone. We have two possibilities. 1. If the stock breaks the support line. Then it will touch the orderblock. 2. If the stock breaks the inside symmetric resistance line with a strong bullish candle. Then we can go for buy. But Yesterday, Tata Motors emerged victorious in the Singur case, securing an arbitration...

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As per the SMC concept, the market needs more liquidity to break the Previous HIgh. Liquidity means the price should break the previous low, In simple words, the market needs inducement to fuel the volume. In this chart, the price breaks the previous low and also sweeps liquidity. Now the market has a huge possibility to change its direction. Now take buy...

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1. This is not a highly volatile stock. Usually, it takes more time to break the resistance level. But, As per previous data when the stock break the resistance level it went to 60 points and trade around that particular price range for 4 to 6 months. Eg) 1. 22 Dec 2020 break the resistance level and went to 108 to 158 - 50 points 2. 27 Sep 2021 break the...

Guru7208

Nature of stocks: Tech Mahindra has traded within the price range of 980 to 1146 since June 6, 2022, It has recently broken out above the upper limit of 1146 on the weekly timeframe. This breakout suggests that there is a higher potential for the stock to reach the price range of 1360. Confirmation : 1. Break out the one-year resistance line. (weekly time...

Guru7208

perfect channel pattern and breakout examples. It had three support and resistence , after the breakout see the result.

Guru7208

past predications of tata motors. If we would invest we get a good returns.

Guru7208

See the previous breakout, while market break the price range of 908, it went to 948 (1st target ) and 981 (2nd target). People were interest to buy in this price range. So wait for the retracement, after the retracement, If you see any reversal candle in EMA (1 hour time frame )(or) bullish engulfing . Take entry.

Guru7208

Last week , I anticipated one idea about pidilite industries, Right now its successfully hit the resistance(target).

Guru7208

1.1. If the market break the 0.50 % level in fibonacci ,it went 61.8. 2. It looks like a chart pattern , it will touch the resistance. 3. Morning star candlestick pattern formed. In case market goes to down dont sell wait for the confirmation

Guru7208

hammer formed, wait for a confirmation candle.

Guru7208 Updated 

Airtel will reach high at 588 and will again his support