TATA POWER LOOKS GOOD ON WEEKLY TIME FRAME Tata Power Looks Good On Weekly Timeframe it Made Support on Trandeline And Bounce Back The Data Shows The Power Of Buyers That Shows The Bullish Up Trande In That
Nseindia
NIFTY AUTONifty auto in upcoming days. Can took support from 9700-9800. And above 9950 we may see 10300 level. And if market unable to hold its 9700 we may also see 9350-9300 level.
Nifty Long Term BreakoutAs you can see there is a formation of a flag pattern which is a bullish pattern and Nifty has given a breakout of this pattern with the target of approx. 300 points i.e. 17000. It will make some swings but overall its has given a breakout. The only possible rejection is on the level of 16690-17000 according to the fibonacci as well as previous rejection, trend lines.
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*Disclaimer*- This is just an analysis of the data on the basis of technical factors such as chart patterns, candlestick patterns, trend line , option chain data, etc,. Stock Market or Trading in any type of market is subject to high financial risk. You should see this idea as just an analysis. You are not obliged to follow my instructions. You will be responsible for all types gains or loses in the market.
TATA STEEL INVERTED CUP & HANDLE TATA STEEL INVERTED CUP & HANDLE - AUGUST 26
IN 5 MIN TIME FRAME ITS SO CLEAR
if it Breaks 1380 Go For Selling Based On Your Setup
Ultratech - Short term Bearish
Ultratech on daily time frame, we can see oval (if not perfect round) format.
Incase if breaks below trend line - we can see good downside in short term.
Please remember - currently trading just above 50 EMA
Volumes are below average
Next immediate support will be 50 EMA / 7054-6998 / 6685
Add to watchlist - please spend time and effort on own analysis before investing.
Bandhanbank is Sell n Run can see 150 in 6 monthsBandhanbank is Sell n Run, can see 150 within a year, do try to buy low .
BanNifty Future view - Sell on RiseBankNifty future after breaking a trendline gave a pullback till trendline resistance and started falling again. It opened Gap down on negative global market cues. It traded and closed negative and below 200 MA on 45 min. chart throughout the day. We may get a bounce back if global market supports. In any bounce back till previous support which is 35700 can be a sell opportunity. View is negated if it closes above 35700.
hdfc swing tradetime to short banknifty till market price range. 200ma will conform our shorting trade. it previouslu took good support here too, but overall momentum is bearish.
INDIGO from 15 / 8 / 2021The stock is in consolidation zone for a few months
Expecting a few fake breakouts then a good upside movement from the stock
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PS : the company is loss making company only small quantity size
Swing Trade Setup - Power Grid Corp.Hi Traders,
Price is trading above the 50D moving average in the monthly timeframe. Price tested the golden zone and broke the trendline.
Happy Trading.
JSWSteel - ready to breakoutHello Friends,
I am posting after couple of years :). Due to personal work, I didnot concentrate on trading.
Well, here I am.
With stock ideas. Soon, will post Crypto Ideas as well.
JSWSteel, it broke the triangle patter few days back. Now trading at 750 ranges testing the ATH.
Now, seems the selling pressure as been reduced and we are at the last push. A dip to 730 rs, can help the stock to gain the strength and make new ATH.
This scenario would complete a Cup and handle pattern. One can watch this and trade the breakout.
I am just sharing my analysis, you own your money. So, when you trade please manage your risk.
NSE : KOTAKBANK - KOTAK MAHINDRA BANKChart is self explanatory.
Comment if in doubts.
Good bank, but bearish short term.
Technical trade setup.
HDFCBANK Bullish for Intraday Tomorrow For some days HDFCBANK is moving in channel. Presently it at the lowest point of the channel, it might show a bullish move tomorrow for Intraday.
Just my observation, take you trade as per your understanding.
ACC 15 Mins Chart Showing Positive MoveACC is moving in a upward channel. Yes it just hit the lowest point of the channel and bounced back. Today most probably it will be moving up. Even when the market was falling this week, ACC was one of the strong stocks which was giving Green after Green Candle. Wait and watch for first 15 min candle and take your call on Long / Short according to the movement.
Ramco Cement Reversal Trade The stock has reached lower trend line and looks to take support and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby & 200 EMA .
Risk Reward Ratio - 1:1
SL is placed below multiple major support zone and target is place near swing and channel high.
Note: As the market is under selling pressure, enter only after confirming a reversal.
Long side Break Out Opportunity in ITCLong side Break Out Opportunity in ITC
TARGET 1 -> 230
TARGET 2 -> 300
STOPLOSS -> 190
1. Near to breaking out of this triangle zone
2. Good upside potential
3. Accumulate below 210
4. Very undervalued
5 . Overall bull run in market can support
6. expectation for up coming result in August
Nifty Long for July MonthNifty Long
1. Nifty Trading in Range 15700 - 15900
2. Fav. Risk Reward at this level
3. Target 1: 17800
4. Target 2: 17900
5. Stop Loss: 17600
Positional trade with monthly position
MOTHERSON SUMILevels -
Buy - CMP
T1 - 250
SL1 - 230
T2 - 280
SL2 - 220
The stock has turned around from its interim support after dipping to the level of 232. It is expected to witness the levels of 240 and then 280 in short and long term respectively. The target levels and their corresponding SL's are listed above. The primary reason for this anticipated up move is the shortage of semiconductors in global markets required for manufacturing cars, laptops, etc. Motherson Sumi is one of the manufacturers with global clients. Demand for its manufactured products is expected to increase, resulting in to increase in the order book, thereby increased profits.
NOTE: These findings and levels are purely based upon the knowledge and understanding of the post publisher. The idea here is to predict the future price movements hence, please do not consider this as stock advice or recommendation.
