Why you shouldn't invest in metal stock post budgetDon't get easily fooled by the positive news for metal stocks post budget, here is the weekly chart of Nifty metal! Sideways action since the initiation of the index! Now if you are good at catching tops n and bottoms of the market you can go ahead and trade it, but even Hedge fund managers have a tough time doing this so good luck 😉
Nseindia
AXIS BANK - Swing Trade SetupHi Traders,
We have spotted a divergence in Axis bank daily chart. Price broke the inner trendline yesterday and price is retesting the trendline. If price close below its confirmed breakout and we can sell till price reach TP 1 or can hold till TP 2, its likely to test the outer trendline.
Happy Trading.....
SBI 13/01/2021 updated after 1St TP achievedHi
this analyze is base on my preview video analyze of the same ticker
www.tradingview.com
as we can see our first target was 300 to 310 Rs which we had achieved and now we are crossing the 161.8% fib projection which is also called as extension zone in Fibonacci jargon and it gets interpreted that once we touch this zoon after crossing the 127% of the same fib, then we can expect the trend to reach the 261.8% of the same fib projection which I have specified with the TP Zone Box (350Rs)
we may have a renege and consolidation period as we are breaking trough a tough resistance zone which i have specified with the red box.
or a little bit correction to 127% of fib but the ultimate target is to cross the resistance zone and hitting our target price of 350Rs
please comment your opinions
HUDCO NSE 2021 complete Price Action analysis up to July 2021Hi
here I have analyzed the Housing and Urban ticker of NSC using Divergence strategy as we can see the trend is making bullish divergence with MACD which is a sign of trend reversal and complete Price Action and Fibonacci retracement and its confluences with the Fibonacci Projection
I have speculated the time of immediate TP by Fibonacci time zones
you can we can see i have specified the supply and demand areas with the support and resistance of the candles formation which has got the complete confluences with the fibots zones
i had earlier also analyzed this ticker so you can refer to my 6 months back analysis too
please comment your opinions for me
2E Signal Generator | ICICIBankDear Traders,
We have developed highly customized and advanced indicator that can generate buy signal to take positions which can return more than 2% of profit over 3-5 days on an average,
We are open to test this indicator in different exchanges to understand the application.
Feedback and request to test it on different exchanges and symbols is welcomed.
It has a inbuilt-risk module which takes into account the noise and ensure signals are actionable.
-T
2E Signal Generator : Tata Motor AnalysisDear Traders,
We have developed highly customized and advanced indicator that can generate buy signal to take positions which can return more than 2% of profit over 3-5 days on an average,
We are open to test this indicator in different exchanges to understand the application.
Feedback and request to test it on different exchanges and symbols is welcomed.
It has a inbuilt-risk module which takes into account the noise and ensure signals are actionable.
-T
Federal Bank from 7 August 2020Federal bank is showing good sign of coming out of retracement to possible upside, candle closing important
BUY: - 54 - 55.35
Targets:- 57 - 60 - 62
MFI increasing -> buy when above 50 mfi
Trading setups :
1. Best would be monthly income strategy
Sell 50PE + Buy 48PE (hedge) giving 9 % percent return monthly ---> or else ( Buy 40PE ) can also be used as hedge
2. intraday setup given already
PVR NSE 2021 complete analysis with Time SpeculationHi
here is a complete Price Action analysis of the PVR with specified supply and demand zone and I have used Fibonacci retracement and projection to project the target areas.
I am mainly bullish on this ticker as the corona pandemic is getting over and all theaters and cinemas are reopening so we can see that the PVR company is getting back on its legs and to its previews trend
I have used Fibonacci time base tool to specify the future events and targets dates to come...
please comment me your opinions
ERIS LIFESCIENCE - Symmetric Triangle PatternERIS Lifescience is trying to create a symmetric triangle pattern in 6 months timeframe and can possibly give a breakout in upward side considering the pharma sector still has a pending bull run. One can take a long position from 517 - 524 for a possible breakout. Targets should be - 546 - 588 - 588++