#SAIL - The stock has broken from its resistance level with good volume. The target should be along the Fibonacci levels towards it previous high of 112. The stop loss can be around 80 levels.
Disclaimer :- For educational purposes.
A young professional who is passionate about trading and investing
Bhavya Gangar's Posts
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Reputation: 7,306 • Dec 28, 2022 4:17 AM
#SBICARD - A falling wedge formation is on the verge of the breakout. If the price turns back into the wedge it can form a inverted head and shoulders like formation. Something to look out for.
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Reputation: 7,306 • Dec 28, 2022 4:16 AM
#SBICARD - A falling wedge formation is on the verge of the breakout. If the price turns back into the wedge it can form a inverted head and shoulders like formation. Something to look out for.
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Reputation: 7,306 • Dec 28, 2022 4:08 AM
#ABBOTINDIA - A breakout on the upside of a rising channel pattern followed by a very typical price action pattern. The price is fluctuating and about to retest the upper trendline of the channel formation. A good stock to follow for price action study.
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Reputation: 7,306 • Dec 28, 2022 4:07 AM
#ABBOTINDIA - A breakout on the upside of a rising channel pattern followed by a very typical price action pattern. The price is fluctuating and about to retest the upper trendline of the channel formation. A good stock to follow for price action study.
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Reputation: 7,306 • Dec 22, 2022 10:16 PM
#ZYDUSLIFE - The stock rallied followed by a fake breakout, went on to form a flag pattern which further gave a breakout and then a long rally downwards. The stock is again moving upwards.
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Reputation: 7,306 • Dec 21, 2022 12:05 AM
#BAJAJHIND - The stock has shown a strong rally from 11.25 onwards. The stocks has broken out of it trendline and parallel channel. However RSI is 75 which indicates overbought. The stock may see a pullback first as seen in last candle where it did not sustain 20.25 before closin......read more
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Reputation: 7,306 • Dec 20, 2022 11:55 PM
#BANKBARODA - The stock has rallied non-stop from 89 levels to 197. The stock was moving nicely in its parallel channel. However, the stock seems to show sign of exhaustion. The RSI is also above 70 indicating overbought zone. We may witness some pullback and profit booking in th......read more
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Tomorrow market is likely to be bearish. So, the likelihood of hal breaking below the tredline is high.
Dec 16, 2022 4:02 AM
Reputation: 7,306 • Dec 16, 2022 3:59 AM
#HDFCLIFE - after a long rally the stock went on to form a head and shoulders formations before breaking the neckline. A pullback can now be anticipated since we can observe a flag formation. 50-200 EMA cross might act as important support.
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Mtf is a tool to leverage. In the beginning it is not advisable to use leverage to trade. Once you get a good grip on trading then only it is advisable to go for mtf. Because you have to pay interest also on the amount or value of share purchased
Dec 15, 2022 3:48 AM
Reputation: 7,306 • Dec 8, 2022 4:26 AM
#NLCINDIA - The stock has given a massive breakout on a daily timeframe. First we see a cup and handle pattern formed and it broke out from 83 levels with good volume. And today it has finally given a close above it long term resistance level of 92.5. The RSI is also around 64 wh......read more
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Reputation: 7,306 • Dec 6, 2022 5:04 AM
#MINDACORP - The stock gave a breakout from a triangle formation before giving a breakout from an inverted head and shoulders formation which was within the triangle. The price is taking support of 50-200 EMA cross and formed a red candle with indecisiveness on breakout, the com......read more
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Reputation: 7,306 • Dec 2, 2022 1:01 AM
#ULTRACEMCO - the stock gave a breakout with huge volumes after sideways movement.
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Reputation: 7,306 • Dec 2, 2022 12:59 AM
#NIFTYIT - The index has finally given a breakout with a gap-up open and it has sustained. This opens up for a rally to 33,350 levels.
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Reputation: 7,306 • Dec 1, 2022 1:14 AM
#JINDWORLD - A cup and handle formation on the verge of breakout while the RSI is forming lower lows.
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Reputation: 7,306 • Nov 30, 2022 5:18 AM
#DLF - the stock seems to have changed its direction towards the upside after it gave a breakout from the falling wedge type formation. the price retested the previous levels before again moving on the upside.
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Reputation: 7,306 • Nov 28, 2022 9:25 PM
#MSTCLTD - after a long phase of consolidation the stock has finally given a breakout with huge volumes towards its lost glory of 515 levels.
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@ShivuM My pleasure 😊
Nov 27, 2022 2:18 AM
@gohan first let it cross it resistance level of 65 then we can see 79 levels
Nov 27, 2022 2:17 AM