Bseindia
TCS Long Trading SetupNeed to settle in channel
Adding some stock here
Below 2100
Stop : 2000
Target : 2200 , 2300
reliance industries ltd.ril making higher highs, now 52 on week high, after resisting from 1865 the price made a strong support at 1800, our new targets are shown in the chart, wait for breakout retest.
NIFTY 50 | Not out of danger yetNIFTY50 is bearish until or unless 10,700 breaks and flips. Tread carefully.
- Bearish Divergence on the RSI
- Rising wedge in the formation.
Anything can snap anytime. All it takes is one bad news.
Thank you
Nifty & banknifty levels for tommorow Expiry (02-07-20)Nifty & banknifty levels for tommorow Expiry (02-07-20)
yes bank ltd. in downtrendyes bank ltd. is in downtrend, falling resistance is blocking the price and not letting it to go up. wait for breakout.
Mahindra and Mahindra Trade Updateprice at resistance and consolidating here we can see 490 rs in next week and if hold than ready for 600 soon
let's wait for confirmation here
Reliance Price in Ascending Triangleprice in ascending triangle ready to break above
wait for market to open and than we will take trade at retest
if resistance isn't break than it can touch the support again.
JSW ENERGY | BULLISHJSWENERGY is showing buying pressure at this level.
-MACD is crossing bullish on the 1H which will take the price past 45.
-Resistances are at 46.5 and 49.
-Please leave a like :)
Hold it for a weekAfter few days of consolidation, we may see upside moves again my stop loss will be 388 and looking for the target of 450.
It still looks good to meHorizontal supports must sustain as of now, my target would be 218.
I kept it far, a bit deliberately as the pattern looks good.
BHARTI INFRATEL | ANALYSISLooks good so far, i'm expecting this to go till the sell region and retrace 38.2%.
- AB=CD Pattern identified in chart.
HDFC | AnalysisFirst in all, it hit major support region and bounced right off it.
- This is a sideways market where Bollinger bands are very useful for trading. The price action just hit the lower band. Which is a buy !
- RSI Showing bullish divergence on the 1H and above.
These are my buy signals. Might have a good day on Monday!
SUN PHARMA | H&S formationThere's a head and shoulders formation on the intraday chart for SUN PHARMA.
Advise caution. Good short opportunity!
ADANI PORTS | AnalysisForming an ascending triangle with the price action reaching the top resistance. I'm looking to see some downside here.
- Buy region around 278-280
- Look for a good reversal around that level and enter trade.
IndusInd Bank | NSE | AnalysisAlthough Bank Nifty seems to be "pessimistic" I feel IndusInd Bank will hold the support line on Monday.
- Any Sign of a reversal with a good candlestick on Monday is a huge BUY Signal!
- Although place a tight stop loss in case Nifty acts up.
-Kautilya.K
Kotak Bank | NSE AnalysisComing week is rough for the banking sector as Bank Nifty shows signs of weakness with a converging MACD. Just trade the range.
- Kotak Bank MACD also showing signs of weakness. Based on how it plays out on Monday I will update this trade.
-Kautilya.K
SUNPHARMA AnalysisPossible upside. TP1 is a definite target. TP2 if uptrend is strong with good volume.
-Kautilya.K
ULTRACEMCO | AnalysisChart explains it all.
-Ascending triangle with a desceding channel within, pointing to a short term target of 3650 before a retrace.
- Will Update when required.
-Kautilya.K
RELIANCE INDUSTRIES EXPECTEDD TRENDLINE BREAKDOWNAS YOU CAN SEE RELIANCE IS AT ITS MAJOR RESISTANCE AND ITS ALSO NEARLY 60% UP FROM ITS PREVIOUS LOW WHICH MEANS FIBONACCI RETRACEMENT POINT IS ALSO ACTIVE HERE SO THERE IS EXPECTED BREAKDOWN IN RELIANCE AND IT MIGHT BE A SMALL CORRECTION.
ITS ONLY FOR EDUCATIONAL PURPOSE
