This presents an attractive opportunity for swing traders to capitalize on the potential uptrend in Hindustan Petroleum Corporation Limited ,a leading energy company in India engaged in the refining and marketing of petroleum products. Reasons are listed below : Strong Support at 450 Level : HPCL has established a robust support level at 450, indicating...
Ashok Leyland, one of India's leading commercial vehicle manufacturers, presents a compelling opportunity for swing traders. Reasons are listed below : Cup and Handle Pattern : The stock has formed a cup and handle pattern, indicating a potential bullish continuation. This pattern suggests a brief consolidation followed by a breakout, typically leading to an...
#IRCON SWING TRADING STOCK Entry - 250 SL - 225 Targets - 280, 320 @Jagadheesh_JP
BUY ABOVE - 49480 SL - 49340 TARGETS - 49670,49850,50000 SELL BELOW - 49180 SL - 49340 TARGETS - 49020,48800,48630 NO TRADE ZONE - 49180 to 49480 Previous Day High - 49480 Previous Day Low - 49180 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
BUY ABOVE - 22710 SL - 22640 TARGETS - 22780,22830,22880 SELL BELOW - 22640 SL - 22710 TARGETS - 22600,22550,22510 NO TRADE ZONE - 22640 to 22710 Previous Day High - 22710 Previous Day Low - 22550 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
This stock breakout nearly 5 years consolidation level with huge volume and this is only for educational purpose
Sapphire Foods , a leading player in food and beverage industry, emerges as a potential swing trade candidate. Reasons are listed below : Ascending triangle pattern breakout observed, suggesting potential bullish continuation. Bullish engulfing candle on the weekly timeframe, engulfing the previous 13 weekly candles, indicating a strong bullish reversal. ...
PIDILITE INDUSTRIES looks good for a swing trade. This stock is a fundamentally strong and is now available at a discount as per technicals. The Reasons are listed below : Strong support at 2250-2300 levels. Formed a strong bullish engulfing candle on weekly timeframe. 0.382 Fibonacci support. Broke falling wedge pattern i.e a bullish sign. Holding onto...
BUY ABOVE - 49480 SL - 49250 TARGETS - 49670,49850,50000 SELL BELOW - 49250 SL - 49480 TARGETS - 49020,48800,48630 NO TRADE ZONE - 49250 to 49480 Previous Day High - 50000 Previous Day Low - 49250 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
BUY ABOVE - 22600 SL - 22550 TARGETS - 22660,22710,22780 SELL BELOW - 22550 SL - 22600 TARGETS - 22510,22470,22430 NO TRADE ZONE - 22550 to 22600 Previous Day High - 22780 Previous Day Low - 22550 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
NIFTY is playing inside a strong bullish channel where we witness a steady growth ever since the bullish sentiment. Price respected the previous high created on the daily timeframe. Where we might see some price action intact with the upper and lower boundaries for sometime. With a future breakout confirmation on the lower boundary, we may witness a bearish trend...
NSE:NIFTY at its all-time high is consolidating in a channel pattern between 22000 and 23000. Good time to accumulate value stocks to reap benefits if nifty breaks upwards. Also reserve to pump in capital if nifty breaks downwards. Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common. Caution : This...
BUY ABOVE - 49480 SL - 49250 TARGETS - 49670,49850,50000 SELL BELOW - 49250 SL - 49480 TARGETS - 49020,48800,48630 NO TRADE ZONE - 49250 to 49480 Previous Day High - 49480 Previous Day Low - 48310 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
BUY ABOVE - 22660 SL - 22600 TARGETS - 22700,22770,22830 SELL BELOW - 22600 SL - 22660 TARGETS - 22550,22510,22470 NO TRADE ZONE - 22600 to 22660 Previous Day High - 22660 Previous Day Low - 22430 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...
With a rich legacy and a strong foothold in the industrial sector, Finolex Industries emerges as an intriguing candidate for swing traders seeking opportunities in the market. Reasons are listed below : Breakthrough Attempt: After multiple tests, the stock is attempting to break through the critical 240 level, signaling a potential bullish breakout. ...
Identified a bullish breakout on the flag formed. Here we expect a continuation in the rally back towards the previous high formed close to 192+
Continuation in the bullish trend formed under the daily timeframe. Once again we witness a bullish breakout on the bull flag formed where we see a potential rally to the upside. This trend remains strong and valid with a perfect bullish setup.
BUY ABOVE - 48310 SL - 48220 TARGETS - 48400,48500,48630 SELL BELOW - 48120 SL - 48220 TARGETS - 48030,47940,47840 NO TRADE ZONE - 48120 to 48310 Previous Day High - 48630 Previous Day Low - 48120 Based on price action major support & resistance's are here, the red lines acts as resistances, the green lines acts as supports. If the price breaks the...