1. Trend: downtrend to sideways
2. Probable support area for reversal
3. Early entry will give highest reward with least risk
4. Can keep booking partials on the way to reduce risk if downtrend continues after a pull back
Hello! Traders, In this Chart Whirlpool is accumulating for the Long positional trade. It may be a good entry after MACD line Crossing the signal line.
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Super valid-looking! Leave a comment if you like my entry setup. This share is for educational learning purposes only, and I am not responsible for your profit or loss. Note: For more details, check the chart."
NSE:WHIRLPOOL is currently trading at its 2018 low levels, indicating a significant downtrend in the stock's price over the past few years. However, the recent formation of a hammer candlestick pattern suggests a potential reversal in the downward trend. Yesterday's hammer candlestick, followed by today's confirmation, indicates that buyers have stepped in to...
The Market is heavy sell side but it will take a breath and follow the fall
As per price action formation has been made in 1 week TF.
Its a very big move.
Always check the sentiments of the market as per technical analysis, if the pattern get its respect.
Best of luck to all traders.
You are responsible for your Profits and loss, Shared for Educational purpose
Whirlpool India is trading at around 50% down from its all time high, and the level which is trading at is bounce back zone, every time it came to that support it has always bounced, good opportunity to grab this stock at ideal price level.
this stock pays dividend and its debt level is negligible.
#Stock is at #Bestbuy price. #Discounted Price
#Accumulate the Stock before you see any Bigmoves. #Accumulate the stock in Parts.
Very good #Riskrewards for #Shortterm #investment.
#stoploss based on Daily candle closing Basis.
Support on Weekly Chart:
The weekly chart indicates that Whirlpool has found support, suggesting a potential area where buyers are stepping in. This support could act as a foundation for a bullish move.
RSI Support:
The Relative Strength Index (RSI) is showing good support. RSI is a momentum oscillator, and support at a certain level can indicate potential...
Weekly Chart Analysis
1. **Trend Analysis:**
- Achieved a peak of 2762 in January 2021.
- Subsequently, the stock has sustained a negative trend over the past two years.
- Recorded a low of 1213, signifying a notable 56% retracement from its highest point.
2. **Critical Support Levels:**
- Identifying a pivotal support range at Rs. 1242 to Rs. 1265.
...
Whirlpool of India
CMP@1321
Target 1400 , 1700, 1875 (long term maximum 2400)
SL - 1080
DISCLAIMER
it's just my technical view. I'M NOT A SEBI REGISTERED ANALYST. Before taking trade or Invest consult your financial advisor.
✅Here we provide TECHNICAL Levels and Charts.💯
✅This channel is for educational and self analysis purposes only!
BUY WHIRLPOOL PRICE @1470 18% ROI EXPECTED
Buy1 cmp entry @1470
Target 1 @1733
ROI 1 @18
Buy2 Pending entry @1214
Target 2 @1733
ROI 2 @42
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4. Risk vs...
This share is making gud consolidation near its weekly support and confirming double bottom & above its 20 MA supported by gud volume.
Buy near 1400 price range.
SL is 1280.
upside target near 200 MA= 1900. gud risk reward ratio.
6 month trade. or SL whichever is earlier.
Always trade with risk reward ratio and proper SL.
Currently finding it's base at a very good support zone, longs can be considered with a stop loss below 1250 as the risk to reward for a positional buy is favourable.
