Bhagesh108

Bhagesh108

HDFCLIFE is currently trading near an Good Quality Hourly Demand Zone which is again close to an Weekly Demand Zone ( making the entry zone even more reliable). The Opposing / Target zones T1 and T2 (both previously tested) have been marked in the image with levels and price movement should be observed around those levels. Stop loss has not been mentioned but...

Bhagesh108

Entry and Target levels are mentioned in the image

Bhagesh108

ENTRY- CMP SL- 114 (Conservative) 105 (Agressive) TGT- 210 Price has come near the Demand zone and has touched it a few time. The best thing is 2 Monthly zones and 1 Daily zone are colliding (sign of a strong demand zone) which seems to be difficult to be taken out. Also RSI is showing Regular Bullish divergence Safe ones can wait for Trend Reversal to enter.

Bhagesh108

Breaking the Multi Year downtrend by making a HH, HL & a clear Brekout with good Volumes Hold for 2-3 years with only 2 targets. T1- 228 T2- 650

Bhagesh108

Scrpit was in Downtrend since 2015 and now it is in Consolidation making HL& LH. Can be entered after the horizonal Black Line (34.2) is taken out indicationg begining of the Upmove and T1- 44 (Fib Level)

Bhagesh108

NSE:SPICEJET A clear Breakout from the previous down trend (Horizontal Black line) & Trendline was seen on Daily closing after taking support from Fib .618 & .5 leves. Can go long with Targets as: T1- 107 T2- 116-119 9Will act as a Major Supply) T3- ATH can start adding in small quantites for Mid to Long term.