dheerajprakash057

dheerajprakash057

Pleasure to have you here. in this 15 minutes chart, the chart has been slightly in uptrend and based on the technical analysis have prepared a small intraday setup. if you like the idea please like the post :) It will be a motivation to further such ideas. Note:- 1) This is just an intraday analysis setup and no advice to trade. 2) If you are making position,...

dheerajprakash057

If someone wants to make a fresh position in mahindra and mahindra, Neutral as of now

dheerajprakash057

Major points of analysis and decisions - 1. Trend pattern upside 2. Stock is at the below of trend channel 3. Doji formation at the bottom after many red candles showing an indecision among sellers or weakness in sellers 5. Strong long tail doji 6. RSI 50 Target 423-432

dheerajprakash057

If I have to buy this, I will buy at 97.75, will keep a stop loss of 1 rupee that is 96.75 or so And target will be 100 Quick Summary of Analysis - Risk to reward 3:1 With trend RSI 50 with a small upward move which is not so strong but have potential to reach 70 and hence can reach our target price of 70 Reason for keeping SL so near is that in MACD, the...

dheerajprakash057

1. Market sentiments positive - no bad news 2. Trend line 3. Next resistance 500-510