gregferns

gregferns

#MPHASIS Looks very good for a sh ort term swing trade. Strong Bullish engulfing. If it gets confirmed by another green candle closing above closing of 14th march, (and if crosses the zone marked around 2500 levels then can reach targets marked as red lines. RSI also has come up from below 30 and is now around 40 levels. RR not very good right now but if it...

gregferns Updated 

Good to go long in Asian paints - looks like turnaround. Taken support at long standing demand zone. Upside move possible till highlighted supply zone. Disclaimer : I am not a registered SEBI analyst or researcher. These ideas are only for education. I am not responsible for anyone's losses or gains.

gregferns

8.1.24 Disclaimer - I am not a trained or registered analyst. I do this only for my learning. I am not responsible for anyone's losses or profits. Interesting setup in Bandhan Bank on Weekly TF. Possible reversal on the cards with an out below the supporting parallel channel trend line. If it goes upside then potential resistances are marked. Let's see.

gregferns Updated 

Disclaimer - I am not a trained or registered analyst. I do this only for my learning. I am not responsible for anyone's losses or profits. SBI - very well poised for an upmove. Good trend zone support with multiple previous interactions at this zone. - Reasonable RR and small SL also. BUT if it breaks and goes below than can be a Head and Shoulders pattern also.

gregferns Updated 

Disclaimer - I am not a trained or registered analyst. I do this only for my learning. I am not responsible for anyone's losses or profits. Glenmark Pharma Good for possible long upside for 1 : 3 RR SL of 20 rs. Swing highs mark the upside resistances and trendline zone is acting as support.

gregferns

On weekly TF Retest of a consolidation range breakout which has lasted for a year. possible upto 1:3 RR SL Targets mentioned. Disclaimer - I am not a trained or registered analyst. I do this only for my learning. I am not responsible for anyone's losses or profits.

gregferns Updated 

15.6.23 - 5 pm Disclaimer - I am not a trained or registered analyst. I do this only for my learning. I am not responsible for anyone's losses or profits . Analysis - On daily TF 1. Has closed below rising trendline, so looks like a breakdown. 2. Has closed below 200 EMA 3. Seems to break lower trendline also. 4. RSI also is heading towards oversold zone. Lot...

gregferns Updated 

16.6.23 - EOD 9.30 PM Disclaimer - I am not a trained or registered analyst. I do this only for my learning. I am not responsible for anyone's losses or profits. ICICI Bank Observations on daily TF 1. Flag and pole formation 2. Flag breakout can happen in near future. 3. Inside bar candle formation on last 2 candles 4. If breakout happens on upside then...

gregferns

Broken rectangle sideways movement zone. IF breaks on 14th mar 2023 then possible towards 1540. Will check for a BEAR PUT SPREAD for entry.

gregferns

Bullish Engulfing on Daily TF. Hoping for a breakout from the trendline to reach towards the target zones marked with red lines.

gregferns Updated 

CMP - 1977 - 14th march 2022 Possible upmove till 2060. If crosses 2090 ~ 2100 comfortably then more upside possible till 2200 levels... S/R plotted Disclaimer - I am not a trained or registered analyst. I do this only for my learning. I am not responsible for anyone's losses or profits.

gregferns Updated 

CMP - 7316 - 14 mar 22 S/R levels are plotted. Fibo levels show comfortable breach on upside of 23.6% Bullish engulfing on daily TF. Can reach 7450 / 7500 Disclaimer - I am not a trained or registered analyst. I do this only for my learning. I am not responsible for anyone's losses or profits.

gregferns

CMP - 2229 - 14th march 2022 Upmove already happened but still long way to go. S/R plotted and Fibo levels also marked. Next fibo level possible. But upmove also fueled by China Lockdown which will drive RM prices higher and which in turn will help Deepak Nitrite move up. Disclaimer - I am not a trained or registered analyst. I do this only for my learning. I...

gregferns

14th march 2022 CMP - 1048 levels. Currently at FIBO resistance level. If crosses this level with good volume, 1100 levels possible for short term. Caveat - RSI also already on high side. Disclaimer - I am not a trained or registered analyst. I do this only for my learning. I am not responsible for anyone's losses or profits.

gregferns

Breakout done from consolidation zone. Volume also showing increase. Next 2 fibo levels look good for targets. Possible entry would be current price or retracement till consolidation resistance zone which can now be support zone.

gregferns

Support and Resistances plotted. Absolute target is highest swing high. Zone marked in rectangle is strong support zone

gregferns

Consolidation phase as marked on chart. Waiting for breakout. Fibo levels plotted for resistances

gregferns Updated 

Description on chart