ACC Intraday Trading Analyze - NR4 range & Bullish Continuation

ACC Ltd is looking attractive for bullish on tomorrow and short term, The reason behind bullish view is ACC traded in last 4 session very narrow range that 12th August is NR4 Day (Narrow Range Day) and previous 3 days candles are formed like Morning Star Japanese Candle Stick formation, So ACC tomorrow might be closed in green candle.

What is NR4 Day Strategy:

When recent day candle stick range is smallest among last 4 trading session including current day that day is called as NR4 day, As per technical analyse the very next day from NR4 day will trade high volatile / range, So that will be an opportunity to use that stock to trade in Intraday Trading.

Follow Opening Range Breakout method to identify the correct trend and Do your own analyse before start the trade, The view described above is only learning purpose.

HDFC- Short Term View of 1500 and Intraday View for 08/08/2016: Bullish Continuation, Bearish Price Rejection

"Home Development Finance Corporation" - HDFC is one of the important best stocks in Indian Stock market it is parent company of "HDFC BANK", Like Reliance, TCS, Infosys, Hero Motocorp we can say it is bone of Indian Stock Market.

By closing 5th August HDFC in big Greend Candle so it will be followed coming monday also it will go up for short term target of 1500 in month.

Do your own review before start trade.

Intraday Trading Views for 28/07/2016- Eicher Motors - Bullish Continuation-CMP 20339

After "Hammer Like pattern" formed on 22/07/2016 (Refer Pic below) 3 bullish consecutive Green candles formed till today, Technically tomorrow some negative sign expected there but amid expectation on last quater result which will release tomorrow is expected big numbers that boost this stock price. So use Opening range breakout/down method to select trade bias.

Do your own review before the trade.

Credits: Investing.com