Short here for a target a sub 720 levels. Triple top along with Bad results as compared with the expected results. Stop loss is a breakout above the triple top. Trail Stoploss for safety.
Hi, A potential bearish bat is nearby it's D leg completion on weekly chart of BHEL . If price hits D leg, look for lower time frame price action for timely entry. Trade levels mentioned on chart. Trade with Care Gulz
Buy if crosses 238 with good volume. Stop loss will be close below 236.5.
As shown in chart, PNB took support at Gann line and the uptrend may continue from here. Long position can be taken once it closes above 144.35 which happens to be 38.2% retracement level. SL and Tgt are shown in the chart.
If Nifty breaks 8327 8314 on the downside, it is likely to visit 8244 below that 8177. Above 8369 bulls may come back strong. Below 8314, the move can be quick to 8294 8289
* Dumpling Top * 50% Fib retracement * Gap at play * Negative crossover on Stochastic * RSSI sloping southwards
nifty struggles for up move. if it break innner trendline get short with SL 8430
Buying kotak bank because of price is at rsi oversold area on daily chart and strong bullish candlestick marubozu type formation with good volume,weekly chart is also at rsi support zone and target is based on Fibonacci Stoploss - 690 Target 1 - 747.45 Target 2 - 781.31
It is been observed on the hourly chart, that the price action is facing a selling pressure at 817-807 resistance levels, and now it shall further dip down to 50% Fibs retracement levels. Target 1: 755 Target 2: 744 Stoploss: 801
* Descending channel breakdown * 50% Fib retracement
It is been observed on Daily chart that the price action dropped down more than 20% from the highs of 580 levels, highly dominated by sellers. Now, I believe it has reached to a strong support levels where the big buyers shall be coming back in the market with a high demand that will take up the prices to the 23.6% Fib levels. Target: 450 Stoploss: 395 Risk Reward: 1:2
NCC has made beautiful Head and shoulder pattern and touching from below. it is at the 78.6 fib level from the current swing. Entry at this level with small Stop Loss and target around 80 is giving risk to reward ratio. Good Luck
Welcome Monday ! We are ready... Today we have simple ABCD trade setup bcos the Nifty move is yet to complete and with initial look itself we can predict we have support zone for Nifty created by Gaps. Even if Gap down happens today, I hope that will be in previous Gap Zone 8850's -8820's. Check with few fib ratio's over AB leg, ext. fall within zone. So if we...
The price action has been trading in consolidation and now it is showing momentum while breaking out from previous consolidation range. It is also to make note that the current momentum is been observed on fibonacci retractment level of 78.6. That shows buyers coming in with high pressure taking prices up again. It shall reach to 7.40 levels if it closes above...