Simple Chart with strong implications - - Resistance - Bearish Engulfing Pattern - Volume Confirmation - RSI oversold
MULTIPLE CONFIRMATIONS GIVES CONFIDENCE AND APPROVES STRONG TREND 1 RUPEE STOP 4.5 RUPEE TARGET RISK : REWARD = 1 : 4.5 FANTASTIC TRADE NSE:CIPLA
BREAKOUT EXPLAINED BEST ENTRY WHERE TO TAKE PARALLEL CHANNEL FORMS KEY SUPPORT DURING PULLBACK MY CPR AND FIB LEVELS GIVES US THE TARGET PRECISELY
Previous day is break-en, then we may go for Long
SELL canbk below 108 with stoploss 119 for target 100,92 result is also bad so it's good conformation
A doji usually indicate indecision and is sign of reversal.
READ THE CHART -PLEASE DONOT FOLLOW THE CHANNEL THE TRENDLINE IS JUST DRAWN FOR PREMATURELY TO FOR TESTING PURPOSE -NIFTY MIGHT OPEN NEAR 10300-350 -MIGHT RUN INTO HURDLES
Positional Scenario is for Long Trend. For Intraday on 1st June. Buy Above 19400 - Target - 19600-19800 Sell Below 19100 - Target - 18800-18600
Educational idea given on Candlestick charts pattern on RIL Share. Candle charts are not generating any trading ideas but provide the high probability that the stock move is going as per given direction. Check on daily charts all the conditions are fulfilled when we see the Shooting star candle visible on RIL share will go step by step . 1) After uptrend Shooting...
PLEASE SEE THE CHARTS FOR STUDIES
Reliance in daily chart given breakdown at 1430 zne fter a consolidation from 1466 to 1430 zone from 3 days now after breakout on downside , trading at 1410 now important level to note is 1430 /1440 on upside while on downside now its open for 1350 /1340 level. Upside resistance at 1440 /1460 zones . Fresh upmove only if close above 1490 for 1650...
pvr base immediate at 950/955 if breaks then 926 while upsid can be 990 /1003/1033/1042
Doji at resistance and support is a deadly combination for trading
BEARISH CROSSOVER IN STOCHASTIC INDICATOR RSI ALSO COMING FROM OVER BOUGHT ZONE ENTRY BELOW 356.2 STOP LOSS - 372