A *LONG HEDGE *
REFERS TO A FUTURE POSITION
THAT IS ENTERED INTO FOR
THE PURPOSE OF PRICE STABILITY
ON A PURCHASE.
LONG HEDGE ARE OFTEN USED BY COMPANIES
THAT KNOW THEY NEED TO PURCHASE A COMMODITY
IN THE FUTURE AND WANT TO LOCK
IN THE PURCHASE PRICE.
THE LONG FUTURES POSITION MEANS
THE BUYER OF THE COMMODITY IS
MAKING A BET THAT THE
PRICE OF THE...
The Control Price basically performing as pivot supports and resistance level on this stock. Therefore, the control price target is 1345 above.
You have seen in the chart, how a previous supports or resistance always give twist reaction so, safe first safe target 1339.
As a trader, start profiting booking from 1339 to 1347.
At value low, and excess plotted...
ALWAYS PUT YOUR STOPLOSS 1ST
STOCK IS NEAR WEEKLY BREAKOUT AND MAKE A DOUBLE BOTTOM IN LOWER TIME FRAME AND NICE RE-TEST
I MENTION MY OLD POST TVS MOTORS FOR LONG ?
STOCK IS UPTRENND ABOUVE 50&200 DMA
THIS ANALYSIS FOR ONLY EDUCATIONAL PURPOSE
-THANK YOU FOR YOUR TIME
ALWAYS PUT YOUR STOPLOSS 1ST
1-STOCK IS NEAR WEEKLY BREAKOUT
2-GOOD CORRECTION AFTER GOLDENCROSS OVER
3-STOCK IS ABOVE 50&200 DMA SO TREND IS UP TREND
4-IF STOCK IS CROSS 490 WE WILL PUT OUR LONG POSITION WITH SL 475
THIS ANALYSIS FOR ONLY EDUCATIONAL PURPOSE
-THANK YOU FOR YOUR TIME
HDFC LIFE IS GOOD BREAKOUT AFTER NICE CORRECTION
ALWAYS PUT YOUR STOPLOSS 1ST
1-BREAKOUT TREND LINE
2-MAKEING H&S PATTERNS BUT WAIT FOR THAT
3-FIB 50% BOUNCE
4-BREAK 50DMA
THIS ANALYSIS IS FOR ONLY EDUCATION PURPOSE
-THANKU FOR YOUR TIME
The pair ratio has corrected to long term crucial turning point (range).
It is also standing at 61.8% retracement of rally from Jan'18 - Feb'19
RSI is in oversold territory
Going by history, the pair ratio is ripe for reversal from 38.58 now, to potentially 44+
M&M up by 6% but ranging in an upper step levels. CTP is 184.90. Last two sessions shows good volumn and marginally good upward moments and if stock break 189.00 level (It's resistance zone based on one hour chart) and 191 level (it's an upper step level resistance zone) then the stock will go up. Be cautious as there may be profit bookings. But stock looks...
