Here is rectangle pattern setup. Wait for breakout above 1740
Can tata motors sustain above 80 ? I am doubtful Let the market show its way !
intraday trade setup for study and personal obervations
educational purpose share one can observe and learn
The following points i deduce from the Titan chart 1) The fall from 1344 to 719 looks Impulsive 2) The fall has been retraced by 38 % 3) Although Titan can still go above , it will still be considered as part of corrective wave. Hence to conclude Titan is not good for investment at the present levels & let the market show the correct level to enter the trade...
SHORT TERM EXITING FROM SHORT , WAITING FOR 7850-8000 ZONE AS 4H CHART SHOWING HIDDEN BULLISH DIVERGENCE WITH RSI ,IT MAY BE BITCOIN WILL CRAWL UPTO 7850-8000ZONE ,
3 DOJI ON DAILY CHART IN ASCENDANCE , THAT MEANS A BULLISH UPTHRUST CAN HAPPEN ANYTIME , BUT I M AGAIN VERY MUCH CONFIDENT OF FINAL FRONTIER RESISTANCE OF 9975-10100 ZONE , ITS A PRIME SHORTING ZONE FOR A NEW LOW IN THE NEXT (MAY) MONTH . SO LONG NOW TILL 9970 & SHORT ABOVE IT.
FOLLOW THE SYSTEM AS YOUR KNOWLEDGE
Educational Purpose.
Educational Purpose.
ONGC is poised for a good base around this level of 65-70....! Good accumulation area. Below this even upto 50 it is still an addition Zone. Whenever fuel prices takes off from 25 $ upwards, ONGC will start getting back its lost glory. Oil Economy has still some steam left for another 5 years. Do not miss the Dividends.
Finally Nifty closed in the major supply zone @ 9365-950. On the downside short term major demand zone @ 8850-9100. If Nifty will sustain 9350 which is a lower level of its supply zone then it may test 9500 which is a higher level of the supply zone. Supply Zone is very wide so it is difficult to get a valid technical stop loss so I made a short position...
A super intelligent friend of mine Anjan Oleti over here thinks that I am misleading people & he promised to do the opposite of what I say. So today he had gone long in Intraday in NIIT Tech at 1186-1190 with target as EOD. NIIT Tech ended around 1177-1178.90. I hereby take this opportunity to congratulate him for an outstanding trade. All those fellow friends of...
REC has always been in a tight range. Now at the multi year support line. Play the range 88-121. Dividened is additional bonus.