Found this downtrend pattern . Sounds like if the pattern continuous this may go below the book value. Will this break this pattern ?.Seems it is struggling.
Accumulate the stock in every dip till 225 with stop loss around 215 on closing basis.
i longed at 520 and lost money, shorted at 500 and lost money made me to work on charts and pushed me to this level thanks berger for bringing me to this level
mentioned in chart
need price and volume action to break the range
Nifty Analysis | 30M TF | All Views Are Invited | This Chart Is For Educational Purpose Only |
Nifty Update on request of Raunak Goswami I would also like to shed some light on trading system , stop loss and targets. 1. If market opens above decision range , then 7/10 times it'll stay above decision range whole day. If we are shorting market we'll go short near resistance and try to cover some where inside decision range. If we are going long we wait...
Please see the demand and supply zone in the chart. Plan A: I may short BNF if it will not sustain above 32120 or 32350 for the target of next demand zone. Plan B: I will Buy BNF if it will sustain above 32350 for the target of next supply zone.
Not promising numbers on the fundamental, though less or almost zero debts.RSI is downwards,small market capital. However, Pattern is on break- out one can think of short term delivery trades with SL and desired targets according to your conviction . Keeping this stock in my notes to research more on fundamental and to check if this is a progressive business to...
Nifty Long term trend is Bullish but It is entering in the sideways zone and may be short term correction will is possible. Plan A: If it will sustain below 12220 then I may short 12300 call. Plan B: If it will sustain above 12310 then I may buy NF Fur for the target of next supply zone.
HAS NIFTY JUST FILLED GAP AS SHOWN WITH RECTANGLE AND RESUME DOWN TREND? ALSO PINK LINE IS LONG TERM RESISTANCE LINE ON WEEKLY CHART BE CAREFUL LET LINE BE BREACHED ON CLOSING BASIS THEN WE CAN SEE SOME UPTREND