Buy Axis bank (15 minute cahrt)
CMP 925
First target 935
second target 943
Stop loss for low risk trader 920
Stop loss for risky trader 917
RSI above 60
Hello traders!
1. I see a clear 5 wave impulsive structure and then a correction to 88.6% Fib . This is important as most 2nd waves tend to move till 78.6% to 88.6% Fib.
2. We also have a confirmation of a double top candle pattern in 30min tf.
3. The expected target can reach 161% of wave 1 and 2 after using trend based Fib extension. This is because most...
Bitcoin is making a bearish setup by forming a bearish flag pattern in 15m/1h time frame.The flag will give a breakout soon.The 16570 level and the 16339 level are the support levels downward.Keep an eye to the intraday trade and take the right entry.
ITC STOCK for Monday 03/10/2022 If stock open in the range of consolidation, then please prefer to book profit at top of the consolidation or bottom of the consolidation, you can book your 50% profit at this level and if you see volume hike at this level or momentum you can wait for next target. Please book your loss at stop loss level. Save your precious MONEY...
LARSEN & TOUBRO has already given channel breakout in a daily timeframe on 7th July. Currently, it is forming a flag and pole pattern in 15mins time frame, which is a continuation pattern.
Enter trade if the price closes above 1675 with proper candle and volume. Because it was a strong resistance right now.
Possible targets are mentioned in the chart. For Less...
In 15 Min Chart ,Watch Out for possible breakout or breakdown in Reliance.
Reliance is in very important zone, wait for proper breakout or breakdown with proper candle & Volume.
At present it is better to trade with Future and option than cash segment.
With Proper hedging and risk reward, we can enter in reliance.
This is just a view not a recommendation to...
global sentiment are Slight bullish
2. war was not end
Observe the trend lines
(16000)Fib 50 % reversal level for down side short time frame
(Chart shows halt and cup and handle break )
1.IF Tomorrow gap up 15 min candle if break the resistance 16000 .. if we can see the price action for buying side and exit at the target price no Trail as per your rules
2.If...
1.global sentiment are slightly bullish
2. war was not end
(Chart shows a lower lows and cup and handle )
1.IF Tomorrow gap up 5 min or 15 min candle if break the resistance 33775.. if we can see the price action for buying side and exit at the target price 34000
2.If Open in flat wait for the trend up side or downside Or it may have side ways then take the...
In TCS we are seeing ascending triangle pattern. wait for the proper breakout, at the same time movement is not that much powerful, that's why we are seeing M PATTERN also, so wait for proper breakdown with volumn. This is just a view not a recommendation to trade. Trade at your own risk management.
Bank nifty 15 min Analysis
After the continues down trend, now the momentum is paused and forming a symmetric triangle pattern in bank nifty. Have to see whether we can see breakout or breakdown, Support and targets are given in the chart.
Give your opinion in the comment section.
Note: This view just for education purpose not a suggestion to trade.
See the chart of Tata Consumer Products in 15min time frame. The chart forming a symmetrical triangle pattern.
Today 16Jun2022, the global indices are in green as it reflecting in Indian markets. So there is more possible chance of Bullish . We can trade LONG in INTRADAY if it breaksout the upper trendline.
In this chart we can see that the price is forming an Ascending Triangle pattern. If it breaks the trendline below, we can go SHORT. But the global market indices are in GREEN today. So there is more probablity of breaking the RESISTANCE above. If it breaks, we can go LONG in INTRADAY.
NRBBEARING is in sideways from past many days. We can see stock is rejecting 127-128 range at the same time buyers also showing their aggression that why we can see trendline also. Overall view is given in the chart. Trade @ your own risk. I am not SEBI Reg person. These views are for education purpose only.
