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2-sell

RELIANCE INDUSTRIES- Consolidation with Downward BiasRELIANCE undoubtedly is a stock that managed to dodge the market carnage and gained significantly in the last two months. However the shorter time frame chart suggests profit booking and this could continue. The stock can find significant resistance near 1530-1570 levels. Upper range of this level can be used a stop loss and any move towards these levels can be used to initiate short positions. Possible downside targets are marked in chart.
NSE:RELIANCEShort
by binuppaul
6
Nifty - H&S Pattern or Hide & Seek Sell Below 9450/9375Disclaimer ----------------------------- All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. ---------------------------------------------------------------------------------------------------------------------------- Hide & Seek = In Hindi called "Luka Chipi" - This Video Starts with a lovely musical piece from Bollywood Movie - "Do Anjane" - "Luk Chip Jao Na" lead role played by Senior Bachchan- Bollywood Super Hero. ------------------------------------------------------------------------------------------------------------------------------ Trading Strategy ----------------------------------- Plan A ----------------- Sell Strictly below 9450 for 9375 / Continue Sell later only below 9375 for Target 1 - 9175-9161 Target 2 - Below 9175 for 8980-9000 Target 3 - Below 8950 for 8800 & 8700 Plan B ----------------- Selling The Alternate Bat Pattern in the zone 9650-9700 ( If Stops) with strict Stops above 9735 for Target - 9450 / Below 9450 for 9375 / Below 9375 for 9175-9161 ------------------------------------------------------------------------------------------------------------------------- Previous Ideas can be checked from TradingView Profile Page in.tradingview.com ------------------------------------------------------------------------------------------------------------------------- Thanks for watching this video & Thanks for your precious time. Have a wonderful week ahead.
NSE:NIFTYShort
by WaveTalks
62
GBPUSD follow the trend if it's break strong support level.Trading suggestion: . There is still a possibility of temporary chances to return from the support line(1.21650). if so, traders can set orders based on Price Action and expect to reach short-term targets. In between that retail traders try for short term BUY. Technical analysis: . GBPUSD is in downtrend but if it breaks the support then it will continue the trend. . The price is below the 200 EMA which acts as a dynamic resistance. SL: Break Above Resistance suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.22908). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Short
by AnmolDey
INDIGO CHART ANALYSISHello Everyone, Happy Sunday! Hope you all are ready for tomorrow :) As we all know, the lockdown is extended till 17th May 2020, and this is going to put all the plans on hold for aviation sector. Additionally, looking at the Indigo chart pattern, I find it bearish as it isn't breaking 1080 target from long time now. Here are my targets: If it breaks 981 below, then go for 950 as the first target If it continues to break 950 then go for long 915 My third target would be 885, if it breaks 915 too I'm sure, tomorrow we'll see selling coming in Indigo and tomorrow itself, we can see the target hitting of 915. Thanks, Akshay
NSE:INDIGOShort
by AkshayKudchi