LT UPDATE :-
BUY ENTRY TAKEN @ 1034 LEVEL WITH 3 TARGET LEVELS GIVEN
STRONG RALLY SEEN SINCE THEN
MET 1ST 2 TARGETS
NOW ITS TIME FOR OUR 3RD & FINAL TARGET 1223
ATTACHED IDEA FOR REFERENCE
UP MOVE SEEN FROM 1418 TO 1450 ++
MORE UP MOVE POSSIBLE ABOVE 1465
1465 LEVEL CAN FOR ONCE REACT AS RESISTANCE LEVEL
disclaimer - for study purpose only
old idea post shared for reference
COAL INDIA VIEW CONTINUATION
GOING THRU SIMPLE TREND LINE CONCEPT>>>
A BREAKOUT @ 133 IS SEEN
OPENING TARGET RANGE OF = 142, 150, 162
STOP BEING 120
NOTE- VOLUME HAS PLAYED GUD ROLE,
MOST OF THE TIMES CLOSING ABOVE ITS 50ma
DISCLAIMER - FOR STUDY PURPOSE ONLY
OLD VIEW
BUY RANGE 720 - 730
FOR A TARGET 750 +
BREAK BEYOND 52 WEEK HIGH RESISTANCE 772
CAN LEAD TO 800 +
>>> CHANNEL BREAKOUT
>>> MOVE TOWARDS 52 WEEK HIGH
disclaimer - for study purpose only
BUY BASED ON (disclaimer - for study purpose only)
GARTLEY BEARISH PATTERN COMPLETION
BUY FOR TARGET 1245+, 1188 CAN BE IN BTW RESISTANCE
WITH STOP AS COMFORT
SUPPORTING FACTORS FOR BUY :->>>
***CONSISTENT VOLUME SUPPORT
***weekly oscillators neutral but strong buy support in daily frame
***weekly close above 200ma can give support
USING RETRECMENT THEORY
ITC HAS GOT RETRACED MANY TIMES FROM 0.50 LEVEL
LOOKING @ THE CURRENT MOMENTUM A BUY HERE CAN BE PLACED
FOR TARGET 215-220
REASONS
BREAKING OF ROUNDING PATTERN
CONSISTENT VOLUME SUPPORT
TRIANGLE FORMATION
TRADING SUGGETION
BUY ABOVE 206 CLOSING BASIS
CAN GIVE A UPMOVE OF 10-15 PTS TOWARDS
0.618 RETRACE LEVEL
***NOTE - FOR STUDY...
IN MY PREVIOUS SHARED IDEA
WE COULD CATCH THE MOVE FROM 1535 TILL 1560 WHICH WAS THE TARGET LEVEL GIVEN
FOR NOW IT HAS MOVED BEYOND TARGET LEVEL
CMP @ 1570 +++
WHAT NOW FROM HERE ???
PERSONAL VIEW:-
ON DAILY CHART, SCRIPT IS RUNNING @ TOP OF A TREND LINE
WHICH HAS BEEN TESTED MANY TIMES AND NOT BREACHED SINCE MAY'20
LOOKING @ THE CURRENT MOMENTUM THERE CAN BE...
GOOD MOVE SEEN FROM 1033 TO 1055+
MORE 50-100 PTS CAN BE SEEN ON CHART
ABOVE 1055
SUPPORTING FACTORS - CURRENT VOLUME BAR + RSI STRONG BULLISH STRENGTH
BELOW IS THE PREVIOUS SHARED IDEA POST ON LT FOR REFERENCE
REASONS
>>>. trianlge breakout
>>>: flag formation breakout
>>>: retesting breakout support line @ 612 level
THIS SERIES BUY FOR SWING TRADERS POSSIBLE @ CURRENT LEVEL
OR AT A DIP TOWARDS SUPPORT LINES
WITH 650-660-AS TARGET ZONE ON RADAR
disclaimer - trade @ own risk
TVS MOTOR VIEW CONTINUATION (disclaimer - for study purpose only)
BUY ENTRY WAS SUGGESTED FROM 483 LEVEL WITH TARGET RANGE 500-515
WHICH IS ACHIEVED
WHEN IT COMES TO PATTERN FORMATIONS
WE CAN SEE ON DAILY CHART
SCRIPT HAS MADE INVERSE HEAD & SHOULDER PATTERN
+ CUP & HANDLE PATTERN
COMING TO SUPPORT & RESISTANCE CHECK :-
THE SCRIPT IS NEAR THE LEVEL WHICH...
positional buy
around 135 level
till 123 stays in tact on closing basis
trend analysis shows - script has been following small rounding patterns since the fall in the year's beginning
disclaimer - for study purpose.
