ITC as forecasted in my previous cup breakout analysis is in a historical price value area between 194 and 203. Depending on how the results are vis-a-vis expectations of the market movers (MF, banks, investors); the breakout may happen in either direction or a side-ways movement. For breakout up; wait for a close above 206 Fore breakout below; wait for a close...
Very strong resistance. High volume bars. Nifty also going in bear zone. Malls are far from opening Limited new movie releases. Fundamentally and also technically - this stock will go down as fast as it has come up. I am expecting this to give 10%+ return in coming week if you go short.
Will it pierce the Resistance of Decade, Hi traders, have a great weekend, Last week it was a game of one side according to EURUSD, go up and up after the dip of March,and it reaches the high point of resistance where finally finds some resistance..but the fundamentals are seems to be against the resistance are to see the new high of 1.16500 else the resistance...
Go long after the triangle breakout arounnd 467 levels Stoploss at 456 Target : 480 + (Short term)
NSE:TATAPOWER comment ur ideas
Metal sector is on very critical area if this Resistance breaks than long upside rally will come. Watch out this three metal shares: 1) JSWSTEEL 2) TATASTEEL 3)JINDALSTEEL
Shorted @ 9500 w/ SL @9600 (if it closes above this level then I'll square off) Targets are 9332, 9176, 8990 in order. Shorted June Futures & hedged w/ June 9200 Calls! GLHF!
Ticks : 1) Chinese double bottom formation. 2) volume conformation. 3) Range breakout. 4) Lockdown is getting over periodically. 5) High MF and Fii holding. 6) Fundamentally sound stock. Buy : current level Targets: 1038 (short term) ** Can look out for long term also.
i dont think gold will to continue going up for a while Please like and support and dont forget to share your valuable feedback
I know its a messy one, I'm still learning views comments are welcome... So, I tried to draw a range of NIFTY in coming week i.e. till expiry Black lines denote monthly S/R, Green and red lines denote Weekly S/R and Yellow line denotes strong S/R on 15min time frame Other color lines denote temporary 15min S/R... How's it !!
Let me ask you one simple question. Is trading all about buying and selling... greed and fear... profit and loss? Or can we take some inspiration from other aspects of life too...? In one of my earlier post we looked at Art of War & applied the principles of war to trading. Today, I’m going to try & connect cricket with trading. Let's see if it can make a...
On a weekly time frame, NSE:DMART is at a very critical juncture, breaking the high of the last weekly candle would boost the confidence in the long setup. Diwali Pick.
This pair, last 2 weeks its been moving inside the box , after May started its expected to go up but in contrast, gold against dollar pair is moving sideways.. after the strong bullish move from 1483 on March mid to 1747 on April Mid. and it clearly get itself into a accumulation zone. I am not surprised if this moves in the similar way for the coming few weeks...Thanks
LAST WEEK I SHARED THE SAME SETUP OF DAILY CHART , PRICE IS HOVERING IN YELLOW CIRCLE.ONE WHITE COLOR SUPPRT LINE IS INTACT. A UPWARD SLOPING CHANNEL IN GRREN COLOR IS INTACT. TILL PRICE REMAIN IN THIS CHANNEL NIFTY IS SUPPOSED TO MOVE UP SIDE. IN ANY CASE I F GREEN CHANNEL IS BREACHED THEN LONG POSITIONS FOR THIME BEING SHULD BE SURRENDERED. ON THE CONTARY ONE...
There is lot of twists herein: By the looking left to right , while breaking out the price Congestion we have seen Invalid breakout in price. That why price suddenly fall. Bullish forget of 3 candles was completely perfec t but, again we have seen valid heavy volume candle ...! Something is cooking in this stock. Let look more closer to the 4hrs...
Dmart forming continues negative Divergence. Price will start falling if it can't hold the high if 2500-2400. Trade with stop loss. Once close below 1700 it will easily fall to 1000 or much lower level.