Based on price action its goin to break out. If it's breaks 130 it may go upto 150. we take long with stop loss at 120.
Technical Indicator used : Fibonacci Retracement. Respecting the Retracement level. Looking positive for Target of Rs. 129 - 135 in short term.
I have shared CDSL and Likhita Infra. after breakout and they are performing very good till now. In single day gaved 4% and 5%. Let's see. Today got Ashok Leyland which have given breakout with good volume. The only thing is that we need Nifty Auto support and Nifty50. Right time to enter if anyone willing. This post is for information purpose only.
I hope you can now see how Ashokley represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Thank You Disclaimer: It should not be...
CMP 47.5 Lower Bound at 46 Decisive level 45.5 Trade Setup 1.:- Buy above 45.5 for 1-target 51.45 nearby suppose to buy in range 46.4 to 46.9 Very low risk Trade Setup 2.:- Sell with stoploss of 49.15 above closing bias. suppose to sell 48 nearby and target 42.5/40.5 and more Very low risk Choose on of your best Trade Setup for you from...
I can go upto 95 if breaks above 85. RSI and MACD should be strengthen to take an entry...
ASHOk LEYLAND NSE : LONG Formation Accumulate : 90 , 95 Upside T : 100, 107 ,114 , 118
1) Head & shoulder on all time high 2) RSI oversold 3) CNX Auto at 52 wk low 4) Though volume no are good in CV side but price is not reflecting it --- are missing something? Are at peak of earning cycle or derating due to change in cost of capital 5) If crude goes upto 90-100$/bbl and INR to 80 then only stock can be shorted 5) In my view stock likely to bounce...
1) Head & SHoulder pattern 2) Stock has been into consolidation despite showing good volumes every month 3) It shall break the resistance of 135 in coming earning season
ASHOKLEY break the previous trend Keep watching the retest zone If it does not break down. Trade Long... ENTRY 129 to 132 Disclaimer: The information contained in this presentation is solely for educational purposes. Does do not constitute investment advice. I may or I may not take the trade. The risk of trading in securities markets can be substantial. You...
Here we discuss about trends according to DOW theory. May its useful for some one who are looking for some example.
A symmetric triangle pattern has been observed since Dec 2016. Do trade in the direction of breakout. I will keep you posted and inform you once the trade is active with target and SL