Bat
CENTURYTEX : Bearish BAT 13-JAN-2020
CENTURYTEX : Bearish BAT 13-JAN-2020
CMP: 521.35
Entry : 526-540
Targets : 502,480
Stop loss: 556.10
Chart by : Karthikdeva
Tatasteel - Weekly ChartTata steel weekly chart has a probability of Bearish Bat pattern. Currently stock is trading near its prz zone.
Keep an eye on price action near that zone.
Harmonic Prz zone also coincides with downsloping trendline and .382 Fibonacci ratio level
Near term support is 430
and major support is 490 levels.
MINDTREE : Bearish BAT 1-JAN-2020
MINDTREE : Bearish BAT 1-JAN-2020
CMP: 811
PRZ(Entry) : 830-840
Targets : 810,790
Stop loss: 855.10
Chart by : Karthikdeva
There is a trading opportunity to buy in BATUSDTechnical analysis:
. BasicAttentionToken/US Dollar is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.174 to 0.146). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.174)
Ending of entry zone (0.146)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons :
Take Profits:
TP1= @ 0.2200
TP2= @ 0.2700
TP3= @ 0.3145
TP4= @ 0.3640
TP5= @ 0.4530
TP6= @ 0.5300
TP7= @ 0.6660
TP8= @ 0.8010
TP9= @ 1.2385
TP10= Free