Alert!!!
Sail is breaking the 1D time frame channel and going down.
Trade on your own Risk! Use this Opinion for reference only.
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Past results dont mean future results , but indication says market algorithm will see a nice downtrend or consolidation between the 40 area, and as FALL and elections come, be prepared for fear in the markets.
Channels are used broadly by technical traders to identify and follow the trends of securities over time.
channel is one such charting pattern that technical analysts will use to evaluate the trend of a security.
In general, channels can be used to pinpoint optimal support and resistance levels to buy or sell securities.
Head and Shoulder:
In technical analysis,...
For the past few days, its Consolidating in a range. Making a Descending triangle pattern.
Now it may break downside. Let see tomorrow.
For me it looks bearish below 530
may fall up to 500-510
Shower some LIkes!! If it Helps! :)
On August 9th, Coal India stock broke its 15 min, 30 min, 45 min and 60 min up trend line to provide short term traders an excellent shorting opportunity to mint some big money. Coal India may slip to 202 from its current market price of 207.60.
SWING TRADE IN RELIANCE
JAN FUT
AFTER BREAKING THE BEARISH TRENDLINE STOCK HAS
MANAGED TO BREAK ABOVE THE STRONG RESISTANCE LEVEL
JAN FUT
BUY@1188
STOP@1160
TARGET@1220
LOT:500
QTY:2
BTST IN RELIANCE
JAN FUT
BEARISH TRENDLINE BREAKOUT ON THE UPSIDE
RISING OI
WILL LEAD THE NIFTY BREAKOUT
SYMMETRICAL TRINANGLE ON HOURLY CHART
BUY@1130
STOP@114.5
TARGET 1@1150
TARGET 2@1175
LOT:500
QTY:2
BTST IN MINDTREEE(CONDITIONAL)
JAN FUT
MUST BREAK THE BEARISH TRENDLINE ON CLOSING BASIS
RISKY TRADERS CAN CREATE POSITIONS IN OPTIONS
BUY@865 (CLOSE ABOVE 864)
STOP@840
TARGET@900
LOT:600
QTY:1
Exit Holding if : Closing Below 78.50
Stop-Loss : 85.80
Minimum Target Price : 53.25
Risk to Reward 1: 3.6
Of course, It's not a trading opportunity as we can not short sell this stock and make a profit. But Those who holding Prajind in their portfolio can exit and enter at a lower level again.
It seems convincing enough to sell the stock based on his recent...
It is been observed on the daily chart that the price action breaks and closes above the downward trending line, indicating a bullish move ahead. On the chart, point X and Point A marked to calculate 61.8 retracement target.
Target: 75
Stoploss: 69
It is been observed on daily chart that the price action is making lower highs and lower lows, indicating a bearish trend. Now, it shall further move down to the next support levels at around 81000-80300 levels.
Target: 81000
Stoploss: 84500
Risk Reward: 1:1
