PSB BreakoutPSB near Breakout If It Sustained Above 33 Then Target Easily Achieved, Volume + Alligator Positive then Go for It..
Bill Williams Indicators
Tata Communication: Long Setup
Showing two charts side-by-side - both 1H.
Left side: A clear Darvas Box breakout with good volume (more than average) and RSI is upticking above 60.
Right side: Alligator is wake up. The price line cut through the alligator. Lips - Teeth and Jaws are perfectly placed for an upmove.
SL: 1380. T can be 1430.
Alternatively 1400 Jan-25 CE at 30 with 20 as SL.
GNFC: Bullish ReversalToday NSE:GNFC is a high volume top gainer, even in this mundane market.
The 4H chart shows interesting formation:
High Volume. More than double the average.
A down trendline broken
The alligator is waking up.
Trade: Go Long with SL of 560 for a target of 600+. CMP: 575.
GNFC LongThe stock looks good for a long entry due to following reasons
1) Stock is at a demand zone from which we have seen significant rally
2) Though the stock is forming new lows in smaller time frame, the stock has reached an important support level
3) We are also seeing Awesome Oscillator divergence in the chart
We may see strong reversal upto the Supply zone as marked on the chart.
Disclaimer: Only for educational purpose.
Crude Oil (MCX): Monday - 24/10/22This is done using the multi-timeframe, multi-period technique we were discussing last Friday’s call.
Chart:
Analysis:
Levels:
Support: 7000, 6900, 6750
Resistance: 7080, 7150, 7220
OI Data:
Highest OI Call in Crude per OI data: 7500
Highest OI Put in Crude per IO data: 6500
Nearest Major Resistance in Crude per OI data: 7200
Nearest Major Support in Crude per IO data: 7000/6900
Trade setup:
1. Today MCX is open in the evening slot (5:00 PM to 11:30 PM)
2. Upto Daily timeframe Crude is sideways. The William Alligator is sleeping, so you should also sleep. Trading range: 6900-7200 for today.
3. So ideally you can do scalping. Any directional trade to be taken only above 6900-7200 breakdown/breakout.
Shree Cement LongEntry price: 20376.85
SL - 18781.4
Target - 24267.25
Note: For Educational Purpose Only
Ultratech Cement LongEntry price: 5695.9
SL - 5370.75
Target - 6553.6
Note: For Educational Purpose Only
NATIONAL ALUMINIUM : Strong BuyNSE:NATIONALUM shows strong buy indicated by PSAR, MACD & Fisher crossover followed by EMA & MA Crossover
Target 1: 128.40
Target 2: 132.75
Stop Loss: 122.70
𝑫𝒊𝒔𝒄𝒍𝒂𝒊𝒎𝒆𝒓:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
Litecoin Will dropLitecoin will drops after 2 days because stochastic RSI shows that litecoin will drop
Go to short
DAWAAT LOOKS GOOD SHORT TERMShort-Term Bullish IDENTIFICATION BASIS 5TH MARCH 2021
Volume 31,424,043
Close Price 59.15
Pattern Duration 1 week
TARGET : 67, STOP LOSS 53
NOTE: THIS IDEA IS BASIS ON FINDINGS OF AN INDIVIDUAL. ANY INTEREST IN THIS STOCK OR TRADING IS AT OWN COST AND RISK.
HDFC Short @2176. TP @ 2146Sell the fractal breakout to the lower side
Price is below the cloud
Chikou-span has exited cloud to the downside
Take profit at 2146. It may take support at this level.
Position sizing is as per risk.
can go long in positionalas it has crossed the williams jaw on closing basis its good for going with low of the day as SL
How easy it can be to read Price waves using indicators Well most of you dont know the Wave principle in properly and deep understanding manner , its so easy when you understand the concept
You can look the plotting in the chart , its not candle stick , its not line chart , its not having any Price chart at all , so what i am trying here ??
Its simple people i am using an indicator , Bill Williams indicator called Alligator , You can visually look how the waves have developed in the past and you can easily understand where you are at this instance in relation to trend ,
Well i would say i am in possible end of wave 4 in 30 Mints time frame , My knowledge is saying its about to end its wave 4 and it will make new high as wave 5
Questions ?? will it make reversal at the price i have mentioned ?? may be or might extend price by 1 % or half % but the momentum have lost in down ward side
What i have to do now ??
Wait for another correction to take place and look for strong close in price that indicates the change in the sentiment by price factor
will it make New high ?? well i have no idea , but what i know is when i enter my trade i will start trailing the stop and let it move until it becomes weak in price move
and exit using trailing stop method or volunteer method
can i make money in this ?? off course i can make money in this by trading cash , Futures , Options , every penny i invest i will earn at least 2X rewards in it
Then people what you need to do now ??
Well decide yourself where you want to be in the trend ? Money making ? or wait for some news to come ??
its your decision
Good luck people
Buy below 5600, Strong Support @5461 for target 6184See the chart, its leading to form double bottom.
Buy at any dip, strong support @1599Fundamentals are intact, recent deal for acquisition of stock in Mindtree may give much strength to cross 2000 Level.
Seems like it set to cross 725, isn't ?
MACD has buy signal, William R% shows oversold also it has launched the new product. Shall all this lift the value up ? What's your thought ?
Its seems to go bullish now
As we see in the chart, MACD technical indicator is likely to converge and Williams R% indicating oversold at this value. So its seems to be right time to get into the stock for big returns.
