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.
Today 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.
The 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...
This is done using the multi-timeframe, multi-period technique we were discussing last Friday’s call.
Support: 7000, 6900, 6750
Resistance: 7080, 7150, 7220
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...
NSE: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
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...
Short-Term Bullish IDENTIFICATION BASIS 5TH MARCH 2021
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.
Sell 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.
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...