TITAN BOX BREAK OUT ANALYSIS 01.03.2020BUY 1989 TO 1335
TARGET 1546
Reason For Buying This Script :
In weekly time frame it broken the resistance line , Now it is in retest moment .
Retest moment up to 1335.
Once it cross 1564 in weekly time frame & it should close 1564 means means next target up to 1745 to 2025
Note :
Above given levels are based on weekly time frame so it may take some days to achieve the target , So be patience .
ALL THE BEST ..
BOX
CANBK BOX pattern it has tightly consolidated between 140-160 for the last 4 months.
RSI showing bullish strength on weekly chart.
higher volume across candles indicates good accumulation during consolidation phase.
160 acts as strong resistance, tested multiple times.
on daily chart shows cup & handle pattern.
MARICO ELLIOTT WAVE ANALYSIS 08.03.2021BUY 390 TO 382
TARGET 483 TO 531
Reason For Buying This Script:
There are two conformation to buy this script.
In weekly time frame it is forming Elliott wave .
In monthly time frame is has broken the box break out .
Now it is retest moment is happening , So we can go for buy .
Box break out target up to 567
Note :
Above give levels are based on weekly & Monthly time frame.
So it will take some days to achieve the target , So be patience.
ALL THE BEST..
Havells trading setupHow to trade is written do.
Don't take the trade under the area in yellow box. It will be very volatile and there is no setup under it.
It given falls Breakout and it is now retesting the box area.
What to do
1) Trending in daily time frame.
2)Don't short until it gives good signal bcz it is in uptrend.
3) Volume required if box broken.- Important*
4) Bullish candlestick pattern req. for long position.eg pin bar etc.
5)Let the stock made momentum.eg use adx,macd for momentum.
6)Use 5 minutes time frame to trade.
Pro tip- If it open gapup more than 2% avoid it bcz probability of winning will be 50% which is not good.
Use stoploss.
All conditions should be mate-Required*
Don't take trade if any one of the above condition is not mate.
Quality matters not Quantity.
*This is only for education purpose do self analysis before investing.
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