seems down sides for dmart from here break triangle pattern down side also crossed long rend line from April 2021
Shooting Star candle formed in Vodafone Idea previous week and Now 25% down today. Those who would have spotted it, would have booked their positions before the disaster.
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Dabur shows head and shoulders pattern as marked on the chart above It recently gave a breakdown from the pattern and retraced a bit till the neckline One can look for shorting opportunities in DABUR with first target being 540 and second target being 525. SL @580 FOLLOW FOR MORE IDEAS. LIKE AND COMMENT WHAT YOU THINK ABOUT THIS ANALYSIS.
ACC : Break of major trend line is seen in the charts. Wait for breakdown in lower time frame for shorting opportunity. Charting is done for educational purpose and it is very much self explanatory.
risky trader enter on the breakdown of the trendline and safe trader wait for the breakdown of the head and shoulder pattern risk to reward will be 2:1 sl will be high of the break down candle this is not a trade recommendation
Crude oil short (20 Dec) RSI- 29 Long term support breakdown Sell at CMP- 5195 SL- 5235 Target- 5091, 5043, 5015 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Stock is trying to form H&S pattern if broken levels explained on charts. Breaking of Shoulder neckline will bring stock under pressure. Currently trading near 200SMA which might act as support. This is analysis is only for educational purpose and we are not SEBI registered analyst
Nifty was in a down trend channel, on lower highs and lower lows , today at 17090, NIfty broken down the channel, Tomorrow, if NIfty sustain below 16900, Short Nifty, Tgt 1 - 16700, Tgt 2 - 16351 SL - 17025
Kotak Mahindra Bank breaks down, Initiate short for the target of 1820-1800.
BTC Breaks below a trend line. Short for the target of 45710 with a stop loss at 59910.
NSE:APOLLOTYRE trading near major S/R zone. If Market continue to fall we can expect good down move. It can also good upside move too. Note: The fear about new Corona variant would affect the upside movement of market. Keep your ears open to the new NEWS to covid restrictions.
Resistance is crossed along with good volumes. Keep in mind that "Risk Management" is very important in trading.
As the price broke down with good volumes, there might be a probable further down move. Keep in mind that "Risk Management" is very important in trading.
Nifty This is not a fresh recommendation - In our earlier post we had warned about trouble times for Nifty based on the chart set up - we had also highlighted the possibility of Nifty breaking Support line based on the 2-3-5 Rule ( in the 5th attempt, the chances of breaking the support line is higher) Well, 2-3-5 Rule works its magic... As it was the 5th...
Excellent Shorting opportunity in NSE:TATASTEEL , as metal sector looks weak for next few weeks, it will be safe initiate a short trade in TATA STEEL. ENTRY : Below 1220 SL : 1270 TARGET : 1180/1130/1100 NOTE :This post is just for educational purpose. Do consult with your financial advisor before taking any trade. Thank you.
Tata Steel Sell Positional ~ 1290, 1295, With Stop ~ 1330, Target ~ 1200, 1150 Time Frame ~ November Expiry