In case of breakdown targets will be: 2290/2250/2170/2050 and SL: 2400 In case of Bounce back targets will be : 2390/2450/2480 and I will update targets in case of triangle breakout... SL will be : 2260 Note: Do your own study before making any position...
Everything is mentioned on chart... Note: Do your own study before making any position...
Hello traders Since the stock has broken an important trendline and trading below the 55 EMA some correction might follow. Watch for a short opportunity in the 1480-85 zone with SL above 1495 for the target of 1457 and 1444. Trade safe Hit like if you agree with the idea Regards Afraidtotrade
Broke down from declining neckline (v.bearish) also broke daily support trendline.
Nifty is in a symmetric channel where there are 3 possibilites... 1. Chances are it may give breakout and follow uptrend channel which was happening from past days after little correction... 2. It May continue sideway move and give upside/downside move after few days 3. Breakdown, through which we may conclude that the nifty is ready for bigger...
Head and Shoulder setup on Jain Irrigation with the support of MACD as well as RSI indicators indicating downward trend.
We will be interested in this trade setup only if downside break happens, if it never gets on, there is no trade, we will be looking for some other setup & scrip. Conservative traders book your partial positions around 900's zone & trail. Depending on your targets you need to adjust your stops , take care ! All the Best with Cummins..
Trade the flag Breakdown.Support from trendline . Short if breaks 727 and closes below. Or if it takes support at 727-728, Buy for a target of 742 & buy above 742 in case of breakout from the flag. Double top on Daily and weekly TFs.
SUN TV has reached its consolidation level, now its time for reversal. Historical Moving Average breakdown supports our view. SHORT @ CURRENT LEVEL TARGET 1 @ 480 TARGET 2 @ 450 TARGET 3 @ 425 SL @ 565
I am excited to watch snowman has again reached its favorite zone. Follow this post to capitalise further movement . IF Breakdown occur take LONG @ 55-50 RANGE IF Trend Reversal occur TARGET @ 68-71 RANGE CRITICAL SUPPORT 1 : 60 SUPPORT 2 : 50
NIFTY ALMOST ON VERGE OF CHANNEL BREAKDOWN .. 8550 spot important to watch below that opens for 8470-8440