Target 1 achieved in IBULHSGFIN. Gain of 18%. Target 2 is ON...This is follow-up on Indiabulls Housing Finance.
Target 1 achieved. Gain of more than 18%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing 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.
Breakdowntrading
Target 2 achieved in IBULHSGFIN. Gain of 26%. Target 3 is ON...This is follow-up on Indiabulls Housing Finance.
Target 2 achieved. Gain of more than 26%. Target 3 is ON.
Chart is self explanatory. Entry, Targets and Trailing 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.
Breakdown in Torrent Pharmaceuticals...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.
Breakdown in LIC Housing Finance...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.
DOLLAR INDEXThe Dollar index witnessed over throw or fake breakout from ascending parallel channel due to excess optimism but it is now back into the channel. Pattern wise, it seems to be forming distribution triangle. MACD is also going negative in daily time frame along with turning towards negative in weekly time frame. Once it breaks down lower side of Triangle then it could show more bearish-ness, One can go short on break down of support line of triangle with stop loss of upper line of triangle pattern.
Break below this triangle can be trigger point for short.
Fake Breakout of parallel channel or Over-Throw.
macd in weekly converging towards negative crossover
macd in daily already running in negative crossover and downtick along with increasing histogram
rsi in daily down tick and below 50 range
stochastic in daily also down tick and negative
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
TCS: Rising wedge breakdown?A decently medium term upward trendline originating from November 2020 has recently been broken by TCS. In fact, it seems to have started respecting recently formed downward trendline. After the recent pullback to the trendline and the averages, it is seeing the beginning of another bearish leg downwards.
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The pattern which has formed resembles a rising wedge and price seems to be breaking down from it. The bearish volume on the latest bar is also above average. It is possible that the downward momentum may continue further for some time.
The 20 and the 50 EMA which act as support during an uptrend also seem to be reversing their roles. They are exactly from where price is reacting to the downside, so they may be turning into resistance.
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Price could see a correction to the round figure level of about 3000. A positional short could be initiated if price sustains below the "SHORT BELOW" level for 15 minutes.
SHORT BELOW: 3162
STOP LOSS: 3223
TARGET 1: 3106
TARGET 2: 3045
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Plan your trade and manage risk properly.
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Nifty Positional Short |Nifty Has Given a Great Move in Upside , Now I Think Its Time for Booking Profit & Take a Positional Short
On Wednesday Nifty has Given a Breakdown & Currently Ready to Retest.
I Will Open a Positional Short in Nifty From 15770-15800 , SL 15950 ,
Target Will Be 15650,15560,15480,15410 & Last 15300
At Each Target I will Be Booking Part Profit And Shift SL To Cost or Previous Target.
|| ONLY FOR EDUCATIONAL PURPOSE ||
INDUSTOWER SYMMETRICAL TRIANGLE The stock has formed lower high and lower lows resulted in a symmertical triangle pattern and now the stock breakdown so we can expect some fall in upcoming days
Disclaimer: Please consult your financial advisor,
Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
TITAN Big Bull favourite I'm expecting a breakdown (maybe the stock can take support at the level and possible for a double bottom and move upwards)
The Reason Why I'm bearish:
1.Bearish Engulfing at channel resistance
2.Global crisis
3.Nifty looking weak
4.Rangebound breakout will be very effective.
5.Avoid taking long for this month(index looking weak )
Disclaimer: Please consult your financial advisor,
Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
Watch Descending Triangle & M Pattern Break-Out in "Reliance"Reliance , forms "Descending Triangle Pattern" on Daily time frame as well as Looking for completing "M" Formation too.
Above I gave all the details with Stop & target & this could be a nice opportunity for those who want Bears on their side.
This Trade could take time to complete 1:2 ratio, but Those who looking for 1:1 can get in this month only.
you can also research it and post it in the comment section.
Grasim |Head & Shoulder Pattern & 200ema breakdown🎯⭕ Intraday Trading opportunity ! min Chart Alert !!! ⭕
--Sell below = 900.40 or CMP
--Target =875.35 | 835.85
--Stop-loss = 912.30
--Lot Size = 950
--R:R = 3.91
--Expected Profit = 44,000 ₹ per lot ( 5.17 % )
--Expected Holding = 15 day only
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⭕ Technical Reasons to trade or Strategy applied :- ⭕
1) Head & Shoulder pattern breakdown
2) 200ema breakdown
3) inverted top setup
Guys check out the related ideas as well, it will work really well GUARANTEED !
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✍COMMENT Below your view !
Divislab :- Box Breakout with Value Buying OpportunityBox Breakdown can be on the cards. Next Target will be the difference of the box.(Marked with green lines.) There is a box made with writing Value Zone so what is it?
With Banks in rise there is expectation of Pharma to go down but with volatility around it can be a great opportunity for value buying.. So why suddenly value buying is the question
Let me explain with charts.
First look at the weekly chart.
What does this chart reflects is divislab broke out and rushed to higher levels from 2500 zone so in modern times it is very much possible that it will come for the retest before going for a new journey and with volatility around it is also possible that it will come and shoot back up.
Now next thing is why i am expecting it to come here. Lets look at price action chart.
Divislab is making lower highs in past few swings and it might continue with it if breaks the box comfortably.
Now back to the published chart if we get opportunity to grab this stock anywhere between 2700-2500 we should grab it with both hands.
Keep an eye folks. Cheers and Happy Trading.