I think charts are enough to understand the direction... :D Previously, whenever this stock has given Breakout or Breakdown from a range it has given a big move... Based on, Breakout targets are 225/230/235/240+ SL will be 215 Note: Do your own study before making any position... Please Like, Follow and Comment your views below...
Waiting till Target 2 around 550's zone or booking profits at 537's zone is completely dependent on your trade plan. This is harmonic setup, if you are not well-versed try other setups,which are applicable here, you can take trade based on that, but it should be in your trade plan. I think people hate this line the most which I repeat in every post :) Its for...
HDIL CMP 88.40 The stock has seen some correction from 94 odd levels Holding 89-87 zone (buy zone) the stock can again aim higher for targets of 93 and above that 100+ A close below 84.80 on closing basis should be considered as Stop loss Do review your trading plan and plan your trade accordingly...!!! Take care & safe trading...!!!
RIIL has made Double bottom and price has crossed above neckline... Near days we may see below targets :D Targets are 465/475/482/490+ SL : 440 Note: Do your own study before making any position... Please Like, Follow and Comment your views below...
Symmetric Triangle + Channel Breakout in the hourly charts of Asian Paints... Targets are 1165/1175/1190 SL : 1150 Note: Do your own study before making any position... Please Like, Follow and Comment your views below...
Targets are 310/320/325 SL 303 Note: Do your own study before making any position... Please Like, Follow and Comment your views below...
NSE:KTKBANK has taken support of 20 DEMA + rising trend line + 172 level which has acted as strong support and resistance in recent past. Stock has been very bullish. Now it is forming the bullish marubuzo candle. It may be worthwhile to enter now with stop of 173 and first target of 180. If 180 is crossed then ride the trend.
Choose what you wish for as per your trading plan. On a channel breakdown Intra players will be shorting and on Positional side they will be long when BPCL gets back to harmonic entry levels. Happy Trading !
Lupin has been consolidating for last few sessions and a directional breakout is expected very soon and if it happens to upside, we can see some good 50 points run on the trade. Yes, I'm expecting it but on Bearish breakout also you can take the trade, The thing about consolidation & ranging is many think that predicting direction is right approach. NO. Let Market...
Price lying on trend line and it may break today. Trade: Buy above - 811 Target - 823 Stop Loss - 803 with regards, PaisaMania "Happy Trading"
Hey Guys, Happy Monday ! For past few days Nifty is behaving fantastic atleast that's what I feel bcos we are getting pattern formations so easily for last few days without any hard try around. From the chart you can clearly see that Nifty is repeating what it has done earlier. The Channel-1 was smaller which resulted in 120 points move and on repeat of same size...
With that shot, nope... With this Post, its Double Century. Yep, 200 Posts completed with this one & Nifty deserves special place, so its dedicated to Nifty itself ! Cutting straight away to analysis, There are two scenario's both are Bullish moves only : i) We have sweet spot of Entry right now at 9650's zone with a 50 points stops we are aiming at 200 Points...
The Problem we have here is, we are in middle of C to D move & if you notice we have predicted two ways for YesBank to move up. i) The first straight line (orange) - if that happens, I don't have any reason or setup to take trade. I will be just watching till it reaches 1570's zone - No Trades at all ii) The pullback scene - Here Only on Bullish reversal , I...
This can be done as positional trade for larger targets in Mindtree or Intraday trade also. But if Intra trade is taken, your stops need to reduce drastically instead of what shown above. Good Trade !
Happy Monday Guys, As I always say - only we the traders welcome Monday with happiest smile :) Atleast I do, bcos we are getting back to what we love to do. So here we have bullish run in IGL then wedge kinda broadening formation, then breakout to upside, so longs are wise in IGL, towards the target of 1200's -1180's zone. Check what's your risk before entering,...
Why this one is considered as most dangerous move ? Bcos in Harmonics its quite unsure that whether the potential harmonic will complete as expected or not, so trying to cash in on CD move is most dangerous ever, Harmonic traders will know that. If you are new around to the topic, people use all sort of harmonics,I don't blame them... but sticking to certain set...
There we have simple channeling in Bharat Forge and if the breakout happens as expected we will see new high. Though the potential Double top is not eliminated there are chances for that to fail due to the Bull run, so one may take chance even after the DT failure, but both entries are aggressive only. So Plan your risk first :)
I think, Am bored today... charts coming up one after other or I'm not sure whether I'm seeing setups easily today. Anyway here is another Gail for you, as usual go with your plan. Just note how simple elliot counts can help our trade setups, so people worrying that we dont know complex elliot's, there is nothing to worry about that !