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 !
If candle closes above resistance line then Targets are 980/1010/1025 SL 950 Note: Do your own study before making any position... Please Like, Follow and Comment your views below...
DLF has made Trend Breakout in monthly charts with bullish bollinger band expansion where price are riding upper bands........ CMP : 205 Target 1: 215 Target 2: 230 Target 3: 250+ SL: 195 Note: Do your own study before making any position... Please Like, Follow and Comment your views below...
Just take a very good look at charts, there are just simple lines, nothing complex or as magic. It doesn't mean complex strategies won't work.. both of them have their own pro's n cons, All you need to is completely understand what you are doing n following and sail through with that strategy even in times of downfall. Here we are looking for upside breakout in...
It is been observed on the daily chart that the price action formed an exhaustion candle on the crucial support levels indicating a strong buyers coming back in the market. Now, it shall further move up. Target: 170 Stoploss: 158 Regards
Sometimes I get queries as Why not exact stops or target ? It will be more helpful for Us. Guys, i) I don't know your capital ii) I don't know risk ability you can afford iii) I don't even know which trade setup or strategy you use to enter the trade on what timeframe iv) I don't know how long you can hold the trade ( Intra or swing ) v) I don't know you are...
Clear flag breakout in weekly charts of VHL Target are 3500/3900/4200 SL: 2800 Note: Do your own study before making any position... Please Like, Follow and Comment your views below...
NSE: 3MINDIA is beautifully forming a Symmetric Triangle with a Positive RSI Divergance on Weekly Charts... This scrip is getting ready for making a big move in next few weeks... Current Market Price is 11,600 Currently it is in downtrend and may fall upto 11,000 to 11,150 and could take support over 100 Days Moving Average which would be opportunity for...
i) Enter only on Bullish confirmation in the zone, else trade is invalidated, Not blind buy ii) Either Book Partial profits or trial stops after 245's zone iii) Its 4 hrs, so patience is the Game
Long Trend breakout on ONGC and long initiate at 187 and 3 resistance in between the main target. Resistance at 188 / 189.50 / 192 and the final target at 195.
Stock has corrected a lot in recent times. However, the channel has become very small in the descending triangle. Notice the volume and divergence that is forming. Would love to hear your views friends and mentors.
Hexaware Technology CMP : 231 RSI :60 BB : Expanding On Weekly chart it is showing clear breakout signals.. Should be on watchlist... Target 1: 250 Target 2 : 275 Target 3 : 290+ Note: Do your own study before making any positions... Please Like, Follow and comment below your views....
Federal bank is continuing to break this symmetric tringle. After the breakout it may go upto 110 levels within 2-3 weeks...Fundamentally it is good and in catagory of investment stocks.. Monthly and weekly chart are highly bullish for long term targets are 180+ .... Short term target is 110+ Please Like, Follow and Comments your views too....
ICIL has recently made a channel breakout with higher volumes it would be good pick for making positional trade...... CMP 201.5+ RSI : 65 Do your own study before making any position... Please Like Follow and Comment your views...
Yo wass up niggaz, MRF forming Head and shoulder pattern. Trade accordingly yo
* 17 years triangle breakout * Bullish crossover on MACD
A close above 1071's will make it fly like anything, lets see what IGL decides to do !