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 !
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