Long sbin Above 288
stop-loss - 279.75
Risk 2.78 % & Reward 12.84%
RR Ratio - 1: 4.62
Bullish Flag chart pattern represents consolidation. This means that it occurs after a large movement in price. As such it’s also a continuation pattern, which means that the market is likely to continue in the same direction ...
Titan Long TimeFrame Chart Shows Bull Flag. Stock is in Uptrend since Nov 2016 and Have formed a Bullish Flag pattern.
1000 Might be a tricky price zone which happens to be All time high(ATH). Once Broken with high volume, may lead to Price Discovery and New All time high.
Overall Titan looks bullish for long term.
No Real Big Red Candle after a 30% upward move makes me feel like Dmart chart is printing a bull flag.
Setup Void if there is no breakout in next couple of days.
Short term Target on the chart at Resistance.
LT one of my favorite scrips, whether its intraday or positional this scrip performs really well (just my opinion,can be different exp for you ). Those who follow me for a while ( 6 months or so ) might be knowing about the Investment analysis we did on LT. We got it somewhere around 1100's I guess, now LT @ 1500's. Great Returns. Flashback over, back to ...
Hi Friends, Let's Welcome September by counting hatched chickens of August ?
(1) Bearish Cypher - 80 points ( trailed stops)
(2) Bullish Cypher - Lost 15 points ( Broke the pattern straightaway)
(3) Bullish Gartley - 240 points ( Trailed stops aggressively & We caught wave-3 perfectly )
So whooping 305 points in few days..Great for Nifty I believe. But before ...
New day but our frequent offender is back. Yes , its rising flag so we are expecting breakout to enter the trade in SBIN. Probably nifty will be the decider for SBI's direction today, so lets see
Happy Trading !
Pattern within a pattern - yes it is ! So Biocon will be very good trade opportunity on Monday for both intraday and positional traders. Probably, positional traders have to wait for sometime as there is bit of distance between trendline and current price of Biocon. Its breakout patterns everywhere around the market, so choose and trade wisely.Lets expect next ...