Buyopportunity
DLF Breakout - Buy OpportunityDLF Ltd. was initially facing resistance around 291-294. it came out of it's consolidation mode on 3rd June and gave a breakout... Seems the stock has pretty much sustained above it's resistance zone.. Good upside can be expected above 303
All the moving averages giving Bullish signal along with RSI and MACD.
Buy : above 303
Target 1 : 315-316
Target 2 : 328-331
SL : below 290
Note:- I am not SEBI registered . All Views and trade setups are my personal view and my personal trade setup.
Also, do check the below related ideas for other stocks.
Buy Opportunity - IDBC FIRST BANKMy Analysis:
Stock had initially formed Cup and Handle kind of a chart patter on Daily Time frame and it gave a breakout.
Stock is now retracing after giving a breakout. and bouncing from the support zone of 57.25 - 57.55 which was initially acting as resistance.
All the moving averages are giving Bullish signals.
Hence it's a good buy at the CMP that is between 58-59.
Possible Targets :
T1 - 61.7
T2 - 63.5
T3 - 65.85
T4 - 69.25
NZDUSD AnalysisMy Technical Analysis
1. Bullish on weekly timeframe.
2. Broke down trendline on daily tf, hence buy bias.
3. Supported by the 50 EMA on 4h tf.
4. Nicely Rejected by the previous higher high and wick is near the 50 period ema on 1H tf.
5. Trendline break on 5min tf with a bullish engulfing candle.
RISK REWARD RATIO - 1 : 6.66
Guys, I just wanna say that if this (almost) impossible trade idea is a win then I deserve a Gold Medal for this XD.
I know by the time I finish typing this the trade might have progressed quite a bit but I'll try to figure it out for the next time.
Entry/Exit stuff
Entering on the Bullish engulfing candle that broke the down trendline on 5min tf - Stop loss below the swing low - Profit Target is on the weekly tf resistance line
About Myself
Hello Traders,
My name is Sid. A New trader in market, started 6 months ago, did a price action / technical analysis course recently and now I'm here to practice and test my skills in real time. I'll be sharing my analysis and my ideas on many forex pairs here. Would appreciate your support (like, share, comment, etc.) and I'll see you on the next episode of Drag.... I mean "REAL TIME TRADER" (still thinking of a gud name, plz recommend some)
See ya.
LOOKING AT BUYING GU IN THE AREAS 1.35700-1.35900
quick overview:
Looking at gbp/usd we have seen that we have been in a long term up trend but we have kind of stalled out around the 1.37400 region we can see that on 4hr we have stalled at this region but I'm not convinced that this is the top I don't see how gu will drop off that much we have been going up steadily with pullbacks I expect another pullback maybe to the wick fill on 4hr or we could see a deeper pullback but my first entries would be in the buy zone area
There is loads of orders in our green area I have put in this green area for you you look at price action we have loads of orders in this zone I don't think this zone will hold we have a imbalance below which hasn't been covered I think we can see price come into my buy area zone and take out all buyers and get a better price to buy it back from.
BUY AREA 1.35700-1.35900
STOP LOSS : (15 PIPS)
TAKE PROFIT:(180-200 PIPS)
RISK TO REWARD 1:16
(NO LIMIT ORDERS I WILL BE WAITING FOR PRICE TO ENTER INTO MY BUY ZONE)
REASONS FOR BUYING GU
LOWER G1/G2
NO PREVIOUS STRUCTURE BROKEN (TAKE OUT REATIL TRADERS)
70% -78%
If we see a break below our buy zone this trade will be invalid
EURGBP IDEA / Buy oportunityGreat buy opportunity on EURGBP
After a huge decline we finally start to see some indications of trend reversal
- The price broke the lower tunnel trend
- Price retested after breakout and seems to be holding
- we see now a potential double top setup on he hourly time frame before it bounces back again and keeps raising
TP1 range for short term trade buy
TP2 level after double bot breakout confirmation
CUMINS IND MAKING A BULLISH PATTERN FOR 20-2-20CUMINS MAKING BULLISH PATTERN BUY ABOVE PRV DAY HIGH SL PRV DAY HALF OF THE BODY. TGT 1-2-% FROM ENTRY.
GOOD LUCK.. IF YOU LIKE THIS CHART YOU CAN FOLLOW ME ON YOUTUBE FOR DAILY UPDATE. AND ON TWITTER TOO @IMBHUWI .. YOUTUBE CHANNEL(DUMB TRADER ). YOU WILL LEARN MANY THINGS FROM MY VIDEOS AND PLS DONT FORGET TO LIKE AND SUBSCRIBE
UJJIVAN (Ujjivan Financial Services Ltd) BUY ABOVE 295 UJJIVAN (Ujjivan Financial Services Ltd) BUY ABOVE 295