It's basic candle stick pattern formed in Daily time Frame of ITC morning star. Morning star form in down trend and reverse the trend to Uptrend..
risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
Apollo Hosp Cmp 4165 dated 25.10.2021 1. Bullish Engulfing Candlestick formation at the support. 2. RSI divergence. Buy for a tgt of 4250-4315-4385-4450-4570 SL 4050 It is just a view, pls trade at your own risk.
BUY : 303 TO 317 TARGET : 595 Reason For Buying This Script : In monthly time frame it is forming a trend line channel line pattern & also it is forming fibonacci levels. Try to accumulate at this levels. Note : Above given levels are based on monthly & weekly time frame . So be patience it will take some days to achieve the target. ALL THE BEST ..
risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
After a quarterly result in line with analysts' prediction, buying is seen. Morning Doji star candle and more than average volume indicates go long on ICICI Prudential Life
Good long opportunity… taking support.. Resistance becomes support.
HDFC BANK has formed a Triangle breakout in 1Hr tf and has confirmed long entry and is expected to give long target of 1764.(approx) P.S : Also expect a big move in nifty bank index Also check out my other Ideas and support me :)
NSE:BANKNIFTY Banknifty imp levels for 24.oct.2021
Asian paints is in its major support line and has formed a doji candle on the line. If we see a good green candle this can be a good sign of reversal. This will be a good risk:reward trade with minimum risk and maximum reward. If stock breaks the support line ,don't enter it. If stock bounces from here , this will be a good entry. Look for bullish candlestick...
BandhanBank after momentum now consolidating with falling wedge pattern and trading above its 50% fibo retracement levels. Showing a good bet for targets of 345-360 with a downside risk of 314 & 310. wait for breakout..
Wait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the...
Deepak Nitrite has formed a Evening Star pattern on its weekly chart. This indicates stock has made its top for a time being and possibly correct henceforth. If it trades below 2350, initiate sell position . If anyone in our group having positions in this stock, I would recommend to exit 30% of your positions @ 2350 and remaining 70% at around 2100 . Target...
1050 Strong Support Zone Breakout Above 1200 Near 200ema
risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
it has formed evening star on weekly chart. rallied far away from 20WMA. so it seem mean reversion is happening now. it can fall upto 910 -1050 zone for support. on daily chart we can see lower high formation. and if it starts trading below last close price. confirms it is forming lower lows.
Federalbnk Long Breakout done Buy at CMP- 93.6 or around 90 SL- 86.8 Target- 98.2, 104.7, 110 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.