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.
HDFC | Nice channel breakout - Looks good for 20% CMP : 2933 (Dip : 2875) SL : 2700 Target : 3350 1:3+ risk reward setup
breakout after we can see 1st target 750, 2nd Target 800+ coming in this keep on radar for educational purpose only
Bulls are getting reading in Eicher Motors a swift upside movement is possible
Coal India looks good can buy at current market price around 180 - 184 for a target of 200 with a stop loss of 176
BHEL | Trendline support - Risky opportunity - Potentially 30% CMP : 54 SL : 48 Target : 72 1:3 risk reward setup We already made excellent trade earlier in this stock. Now it is second opporunity.
PSUBNKBEES | Investment on ETF opportunity INHS pattern with good breakout above previous supply zone - Looks potential for 60% CMP : 31 (Dip : 21) SL : 25 Target : 45, 48 Since it is Index it could be a safe bet and low volatile. Thanks to @Ananthan21 for bringing to notice :)
SILVERMIC | Getting ready for big CMP : 65300 (Dip : 64800) SL : 63800 Target : 68500, 70500
TCS is showing signs of bearishness.. Reasons/Traits : • Ascending triangle pattern breakout seems reached the target (For this pattern targets usually will be the width of current triangle pattern as shown ~16%) • Daily Trend far away from 200 EMA • Uptrend is in pause mode • Bearish Abandoned Baby pattern (last 3 candles) formation seen (very rarely this kind...
If the price retraces back to 18,180 then its ideal to take a short
KOTAKBANK | Strong growth stock - looks good for 25% CMP : 1790 (Dip : 1680) SL : 1620 Target : 2200 1:7+ risk reward setup
Perfect bearish butterfly formation Equivalen ABCD pattern formation From right to left if u count Candle no 4,5,6 are doji ,, Candle no 3 is inverted hammer Candle no 1,2 are inside candles of candle 3 Candle is bearish marabozu ( open =high)