Ultratech cement forming bearish HANGING MAN candle NSE:ULTRACEMCO
Negative candle shunting that started from 262 has stopped after touching low of 213. This was followed by appearance of a positive momentum candle, post which the on daily charts one can observe higher lows.
#JBCHEM reversal to retest ATH has started after consolidating for a month Entry -1670 -1680 stoploss - 1620 Target - 1873 / 1938 Risk Reward - t1 - 1:3 Risk Reward - t2 - 1:4
A flag pattern is seen with narrow range candles, ATR is also decreasing. Both of them are showing a sign of possible upward momemtum, it might a good intraday trade. there is an NR4 candle with an inside bar. trade can be initiated if price stays above previous candle's high for the first 3 minutes. Lets see what happens on monday,
Bulish engulfing pattern identified at Day chart. So expecting price will go up for swing trading.
Lets look at the candlestick pattern that i have marked on the chart, its a morning star. a perfect setup for reversal. can go long as it has given a breakout today closing above the resistance. targets and stoploss are both marked in the chart.
Target:- 310 Stoploss:- 178 Stock has already touch the support line, going upside and showing a bullish Green Candle. So we can take this trade.
Just one step away from breakout. Once its done, you will see this stock flying high. Disclaimer : This is just for educational purpose. Do your own analysis before taking any position. I am not responsible for any profit or loss.
#marubozu BULLISH Marubozu with Pullback on Daily CHART Happy Learning
HDFCLIFE | Channel support + Bullish confirmation 15% CMP : 671 SL : 650 Target : 760 1:4+ risk reward setup We already holding for long time - If holding that chart (Reference attached) don't disturb that position this is just a short term / momentum opportunity. Treat this seperately.
HAVELLS | Flag pattern looks good for 15% CMP : 1225 SL : 1190 Target : 1400 1:5+ risk reward setup (P.S : Target calculated based on Fib and Flag pole length)
PIDILITIND | Flag pattern even in this valuation - 35-40% CMP : 2350 (Dip : 2200) SL : 2130 Target : 3300,3500 1:4 risk reward setup
hammer low cut also Day candle support to short direction. it's may short lot size 50%
A gravestone doji is appeared 3 days ago in NSE:COROMANDEL . As we know gravestone doji is super bullish candle if it is at the right position in the chart. You can see doji comes after a long downtrend it means now it will show you a upward move upto or above its previous high. Ride this horse with your trailing stop loss.
VGUARD | Trendline breakout looks good for 25% CMP : 250 SL : 235 Target : 305, 320 1:4+ risk reward setup Target basically calculated based on Fib 1.6 level
Amara Raja Battery - Bullish Strategy Stok has corrected from almost 300 points and it seems that it has completed Time and Price wise Correction. Risk Reward is Looking Favorable and one can Bet on this. Price is on important weekly support and formed Hammer Candlestick Pattern of its Demand/Support Zone. Aggressive Traders can Buy on current levels Buy...
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...
reliance : 2270.25 trade set up : 1. buy above 2275 2. keep stop loss as 2223 on closing basis 3. targets : 2316/2362/2509+ technical buy based on : 1. multiple time frame price breakout 2. rounding bottom 3. trend line 4. bullish engulfing candle near breakout . note : after all targets done successfully on triangle breakout pattern as shared in our previous...