HDFC ltd Bearish engulfing pattern looking weak from current level
Expecting more downfall from current levels more downfall expected
anext support levels 1600 1550 1500
Century Textile can be shorted below 780 for 760-740-720. SL can be around 801
1. Trend Line
2. Bearish Engulfing candle on Daily Chart
3. Stochastic - Oversold
4. Poor market sentiment
ICICI bank is in downtrend but do not enter right now.
Look for the better R:R ratio.
SL is in range, if you trading in Intraday your SL should be with your convinience range between 329-330. If you are doing interday or holding stock
for multiple day. you can take better risk and your reward will be higher, make it 335.
Hope this gives your good R:R...
NIFTY 50 made Morning Star candlestick pattern today.
as pattern is complete so next confirmation price moving above of recent top 10400 on next trading day 15 oct 2018
I recommend to Buy Morepen Labs as a positional call for medium term. Charts of morepen labs shows that the stock is oversold in the market with unjustified pessimism. It's prime time to get into the morepen labs with targets of rs. 42.00 which can be seen within 12 months from now. It has created a Inverted Hammer Pattern which is a strong bullish reversal...
ST Trade, basis candlestick pattern - Piercing Pattern: Buy: 8000 SL:7680, Target:8320
Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.
Escorts has made 3-Inside bar setup and trying to hold its support zone as per OI data.
its a good opportunity to enter into cash for long term, Please follow Fib levels for Support & Resistance
