Weekly Supertrend in the green = Long Term Trend Up
Daily William%R bouncing from oversold zone = Short Term Pullback Over
Stock taking support at Trendline and near 50% Fibonacci Level = Demand Zone
Bullish Engulfing Candlestick Pattern = Strong reversal sign
Buy with a stop at Rs.189.50 for a target of Rs.213 and above
Tata Global has formed Shooting Star on a major trend line & it will serve as important level of resistance in future, once price broke this major resistance look for long side opportunities.
Entry : Long Abv 220
Stoploss : 205 (Closing Basis)
Basic Target: 240
if you have any queries regarding above idea or any other stock feel free to D'M
SWING TRADING SELL JETAIRWAY at 203 SL 248 TGT 117
NSE:JETAIRWAYS traded on NSE with 3 times its average trading volumes with Maribozu Bearish below ichimoku cloud. Wait for a bounce back to sell into JETAIRWAY.
PLEASE CONSULT YOUR FINANCIAL ADVISOR BEFORE INVESTING.
These are for study purpose and any live trade taken on this analysis will have to get...
Step #1 How to Identify the ORB Nr4
The ORB pattern is defined as a trade taken at a fixed value of the opening range.
The Opening range Breakout trade is more effective if taken after an inside day that has its daily range smaller than
the previous 3 days, which is where the Nr4 stands for. You have three candles followed by another candle with a
Correction - New Blogs can be checked on left top corner as compared to right top corner suggested over the video.
Plan A - Buy in 10650-10675 zone with strict stoploss below 10620
Targets - 10780-10800 / Buy Above 10800 for 10890/10925 / Above 10925 for 10985-11,000 & More only above 11,000 levels.
Plan B - You can sell if you see index...
Reliance Industries which in the past 3-4 days has increase by 3-4 % continuously due to its excellent quarterly results. But the security is overbought in the market. Stock price has crossed the upper risk band, volume oscillator is decreasing and RSI has gone in the overbought zone. Last but not the least stock has given a doji candlestick on last trading day....
BTST IN NIITECH
NOTE:IS ALSO GIVEN AS A POSITIONAL TRADE EARLIER
ADD UP TRADE
HOLDING MOVING AVERAGES WITH
A PIERCING LINE CANDLESTICK PATTERN
ITS LOOKING GOOD FOR A BREAKOUT
JAN FUT TRADE
Buy Wipro for 1st week of New Year. I think it will increase in the coming week and will cross resistance level of 333 within next week. In the coming week you can keep target upto 337 and Stoploss at 324
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This is weekly chart of BANKNIFTY on NSE (INDIA) with CMP @ 25,737.50. Critical analysis/observations as mentioned below suggest that we may take short term bullish view:
1. Price was following a rising channel from December 2015 till price broke down in Sep 2018 as indicated on chart.
2. During rise in price (MARCH 2018 to AUGUST 2018), it can be seen that it...