Candlestickpattern
Go long on BharthiArtl Morning star pattern on daily chart at major support area with Rsi above 40 & cutting upwards.Targets on the chart which i feel as some resistance levels.
Coal India Open a Swing trade possibility.A morning star candlestick pattern is formed today which indicates a trend reversal. The same happened before as you can see in the round marking sections. Opportunity for a swing trade.
Buy at 123.85 or you can wait for confirmations.
Please verify it with your technical analysis also.
A swing trade with a 1:1 risk to reward ratioTrend breakout in AMBUJACEM BUY: 217.45, SL: 205, TARGET: 230
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We can see a bullish candlestick Pattern i.e piercing line pattern at the swing low also a clear breakout of trend line with a bullish candle.
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Here we can get 1:1 risk reward ratio which is a good opportunity.
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Disclaimer: Do your own analysis or consult with your financial advisor before taking any action.
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-Mohit Rajani
Inside Candle Strategy using the 20MA (BANKNIFTY)This strategy does not work 100% of the time, but it does offer a good risk reward ratio.
If the pattern occurs in the first 15 min, wait for about an hour and observe the price action, and take a trade only after the breakout. Taking a trade too early may result in your SL getting triggered too soon. You want to try and make it harder for the market to trigger your stop loss, hence you should set it just above important levels and not exactly on them.
Bajaj Finserve Trend, Trade Setup & Candlestick Analysis !!TREND ANALYSIS & TRADE SETUP !
WAVE COUNTING !!
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for entry setup, if available then Long/short.
Reward is 5-8 Times
FINEOTEX CHEMICAL LTD: Bullish Engulfing patternFINEOTEX CHEMICAL LTD: Bullish Engulfing pattern. The stock tried A year-long resistance and breached it. Waiting for price action and volume confirmation. Watchlisted for now.
“In investing, what is comfortable is rarely profitable.” - Robert Arnott
Disclaimer: This idea has been posted strictly for educational purposes only and any investment shall be taken post proper due diligence and consultation of a certified Financial Advisor
BUY WOCKPHARMA AT MARKET STOP LOSS 306 TARGET 340BULLISH HARAMI CANDLE STICK PATTERN AT THE DAILY CHART WITH PREVIOUSLY TESTED SUPPORT LINE.
BUY WOCKPHARMA AT MARKET STOP LOSS 306 TARGET 340
EICHER MOTOR SHORT TERM VIEW This is my first view on Eicher motor. After learning from the last 1 year.
In Eicher motor one can go for short for 1 to 2 weeks.
It shows the divergence on the daily candlestick pattern.
target 1:- 18500-18400
target 2:- 17500-17300
target 3:- 16500-16300
correct me if I am wrong.
Any suggestion most welcome
thank you !!!
EICHER MOTORS DARK CLOUDEicher motors just crossed resistance and had a small rally now formed dark cloud, it will fall now.
NIITTECHNIITTECH HOLD AT LEVEL OF 1304 AT 31 TRADING DAY SO IF NIITTECH BREAK 1304 LEVEL YOU CAN SHORT.
Entery Price:
Aggrasive Trader: 1321
Safe Trader:1304
Stop loss 1371
Target:1227
Banknifty 21240 seems to be the only important levellWeekly charts looks all set to form double bottom and if 21240 level breaks, we can easily see 2000+ points rally upwards.
ACC LTD on bullish trend.We have clearly seen the bullish trend forming on the charts of ACC LTD. The stock has successfully break out given today @ 1300 level but closed below the level of 1300. So long entry will be taken only after the 1300 level for the next move till 1350. Now stock is moving above the 50 EMA. So add the stock in your watch list .
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .kindly follow & like for more educational ideas.
CIPLA - Time for Little Correction?CIPLA has formed Dark Cloud Cover on 4 Hour Time Frame and has given confirmation by forming a bearish candle. If it breaks below Rs. 649 and sustains it can fall upto Rs. 629 and further.
Disclaimer: This is just for Education Purpose. I'm not in any way advising you to buy or sell. Trading in stock markets is risky. Please consult your investment advisor for trading and investment recommendation.
Glenmark - Short term reversal Daily charts of Glenmark suggest some profit booking.
Cmp 402
Stop loss 413
Target 390 and 375
