NSE:ESCORTS As We can see Escorts had a Top around 750-770 levels where it formed a Bearish Engulfing Pattern(Marked Area). Now at the same Area It made a Reversal Candlestick Pattern called Shooting Star(Marked Area) with Volumes above Average. That Pattern is also called "Falling of the Roof(Steve Nison)" which touches targets in fast momentum. Risk:Reward...
UPL LONG based on S/R and Bullish Harami
Hatrick!!! – Watch Earlier Connecting Videos mentioned in the post. Good Morning Fellow Traders! Wishing all of you a happy, prosperous & peaceful 2018 – Do take care of volatility which will be part & parcel of this year- Learn more about stop losses – It is always better to cut your losing trades & carry your winning ones. Yes, you heard it right- FBO not FBI...
Check the video for exciting journey from 690 to 670-665 & below 665 to 650 - Boom again to 670-677-687. Check the current status for target below 689 - 681-677-670. Should sustain below 689 as any move above 697-698 -setup invalidates. Auropharma 1st Video - Selling the Tops below 689 -690 for 670-665-650 Do support. Thanks
i think the stock is turning its trend into positive although a good spike has been seen but after a short profit booking i again see the stock to touch good levels that may surprise !!!!!! stop loss in such stock is compulsary!!!
We continue with ALBK (Allahabad Bank) as suggested in the previous post that we can plan to buy ALBK if it comes close to 65-66 Zone- Traders should look to buy if it remains above 65 which was our stops downside I have updated previous post twice when it was close to 65-67 Zone - Please say - "khul ja sim sim" the magical door opened & obliged us by holding...
Explained in chart Trade setup - wait for next candle formation Disclaimer : Not a recommendation - Purely my view - CHEERS
It is been observed that the price action indicating weakness due to the formation of two consective bearish candlesticks at the prior resistance levels. It is also indicating price rejection at higher levels. Target 1: 1700 Target 2: 1680 Stoploss: 1760