Usually this wave structure forms in an impulsive sequence as wave 4 . It consists of 5 sub waves as wave-a , wave-b , wave-c, wave-d and a final setback wave-e . Each of these waves consists of three wave internal structure. Each of the waves should not break their extreme points. The final confirmation to enter the position comes when the price gets close above...
The stock is in a good run, buying opportunities can be generated at good support levels.
Profit booking can be seen in the stock from few days
Good Buying around 60.
You must buy if the stock come to 0.5level.
Please tell me your views ?
NSE:SAIL keeping strong in these market volatility.
Can be considered for swing trade, if metal sectors continue to rally owing to the various global news coming in.
Good triangle breakout.
Good volumes consolidation in the stock after an uptrend, is ready to move again.
T: 140, 150
SL: 120 on a closing basis.
Disclaimer: This is NOT an investment...
I Guess it is head & shoulders pattern in crudeoil in 2 hours timeframe
If it is true then we can expect blue lines are possible targets with blackline as stoploss.
GOOD LUCK!!
silver most likely will drop after reaching the levels
if we see more further upside i will update as of now looking at drop
sooner or later ..just mark the calculated zones and trade
NSE:HINDALCO
Good chart formation.
Inverted Head and Shoulder pattern
Good demand zone in RSI
Holding 404 levels, stock may rally.
Metal sector is the current flavor of the market, performing strong in these range bound times.
T: 427, 448
SL: 404 on closing basis
Disclaimer: This is NOT an investment advice. This chart is meant for learning purposes...
Nifty Metal CMP 5360. It will become strong above 5400 and aggressively strong above 5500.
Sail also moving in pattern try to buy above 130
With SL of Low flag support
NSE:BAJAJHIND
1st breakout already happened and it has sustained it. No in this month it has tried to break the next level but failed and coming down to check the support level of 17.
And if it gets the support from 17 then in next month we can see a good move in this stock.
Once can enter from this current level as well another safe entry point will be from...
Expecting a good move in this stock as per the breakout and retest.
As per my view Entries can be taken now or you can wait for lower levels around 700.
The company has recently shown good result that is also a positive point for the stock.
Jindal steel is all ready to go higher with your blessings ;)
very good setup, risk reward favorable at CMP.
Buy if it closes above 429.6
Stop = 360
Postional setup
