SBIN CMP 316 Link to previous post The stock has jumped big time from 3-4 trading sessions back 250 odd levels to 320 odd levels - the stock has touched upper end of trend line and has stepped down signalling it to act as resistance - 305-312 is important level for SBI on the lower side Given the set up one may consider Short Strangle strategy for...
It has been observed that the price action was consolidating at the support levels and now it breaks above the consolidation indicating buyers coming back strongly and pushing prices up. T1- 261 T2-268 SL 248
The stock is in an uptrend and has seen a big breakout in the last couple of trading sessions. Volume has spiked too, which is a positive sign. Am watching this stock. Have made an initial purchase already. Would like to add more on a breakout above recent highs.
this is not buy call...let it consolidate and wait for breakout from bullish Flag pattern
Directionless on Direction : Are we predicting the directions here ? Absolutely not, then that arrow pointing down ?! Hmm, As Market has went up earlier when it was in bull run, its ideal expectation that , in a downside move it will move further down ( Check Left n Right Consolidation ) . All fine if it breaks downside & moves as we wished, but what if it...
It is been observed on the the Daily and Weekly chart that the price action is consolidating for past 10 weeks continuously within a rectangular or sideway channel. Now, it has finally broken above the the channel and shall further move up to new highs if it closes above 465 levels. Target 1: 480 Target 2: 490 Stoploss: 455
reaching support and take ur entry and SL accordingly (11.19- 10.7-9.7) party only above 12.5
BNF will be in consolidation for few days (at least 1 week), before Upward move it will touch the previous trend line or 20400 support, hold your money, take small qty PUT near to 21000,& call near to 20450, If it moves below 20300 PUT is absolute, & above 21000 call is absolute.
Hi Everyone, Nifty reached its resistance zone, from here we an expect some consolidation 8400 level. My suggestion wait and Enter long @ 8400 level Target - 8900
This time Nifty is going to take immense time to get settle for fresh rally to break the Resistance of 9000 Points ( Failed to Break 2 times in Past) . So investors have excellent opportunity to take a position in the Range of 8300-8150.
The above posted chart is a preview or quick snap shot of markets movements for past couple of days for retail traders to get some alignment with market and make inform decision by taking following factors in consideration 1. Showed GAP UP 2. Bearish Trending Channel GAP Down 3. Consolidation between 8745 -8690 Now, looking forward for a breakout from either...
The price action breaks out from the rectangular consolidation indicates weakness. Target1: 131 Target 2: 128
On a monthly chart, the price action has broken out from a consolidation range that indicates bullishness and buyers dominance. Previous month the stock corrected 25% and retraces back to the previous breakout levels or resistance. The prices may go down further to 28 levels but eventually it will rise with the time and may cross over all time high of 45 levels....
On hourly chart, the price action breaks out from a consolidation that shall move prices to next resistance level of 865 levels. Target 865 Stoploss: 830
It is been observed that the price action is been consolidation with a rectangular price range and it was earlier also observed that the price action breaks upside but could not sustain the uptrend as we didnt get to see a new higher highs and after a while the price action breaks below the consolidation and now it is confirmed as we go to observe a lower low that...
Today's Price Movement breaks through the big rectangular consolidation. The consolidation is been continuing for a while but now it seems like the price action is changing gears, it shall move down further to the levels of 4750. Target: 4750 Stoploss: 4930