As the stock is in high momentum but MFI is giving a negative divergence we can expect a dip in the price so enter accordingly as mentioned above. Also stock is having good volume which is another good indication to enter. Stock has also given a multiyear breakout. #educational #investment #stockstobuy
Britannia flag breakout and retest on weekly tf R/R : 1:5.5 above 200 ema monthly pivot support on retest uptrending stock
XAUUSD : xauusd is currently going to sell down for beyond the technical analysis XAUUSD sell down REASONS : 1. Trend reversed into the down trend 2. Continuation Pattern : rising wedge formed.. 3. xauusd is corrective wave also completed to going down.........
Long Above 236 Stop-loss 219 Target: 321 The Minimum Price target is 278. But that's not where we should exit. After an entry, hold the stock until the trialing stop-loss gets hit, or 1:5 RR is achieved. There are plenty of techniques and tools to trail the stop-loss. One can trail the stop according to his/her risk appetite. I'll update the idea about...
Entry 283.25 Stop-loss 269 Target 253 Risk - Reward Ratio 1:5 LIC HOUSING FINANCE, from May 19th to Uptill June 17th, LICHSGFIN had a strong impulsive move. Since the 17th June top, price is in consolidation and remained above the 50% retracement level of the previous impulsive move. There is a high probability that an ongoing consolidation breakout may result...
SHORT NSE:NIITTECH below 1410 SL 1420 TARGET 1400/1390/1380 More Details in charts
Cadila Healthcare is in the uptrend in all time frames. Primary (Monthly), Weekly (Intermediate), and Daily (Short Term). Trading Plans - An analysis without a proper trading plan is very much useless. It's trading that makes money, not fancy analysis. Plan - A On a daily chart, the price is trading in a rising channel, recent consolidation formed a falling...
ITC, awaiting bullish flag breakout. Long above 186 Stop-loss 176 Target 235 Risk-Reward 1:5
Here's a falling wedge in the middle of an uptrend. Volume picks up on the breakout. Price also taking support at the previous top. A classic case of Resistance becomes Support. Long at 423 Stop at 400 Target 550. Risk Reward 1:5 Using Covered Call. Short Axis Bank 460 CE April @ 6. Incase we hit Stop-loss in spot, Option will help in bringing down the cost of...
AMARAJABAT formed a bullish pennant on Daily chart . Waiting for a breakout to enter long. Long above 781 | Stop-loss 755 | Pattern Price Target 850 Ideal target is 880, A strong resistance zone . Risk/Reward 1:4
MRF TYRE Buy on Pull back at 57150 With SL Below 56900 For Target 61000 Or Buy the 1st 30 Min Range Breakout On April Fool's Day. Keeping SL as 30 Min Low or as per your Risk Management. Falling Wedge in Formation ? And if formed and Breakout, It's time to touch 200 SMA. The 200 simple moving average ( SMA ) is considered a key indicator by traders and...
Indusindbk Short below 1471 Stop-loss 1490 Target 1406 Risk 1.29% And Reward 4.42% RR Ratio 1: 3.42 Bearish Continuation Pattern Descending Triangles In this “flat-bottom” triangle, the bottom trendline is horizontal and the top trendline slopes downward. The pattern illustrates lows occurring at a constant price level, with highs moving constantly lower.
Sell Pidilitind below 1101.85 Stop 1127.50 Target 1025 Risk 2.33% & Reward 7% Riks Reward Ratio 1: 3 Bear flags are favored among technical traders because they almost always lead to large and predictable price moves. Like all continuation patterns, bear flags represent little more than a brief lull in a larger move lower. Indeed, in many cases, the flag...
KPIT TECH POLE FLAG BREAKOUT CONDITIONAL TRADE DEC FUT BUY@230(229.85) STOP@226 TARGET@237.5 LOT:2250 QTY:1
Relcapital Sell Below 221.60 Stop-loss 234 Target 168.40 Risk 5.57% & Reward 24% RR Ratio 1: 4.30 Another Probability is, it can be turned out into triple bottoms as well but looking at the prolonged decline I personally prefer to sell descending triangle breakout rather buying triple bottoms. Continuation Pattern Descending Triangles In this “flat-bottom”...
Long sbin Above 288 stop-loss - 279.75 Target 324.70 Risk 2.78 % & Reward 12.84% RR Ratio - 1: 4.62 Continuation Pattern Bullish Flag Bullish Flag chart pattern represents consolidation. This means that it occurs after a large movement in price. As such it’s also a continuation pattern, which means that the market is likely to continue in the same direction...
Short Bajajfinsv Below 5550 Stop-loss: 5745 Target 1: 5160 Target 2: 4955 Risk 3.50% & Reward 10.75 % RR Ratio - 1: 3 RR is Calculated on 2nd Target. Reversal or Continuation Pattern Rising Wedge Prices are moving upward, forming higher highs and higher lows, but the price is confined within two lines which get closer together to create a pattern. This...