countertrend

AxisBank - Rounding top in hourly. If Closed below 801 then 795, 789 can be attained. Stop loss - 808

Gail Broken Trendline in hourly. RSI Divergence seen. If closed below 356 then 353 - 350 can be attained. Stop loss 360.

Sell GBPJPY targeting 145.00 level. Last week we saw a strong resistance around the 148.25-148.50 levels. High probability of a U turn Stay connected for more trade ideas like this. cheers :)

This is daily chart of SUNTV on NSE (INDIA) with CMP @ 607.55. It seems to be a good shorting opportunity in the scrip based on following observations: 1. It is downtrend which is obvious from the chart. Counter trendline has been drawn which acts as resistance marked by arrows. 2. It is also observed that price tests EMA50 on retracement and gets rejected to...

This is weekly chart of BHEL on NSE (INDIA) with CMP @ 69.20. It looks a good shorting opportunity on the basis of following observations: 1. Please refer counter trendline/resistance line drawn on the chart which acts as resistance as shown by arrows. 2. Price retraced to 38.2% level on Fibo as shown on the chart and downtrend again resumed. 3. A symmetrical...

This is weekly chart of TVS MOTOR (CMP @ 553.45) which looks good for a long trade based on following observations: 1. A trendline has been drawn which has been tested for its reliability many a times as established support as shown on the chart. This established trendline once again was tested on 8th Oct 2018 which also coincides with key retracement level of...

Notes on the chart. Trade safe, stay healthy. Do hit the like button, it does not cost anything :) Regards Bravetotrade

Notes on the chart. Hit like, comment and follow. Trade safe, stay healthy. Regards Bravetotrade

It is been observed on daily chart that the price action is moving up with higher high then previous green candle indicating a counter trend setup. It shall further move up to Fibs levels of 23.6% at 37.70. Target: 37.70 Stoploss: 34 RR: 1:1