Double Top
TATASTEEL UNDER CONFUSION STATETATASTEEL facing resistance exactly at fibonacci (513).
Will it break up or will move in uptrend double top?
If it breaks up target 535
If it moves down target 490
SELL SRF1)Double Top Formation
2)Bearish Butterfly pattern
3)Bollinger Band resistance
As shown in chart whenever stock break 2200 level it rapidly moves down and Simple moving average acts as support.
So it can move down up to 2140/2100/2040....
[Intraday] KAJARIACER Double Top + Inside Bar Short TradeDouble Top + Inside Bar
Short below 538.05, SL PDH
PDH = 550.80
If gap up or down, follow 5m ORB.
SPX, Double Top formation on weekly Resistance areaGood time to go short, with the stop above 2700.
T1- 2450
T2- 2200
Nifty -Waves -Magic of 10800- Is This Ending Diagonal/Wedge?Trading Strategy
Magical level 10800 was the level identified on 23rd Jan 2019 as per status update - took a risky call in between 10840 - 10850 with strict stoploss -10865
Remember -
If you are trading -you will lose -no doubt but If you are trading & don't know what you are trading - you will lose all!
Plan A
Wait for some correction if index opens with gap up & initiate or execute your buy somewhere between 10865 -10880 - Stop loss is 10800 ( Stoploss is big- If not comfortable- do not trade)
PlanB
Sell only below 10800 or Sell in the resistance zone 11025 - 11050 - Coming with stop loss is tough at the moment
Thanks for watching the video and your precious time.
Nifty - 200!-White Walkers PatienceNifty & Cheteshwar Pujara -The White Walkers - We should learn the art of patience from Mr. Pujara.
Thank You, Sir, for giving us such a wonderful performance.
14:05 Hrs 17th Jan 2019
Last Price@10862
Target achieved
Target 1@10865 done as per the last update- selling from 10905-10915 - day top zone
In progress
Target 2@10825 - in between there is minor support zone 10840-10850 - currently holding.
Nifty Picture at 12:46 Hrs IST -17th Jan 2019
Trading at 10898
Last Video Idea - Network/Waves/Intuition Part 2
We achieved 200 points from 10710 to 10910 from the last update. Hope you enjoyed the trade.
Wipro - Double TopWipro has failed yet again around 335 levels forming Double top in the week of 17 September 2018 and 17 December 2018 .
I can also see a large Bearish Engulfing candle for this week.
Looks like the stock is headed back to 305 levels.
Good opportunity to short with stop loss around 335.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
Auropharma -Selling the Tops@831-ByeIf you get opportunity to say bye bye to bollywood actors we were blessed to have such actors like kaka and asha parekh - Won't you be interested to say good bye.
Thanks for watching the video and your precious time.
Double top formation in ICICI bank in monthly chartDouble top formation in near strong resistance.
SL is Nov-18 top 375.30
Petronet short term view- BearishShort opportunity with minimum stoploss. Refer chart
Vijayaraghavan.K,
Kovilpatti.
AMBUJA CEMENT/GOOD LONG/ TF-1MONTH/ENTRY 200/SL 188/TGT 240AMBUJA CEMENT IS A GOOD LONG ABOVE 200 LEVELS FOR 1 MONTH FOR A TRAGET OF 240 WITH A STOP LOSS OF 188.
CONDITIONAL STBT IN EXIDEIND NOV FUTCONDITIONAL STBT IN EXIDEIND
NOVEMBER FUT
SHORT IF CLOSES BELOW 250
SHORT@249
STOP@253.5
TARGET@242
LOT:2000
Double top formation in Berkershire Hathway1) Exact double top formation in Monthly chart
2) bearish Divergence formed
