Do hit the like button and comment. Trade only if this setup suits your risk appetite. Regards Bravo
Technical : Double Bottom Reversal Chart Pattern (1hrs Chart) Keep an Eye On Trend reversal line And Double Top Breakout @ 360 Closing Basis on 1hr chart Technical Target : 416
Technical : There are 2 patterns in the chart for 1hr KEEP AN EYE ON Chart Pattern 1. Flag pattern 2. Double Bottom Reversal 3. RSI Divergence The breakout was confirmed on 12/11/2018 11:15am Candle @183 Technical Target : 207 Fundamentals : (Fundamental Medium Term Target 250) (Fundamental Long Term Target 300) 1.Total (Mkt. Cap) :...
Technical : Double Bottom Reversal Chart Pattern (Weekly Chart) Trend reversal line And Double Top Breakout @ 340 Technical Target : 431 Fundamentals : (Fundamental Medium Term Target 500) (Fundamental Long Term Target 600) 1.Total (Mkt. Cap) : 418cr 2.Zero Debt : 0.00cr 3.Stock PE : 18.40
Technical : Double Bottom Reversal Chart Pattern (Weekly Chart) Trend reversal line And Double Top Breakout @ 295 Technical Target : 361 Fundamentals : (Fundamental Medium Term Target 700) (Fundamental Long Term Target 1200) 1.Total (Mkt. Cap) : 1,88,830cr 2.Zero Debt : 0.00cr 3.Stock PE : 13 4.ROE : 104.19%
Technical : Double Bottom Reversal Chart Pattern (Weekly Chart) Trend reversal line And Double Top Breakout @ 88 Technical Target : 153
In weekly, price broke horizontal support, then it bounced back to retest the broken support, which is acting as a resistance now. also price is at descending channel resistance. also double top pattern confirmed here, it can slide down to 670, 640, 560 levels.
Wish you all happy new year 2018! As published last on this stock in May 2017 - Journey above cloud @237 - A new story could unfold, I am excited to put video update about that story & its current structure. Do support & enjoy.
Notes on the chart. "Wish you all a very happy and prosperous new year" Just trade safe and stay healthy. Regards Bravetotrade
There is a bearish butterfly & double top@10500. Trading Strategies Strategy 1 - If Nifty Holds in 10400 -10425 then expect a bounce to 10460-10485 & we book profits & wait outside Strategy 2 - If Nifty gets resistance between 10475-10500 after strategy 1 is done then look to sell on tops with minimum stops above 10500 - Target -10425 - 10390 -...
Its been a while since I wrote on the Index. In my last post I marked 10094-10013 as the key area. Market tested that key area and bounced sharply. Although the Bat pattern could not complete as per expectations, market reacted near 1:1 level (10013) shown in the above post and the cautious approach on bearish side worked quite well in protecting us. ...
Everything explained on the chart..
JSWSTEEL double top break down one can look for shorting opportunity. target for 235 keep stop loss above 260 at the CMP.
Mind tree Ltd Starts to move down, fundamentally the EPS of this stock has been reducing for a few years, The rest explained in chart.
BAJFINANCE is looking weak on daily chart and has formed double top pattern. 1713 is support trendline, if broken then stock can slide further down.
A nice Pick for a swing/ positional trade for this week is a short trade of TCS, Because the market NIFTY is overbought & is the world's most expensive market based on PE valuation so its better to short rather than to buy anything in nifty 50, and a recent filter showed TCS as overbought technically and seems to have formed a double top and is moving down, The...
Line 1- 1032; Line 2 :832 Double top formation and breakout done at 832 last month. Target: 628-642 (1032-832=200). If it is going up on coming weeks, use for short for the target range.
KPIT has a high PEG ratio of 1.48. This means the fair value of the stock is around Rs 100. Technically, it is forming Double Top + Evening Star. Good candidate for short if the next daily candle opens below today's low. Target T1: 127 Target T2: 115 Long Term Target: 108 SL: 139.5 (Today's high)