The stock has moved to all time highs. I think there will be a lot of resistance at the high point and it will retrace towards the long term resistance marked on the chart. It is in a strong bull run and will provide a good buying opportunity in the coming few days. Buy @ 3650 SL @ 3400 Trailing stop loss strategy.
⚡️Horizontal Breakout above 490 ⚡️Trend of stock has reversed after sloping trendline breakout above 420 ⚡️200 SMA breakout above 420 ⚡️Strong trend confirmation by RSI and ADX ⚡️Looks good for positional 10-20% upside with SL below 425
NSE:KAKATCEM DOW Theory: Swing High Low: Higher High & Higher Lows : Continue : Up trend. Parallel Rising Channel Pattern, Bullish Engulfing Candlestick Pattern Latest found as 2 candlestick pattern. Bullish Belt Hold Candlestick Pattern Latest found as 1 candlestick pattern. Breakout above Swing High: 158.40 Target : 173, 237.90+ Stop Loss: 144.40 Risk...
Double bottom formation is very bulish pattern and looking at market conditions it will surely workout. one can go long after the breakout of accumulation zone.
Currently in a downtrend. Looking to form a base. It is better to be patient and wait until the trend reverses.
GODREJCP, weekly downtrend (dow theory) Expecting 600-550 down
as salam dan salam sejahtera traders a very volatile market ye last week, for a momentun traders sure buat untung last week kan? kalau perhatikan banyak kaunter yang selesai melakukan first spike dan kini sedang retrace as a trend trader dan swing trader ini peluang yang ditunggu tunggu perhatikan dsonic selepas spike dengan volume minggu lepas ia retrace...
As salam dan salam sejahtera traders. Apa khabar? Melihatkan pada pergerakan harga kaunter ini baru baru, ia telah pun break downtrend line. Tetapi adakah trend baru akan bermula? Jika kita menggunakan Dow Theory as a way of confirming a trend, High dan Higher Low already confirmed. Apa yang ia perlukan hanyalah new Higher High dan ketika itu barulah risk akan...
So do you think I'm giving an aggressive call? If you observe my stop loss is conservative, so this gives me a mileage to keep a big target. Considering the recent fall in NSE:NIFTY just observe the previous fall dated from 19th September to 27th September, just see you will find a lot of similarities in both the situation. The Earlier one looked like a ...
NSE:JSWENERGY was moving in in Downward Channel on Weekly Chart, and the stock broke this channel in the 1st week on September there after we witnessed a swift rally 81.70. Trading in better rewarding as risk is comparative lesser where you try to gauge reversal at channel extremes and take advantage of low stop loss during this reversal points. Channel...