1.Trading Near 200 Ema. has a tendency to Move when it trades near 200 Ema
2 At trend-line support
3.Entry after Trend-line Breakout will be beneficial
4.Keeping Swing low as an SL and Target near Nearer resistance
PDSMFL consolidating in parallel range of 900 to 1050, the stock rallied strongly post last consolidation. I assume the stock to be positional pick for medium term, as i am a learner and posted this for educational purpose,please correct and guide me if i have missed anything , so everyone could learn.
BRENT (Crude Oil):- 74.22 CMP, 80 to 90 zone (Multiple Resistance Zone)
1) Dow Theory (Downtrend Since 2008/2009)
2)Crude takes year to rise (But in pandemic its is rise too fast)
After one indecisive candle, there are two red candles has shown for NIFTY, one more RED candle comes today, than it will confirm downtrend for NIFTY for next couple of days.
Friday’s candle was also kind of indecisive.
$ is going up
Crude Oil is going up
Gold is going down.
Sail has perfectly followed the Wyckoff process and its going up with hug volume in bullish candle with wide spread candle..now its running on the lps and good for the entry if it retress more. can expect Target of 225
Tata Power is in bullish mode.
As per drawn Elliot Wave it should face strong resistance at 140.
Suggest to book partial profit at 140.
It will retest level 110 before further journey.
super cycle degree-white
cycle impulse-yellow,
cycle correction-red,
primary impulse-blue
currently we are in super cycle degree wave 3 which is supposed to be most powerful impulse,hence as an individual one should always look to buy this stock be it for intraday,swing or positional trading as higher degree will always have bigger impact on price movement.
In...
Eth has just played off a classic Wyckoff accumulation pattern. I had followed this ever since the secondary test, and the spring and LPS has played off since then. Sharing it to reach a wider audience. Thanks to uncomplication on YouTube for introducing me to Wyckoff patterns!
#ANDHRSUGAR
Perfect candidate to ride the Soft Commodity and Sugar Rally and hence my conviction here. Numbers listed are weekly considerations
Entered at - 442
Stop Loss - 415
Target 1 – 486 ( Next coming days )
Target 2 – 592 ( 4 to 5 months )
Target 3 - 672 ( 8 to 10 months )
Some of you might not agree with the gap between SL and entry price but I am okay...
As per Dow Theory, Indus Towers has over the years formed a classic "Accumulation - Participation - Distribution" pattern which has since mid-2019 reset back into the Accumulation phase.
On the fundamental side, 5G Technology is expected to be one of the big plays in the coming years.
Indus Towers has also slowly but steadily been accumulating into forming a...
![IBULHSGFIN: [SHORT TERM] INDIABULLS HOUSING FINANCE 12%, 22%, 38% PROFIT](https://s3.tradingview.com/m/mHkCaAv3_mid.png "[SHORT TERM] INDIABULLS HOUSING FINANCE 12%, 22%, 38% PROFIT")
