Indus bank is in the consolidation phase after a big downfall. If this triangle consolidation breaks on the downside downtrend will continue.
TVS motor has presented us a very juicy shorting opportunity. On weekly, it has broken a wedge formation. On daily a flag formation has been broken. SO pressure is on the downside. As the broader market is also plummeting, there is a high probability of TVS motors to reach its target and beyond.
Excellent short opportunity in Berger paint. SImple yet powerful selling structure.
In the medium term, I feel Cipla looks weak and can be shorted with a small stoploss! A trade with a good risk:reward ratio! See the video to know more!
EMAs crossover and stochastic bullish crossover provide an opportunity too ride the stock's resumed uptrend. Price levels are given in the chart.
First of all i don't know weather this pattern is true or not but i have seen good results in many charts so i am sharing it over hear. This is continues H&S pattern which shows that the prices will continue to follow its trend. For example IF prices have move from Level A TO B and forms a Reverse H&S Pattern at top of the trend and if it gives a breakout from...
if Pennat formation broken to the up side then possible targets could be 5365/5515/5658
A good RR long here. Buy now with stop below week low + some filter with which u r comfortable.
Long near 244-243 with a stop below 241 offers good RR for a bounce in this counter.
I really don't know what to write in description, everything is in chart itself. I'm really bored with Fx markets, thats why posting equities :) (i) Enter after valid confirmation only (ii) Use tight stops, if we are wrong on direction, Tight stops help you to cut down loss (iii) Check your risk & trade plan once before entering the trade If any specific doubt...