VEDANTA is moving in a down channel for a month after touching the 6 year highs. Currently in breakout /reversal zone.Also near its 618 fb level
Nifty's today's low of 10,058 was exact 23.6% fibonacci retracement from high of 10178, Strong pullback from lower level created possibility to cross lifetime high, Buy Nifty between 10,100-10,120 SL 10,050 Target 10,247
In my previous post I suggested buying..perhaps the move started a bit earlier than expected but hit the target..see below >>> When I look at the current chart and ask myself, what could be the ideal place to enter ? Is it on the next bar break above the Doji candle made in the last hour today or at a lower price ? Before beginning I would like to make it...
Standing at 2 years support. Previously it has taken support 3 times at this levels within 2 years Aggressive Investor/Trader Can Long from 215 levels with 205 as Stop Loss Target 1 = 0.236 Retracement (shown on chart) Target 2 = 0.382 Retracement (shown on chart) Conservative Investor/Trader Can Long after a candle Closes Above Red line = 235 with 225 Stop...
As it sees it forms a descending triangle in 30 in time frame + volume + rsi + at a fib .38% level on a daily chart + having long trend line support as well. For Day trader - Buy above 219 stop loss 216 TARGET- 222 224 228. For other trader- buy above 220 stop loss 205 TARGET- 230 240 250. In a case of downward breakout initiate buying in the range 206-211 stop...
Channel Break-out then a retrace at 61.8% & closed above channel top. Safe entry can be above the red line on the below chart with stop loss below 1780. Targets can be 1850-1869-1893-1923 Happy Trading
Study on trends and their reversal. paper trade to verify price travel estimate from 680 to 655 via 667.
For Friday Sep 15, 2017 S&P 500 Above 2499 Go Long For Targets 2502.7, 2504.4, 2508.2, 2513.2, 2515.2, 2518.6 Below 2492.3 Go Short For Targets 2488.5, 2486.8, 2483, 2478.1, 2476, 2472.7
For Friday Sep 15, 2017 DOW JONES INDUSTRIAL AVERAGE (TVC:DJI) Above 22233.3 Go Long For Targets 22266.6, 22281.5, 22315.6, 22359.6, 22378, 22407.8 Below 22173.7 Go Short For Targets 22140.3, 22125.4, 22091.3, 22047.4, 22028.9, 21999.1
For Thursday Sep 14, 2017 S&P 500 Above 2501.8 Go Long For Targets 2505.6, 2507.3, 2511.2, 2516.2, 2518.3, 2521.8 Below 2495 Go Short For Targets 2491.1, 2489.4, 2485.5, 2480.5, 2478.4, 2475
For Thursday Sep 14, 2017 DOW JONES INDUSTRIAL AVERAGE (TVC:DJI) Above 22188.4 Go Long For Targets 22222.3, 22237.4, 22272, 22316.6, 22335.3, 22365.6 Below 22127.9 Go Short For Targets 22094.1, 22079, 22044.4, 21999.8, 21981.1, 21950.8
Creates head and shoulders pattern on 1 hour time frame. If Break and close above Yellow Line >> Buy.
For Thursday 14-Sep-2017 BankNifty Spot Above 24876.4 Go Long For Targets 24926.4, 24948.7, 24999.7, 25065.6, 25093.2, 25137.8 Below 24787.2 Go Short For Targets 24737.2, 24714.9, 24663.9, 24598, 24570.4, 24525.8
For Thursday 14-Sep-2017 Nifty Spot Above 10095.7 Go Long For Targets 10114, 10122.1, 10140.9, 10165, 10175.1, 10191.5 Below 10062.9 Go Short For Targets 10044.6, 10036.5, 10017.7, 9993.6, 9983.5, 9967.1
For Wednesday Sep 13, 2017 S&P 500 Above 2499.9 Go Long For Targets 2503.7, 2505.4, 2509.3, 2514.4, 2516.5, 2519.9 Below 2493.1 Go Short For Targets 2489.2, 2487.5, 2483.6, 2478.6, 2476.5, 2473
For Wednesday Sep 13, 2017 DOW JONES INDUSTRIAL AVERAGE (TVC:DJI) Above 22149.2 Go Long For Targets 22183, 22198.2, 22232.8, 22277.5, 22296.3, 22326.5 Below 22088.6 Go Short For Targets 22054.7, 22039.5, 22004.9, 21960.2, 21941.5, 21911.2
For Wednesday 13-Sep-2017 BankNifty Spot Above 24830.5 Go Long For Targets 24881.8, 24904.8, 24957.2, 25024.8, 25053.2, 25099 Below 24738.9 Go Short For Targets 24687.6, 24664.6, 24612.2, 24544.6, 24516.2, 24470.4 Positional Sell on BankNifty