Overall Structure Looks Bullish SL 320 Target 510-520s Zone POC Zone 365s Price is moving in HH & HL Pattern on WeeklyTF The price is just above the 200day Moving Avg for the stock with divergence Stock is trading near the POC line Expecting a potential upside on the stock Lets deep dive into Daily analysis On Daily time frame Chart we are able to understand that...
EURUSD on Strong Support waiting for 4hr close above the previous close to go Long. Note: Trading is Subjective to market risk. So, Trade Safe with risk management.
The stock on higher TF is making a good structure Bullish Bias Bullish Divergence Stop loss of 3600s Target of 4700/800s Zone
Stock was in correction mode. But in lower timeframe, the stock has formed HH HL structure and given a good close. Can be a good entry trigger
In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading. Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing...
Few pointers from my analysis on JINDAL STEEL AND POWER. 1. The stock has been in a significant uptrend , making higher high and higher low formation. 2. The stock has consolidated for good amount of time in the big continuation flag pattern. 3. The stock has been respecting all major Fibonacci retracement levels and has in-fact retraced upto fibo .618 level ,...
The stock was in uptrend since its IPO. Recently after some strong candles the stock was moving sideways. Today the stock has come out of that sideways movement and formed HH HL structure. Can be a low risk entry here.
Do not Trade in between 35653 - 35070 . As you all can see , Bank Nifty is respecting the Red Tredline marked on chart and had been making Higher - Highs & Higher Lows CContinuosly . So , there is enough room after 35653 . If BN Sustains above that levels we could see a Trending Market with Big Targets We'll only find buying oppotunities today . Take Entries...
Buy L&T @ 1448, T - 1525, 1565 SL- 1410 Breakout from HH-HL pattern.
Bullish Bias Buy at CMP SL 770 Target 1140 Divergence and support
Beautiful structure Higher lows possible its a clear buy on dips SL 295 levels Targets ATH Buy price only if it retraces to 370/350 levels
The stock is trading in higher high and higher low formation. Immediate support lies around 1220. I expect some sort of consolidation and correction in the current zone i.e. 1220 to 1300. It can be accumulated in dips till 1220 for higher target. CMP: 1286 Target: 1335, 1380, 1500 SL: 1190-1200 on daily closing basis.