Indian Oil has given a breakout (though not very convincing due to lack of a big candle) at the resistance of 94~95 level. The short term target should be 98~100. The midterm target should be 104~105 and a long term target of 115 can be thought of for patient warriors.
However, option chain analysis shows a huge no. of calls (big resistance for this month) at the...
TREND ANALYSIS & TRADE SETUP
Wave Analysis & Chart Pattern .
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for entry setup, if available then Long/short.
Reward is 8-12 times.
Based on my "xRSI-FKS Explosion's" predictive trading methodologies, its going to be a RED candle on 12-Jun-2018 for IOC
Sell Below: 172.7 for targets -
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own...
Hi All ,
Everything on chart. Minimum Target 435
No Naked Futures / Calls
3 strategy :
Buy April futures , Buy April 420 PUT
Buy April 420 calls , Sell april 440 or 430 calls
Buy April 420 calls 2 lots , Buy april 420 put 1 lot (Put /call combination as per ur chooice).
Note : Consult your financial adviser before investing ,...
It is been observed on the daily chart that the price action firstly breaks out from a big downward or zig zag consolidation and then again consolidated in a small triangle formation and now it breaks out from that too, indicating a strong bullish move ahead.
Target 1: 400
Target 2: 410