Zeel is giving a Buying Opportunity above 445 when it breaks the down trendline completing the current leg of correction. I would trade it long with a stoploss around 424 and Targets around 500/510 levels. This could be a corrective price action or a new impulsive wave.. Evidence will be seen as to which form of wave is forming based on the price action and how...
Karnataka Bank resumed uptrend in the last few days. Expecting price to break the recent highs of 130. Yesterday price moved above the faster moving average. Entry was made near the support from 5 min chart.
The stock is showing good frequencies around Pitchfork and suggesting a possible long entry at this level. RSI above 50 is also confirming the decision. Moderate Target of 1080 in 3-4 sessions by providing Stop Loss of 1021(Closing Basis). It seems worth risking.
Although the stock is in down trend and even in the bull market it is making lower low but a short term long trade is possible on the basis of today's Bar which offers good risk to reward ratio. One can buy the stock for a target of 400-410 providing the stop loss of low of today on closing basis.
It has been observed that KiwiDollar is coming near Channel Support close to a good support zone (Marked in Green) along with RSI coming onto the support line. A long can be initiated at Channel Support.
Entry : 0.7240 to 0.7249
Target : Next resistance zone at 0.7295. The 2nd target can be aimed at Channel resistance while trailing stops.
Stop : Below Green...
IDEA has been correcting since a long time and looks like the correction is Potentially Over.. I am taking an Early Action on it with a small stoploss around 63 levels and Targets around 120. There is Bullish MACD Divergence on the chart and the last candle is bullish one to give some support for the prediction.
Happy Trading!!
ABIRLANUVO perfect balance sheet company. The company will be in the correction mode now. One can buy it at the level of 1331 with the target of 1450 in coming days.
Even RSI is showing overbought as of now.
Nifty is showing the same pattern which it shown earlier. The nifty will fall till the level of 8415 in future and again raise with the target of 8799 in few weeks
There is a potential completion of a bullish Gartley pattern on the NZDUSD 15 minute chart.
One can go long at the completion of the CD leg at 0.72165
Target 1: 0.72377
Target 2: 0.72570
Stop Loss: 0.72025
First Idea here, so please trade at your own risk and do advice and suggest anything I can improve on :)
A long can be taken in EURUSD as the price has taken support at the short term trend line along with a buy indication at the stochastics.
Target 1: 1.07476
Target 2: 1.07738
Stop Loss: 1.07112
