I wish this patter is wrong and stock will not break the neckline because this is the stock I have invested for long term But lets see how it will behave at the support
Setup given on chart Trade cautiously This is an educational post Grateful!🙏
IndusInd bank now bearish till 430-440 range , below that may be a good fall. Close above 490-500 can be a long breakout towards 550. Trade can be taken accordingly for May 550CE or MAY450PE
Wait for market to play out and then accordingly use these levels Do not take trades on my analysis alone. Compare with your analysis and then take trades This is for educational purposes Grateful!🙏
I am really overwhelmed with the response for HDFC BANK! This analysis is on a viewer's demand. HDFC Asset management Services is seen to follow a steep channel and is continously Higher Highs and Higher Lows which shows a depth that it was trying to keep itself up (short term) in the mean time. With due today's market sell off, HDFC AMC has witness a significant...
Hi, This Chart is updated with wrongly plotted before. It noticed by So, I updated the same with AB = 0.61 CD = 1.28
======= IN DAILY CHART NIFTY WILL RISE TO 9600 AROUND FOR THE COMPLETION OF ABCD PATTERN===== =======YESTERDAY PRICE REJECTION AT STRONG RESISTANCE LEVEL / FIB RETRACEMENT LEVEL OF 78.2% IN HOUR CHART==== ==== LEVEL MARKED===== ====INVESTMENT CAN GO LONG , INTRADAY TRADERS WAIT FOR LEVEL BREAK EITHER SIDE=====
Asian paints giving another short opportunity, CP- 1596 TGT- 1430 SL- 1666 lets see whats happening.
Hi Friends, As per chart pattern, Buy possible above 31000 with SL 30780 and Target 31085, 31150, 31220, 31295, 31345 & Sell below 30775 (If sustain few minutes) Target: 30725, 30650, 30550 with SL 31000 Posting for Educational purpose only
happy new year ! to all those amazing souls reading it !
SUN TV, today test the demand zone and again bounce back from there, with a bullish hammer candle, it can go up to 500 level again( PREVIOUS SUPPLY ZONE), lets see whats big players are planning to do. ( NOTE- i dont use any indicator in my analysis, just pure price action.)
Tata steel could be a great buy if stock breaks 408 level, with target of 435, (previous lower trend line could act like resistance, profit booking can be seen) lets see what happen on monday.
As discussed on last post BNF was showing signs of strength and we opted for long options for swing trading, we have hit out tgts and now closed out longs. From here on we may see some retracments, we are opting to stay neutral until positional trend change presents itself to us, if that doesn't happen we will enter longs again.
As discussed last time, BNF is showing strong intent, although today was rather dull but expect it to ride this series off with some gains. We are still intending to short on next series but there not yet signals for that, so we are riding off the rally.
BNF and NIfty both are showing signs of strength, we expect it to touch 31500 and expiry around that, in nifty we expect expiry around 12050-100
We had losses on our intra day shorts but as soon as range was broken on upside we were able to long both index, there is still more up move we are expecting so we are planning to continue looking for bullish moves to capitalize till we get back into dried out volatility situation. Like discussed there was some stimulating news from government for banks "Govt...
IF YOU KNOW HOW YOU HEDGE THIS POSITION PLS JOINT OUR TELEGRAM GROUP.... ITS FORM POSITIVE DIVERGENCE AND BREAK LONG TERM RESISTANCE TREND LINE PRICE & RSI. CLOSED ABOVE 50 DMA WITH VOLUME,