USDMXN - Ready to Blast Again ? Last week, I took long position in UDMXN at 16.66000 & Closed at 16.92500
Closed that position in more that $5000 profit in just 2-3 days.
My long setup is formed again in USDMXN
Taking long positions here at CMP 16.67000
My SL would be 16.62000
Target I'm expecting is 17.00000
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Longtradesetup
EURPLN - TRADE ON LONG SIDESymbol - EURPLN
EURPLN is currently trading at 4.25400
I'm seeing a trading opportunity on buy side.
Buying EURPLN pair at CMP 4.25400
I will be adding more if 4.23000 comes & will hold with SL of 4.22000
Targets I'm expecting are 4.28500 - 4.30500 & beyond.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
EURPLN - Long Opportunity in Forex!Currency Pair - EURPLN
I am seeing a good trading opportunity in EURPLN.
Taking long positions here at CMP 4.28325
My SL would be 4.27300
Target I'm expecting is 4.34500 - 4.35000
That's 1:6 RR trade.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
Long Trade in ITCITC is currently trading at support zone of 400-410 levels & It is consolidating here since 5-7 days.
I am seeing a trading opportunity here.
I am taking long position in ITC march futures at CMP 407.
I will add more position if 402-404 comes.
My stoploss would be 397.
Target would be 425.
Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purpose. Thanks!
TATA POWER CO LTD.Good Buy in TATA POWER
Best buy : In the range of 205-210.
For the Targets of : 215/230/250/280 +++++
Stop Loss : 195
Reason to Buy :
1: Good Support form the Demand Zone of 200-205
2: Break out of Falling wedge pattern.
3: Good Risk to Reward Ratio.
Thanks
Note:
This idea is only for the Educational purpose. Tarde at your own Risk.
If you like the idea plz do like & support.
BITCOIN ANALYSIS : UPTREND DONE OR REVERSAL ? DISCLAMIER : THIS IS FOR EDUCATIONAL PURPOSE ONLY, NOT A FINANCIAL INVESTMENT ADVICE, TRADE AT YOUR OWN RISK.
Bitcoin is going strong continuing an uptrend and has hit the weekly zone now with 1D chart's RSI being overbought but it doesn't necessarily means that a true reversal is coming. If we look at this chart then we can see that there has been a BOS and if price makes a corrective pullback with low volumes filling the FVG then you can take you can go long in Bitcoin.
Apollo Hospital 1 Hour Time Frame - 28th DECApollo hospital has been bullish in past 3 days after it formed a positive reversal in the Daily-Time-Frame and took support at 5275 close to the 50 SMA.
Today im observing a positive reversal once again in the 1Hr Time Frame.
My Entry in Apollo Hospital would be at 5688, with a stop loss at 5653 and a target at 5759.
Happy Trading!!
Long Setup in CDSL An Inverted Head & Shoulder Chart Pattern Breakout happened on the weekly Time frame of NSE:CDSL
Price Action is well supported by the volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list.
Initiate the long trade only according to the levels mentioned on the charts.
Stop loss will be on a weekly closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish Inverted Head & Shoulder Chart Pattern
Technical Indicator :- Positive MACD Crossover
PROBABLE WEEKLY INVERTED HEAD AND SHOULDER BREAKOUT POSSIBLEA probable Inverted Head & Shoulder Chart Pattern Breakout will happen on the weekly Time frame of NSE:WOCKPHARMA
Price Action nees to be supported by volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list.
Initiate the long trade only after successful breakout confirmation.
Stop loss will be on a weekly closing basis.
Trend Analysis :- UP Trend
Chart Pattern :- Bullish Inverted Head & Shoulder Chart Pattern
Technical Indicator :- Positive MACD Crossover
Cup & Handle Breakout about to happenA bullish Cup and Handle Breakout about to happen in GreenPanel Industries NSE:GREENPANEL
One can create a long position in Greenpanel once it get the closing of 353 or above with a stop loss of Ruppes 320 for the 1st target of Ruppes 380 and then for the 2nd target of Rupees 420.
This is for educational purpose only.
Weightage
HDFC BANK - A long tradeHDFC BANK has been consolidating for a long while near its resistance areas. This is showing that the sellers are losing their grip on the supply zone and buyers are willing to push the stock ahead and change the market structure.
The breakout has not yet happened but the signs look positive hence keep it on your radar.
Disclaimer - Please take positions as per your risk appetite and also do not put all your capital in one trade. I am not responsible for any loss or profit that comes along with the trade. Please do your due diligence as well. Just sharing my thoughts and setups as per my 4 years of experience.
Will be updating when the trade triggers and giving the Stop loss and Target areas.
Escorts Kubota Limited :LONG TERM TRADEEscorts Kubota Limited, formerly Escorts Limited, is an India-based engineering company. The Company offers solutions for agriculture, infrastructure and railways. The stock is in retracement stage on daily and weekly time frame forming a PENNANT PATTERN. The Pattern has been broken out a shown in the chart. The Fundamentals of Company are strong with a Market Cap of Rs 27,177 Cr and YOY stock yield of 13.77 % .
Analysis on Weekly Chart :
The technical indicators at current level are as under :
CMP : 2107.05
MA20 : 2101.70
MA50 : 2083.82
MA200 : 2081.12
RSI : 57.47 crossing over
MACD (12,26) : 6.97
ADX (14) : 28.98 ( Directional Strength - In range )
ATR (14) : 17.07 ( less Volatile )
The Targets are as detailed in the chart , and is a strong buy.
Target 1 and 2 achieved in Psp Project | 10% Mover This idea is a follow-up to Pspprojects
You can check the Link to Related Ideas
Disclaimer: The information provided is for educational purposes only. Our intention is not to provide any financial advice, don't take any decision without consulting your financial advisor.
Long position Opportunity in CDSL after big correction.A good opportunity to enter in CDSL after a big correction in market. In chart we can see previously, the trendline acted as a resistance and now the same trendline is acting as a support line/zone and bullish slash candlestick pattern formation can also be seen on the trendline. After a correction a good upside move can be seen in recent/today's (30th August) candle. The Risk Reward reward looks very much favorable in this trade soo... Would suggest to go long for the target of 1287, 1360, 1424 and the final ultimate target of level 1580, Can expect this ultimate target in coming 8-12 weeks. Go long With the strict stop-loss of 1170 level (only on candle closing below basis).
THIS VIEW OF MINE IS PURELY BASED ON TECHNICAL CHART, BEWARE OF NEWS AND OTHER FACTORS WHICH CAN AFFECT THE MARKET SENTIMENT.