It could breakopen the down trend anytime soon. Having support at daily rsi 40 too.
Low Risk Play. I've been keeping an eye here and today's candle suggests that it refuses to fall below that very strong support. The targets can be even more.
Hello Traders, Reliance is expected to breach its earlier resistance levels, but we can swing trade it for a profit target of 101 against the stop loss of Rs 24. This is a good entry point, but because there was a high jump on the last trading day, you can buy that gradually watching for small pullbacks if any. All the best for your entries ;)
Riding the Parallel Channel , it is close to the bottom of the channel where a reversal is expected. Support of 50 MA just under it. Expected : MACD crossover and RSI breakout and Price breakout. Apart from this Crude oil chart is expected to give a massive breakout.
SILVERMIC | Flag and wedge breakout occuring - 4000+ points CMP : 67490 SL : 66400 Target : 71600 Almost 1:5 risk reward setup Please try only in SILVERMICRO.
Technically it is a Triple Breakout at the same point. Breakout from : - Rising Wedge - Inverted Head and Shoulder - 200 EMA
SUMICHEM | Low risk bet - Looks good for 20% (Aggressive entry) CMP : 282 SL : 270 Target : 340 About 1:3 risk reward setup
ONLY Above 796 Target 1 = 832 4.5% Target 2 = 873 9.6% SL = 775 2.5% In the absence of breakout wait for entry near the base of rectangle *DISCLAIMER* For educational purposes only. Not a recommendation. Treat StopLoss as your best friend to get you out of troubles.
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ONGC on a major support and crude fell down yesterday
Safe entry with LOW risk to Reward. DO study the chart and do not trade based on this post. DCBBANK Has formed a bullish wolfe pattern.
United spirit is at Higher TF Demand Area and has showing some buying on Daily TF .. a Setup is Buy Around 1875 (CMP ) or Lower With SL 1809 For the Probable TGTs of 2176 ,2301 A very High Reward of More than 3:1 is there in this Possible Trade Setup.