Apollo Tyres Trend Analysis & Trade Setup !!TREND ANALYSIS
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then Long/short.
R:R is 6 to 10 times.
MIDCAP
Asian Paint - Option Trade - Trade of the month till dateHare Krishna!
Sharing for educational purpose to learners.
As per my idea of selling Asian Paint in the below linked ideas.
Took the position on 12 Sep.
Example of Professional Trading involving patience and precision.
Losses will come but profits will outshine them in the long run.
Good Luck
RELIANCE 15 MINS chart with WIDE AND NARROW CPR...In this Reliance 15mins chart we can find wide and narrow CPR both back to back... Please follow the CPR method for Intraday trades. Stop Loss will be affordable and sizable with a bigger reward. Please back test wide and narrow CPR in your favourite charts and write back to me on this topic . NEXT is Virgin CPR which is the most important topic!!! Keep learning and earning!!!
Please click on the ANCHOR note in red and yellow box respectively to read the explanation.
NIFTY MIDCAP 100 - Whats in store?MIDCAP 100 index has been in a trading range from the past one month.
This is very unusual for this index as it normally tends to be very volatile.
Midcaps have been weak all through this 900 point nifty rally so a correction in Nifty may trigger a deep correction in Midcap stocks.
Watchout for a breakout on either side....
MINDTREE: Buy @ 1086 SL 1046 TGT 1170MINDTREE is a BUY on NSE around 1086 with SL of 1046 and Target of 1170. If it comes down tomorrow and takes support around 1090 then get in the stock.
Dalmia Bharath inside this falling channelStock has been following this channel expect this trend to continue over next month until it strongly closes above the channel.
IDFC Trade Coming up!IDFC could break out from its longer term resistance, leading to a strong rally. Or break down below its short term support trend, which would be a good time to initiate shorts. Will observe closely and take position accordingly.
MINDTREE: BUY @ 812.75 SL 805 TGT 832Mindtree NSE:MINDTREE has gained 10% on NSE with volumes move than 4 times its average, which has also crossed its monthly resistance and weekly resistance on Friday(23/02/29018).
Likely to see further upside from here. Hence a Buy on MINDTREE around 812.75 with SL of 805 and Target of 832.
Flag Breakout for NIIttech.After making all time high of 696 niittech corected to 605 & then gave a breakout from the flag pattern .Size of the pole is 235 so the tgt will be 875.Keep the low of the flag as stoploss i.e. 605. Will Niittech reach the tgt or hit the stoploss.Let's see.............
"Mirc electronic" Ready to run after Profit booking"Mirc Electronic" looks positive in Daily chart with forming Higher High's and Higher Low's. According to that the prices are having bull run. Now, going to Intraday 1 hour chart we can see that there is a Trend Line support at current market price indicating that prices may recover from current levels. Adding to that we, Secondly, Usage of Fib Retracement of very recent move in Hourly chart suggest that prices have corrected from its peak and taken trading at it's key support level of 61.8% of Retracement which is most trusty indicator for reversal movement.
RSI, which is used to to identify the strength of market and divergence can be seen in latest candles says that prices are strengthening around those levels.
A long can b initiated around CMP with putting STOP LOSS of previous low according to Daily chart around 47 with a TARGET of 74.
Theory mentioned above is purely according to my Knowledge and may vary. This is not a recommendation and taken position according would be your personal call only.
IFB Industries : A Good Move AheadIt's a Good Long weekend, Days like these are the most welcome ones & I also have sometime to pick n choose Mid-cap stocks which are far away from the line we play by. Cutting straight to the subject IFB Industries looks quite promising based on post above, A Good 2-Year Old resistance zone is broken very convincingly with great volume surge compared to previous weeks.
Even before the New high's in 2015 it consolidated for 84 days, Now after 2 years in 2017 , same thing repeats with 105 day consolidation and good breakout at the end of it. What else we can expect in a juicy trade setup ? I believe there is good potential for upside in this stock with 875's as first zone for target & final ones being 970's.
Final Note : I didn't check much of its fundamental, but compared to peers its good, So have a look at it's fundamental & try your own analysis too :)
Let Me know if you have some info on funda's or skewed news items or numbers.
Happy Extended Weekend !
Cup & Handle breakoutIt is been observed that ANDHRA BANK, has given a cup and Handle breakout near 57.5. bullish in nature. watch near 56 to 58 for target 63/72 stop loss below 54.
Symmetric Triangle on SUN TV - NEUTRALSymmetric Triangle on SUN TV and it may break either side but indicators like RSI, MACD & Stochastic are showing bullish sign. Let see, where its going to break ?
Levels for Long:
Level 1 - 505
Level 2 - 516
Level 3 - 526
Level 4 - 536
Levels for Short:
Level 1 - 473
Level 2 - 465
Level 3 - 456
Level 4 - 446
"Happy Trading"
Morning Star formation on Century Tex - LONGMorning Star candlestick formation on Weekly chart of Century Tex, which is giving bullish trend for short term.
It's a short term recommendation.
Trade:
Buy Above = 813
Target 1 = 906
Target 2 = 978
Stop Loss = 747
Reward Points = 165
Risk Points = 66
" Happy Trading "
Ascending Triangle on Century Tex - LongAscending Triangle formation on 1hr chart .
Buy above 775
Target 1 - 787
Target 2 - 796
Points gain - 21
Don't trade until the trade active..