KEI Industries LimitedKEI:- If the stock sustains the upside, then we may see an upside movement.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Movement
BTC UPDATE - 15-12-2022BTC is been showing the respect from the resistance zone.
As it has cross the trendline of bearish now going up side with Higher Higher and Bulls might be back if is does not retrace from the resistance mark if it break down with the restest we can see the selling days else if it Goes up and crossed the zone it will go up.
There might be more chances to sell side because of the fugazi of recession and a bit impact of FED People who has enough money will run the BTC because GOVT does not varify the moves .
SO BE PATIENT BE SMART AND TAKE MOVE AS PER THE BEST UNDERSTANDING.
ESCORT REDAY FOR 1300ESCORT LIMITED CURRUNTLY TRADING AT 1220 IN CASH MARKET TODAY. THE STOCK HAS MINOR RESISTANCE AT 1230 AFTER BREAK 1230 ON CLOSING BASIS OR SUSTAIN ABOVE 1230 IN INTRA DAY THE STOCK IS READY FOR 1300
ENTRY POINT 1230 ABOVE BREAK OUT
TAKE SL 1200
TARGET 1260-1280-1300
TIME DURATION 7 TRADING SESSION AFTER BREAK OUT 1230
LOOKS GOOD TO LONG AFTER TODAY'S BREAKOUT !We've waited too long for this and today it finally happened, it gave a breakout over the levels of 170, stock has a lot of potential for some serious gains. One more thing to notice, almost every time volumes have been very low when the stock has fallen and very high when the stock goes up which indicates the stock has been well accumulated in the lower ranges. Bullish move is intact in the stock and a buy is recommended.
ANOTHER INVERSE HEAD AND SHOULDER, POSSIBLE BREAKOUT OVER CMP!!!Stock is all set to give a big move after a lot of consolidation on the lower levels, stock can give a breakout once it breaches the CMP. A long position can be taken in the stock with the mentioned stop-loss for the respective targets.
ANOTHER INVERSE HEAD AND SHOULDER, BIG BREAKOUT WEEKLY CHARTS!!!Stock hit the upper circuit today which was above the previous high which confirms it's breakout. Position can be made for some good amount of money with the stop-loss and targets mentioned on charts.
VEDL is following a wave cycle:It has made a head and shoulder in the past.
Now what is really important is the next move, support zone is coming near 143 form this level the the traders may be more active to go for long as it 3rd way will start from this level and it can move up-to 284. The volume is rising.
Stock Attraction of traders:The stock momentum is slanting up-direction.
It break the direction with heavy volume.
At present stock is gaining the buyers volume.
Buyers are attracting in the present scenario.
But there is a strong resistance near the price.
In the conclusion I will say that because of the heavy volume Stock can break the resistance and go up.
But traders can not Deny also the Strong Resistance . So wait and watch.
joyful trade- head and shoulders pattern on RELIANCE:It is not yet conformed that the stock will move up or go down, wait till it give any confirmation.
A head and shoulders pattern is a chart formation with baseline with three peaks, the outside two are close in height and the middle is highest.
In technical analysis, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal.
The head and shoulders patterns are statistically the most accurate of the price action patterns, reaching their projected target almost 85% of the time.