Waiting for Seniors Comment on this chart. Thanks.
Nifty is giving a Short Setup at current levels. After giving a 5 way decline nifty moved up in three waves above 61.8% fib in a corrective pattern which indicated that Nifty will go down further. One can Short the Nifty at current levels with Stoploss just above recent high around 8971 with targets of around 8620. Its a Nice Risk Rewards trade.. Happy Trading!!
Cup and Handle then this Flag Breakout, Now on the verge of Multi-bagger. Senior Please check the chart and give me your suggestion can we say this is a C&H and Flag Pattern? Waiting for Suggestions from Tech Experts.
Seniors Tech Analyst, Please let me know can we call it a Channel Breakout? Even the latest candle has just crossed 200 Day Moving Average. Waiting for the suggestions from Seniors. Thanks.
Expecting 95-100 Next Target. Would like to get the comments from Seniours Tech Analyst. Can we say it is a Traingle Breakout? Do you think the draw is fine? Please suggest me and Educate me :) Thanks.
Waves are fractal. That means the trade can only be taken by judging the waves in live market.
I really don't know what to write in description, everything is in chart itself. I'm really bored with Fx markets, thats why posting equities :) (i) Enter after valid confirmation only (ii) Use tight stops, if we are wrong on direction, Tight stops help you to cut down loss (iii) Check your risk & trade plan once before entering the trade If any specific doubt...
7700 - 8850 is the range in which we are locked.. we can play with strict sl in this RANGE(see earlier 2 posts) ..bcoz if that is broken we may touch T1/T2
How can we set the target if Flag Patter is building? More Details on Flag would be appreciated from the Experts and Seniors. Thanks.
The above posted chart is a preview or quick snap shot of markets movements for past couple of days for retail traders to get some alignment with market and make inform decision by taking following factors in consideration 1. Showed GAP UP 2. Bearish Trending Channel GAP Down 3. Consolidation between 8745 -8690 Now, looking forward for a breakout from either...
It is been observed that the price action covering up the previous gap down and now looking weak at previous support which is now acting as resistance. It is good to short it now with stoploss at 8900
On monthly chart, the price action formed a cup and hanlde formation, indicating bullish trend to proceed in coming months. Now, the price action is ranging in descending triangle and the breakout from there shall decide the further movement in prices.
Ashok leyand trading near PRZ is good for longs with SL 77.6 and tgt 92-99-120 CMP 81.2
On 15 mins Chart, the price action forms a consolidated triangle where the price action is breaking through. The pattern formation is created on a lower and short time frame and may last for a while. But for now it signals upside move on 15 mins chart.
The price action on weekly chart indicates a consolidation between 26-36 price levels (10 points range) where currently the stock is trading at the lower side of range. This week closing shall decide further direction in price movement. Keep it in your watch list to gain best out of it on time. I would also appreciate any feedback on it to bring clarity to our...
As shown in the chart, the pitchfork pattern indicating that the price action is trending downward.