Sail has formed a trendline and its near demand zone. If this zone holds the price and trendline is broken then sail can see an upside towards 33-55 levels. wait for a breakout with high volumes. Please Note - All the green lines mean the support zone/demand zone and all the red lines mean the resistance zone/supply zone.
This analysis is only for educational purposes, Invest at your own risk! Using the monthly chart we can locate the lowest support price i.e. between 26-36 INR. The price may soon rebound an open an amazing long positional position. The trade can prove to be good for positional traders who are agreeing to lock in at this price and wait for the price...
Hello Trader, Here is the full analysis of MOTHERSUMI: 1) On the Daily chart we can see it as formed butterfly pattern and is inside raising wedge ( Bearish pattern ). 2) Price is testing a strong resistance zone and can test this zone for up move and if it fails then on the basis of butterfly and strong resistance one can look for short. How can you support...
Hello Trader, Here is the full analysis of mindtree: 1) On 1hr chart we can see it as formed gartley pattern and possible reversal expected. 2) Price is moving toward strong resistance zone and can test this zone for up move and if it fails then on basis of gartley and strong resistance one can look for short. How can you support me: 1) Like my idea. 2) Follow...
Hello Trader, Here is the full analysis of : 1) On 1hr chart we can see it as formed Crab pattern and possible reversal expected. 2) Price is near strong resistance zone and can test this zone for up move and if it fails then on basis of Crab and strong resistance one can look for short. How can you support me: 1) Like my idea. 2) Follow me for more...
Asian paints has completed 5 waves. now moving towards A. Expecting a further fall till it recent lows with next week before rebounding to C.
BPCL Sell below 357.50 Sl 366 Target 346 340
Above 315 - can expect upside upto 330 Below 305 can expect downside upto 290
Raymond currently formed bearish marubozu pattern and below 262 level , we can expect good downside ... upto 245 levels.
On a daily charts, on Friday, Bharat Forge gave closing above its support of 274. So one can go long in Bharat Forge for a target of 335 and above with a stop loss of 265
Long Term Since Inception Support Resistance marked
The price went down to important support area and couldn't break it. Bounced immediately. It will go high for another 1500 points .
Shorting opportunity PFC 1H time frame. Reason. 1. RSI divergence 2. Price made higher high and touched upper resistance line. Target 1st 122.80 and second 121.35.
Had a corrective 5 wave fall on higher time frame, now doesnt look like its falling any more, Unless there is some unaccounted news (which obviously is always a risk in the markets) It will continue to rise. Yesterday there was volume buying, today its showing a 61.8% retracement and holding it so far. I cannot guarantee about the Time-To-Targets, but I strongly...
NOTE: IF YOU ARE PLANNING TO TRADE , I WILL WORK FOR DAILY TIME-FRAM E AND 30-MINUTES TIME-FRAWE FOR GETTING ACCURATE NUMBER TO TRADE. Kindly, say in comment section. 1) The primary trend is up . 2) The remarkable point is price rotation which is a sign for you to trade in which direction. 3) Volume gives hit of your direct right or wrong 4) ...
Ashok leyland in a asscending triangle Also 50-200 ma cross over Targets 90 and then 100
Price is back to Support Zone. The move towards this Support was quite Slow. Expecting upmove to resume from here. SL 1000 DCB