The stock is trading inside a broad bear channel and as of now, we could spot a descending triangle pattern formation inside it. Today it faced a good resistance from the downward sloping channel line. Will short this once it rises towards the 575 zone for a target of 530. SL can be placed at 585. If it gaps down or opens below 560, then will take short position...
Above 279 may be a stock of July Series.
At Support/Demand Zone.
Above 279 stock will back in channel.
Other Details Mentioned In Chart.
Positional View.
Please Consult Your Financial Advisor Before Taking Any Decision.
I am not SEBI Registered Financial Advisor.
Other Details Mentioned In Chart.
Positional View.
Please Consult Your Financial Advisor Before Taking Any Decision.
I am not SEBI Registered Financial Advisor.
ethLEND is in between two channels, breakout will cause it to soar high!
Volume is started to creep in coupled with bullish divergences all over the higher time frames. Worth keeping an eye on!
RSI is on the uptrend too on the 4-hour chart. Expect a big move soon!
The 2-hour chart of GBP/CAD indicates that the pair is currently in uptrend.
The pair is currently trading in up channel formation.
It is currently trading around the lower trend line,which can act as a good support for buyers.
On the contrary,if the support breaks, a major sell off can be seen.
At lower end of downward channel
a good falling wedge is seen one can expect a short term bullish breakout with target of about 380 in next quarter or so..
Very high volumes and we see doji. Now trading below Doji.
Expect to see 1350 levels here in near term. Overall trend might still stay positive if buying comes at below 1400 levels...
The stock is trading within a channel of 550-595 since November 2017. will it break that?
Let's find out - Close below 550 with volumes will indicate that.
Entry below 547 with SL of 557, for targets of 538/523/500 and below levels
Positional View.
Other Details Mentioned In Chart.
Risk - Reward Favourable.
Please Consult Your Financial Advisor Before Taking Any Decision.
I am not SEBI Registered Financial Advisor.
Acc is going good with Increases Of Volume For Now I am Going To Long
If anyone Found Any Mistake In my chart then Please mention In the Comment
Thanks
We can draw Beautiful Multiple Pivot Line capturing the price movement since last 6 months. It is showing that strength is returning as there was big gap bar which was not filled and again today it has made a 3LR reversal bar with gap. Double bottom Neckline at 330 can pose some resistance so defensive trader can wait for the breakout of that level byt aggressive...
I've observed that Nifty gave breakout of Head & Shoulder pattern suggesting the trend reversal, however another up sloping parallel channel is in force which can support and try to arrest the down more here. Interestingly it is at the same level of last swing low therefore confluence of these may work and give strength. We can see good tussle tomorrow and let's...
VIP Ind is trading in upper channel on one hr time frame. which repating a cycle of high to low , and low high as shown in chart.
Intra Day trade setup for 19 Jun 2018
view: bullish for intraday
Time Frame : one hr candle stick chart
trend : bullish
pattern : upchannel
indicator: MACD(5,13,9), Stock(5,3), RSI(14)
Buy above one hr bullish candle from...
This down trending stock is showing some strength recently and refused to make further low, thus formed double bottom. It is showing RSI divergence. One can buy the stock as per details given below
Entry 112
SL 107
Target 132
RR 4
Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
