Pattern)
Moving in a patternMoving in a pattern from a long time.
Might respect it again and give long opportunity or might breakdown and create short opportunities.
Worth keeping a watch!
ONGC BEARISH NEAR THE END OF BEGINNING Hello Traders:
Gap May filled This Time mark as rectangle
after 4 times retesting seems support is weak
today one candle seen brokrn the support convincingly ,
Monday if continue level mark with support
stay tuned
mcpriceaction
Sunpharma Bullish Target 540Double Bottom Breakout above 526
Bullish Bias
The Stock fell suddenly from 560 levels
Opportunity to grab it at CMP
Target 1 - 526
Target 2 - 542
Safe players can take entry at 526
Stop loss 505 for Target 1 and Trail SL for Target 2
glenmark pharmaglenmark pharma:- cmp 489₹ & breakout above 495₹
rounding bottom pattern made i think.. lets see view negative below 440₹ clbs
BEL, The Bearish Bat Pattern with Reversal 111 nearby.The Bearish Bat Pattern:
A B point that is less than a 0.618 retracement , preferably a 0.50 or 0.382 of the XA leg . In addition, these structures are excellent trading opportunities when they form at distinct levels of resistance.
Resistance 109-112 For targets 97 & support.
BATAINDIA - Long PositionAs the stock is consolidating in the Parallel Channel, if it breaks the short-term trendline it can again hit it higher line of the Parallel Channel!
Equitas holdingEquitas holding:--
Symmetrical Patterns breakout successfully done
buy around 55-56 and target upto 80rs with sl of 41-40 on clbs
L&T Fin. Holdings H & S Pattern !!TREND ANALYSIS & TRADE SETUP
HEAD AND SHOULDER PATTERN !!
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for entry setup, if available then Long/short.
Reward is 7-8 Times
Short M&M Shorting @ 442.30 w/ SL @ 450 (if it closes above)
Targets in the chart.
Short June Futures @ 439.3 no hedge.
GLHF!
Cup and Handle in HCL TechA cup and handle pattern in HCT Tech daily. Stop below 500. Good for 150 rupee up move.
SBIN - High level picture of what happened in the pastIt will not be strange if SBIN can reach the strong support as mentioned if stimulus package is not announced by the government.
We can see that it has reached around Rs.145 range multiple times in the past (Aug 2013,Sep 2013,Feb 2014,Feb 2016).
The past is going to be repeated if a strong stimulus package is not going to be announced by the government.
Let's see if SBIN is going to reach the strong support !
NESTLE INDIA 10 DAYS +6.78% PROFIT: TIME TO TIGHTEN STOPSFollow up trade as published on 04 May 20. Time to tighten stops
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind
Dhiraj Singh Bais
Warrior @ Battle field
