mansoon season generally bring rally to such stocks!!!!
BPCL cmp 409.8 initiating positional short trade in bpcl with target of 395 and lower,stoploss 318 all prices spot Please do careful risk calculation before taking trade All positional trade carry huge overnight risks due to news flow. Not for small traders Derivative trading is a high risk activity ,there is no guarantee of trade being profitable
If Nifty will respect the trendline, then it can be shorted in the PRZ Zone of 10820-880 with SL above previous swing high. The Crab Pattern Target is 9350 which would take lot of time to reach. Near term target is 10060 for Short side. However if price closes above the trendline, then it can further go up as per ABCD pattern for short term target of 11400....
Tatachemical cmp aaprox 723, short @723 with stoploss above 731 spot. Trade trgt will depend on market conditions price movement going forward Plz do proper risk assessment before initiating trade Do Not overtrade Positional trades carry huge overnight risks All prices are spot
Initiating long in gold cmp is approx 1326.4 ---the targets will be above 10334 and higher , plz read the prev post/idea on xau/usd and the points mentioned below the trade setup is based on higher ti,eframe charts and thus is positional trade it carries substantial risk in this trade we are entering early based on certain triggers The earlier mentioned...
Buy Apollo Hospital at 1211 Target price 1230-1245-1255 Stock moved above EMA and Fibionacci Resistance Expecting the uptrend to continue Happy Trading
"Mirc Electronic" looks positive in Daily chart with forming Higher High's and Higher Low's. According to that the prices are having bull run. Now, going to Intraday 1 hour chart we can see that there is a Trend Line support at current market price indicating that prices may recover from current levels. Adding to that we, Secondly, Usage of Fib Retracement of very...
Infibeam can be bought with a small Stop loss just below "C" with a positional target of 225. Buy at CMP or near 160, Stop Loss below 158, target 225
I see a good upside in wipro for near term target of 310 , 316 and short term target of 340 in 3 months ...HOLDDDDDDDDDDDDDDDDDD
Torrent Power looks fabulous, buy for positional trade, as well long term futures can also be traded but with caution, I suggest buy and hold for 20% upside
Soon it will break down or bounce back.
Monitor for a positive breakout
hi, WOCKPHARMA, We got crossover confirmation in buying zone, even though a beautiful triangle and looks soon to be breakout with heavy volume, once it break and sustain and close above or near to 622-625 range, we can buy for short term or long term period for target 650 - 655 range & 700 range.
i) Enter only on Bullish confirmation in the zone, else trade is invalidated, Not blind buy ii) Either Book Partial profits or trial stops after 245's zone iii) Its 4 hrs, so patience is the Game
Hi A Bullish Gartley pattern is developing on Aban -0.47% Offshore Daily Charts . Potential Price reversal zone will be 1.13BC = 211.5 0.786XA= 206 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Note : Daily Trend line shown as red color. Stop loss would be placed below X leg structure support ....
#short-term I love to trade breakouts because of the amazing risk reward ratio they provide. Even if we are wrong half of the time, we will still end up in profit. So, here, Nifty has given a breakout above the 8462 line. So strategy, would be long Nifty ( CMP : 8476 ) . SL - 8462 ( 14 point risk as of now ) Target - 8616 ( 140 points reward as of now )...
Pin bar + Support = Long Good risk reward. Stop loss - Pin bar low + Cushion = 865 Target - Resistance - Cushion = 950