GBPUSD AnalysisHTF Trend - Bearish
Idea - Price is moving in a range and the bounces should be sold off when the Risk Reward Is Favorable (Positional Trade)
Positionaltrade
EICHERMOTORSAs we can see Eichermotors is near yearly supply, so we can take small risk and short for decent rewards. Short near 2950-3000, sl of 3000. Target could be 2800-2600, if everything goes good.
Trade using Pitchfork and PitchFanPitchFORK + PitchFAn is very acuurate When it comes to find the point of reversal.
In this chart one can easily find the point of reversal just by looking at important levels of pitchfork.
If pitch fork is drawn accurately it will definitely help you in your intraday/positional trading.
Draw pitchfor at daily time frame and then use it in your trading either on hourly/30min/15min/5min it will give you amazing results.
good luck guys....
MAITHAN long positionalTook POSITIONAL long trade in maithan alloys
Entry 1270
Tgt 1560
SL 1125
Know your risk. Respect SL and Exit immediately is SL hits as long weekend and if broader market weakens due to bad news then loss will be more.
Good luck
#vr
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalHESTER BIOSCIENCES
Strong financials, stock taking good moving in a range.
Seeing recent Volume, it may break its strong resistance and trend-line, which it tested many times.
Script is making lower highs and lower lows, trading in symmetrical triangle pattern, in a range in daily time frame.
Buy positionally above 2530 trendline breakout.
First target will be 2630 which is also 50% fibo level.
Resistance zone is from 2600-2660 levels, so good level to enter full is 2670 level on candle closing basis.
for swing stoploss below 2400 after breakout
positional stoploss below 2250
Note: This is not any buying call, shared for education purpose only.
#investing #StockMarket #StockIdeas #StocktoWatch #Stocktobuy Royal Orchid Hotel
After correcting, stock moving up slowly, Rounding bottom pattern can be seen.
Price at major Resistance level may break seeing Volumes.
Entry can be above 110 levels on a closing basis.
Also, 111 is a major Fib level, if it breaks can go up to 135 levels ie fib 50%.
Target can be 10-20% on a trailing basis, upuo 120-130 levels.
SL will be 95 on a closing basis.
Unlocking theme still plays, so hope for this script.
Above levels are for Education purposes only, please do your own analysis before any trade.
LICHSGFIN Positional ViewLICHSGFIN Positional View #Positional #Swing
Stop loss- below 378 closing basis
Target 1 - 460
Target 2 - 535
All levels marked in chart..
SUMICHEM BREAKOUT(07-FEB-2022)SUMICHEM BREAKOUT is taking major support at the same level for several times in daily candle and ready for breakout upside with confirmation form 200EMA and RSI.
CMP - 414 (07-FEB-2022)
BAJAJAUTO FEB FUT(3-Feb-2022)BAJAJAUTO FEB FUT(3-Feb-2022)
BUY - 3610
Target - 3650, 3700, 3750
SL - 3572
DABUR SWING TRADE(2/Feb/2022)Swing Trade(2/Feb/2022)
Dabur - Ready for an bullish move.
Price Action Analysis - Dabur is taking major support at the same level for several times in daily candle and ready for breakout upside with confirmation form 200EMA and RSI.
DABUR(2-Feb-22)
BUY - 552
Target - 558, 569, 578
SL - 544
The Finwiser 📈📊
HDFC Bank - Looking good for a swing tradeKey highlights:
1. Bounced off 2 day demand zone
2. Closed just above 200 MA
3. Sitting at 0.5 Fibonacci level
4. Potential formation of Inverse Head and Shoulders pattern
5. Psychological level of 1500
Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
Rajat Kumar Singh (@johntradingwick)
NSE Certified Technical & Fundamental Analyst
SUTLEJ TEXTILE LONG; POSITIONALSUTLEJ TEXTILES has given a STRONG CLOSE at 88.15.
Can move to 95.8 (WEEKLY RESISTANCE LINE) once CROSSES recent 52 WEEK HIGH of 92.5
CDSL - falling wedge breakoutCDSL has given a falling wedge breakout.
Positional entry can be taken on break of previous day high.
Fundamentally strong company, once can accumulate at current levels.
This is only for educational purposes. Trade at your own risk.
PI IndustriesBuying opportunity is available in this stock. As the target is based on monthly timeframe(TF) pattern, one has to be patient enough to take this trade.
NOCIL - Positional Trade-- Hammer candle formed at Support
-- Good R:R - 1:2.33
Entry : 240-245
Target: 315
SL : 215 (WCB)
BHEL Positional LongBHEL is beautifully bouncing on the Trend Line giving a good entry for a Swing Long.
Enter for a positional Trade
CMP: 60.5
T1: 68
T2: 71
SL: 55
GREAVESCOT trend line analysis , GREAVESCOTTON i have made a analysis by using few technical indicators and trend lines . My observations is as bellow.
1) Based on the trend line analysis- stock is in consolidation stage. now it has given the breakout
2) stock recently touched the support line ,and gave break out in the triangle pattern
3) It is working in a very good support and resistance levels.
Conclusion :
1) can enter now at CURRENT LEVELS
2) Targets are mentioned in the chart.
Disclaimer Note: MY views are only for the study purpose, paper trading purpose, stock analyzing purpose, better your skill purpose.
Trade at your own risk.
NIFTY 50 POSITIONAL SETUPnifty 50 following both trendlines perfectly and can give us a good target either sides if it breaks upside trendline or 18000 level and close above 18000 in one hour timeframe then we can create a long position in NIFTY50 . If it breaks downside trendline or 17850 level and closes below 17850 on one hour time then it can give us a target of 300 points in downside . 200EMA will also react as both support or resistance both sides.
Simple Positional Long Trade Setup | NALCO | SHORT-MID TERMNSE:NATIONALUM
I am posting as one of the follower requested for it.
This is positional trade setup only.
Observations:
1) On Daily time frame, we can see that it faced resistance from 21DMA but closed above 10DMA. It is now in between 21DMA and 10DMA.
21DMA is immediate resistance and 10DMA is immediate support.
We can see that the critical level is 100.
Please refer below chart : 1 day Time Frame.
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Simple Positional Trade Setup.
Please refer below chart : 1 hr Time Frame.
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On 1 hr time frame,
If it sustain above 104 level then one can take buy trade. SL will be 98 with targets of 112.50 and 116 level.
One can also take positional buy trade from CMP with SL of 98 with targets of 108,112.50 and 116 level.
If it sustain take support from 100 or 96 level then one can take positional buy trade with targets of 108,112.50 and 116 level. For mid term positional trade keep SL at 94 level.
Below 94 level it will be bearish. Rest all details are mentioned on the chart.
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Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with SL as per your risk capacity. This is just my personal view. It is not a trade recommendation. Better to consult with financial advisor before making any investment.
TCS Looking Bullish on Positional BasisLook into the Chart for more confirmation of Support, Resistance, Entry, Target, and for SL information.
Simple Positional Long/Buy Trade Setup | BAJAJ ELECTRIC | NSE:BAJAJELEC
This is only for positional trade. Short - mid term.
1) On daily time frame, we can see it sustain and took support from 200DMA.
Also closed above major support zone of 1075-1100 level range.
Please refer below chart : 1day Time Frame.
Keep your positional Trade with strict SL.
Positional Swing Trade 27 Aug 2021C&H BO Done on 06 Aug 2021 with a GAP.
Volumes dried selling pressure over since 16 Aug 2021.
Expecting Bounce from current levels
Or Further consolidation if need be should be above 800 Levels.
