The HOURLY chart picture is pretty self explanatory.
As you can see RAILTEL took first resistance near 133,
then it broke the Resistance, after that the resistance became support.
First it took support near 13 then made a Higher HIGH, then again it is came to the support of 133.
The sloping up 200 EMA is at 130 (Will probably provide additional support).
RSI...
This stock has formed Falling Wedge pattern with good intensity of volume . One can go Long when 346.80 level is broken and start accumulating quantities in systematic way. After it breaks the channel and retest the channel, invest your entire capital per stock that you have allotted as per your total capital.
Entry / Targets / Stop Loss is mentioned as per the Risk-Reward Ratio Tab
Right now it is on Demand zone and can go to the Supply Zone in a few weeks
The global situations are not so good, so please be cautious while trading. Mention your Risk Reward Ration in your proper Discipline.
Enjoy!
The Entry, Target, and SL are mentioned as per the Risk-Reward ratio tab / The price hV Guard Industry will take Guard of your Profitsas just gone through the Demand Zone and will go up to the supply zone
The Chart shown is the Weekly Chart (Higher Time Frame Chart)
So, make your entry as per your own followed rules in (Lower Time Frame Charts)
The Global...
Chart of - Jindal Steel
Stock is trading in a range by forming a parallel channel .
You can enter in this stock after proper breakout.
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Disclaimer: All charts are purely for educational and information purpose only. I am not a SEBI registered Investment advisor. Please...
LIC Housing Finance Buy Signal
This stock has formed Falling Wedge pattern with good intensity of volume . One can go Long when 346.80 level is broken and start accumulating quantities in systematic way. After it breaks the channel and retest the channel, invest your entire capital per stock that you have allotted as per your total capital.
Why this Trade..??
1. Price formed Doji @ Support
2. Fibonacci 38.2% Retracement
Buy or Sell based on the Support Break with Volume
Disclaimer:This view is purely for educational purpose and it's my personal.Please consult your financial advisor before attempting any trade.We're not responsible for any loss or profits.
Why this Trade..??
1. DOUBLE BOTTOM
2. Broadening Triangle
3. Fibonacci 50% Retracement
Buy or Sell based on the Support Break with Volume
Disclaimer:This view is purely for educational purpose and it's my personal.Please consult your financial advisor before attempting any trade.We're not responsible for any loss or profits.
INFO EDGE
1- INFO EDGE is a range from last few days, most of the time whenever the stock comes out of range, They move like crazy
example - You may check PolyCab ( 13th Jan Chart)
2- Once Point B is broken then the Harmonic Pattern will get activated
3- It is making a perfect Flag and pole Patterns which itself again one of the bullish Patterns
- All these...
Why this Trade..??
1.Rejection at 0.382 Fibonacci Level
2.Profits Booking may happen
Buy or Sell based on the Support Break with Volume
Disclaimer:This view is purely for educational purpose and it's my personal.Please consult your financial advisor before attempting any trade.We're not responsible for any loss or profits.
Ginni filaments on verge of breakout .
it forms a cup & handle pattern and following a price action of U pattern from the chart when compare with the previous chart history
please make sure that you take the below the trend there is a good fall to be seen in upcoming days there is a down side price action in larger time frame a pure price action based trade and this could only if it cross the trend, then a major correction can been seen in upcoming trades, its not just for intraday it can be a good positional trade can short the...
