ONGC - Bearish Setup - Price ActionPrice Action in ONGC is signalling Bearish trend.
Initiate Sell.
Target 1 : 75.50
Target 2 : 72.50
Stop Loss : 86.80
Priceactionstrategy
Tech Mahindra - Bearish Setup - Price ActionPrice Action in Tech Mahindra signals weakness.
Initiate Short.
Target : 565
Stop Loss : 592
How I got 10 points in BANDHANBNKBANDHANBNK was in my radar from last three days, since yellow trendline was tested by many times hence it became weaker. Today morning when price crossed pink line which was yesterday high, i entered into the trade 276.45 with SL 266 below the yellow trendline and keeping the momentum in my mind because of expiry day I took R:R 1:1. and booked my profit at 286.25
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JSW Steel - Bearish Setup - Price ActionJSW Steel is stood at a very crucial support, price action however, suggests it would be broken sooner or later.
Those holding longs should exit and those who want to go short, should either wait for a bounce (See projected Blue line) or should short when the price breaks below the horizontal support line. Once the support line is decisively breached, JSW Steel can go down to the level of 165.
Missed BD in M&M, however captured 5 pointsI have selected M&M yesterday for Today session(8th June 20) since it was forming a nice pattern in 15min TF.
I missed the BD, however i have entered once price crossed the pink line(previous day low) and got 5 points. Target was the green line(day before yesterday low).
Entry - 474.9
Exit - 469.5
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L&T Finance Holdings - Price Action - Bullish SetupPrice Action in L&T Finance Holdings suggests Bullish Bias.
Initiate long.
Target 1: 66
Target 2: 67.50
Stop Loss : 60
HPCL - Price Action - Bullish SetupPrice Action in HPCL suggests bullish bias on daily time frame.
Initiate long.
Target 1: 220
Target 2: 226
Stop Loss : 193
HINDALCO BUY ABOVE 150.90 (FLAG PATTERN)HINDALCO BUY ABOVE 150.90 (FLAG PATTERN)
Note - This is for only educational purpose.
HDFCBANK TL BO BUY ABOVE 1040 IF BANKNIFTY WILL BE BULLISHHDFCBANK TL BO BUY ABOVE 1040 IF BANKNIFTY WILL BE BULLISH.
Note - This is for only educational purpose.
BERGERPAINT NEAR FIBO LEVEL AND TL IS FORMINGBERGERPAINT is near the import fibo level and TL is also forming, once crossed 520 can be good for long.
NIITTECH respected FIBO and Making Rising WedgeNIITTECH respected FIBO at 0.6 level moved its direction to downward, if price will cross 0.5 level of FIBO then it will good candidate for short and if price will cross 0.6 level then it will be good candidate for long.
