Nestle India Supply ZoneShort in the Quasimodo level and keep you stoploss above MPL line,
Your target should be nearest demand zone(MIP or BUFL).
Priceactiontrading
Nestle India Supply ZoneShort in the Quasimodo supply zone, and Keep your stoploss above MPL line.
And your target should be nearest demand zone(MIP or BUFL)
LT 1Month analysiswe have spotted yet another major breakout
in LT, it has been in a channel since 2007, this
might be a good opportunity, It already broke the
channel, Now we can see higher levels, if it corrects,
it might test 1590 levels and then move higher
SL should be big for 1M timeframe analysis and
the targets too
Bharti Airtel - Long trade - SL 680 Bharti Airtel, unlike its nature, is stuck in a very narrow range. If it had to go down, it would have happened by now. But the fact that it is holding its upper levels is a very positive sign for the bulls. Plus, it's available at a very attractive RR, 680 should be the stops, and targets should minimum be a new high. Watch for its price action early next week to take positions in this stock.
Disclaimer- I have long positions in this stock, please consider your risk and reward. Bharti Airtel tends to make very volatile moves.
MOTHER SUMI 1D analysisMOTHER SUMI has regained it's previous support
level, and it has broken a major trendline
it might test higher levels in coming days
we can set a target upto 250
Indian Bank- Good Accumulation Hello All,
Yesterday I posted about how I am able to see a upside in PSU BANKS Index (I have attached the link of that article below). I asked you all to reflect on it and prepare a list of the stocks which can be the early leaders in this sector.
I personally find Indian Bank's setup really convincing. Stock is forming a VCP pattern on the Weekly chart and looks ready to explode. A lot of accumulation can be seen during this period (just look at the height of volume bars). The quantity delivered during the high volume days is also good.
Since it's a weekly chart the SL should be a bit long but so is the Target.
SL can be kept around previous pull back level of around 120 while the first target expectation can be around 200.
Happy Trading! :)
LalpathLab - Good RR setupLalpath took support over the lower TL of the channel. Swing traders can make positions above 3800 in the upcoming session. SL below the lower TL.
SWSOLAR 1hr analysisSWSOLAR has been in an expanding channel pattern
and it is it at the resistance level appears to be ready for a breakout,
it has huge upside potential if it breaks the level,
it might move higher to fill the gaps that are formed in the past,
Wait for a strong candle to close above the trendline, that will be a good entry
usdjpy short then longNotice that both weekly and daily candles closed with very strong bullish momentum. I expect a .618 retracement after the impulsive buys that happened this week and then we continue upwards again to 112.404 price level . Upon market open by Sunday night, I will be looking out for my sell confirmations. before buying up.
SupremeInd - BreakoutSupreme Industries has broken out of a channel pattern. Plan your trade with the right risk management.
📈 Pre-open Chart #PriceAction Analysis by #KRMG (08 Oct)👉 Stock 1- #DRREDDY
👉 Sector - PHARMA
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - It has been strongly reversed to downside from 5000 Level and it also showing strength in downward direction and has 4750 Level as its next barrier as Hourly Timeframe
If it breaks and sustain Below the CRITICAL ZONE it may start continuation of Downtrend and has space till 4820 Level
Watch for #PriceAction around important CRITICAL ZONE structural points to plan your trade
🎯 Coming to sectoral pattern - #NiftyPharma is currently showing the downside strength from its ALL TIME HIGH Level
#KRMGPriceAction
#LearnWithKRMG
📈 Pre-open Chart #PriceAction Analysis by #KRMG (08 Oct)👉 Stock 1- #DRREDDY
👉 Sector - PHARMA
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - It has been strongly reversed to downside from 5000 Level and it also showing strength in downward direction and has 4750 Level as its next barrier as Hourly Timeframe
If it breaks and sustain Below the CRITICAL ZONE it may start continuation of Downtrend and has space till 4820 Level
Watch for #PriceAction around important CRITICAL ZONE structural points to plan your trade
🎯 Coming to sectoral pattern - #NiftyPharma is currently showing the downside strength from its ALL TIME HIGH Level
#KRMGPriceAction
#LearnWithKRMG
TATA MOTORS, 1hr analysisTATA MOTORS has broken a major resistance level
and it appears to be taking support now,
we can take a long position after it bounces,
the upper resistance will be the target
new gold predition if the market goes up it will go to 1769 or 1809 if it goes down it will go to 1745 or 1737 if the current candle closes bullish it will go up if it closes bearish it will go down made the prediction using price action strategy u can put risk ratio 1:2 or 1:3
NATURAL GAS INTRADAY SETUPMCX:NATURALGAS1!
NG take support for bullish pin bar candel formetion tak buy trade for conform support
GBPJPY IDEAAfter closing the month an the quarter with a solid bear candle , GJ now looks to break the daily support zone and then continue down. Since this is a Friday and a Month start I am skeptical about the push down. But then if we were to break the daily support today we can then set the trend for the week to come. I would be cautious trading on the support one as we have seen rejections multiple times and there are high chances of Price going against us if you are holding longer trades, Quick Scalps should do good for today.
HONAUT - Swing Trade IdeaHonaut has given a reversal recently and has given a breakout today. Abandoned Baby Pattern
