Profit
SANOFIX TRADING STRATEGYNSE:SANOFI NYSE:SA
SANOFI TRADING STRATEGY - NEXT WEEK
Stock losing momentum after hitting BOLU and entering rangebound in a descending triangle pattern on 1D charts.
MACD line moving below signal line, Aroon Down has cut Aroon Up from below, and RSI moving towards its bearish support of 50-60.
STRATEGY
Short when price moves below the triangular support zone of 8514, with a profit target at BOLD, and SL at BOLM (if above the triangular support zone) or the upper resistance of the descending triangle
#HSCL... Morning Star pattern .. swing trade ideaHSCL is forming morning star pattern on the daily chart..
Ofcourse half the trading session is left and confirmation only will come after today's closing..
But keep an eye..can be easy 20% short term profit here
HSCL also has multibagger potential.. see my previous ideas in related links section
HUGE OPPORTUNITY on ETH/USDTReasons why I'm bullish:
- All of the daily Moving Averages are pointing up, meaning that the prince is tending to go up.
- ETH went up for 13 consecutive days, we need a retracement to keep going up.
- The daily RSI showed that ETH was overbought for the first time after 13 days (Good sign for a retracement).
- We have a nice and clean Double Bottom on the daily chart.
- The (0.382) Fibonacci Retracement is extremely close to our zone of action in our double bottom and the (0.5) Fibonacci is right on a previous support area.
MY BUY ZONE is between:
$2198 - $2400
MY TARGETS are:
1- $2900 (~29%)
2- $3160 (~40%)
3- $3440 (~53%)
MY Stop Loss is:
$1800 (-20%)
Always do your own research before getting in a trade, you always need to know the WHY and WHEN to entry and exit all your trades.
Disclaimer:
This is not financial advise, this post is for educational purposes only.
NAVIN FLUORIBNE READY TO BLAST?There is no need to tell about the quiality of this stock- navin fluorine, it is one of the best available to us, it can be accumulated at every dip for investing and for short term as well, presently it is at its support line and it is supposed to give some pretty attractive returns from here.
THE SMALL CAP READY TO TAKE OFF, NICHE BUSINESS BEING ITS FUEL.NEOGEN CHEMICALS is a very underrated stock with a lot of value to it, its support line is holding hard to it, it respects it and this is one of the very few companies good for both longterm a and also suitable for swing as well with a good target of 1000.
Maharashtra Scooters Rounding Bottom Breakout (Consolidation)Maharashtra Scooters Ltd has a tendency to consolidate an then give a move . Previously before twice it has done the same thing . This time the consolidation has extended but looks like breakout has happened . Though there has been a little correction selling but if it retest's it can give an upward move or it can directly move upwards. Looks like a decent chart with good potential.