Rectangle
Capli Point Cmp 807 dated 24.12.2021Capli Point Cmp 807 dated 24.12.2021
1. Triangle Pattern On chart BO above 815
2. REctangle Box BO @ 825
3. VOlume BO
4. H&S Pattern On RSI
Buy for a tgt of 840-870-890-925 SL 790
SHort to Medium term Tgt 1100+ SL 725
It is just a view, pls trade at your own risk.
06 Months Long Consolidations BreakoutPrice breakout after 06 months of tight consolidations with extremely high volume . If price holds 175 level then we will see more upmove .
Century Textiles Cmp 883 dated 22.12.2021Century Textiles Cmp 883 dated 22.12.2021
1. Triangle Pattern BO @ 880
2. Rectangle Box BO @ 900
3. Volume BO
Buy for s tgt of 900-950-970-1000-1030 SL 825
It is just a view, pls trade at your own risk.
[ INTRADAY ] CHOLAFIN LONG BETrisk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at all.
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I use shorthands for my trades.
“Positional” - means You can carry these positions and I do not see sharp volatility ahead.
“Intraday” -means You must close this position at any cost by the end of the day.
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Always follow a stop loss.
In the case of Intraday trades, it is mostly the “Low/High of the Candle”.
In the case of Positional trades, it is mostly the previous swings
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poly plex corporation Greeting for Seasons !!
Polyplex different entry leval market with short term and ultra short term 2 different sl/support Leval
why this ?
because i seen polyplex structure is bullish there were good volume too as of now
but overall broader market trend is in under pressure and global news events of corona and lockdown too going on
in this situation one should always be alert on choosing entry and risk management
will suggest to add as of now 25% qty and more 30% qty add after breakout
rest 50 % qty buy once this breakout re tested and follow up happen
( why retest ..because when broader market under pressure there were natural false breakout to be happen)
happy trading
Regards,
Hitesh K.
GLENMARK reason-1
based on support and resistance i m seeing good support at 488 levels, rock solid support at 458 or around 450 so add here add till 488 keep sl below 450 for the target of 615 and than 691 .
reason -2 downtrend is at halt and it will start again below 440 levels so in this consolidation phase accumulate this script for the target and for target 2.