As you can see in the chart stock reverse from the resistance level of 480. . Now again stock is the at the where you can sell this trade, if Tata motors go below 466, . We can sell this trade for the target of 458, if stock goes below 450 then maybe stock can fill the gap. . So what's your view on this comment below in the box.
Another rejection near 200ema Once it is cleared, stock will move to higher levels 380, 400
--> Market Analysis : Nifty50 Is In Uptrend --> Sector Analysis : Financials And Banks Are Ready For Breakout --> Stock Analysis : Done On The Chart Buy On Breakout Of The Channel Pattern ( Very High Probability ) Target 1: 130 Target 2: 140 Target 3: 150++ S.l : Below The...
In this post we will see how to initiate a trade in a dilemmatic sitiuation,i.e.,a small green doji type candle coming out of the falling wedge pattern,which leads to the confusion whether to take a trade or not.We would be in dilemma whether it is a breakout or a fakeout? Whether to initiate a trade now or to wait ? In such a situation taking help of a indicator...
∘ Nifty Overview ∘ 200 EMA Support ∘ Price move in range
oil taking support in zone 57 58 continuous , heavy fall only after close below his , while 5 week rejection suggest a push move at higher areas
daily close @ 200 ema if no bounce back then take targets as 508 - 480 tomorrow if candle closes above 200ema then no short carrying forward old view below for reference
BANDHANBANK is respecting the 200EMA from the last year. It has taken Support multiple times and been resisted as well during the same period. Recently it broke the EMA level, after which it has dive further. It seems it has retested the levels once again, which indicates it may continue to dive further for the next few trading sessions before it can bounce back...
Sun TV is strongly Bullish. Time Frame 4-6 months and a Risk-Reward Ratio of 1:2.5 We are to enter at 490 levels; Target is 648 Stop-Loss is 425
NSE:METROPOLIS Buy at 1855-1875 range for an excellent entry. SL - Exit if stock close below 1850, since it will definetely test the low's of the rejection candle. Reason for the trade: Rejection + Failed New Low(Previous day) Exit when: A daily close below the Rejection Day midpoint breaks the pattern, as this would indicate a retest of the Rejection...
Buy At 2588-2600 range for an excellent entry. SL - Exit if stock close below 2580, since it will definetely test the low's of the rejection candle. Reason for the trade: Rejection day Rejection Days have a range that is significantly larger than the 10-day average and The ideal swing entry is the Rejection Day midpoint,which can be defended for 1-4 days...
⭕ Intraday Trading opportunity ! min Chart Alert !!! ⭕ --Sell below = 900.40 or CMP --Target =875.35 | 835.85 --Stop-loss = 912.30 --Lot Size = 950 ...
Buy At 538-545 range for an excellent entry. SL - Exit if stock close below 538, since it will definetely test the low's of the rejection candle. Reason for the trade: Rejection day A Rejection Days have a range that is significantly larger than the 10-day average and The ideal swing entry is the Rejection Day midpoint,which can be defended for 1-4 days after...
NESCO had a pullback from 600 levels and fell upto 520s which is acting as a strong support line. A fall below 515 immediately rejected with close above 516 and next candle moved big. Go Long on CMP. SL : 515 T1:602 T2: 644
Long wicks Signs of rejection at lower levels Looking good Double bottom breakout might be possible Buy above 11560 if sustained more than 1hr TF Target 1 - 11650 Target 2 - 11750 Stop Loss - 11450 on Closing Basis
Since nifty has gained all the momentum for now, Pharma as a whole sector is consolidating. Auropharma has made a Head & Shoulders pattern. If it breaks below 850 with volumes, consider for selling. keep target of 770.
See the description above Regards