Follow my lines to trade, hope it will make some money. If 5M candle brakes trend line, skip trade.
JSWSTEEL NEAR WEEKLY BREAKOUT LOOKING GOOD FOR DELIVERY TARGET ABOVE T1 753 T2 773 STOP LOSS 711 ************THIS SUGGESTION ONLY FOR DELIVERY NOT FOR INTRADAY***********
The stock is trading near its crucial resistance of 1200, Breaking of this can lead to the price 1280-1285 zone, stop loss should be kept below 1149.95.
Ambuja Cement Buy At Level 291 Stop Loss - 285 Target - 300
Reliance Industries is at breakout from Cup & handle pattern on hourly time frame. This resistance zone is tested many times, so its strong resistance. Waiting for breakout .... Keep this on your radar...
It's in the accumulation phase here. One can collect it in between 127 to 141. 147 is of high resistance. If it breaks 147, then we can see 160 and 190. Play with a strict stop loss of 127.
As we can see that Nifty is near Resistance right now. To take new trade we should wait for some direction.
It has been observed on the 30 mins chart of GBPUSD that the price is at an important resistance level which has held well in the past along with an MACD Crossover. Entry: 1.2649 to 1.2666 Target 1: 1.2591 Target 2: 1.2534 Target 3: 1.2468