3MINDIA RETESTING SYMMETRICAL TL BO3MINDIA is now at the urge of retesting the recent breakout from symmetrical triangle pattern at weekly timeframe
1.) Frist retest point is near 200MA
2.) Supported by RSI
3.) Volume expansion
Execute the trade onle if you see some good sign of bullishness at time of retesting
TARGETS ARE ALREADY MENTIONED IN THE CHART
KEEP STOPLOSS ACCORDING TO RISKPROFILE
ASK YOUR FINANCIAL ADVISOR BEFORE TAKING ANY TRADE
THIS IDEA IS PURELY FOR EDUCATIONAL PURPOSE
Retest
LT Short term swing trade for 10%-15% return As we can see in the chart LT has broken its resistance on the upper side and has given a nice breakout with good volume. After that, it has retested his support zone and is now ready to go upside. One can add some quantity with a small stop loss with today's low as a stop loss. One can get good RR here.
ESCORTS - No Stop loss Low Risk PickPure price action analysis. With the low risk setup that I see here , I don't think I would need a stop loss.
1,2,3 Pattern on display is the beginning of every great move and when it falls within a pattern of a triangle breakout and retest as well as an inverted Head and Shoulder pattern + a reversal at RSI bottom what else do I need.
Holding with Patience. Don't ask for time frame. Ride the setup and enjoy the journey (slow/fast) to its destination.
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Always keep a stop loss to rescue you out of troubles if not sure and trail the stop loss as the price rises.
HDFC READY TO CONTINUE ITS UP RALLY AFTER A PAUSEBUY HDFC ABOVE 2685
SL 2620 DAILY CLOSING BASIS
TGT 2870 / 3500
REASON:
1> Long Consolidation Break Out after an Established Uptrend
2> Consolidation Resistance Level has been already retested
3> RSI Sustaining above 60 Level
4> Good Expected RR Ratio
Long IBREALEST. target 220, Stoploss: 129IBREALEST is retesting its previous resistence 143.
Can go long at 143 with Stop loss 129 and target 220