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Reversal

IIFL Finance-A risky potential trade!The stock IIFL finance has recently crashed post news release of RBI debarring the company from sanctioning and disbursing fresh gold loans. However, such news based falls are good opportunity for long term investors to accumulate. Short term traders can also be interested in this stock since it has started some recovery. The stock can show sudden spike like the one seen in Polycab and Manappuram post news based fall. Trade is risky but has a big potential.
NSE:IIFLLong
by chartistamey
$Bitcoin ($BTC) good setup : One Simple Horizontal line-In consolidation for 3 months (Long base means Big Breakout) -Tested 71800ish resistance level multiple times and this time after testing took support of 10 ema (2 wicks) n signalling reversal. -Good Shakeout U&R (Undercut and Rally, when price go lower than last lower: kicking out weak players , taking out their stop losses and rally back to upside) -Signal Candles: Big Green Candles with vol showing buyers in action.
Long
by takmanish007
6
jubiliant foodworks potential reversal NSE : JUBILANT FOODWORKS CMP - 472.6 VIEW - bullish / long ANALYSIS - Technical A bull divergence on daily MACD indicator with higher lows is contrast with price action of lower lows indicating a divergence. Breaking of bearish trendline indicates a potential trend change with double bottom formation Target - 519-525 stoploss - below 407-415 closing basis timeframe : 12 weeks disclaimer: it is a educational purpose publication and not a trading recommendation.
NSE:JUBLFOODLong
by radHE_Capstone
Potential Trading Opportunity in UPLUPL , is a stock that has been on a downward trend for quite some time. It has been consolidating for the past few days and is also forming a triangular pattern. Entry is recommended strictly upon closing above 478 , However, it might find support between 454-457 . If that happens, a slightly early entry with a risky stop-loss could be considered, but this approach is only recommended for risk-tolerant traders. This is just an observation shared, and no specific advice is being provided.
NSE:UPLLong
by iamrk7
MCDOWELL_NHELLO EVERYONE, You all can see the beautiful and clean chart of NSE:MCDOWELL_N on a Monthly Pivot-Point TimeFrame, where the following observations are crucial to note down and understand! -> Inside + Narrow CPR Setup depicts that the price movement for this month of April can be "Trending" which usually suggest a breakout or breakdown of a range-play formation near the Reversal Camarilla Levels (H3 and L3). -> Open of the month was above the monthly CPR but the close of the same candle went below to close below the CPR suggesting a weakness of trend and now the CPR will initially act as a resistance whenever the price retraces back towards the CPR. We would have saw further bearishness if the price would have taken down the Cam L3 level in the similar formation as discussed above. -> After a retrace from ML3 we see the rejection towards the Monthly CPR initially and then comes the breakout of the CPR with a fresh month high which now indicates the strength of responsive bulls coming into the script. -> After the breakout the phenomenon of "Pivot Swap" can be seen where the price after the breakout takes a dip towards PIVOT (M) and proceeds higher after that which depicts that the CPR which was initially acting as a resistance will now turn into support and proceed for Cam H3 Level and break of the MH3 will initiate the long trigger for the initial target of MH4 and and then MR2. This was a very basic understanding of how you can plan out your trade in case of Narrow or Inside CPR but as the term BASIC is mentioned in the statement it denotes that these setup are very volatile and have to superimposed with a range-play formation for smooth results. Will continue to update this as we proceed with the auction!
NSE:UNITDSPR
by PivotMinati
9