NSE:MGL MGL Ltd : Morning star chart patter on weekly chart which is a bullish and strong reversal setup. If starts trading above Friday high then we can expect good upmove in coming week ahead.
Prices have formed nicely "3 Drives Reversal" pattern and offering a good trade at current level. Entry 74 SL 72.5 Target 79 Risk/Reward Ratio above 3 Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
we can see the signs for reversal Doji candle stick + 2 red candles ---> confirm short sell
yellow lines are showing the key levels. alkem should be in the watch list. it's a time for a reversal.
I've observed nicely formed Head & Sholder Reversal pattern. It has given good breakout and retesting the Neckline from above which offers a good opporutunity to go long with the following details Entry 262 SL 255(closing) Target 284 Risk/Reward Ratio above 3.14 Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
Price formation suggests a short as recommended by Victor Sperandeo in his 2B Pattern. Price closed above the previous high yesterday with good volume but got rejected immediately and closed below to low of yesterday. One can short the stock with reasonable stop loss. Risking the small amount gives an opportunity for a decent Risk to Reward ratio trade. RSI...
BUY PC JEWELLER ABOVE 85 TARGET 97, 110, 136 SL 71.5 A disciplined trader should avoid such scripts on regular basis but kabhi kabhi spinner ke sath bhi crease se bahar ana padta hai. :) Some points: 1. OBV and PRICE Bullish divergence 2. Healthy candles 3. An upmove followed by a retracement 4. Has started to move up again (Latest candle) 5. Oversold
Ascending Triangle in the making for BTC? Setup Void if price falls Aggressively below 4050 without proper bounce. If Setup works, i am looking for 5k+ An ascending triangle is generally considered to be a continuation pattern, meaning that it is usually found amid a period of consolidation within an uptrend, but it may also occur as a reversal pattern...
Wait for the neckline breakout.
I have used EMA and KAMA lines here. By using EMA line, I can get the better idea about price movement rather than using SMA && by using KAMA line I can avoid noise. here in this chart time frame is of 60 min, EMA(20) & KAMA(14,5,30). You can see here, whenever the EMA line crosses the KAMA line the trend changes. My recommendations here is to go long in SUN...
This is weekly chart of GLENMARK on NSE (INDIA) with CMP @ 665.55. It looks a good opportunity to take a long position in the scrip based on following observations: 1. Support zone has been marked on the chart where price has taken support multiple times in price band of 505-602. Now, the price has come out of this band indicating reversal. 2. It is also observed...
looks like weak it has pullback and reversed from a strong support zone for the stock. It can go up to 58
immediate targets in case we hold we hold this higher low , push up are 970 and 1050
Buy Entry 200 - 205 Stop loss 168 Minimum Price Target 248 Risk to Reward 1 : 1.50 24% Up Side potential. The Recent move is supported by Higher Volumes. (Trading volume can help an investor identify momentum in a stock and confirm a trend. If trading volume increases, prices generally move in the same direction.)
NSE:JETAIRWAYS has been in downtrend every Jan 2018 and from the highs of 870 the price has crashed to around 260 levels. Recent news of delaying the result had an impact on the price and investors initially weren't that keen on buying the stock. Looking at the recent trend and especially looking volume structure there is clear signs of the stock being...
High volume breakout, good momentum, divergence reversal. 100 EMA support as well