In an uptrend, when you buy in excess below value or somewhere in the bottom half of the value area, the take profit level is always at the control price. When an opportunity arises to buy just above the control, the take profit will be at the value high. The protective stop will always be below the tail of the smaller rejection value area on the lower time-frame...
Ashok Leyland has formed double bottom and showing signs of reversal. It has a reasonable PF catching the price frequencies and is available on the LML offering a good entry. It has formed a double bottom with divergence on MACD which is quite reliable setup. Heiken Ashi has turned to Green also. One can buy the stock with the following details
Entry current Price...
Prices have formed nicely "3 Drives Reversal" pattern and offering a good trade at current level.
Risk/Reward Ratio above 3
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
welcome to a trading plan for XRP/USD!
Important: Wait how the market reacts at the trendline and follow the direction!
PLAN A: Short (Trendfollow)
Target 1: 0,28221
Target 2: 0,21561
PLAN B: Long...
This is weekly chart of Auropharma with CMP @ 781.40. It looks an excellent investment idea based on following observations:
1. Price during Feb 2015 to Aug 2018 (after massive bull run from Aug 2013 to December 2015) was trading in a range which is shown on the chart by drawing support and counter trendline with arrows indicating multiple supports and...
Get Cautioned!!! Don't Buy AuroPharma At This Level Because It Above 70 RSI (means it is over brought now) So On Lower RSI Below 60 & Buy It Above 828.
Keep The target Of 880 & You can Also Move It When The Stock Price Breaks The Resistance At 883 Price Levels & Stop Loss Below 790 Would Be Better.
& Best Of Luck For The Next Trade!!!
In Hourly, price closed near the price range that acted as a support during the day.
1. USDCAD did a breakout and then pulled back to 1.30790 Levels on weekly charts.
2. Price has a nearby support of 61.8 % Fibo Level on Weekly.
3. Stochastics - Oversold on Hourly.
Lastly, risk and reward is pretty favorable, I will wait to see how it reacts at the opening...
The stock has nicely formed Wolfe Wave with in parallel Channel. One can trade the stock for a good Risk to Reward Ratio. One can trade the Future as under or make suitable strategy using options as the stock is active in Options also
Disclaimer : All ideas and comments are my personnel view. Please take...
All mentioned & plotted on Chart.
For Price Roll over Mouse on Chart.
Disclaimer: Take this information as study/education purpose only.
If Useful Like & Share
For taking trade decision Consult with your Financial Advisor.
All mentioned & plotted on Chart.
My personal View. If matched, Like & Share
As i am not SEBI regd. analyst, take this study as educational purpose.
For taking trade decision Consult with financial Advisor
The bullish three drives pattern offers a potential reversal point for a bearish market after forming three consecutive bottoms. The symmetry is very important for this pattern and its clearly visible in this case. Although the stock has already reacted from the third bottom but yesterday news based pull back could be used to enter the stock.
Entry : 69.75
This is medium to long term outlook which can take close to 40-50 Days having reward to risk ratio of 6:1 with stops below 132 & target upside between 180-185.
Short term zone of 140-142 is an important support zone.
Exicited to share the dark new theme which was introduced by TradingView recently. You can check the details at below...