Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade
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Check these successful trades & approach on Britannia , Mothersonsumi , DLF , Biocon , Daawat , Infosys , HBL power , HDFC life , Hind ZINC given below
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NEW INVESTOR COMING AND HOLDING LEVLES NEAR RESISTANCE ..THEY ARE THE ONES WITH DEEP POCKETS AND WILL BREAK THE WALL...SO HAVE PATIENCE AND BUY IN CASH AS WE NEVER KNOW THEY WILLBREAK IN WEEK OR TOMORROW...SO WHY TO GIVE PREMIUM IN OPTIONS AND FUTURES...
#SBI
Entry above the candle which closes 1063
Targets -1071 / 1077 / 1086
Breakout alert ahead.
Self explanatory chart.
For educational purpose only. I am not a sebi registered expert. Trade at your own risk. Feel free to text & Share your views.
Why Buy and Sell
Now you need to understand the chart Is creating 2 patterns at the same time
1. Tripple Top (which is a trend reversal)(Which is highlighted in Yellow)
2. Cup and handle (which is highlighted in Blue)
If the price crosses the resistance line and creates a new candle above the resistance line then Buy the Target is 1130.( Which means its...
NSE:SBILIFE
It has strongly closed at the resistance level with huge volume.
it should close above 984 for intraday.
one can wait for confirmation of breakout then enter.
Not a Trade Advice or Recommendation.
Do your analysis and Consult your Advisor.
