Search in ideas for "EMA"
Wipro - Trading above 200 EMA Wipro started trading above 200 EMA after more than year. Weekly chart above
Breakout happened with strong volumes yesterday.
CMP - Around 415
Target 1 - 450 (8%) , previous swing high
Target 2 - if it consolidates around 450 then can touch 500 and above.
Stop Loss - 399 (4%)
Good risk reward. Holding position from 403 level.
Posted for educational purpose.
1D BIRLACORPN (BIRLA CORP)- Short Entry1. Nice Pinbar formed at Big Round Number 1000.00
2. EMA 365 acts as Resistance for that Pinbar.
3. Fibonacci Retracement at 61.8% level.
4. Watch that trendline which is also acts as resistance.
5. Take Profit and Stop Loss level clearly mentioned in the chart window.
Long base. perfect cup handle, Tgt 350-355, SL 269(21 ema)Long base. perfect cup handle, Tgt 350-355, SL 269(21 ema)
1D BANDHANBNK (Bandhan Bank) - Short Position1. Bearish Engulfing Pattern formed at S/R zone.
2. Another Confirmation is 50% Fib Retracement at S/R level that is strong zone than you think.
3. Oh...Come on EMA 150 act as Resistance.
4. Trendline got broken very well by Engulfing Candle.
5. First TP1 level price reached sell half of your stocks there.
6. Move your SL to BE for another TP2 level which you need to target that zone.
Thanks by
Pupathi Sadagopan
1D DELTACORP (DELTA CORP LTD) - Short Position1. Bearish Engulfing Candles formed at Support and Resistance Zone.
2. 61.8% Fibonacci Retracement is another confirmation on that S/R level.
3. EMA 365 is off on the Bearish Engulfing Pattern.
4. Entry should be carefully placed at mentioned area because strong S/R level is there but it will definitely break those level and reached it to another S/R zone.
5. Take Profit and Stop Loss level which is clearly mentioned in the chart window. Check that there.
Thanks by
Pupathi Sadagopan
Price at 200 ema, opportunity to go long with R:R of 1:6 The price at resistance level, correct entry will be above 200 ema i.e., Rs 201 or at support level.
Target - 30% / 60% and Stop Loss 10% (Risk Reward 1:3 or 1:6)
Thanks
-AJ
Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of advice or recommendations.