this stock has given great returns if held with patience. A healthy looking chart with very good growth aspects. currently taking support of ichimoku tenken (conversion line). Follow ichimoku rules here for stoploss
New India Assurance - Bounce off the Cloud / Future Kumo Bullish / Chikou Free and Clear / Bullish on the higher TF
Sl could be below the Senkou B @ 160
Tgt 230 / 250 / 280
Price Sustaining above Prev Day high / Price BO of Cloud Top / Chikou Free and Clear / Future Kumo Bullish / Bullish on All TF
Sl Prev Swing Low 990
TGT 1200 / 1325
CholaFin Moving Aggressively Above Daily Kijun / Chikou Free / Future Cloud to Turn Bullish / Bullish Sentiments in the Higher Time Frame .... Long Trade can be take for a TGt 635/670 ... Sl can be @ Swing Low 510 for Conservative trades / Aggressive trades can be taken with a SL of 540 confluence of Daily Kijun and Senkou B
When ever if we see a 5th wave extending . We need to look at the following 1. Slope of wave 1 > wave 2 > wave 3 .
1.So trend channel will look like a megaphone pattern .
2. Wave 4 has to be deep becoz wave 4 will behave like wave 2 .
3. wave 5 may be 1:1 frm wave 1 to 3 extended from the end of wave 3 . (More on this later with a good example)
But most...
HDFC Life
Prev Close Above the Cloud / Chikou Close Above Cloud / Chikou Free and Clear /
Price Sustained Above Prev High / Future Kumo Bullish / Bullish on Higher TF as well
TGT 785 / 820 / 865
Sl Swing Low Below confluence of Flat Kijun and Flat Senkou B
SL 670
nicely poised at trendline support but if breaks on a closing basis we might see 3980 in quick time.
any monthly closing below 3980 will confirm the reversal, till then you can hold your bullish view.
BRITANNIA had given a long period Trendline Breakout on 7th June and sustained above the Trendline. The stock then gave Ichimoku Cloud Breakout along with Triangle Breakout on 15th June and sustained above Ichimoku Cloud, confirming a start of an good uptrend and a good buying signal.
Targets For Britannia by Fibonacci Extension Tool are:-
Target 1:...
Gujarat Gas .... Bullish in all higher TF ..... Breakout above ATH / Future Kumo Bullish / Chikou Free
TGT 630/665/710
SL can be just below the Flat Kijun - 530
Filatex - Has Bounce of the Flat Kijun to a new ATH.
Chikou Free and Clear / Future Kumo Bullish / Higher TF Bullish
Could take long positions with SL @ 85 (Below Senkou B)
Tgt 140 / 160 / 190
1) baseline above the conversion line.
2) cloud ahead is red.
3) price is below the cloud.
4) lagging span is not within the price.
5) lagging span has breached the cloud too.
Coal India looking deadly positional buy . 2 signals gold cross of Kinko Hyo (Tenka nd Kijun also pointing upwards) and Chokouspan breakout have happened . Wave ii flat with exact 0.618 retrenchment for wave i has also happened . It has crossed 20/50/100 EMA and is resisted by on 200 EMA now . This seems to be a powerful setup. If one is aggressive ,buy after...
No description needed.
I just spot where the value should be or where are the levels smart-money and institutionals traders and investors look for buy entry's, according to Fibonacci retracements.
NOT FINANCIAL ADVICE
MORPHEUS.
No description needed.
I just spot where the value should be or where are the levels smart-money and institutionals traders and investors look for buy entry's, according to Fibonacci retracements.
NOT FINANCIAL ADVICE
MORPHEUS.
No description needed.
I just spot where the value should be or where are the levels smart-money and institutionals traders and investors look for buy entry's, according to Fibonacci retracements.
NOT FINANCIAL ADVICE
MORPHEUS.
