Symmetric Triangle pattern formation on Voltas and it may break either side. MACD showing good strength for long side but need to wait for pattern breakout.
Trade Long:
Buy above - 483
Target 1 - 498
Target 2 - 513
Stop loss - 468
Trade Short:
Short below - 450.50
Target 1 - 433.50
Target 2 - 420.50
Stop loss - 468
UJJIVAN FIN IS MOVING IN A RANGE OF 290 TO 334. EVEN TODAY IT SAW RESISTANCE AT 234, SO WHY I AM SAYING IT IS READY FOR A BREAKOUT?? REASON BEING, LOOK AT THE DIVERGENCE SIGNAL MACD IS GIVING, IT SHOWS STRONG INVESTOR PRESENCE AND THE STOCK IS BEING BOUGHT AT EVERY DIP, ALSO IT IS TRADED IN FNO SEGMENT AND IT WAS IN BAN PERIOD TODAY WHICH EXPLAINS TO US THAT...
Intraday LEVELS Plotted in CHART.
NIFTY: Candle Pattern Confusing (LH & HL)
Indicators & Oscillators also MIXED in character.
Though MACD, RSI & Some other indicators & Oscillators till now in BUY Zone,
TREND: UP , Bias: FLAT to -VE
Expected Trading Range: 49 to 69 Point , Extended to 87 point.
VIEW: NEUTRAL (LONG in Lower Level) / SHORT in Higher...
CUP pattern formation on Bank Nifty and its leads to break upside. MACD showing the strength of bull.
Trade:
Buy - 23751 (spot value)
Target - 23900 (spot value)
Stop Loss - 23650 (spot value)
Intraday LEVELS Plotted in CHART.
NIFTY: Candle Pattern Generate MIX Signal.
Indicators & Oscillators also MIXED in character.
Though MACD, RSI till now in BUY Zone,
TREND: UP , Bias: -VE
VIEW: NEUTRAL (LONG in Lower Level)
Summery of Today's Trade:
#1. TEST Upper Band Of HZ #1 & BOUNCED.
#2. HIT Strong Level of Phase - II @ 9828
#3. Closed @ 9786.05...
Hi,
A Potential bearish harmonic bat near completion on 15 min chart in confluence of trend line resistance.
Note : MACD 4C giving bearish divergence.
Trade levels as follows.
Entry (Price Reversal Zone) : 354
TP1 : 337.4 (38.2%)
TP1 : 330 (61.8%)
Stop loss : 359.5 or higher
Always watch price action before making entry ( for a better risk/reward...
Hey, i have a strange habit of staying late and trying different combination to find early indicator, as you can be when i was play with simple indicator like MACD and MA, i notices some thing interesting, at least for me, so wanted to share with others. I think sometime trading swing is the simplest yet overthinking complicates it and fear and greed makes us...
Symmetric Triangle pattern formation on Divislab on 1hr chart and it may break either side. MACD trend showing neutral bios. So, wait and catch the good entry.
Trade Long:
Buy above - 664.00
Target 1 - 669.00
Target 2 - 674.00
Stop loss - 656.00
Trade Short:
Short below - 652.50
Target 1 - 647.50
Target 2 - 642.50
Stop loss - 660.00
IDBI in the verge of reversing the trend backed by strong monthly support at 50 levels also MACD crossover happen now.
So one can buy for target of 57, 59 & 62. SL 53.5.
Symmetric Triangle pattern formation on Nifty and it may break either side. MACD on bullish crossover on bullish trend. So, it's having bull strength. Let see, how the pattern respond.
Trade Long:
Level above - 9645
Level to exit - 9675
Trade Short:
Level below - 9615
Level to exit - 9586
Chotta bheem (small) trendline on Voltas and MACD bearish on bullish trend so not give a big move on downside.
Trade:
Short below - 460.80
Target 1 - 456.50
Target 2 - 452.10
Stop Loss - 466.60
SRTRANSFIN has broken out of a mid term symmetrical triangle pattern with huge volume breakout. Tomorrow we could see a followthrough of this breakout.
The MACD has crossed the signal line & center line signalling a buy.
The DI+ has crossed over DI- signalling a buy.
Buy at current levels for target of 1110/1119.5 . Watch if it gets taken out & ride along as long...
Trendline breakout of Bearish side on NCC. MACD and RSI trending on bearish side.
Trade:
Short below - 87.00
Target 1 - 85.00
Target 2 - 82.80
Stop Loss - 89.50
Note - Trendline already broken on downside.
