#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalADANI POWER LTD
Short term setup
Buy above 128 for short term target of 135/140/150 levels
Since good movement is there, no need to put SL, but if want then 118-115 levels DCB will be good SL.
----
Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
Search in ideas for "dcb"
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalJINDAL STEEL & POWER
Chart in uptrend and broke important resistance level of 350
Stock after breakout consolidating in a range & bounced from 61% fib level
Also Flag pattern formation on chart
if sustains above 500 then we can buy for short term trade with sl below 450 DCB
target 600, 750
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
NOTE:
In case of Gapup or Gap down then avoid setup
Do your own analysis before taking trade
Above levels are for education purpose only
HCL TECH Long HCL TECH Resistance @1194-1200 zone SL1193 DCB (Daily closing basis) TP=1227, 1262++ As you ca see wave analysis wave 1,2, 3 completed now it will give BO and touch 1227, 1240 and come back to 1200 and move towards 1262++ for final TP. also along with it look like Harmonic pattern buy above B point @1194 for TP=1227, 1262++ #Robinhood Investment. ( I am just a BOT trader 😄)
flag pattern in making with multiple confluencebroken important resistance around 350 and than consolidating in a range .
bounced from 0.61% retracement level of fibonacci.
flag kind of structure is in progress.
buy above 500 in intraday
if sustains above 500 than we can buy for short term trade with sl below 450 DCB
target 600, 750
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
watch for range breakout buy above 1260 in intraday or swing trade
for swing trade stoploss below 1140 DCB
target for swing trade 1450, 1590
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
POSSIBLE BREAKDOWN CANDIDATE!1. Head & Shoulder in Formation. (Bearish Pattern)
2. Confirmation below 43 DCB.
3. Patterns fails above 45 DCB
4. Pattern completion Target 39. Break down Target 36.
5. Slow moving small stock so Option Trading (on Buying side) is not advised.
6. Consult your financial adviser before entering any trades because it involves monetary risk.
7. Views shared here are for education purpose. Do Like & Share. Thank You! :-)
HUGE MOVEMENT TO FOLLOW NIFTY SOON!Few Points to notice!
1. NIFTY is making Higher Low - Lower High Pattern, indicating the decrease in volatility, also a probable Break Out or Break Down soon!
2. Red line - Short term Trend line support, Blue line - Mid Term Trend line support.
3. Negative Divergence
4. As long as closing above 17075 DCB, longs can remain intact. Below this, sellers can have upper hand.
5. Ultimate support around 16775 (App. 200MA)
6. This is a line chart, basically for price action not for creating fresh positions. So analyse accordingly.
7. Views are for education purpose only. Consult your financial adviser before investing.
MidZone🔴 Lack of follow up & profit booking forced #Nifty closed low.
🔴 #Nifty closed near the bottom of rising regression channel.
🔴 In 75M TF it notices a bear flag. Confirmation below 17575.
🔵 Will think of buying if it closes above 17645 with volume.
🟠 17491 is 20 WEMA support. 50 WEMA is placed near 16348.
🔴 Short term moving averages trading below mid/long terms
🔴 RSIStairs trend is still -ve. Looks like RSIStairs 55 is resistance
🔴 Will initiate fresh shorts below 17435.25 with SL=17805 DCB
🔴 #Nifty 75M/195M/1D RST-SAR system generated sell signal.
positional trade: watch for 10 year old resistance breakoutbuy above 48 for positional trade
keep stoploss below 38 DCB
target as per range breakout 86 safe side keep 80.
company is not good fundamentally so keep allocation less and not more than 5% of total capital.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis