Tata power in the Recent Rally broke a long term trendline and then again took support around levels of Rs.50. It showed further consolidation before it broke the levels of Rs. 54.2. Now it is consolidating again in a channel pattern and rose by 2.36% in the last trading session but still remained intact in the channel. Have it in the watchlist, it can give you...
AUDCHF has been spotted in rising wedge which is a bearish pattern with bias to break to the downside.
Entry is around 0.65650 and take profit at 0.65350, roughly around 30 pips profit.
Good luck!
Tibor
Yesterday was a consolidation type of market, where the the buyers were unable to take out the previous highs. I had a bearish view, but the bears failed to get a follow through below 22,850 and the market moved towards the upper end of the range. This happened twice through the day yesterday and both the times the market moved above 23,100.
These are highly...
1. It took some time to post the analysis so, entry price is bit higher .
2. Trendline brake with volume and retracement is also done
3. we have bought at rejection in support zone
4. one can reduce the stoploss also
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Please use 3mins chart if the script open and close within the Green and Red Line its high probability trade do not waste time if open Gapup and Gap down. Can Initiate position as per the direction. Also leave the trade if it does not triggered in first 2hr as this is momentum based trade
Disclaimer: All charts are purely for educational and information purpose...
Buying in pull-back 2001 nearby.
Put the alert in your trade-terminal.
Expected more than 200 points move in next.
------------------------WEEKLY--------------------------------
Last week has reversal pin-bar and next week expected move 222 point
from 7-Days AT from the closing.
The price follows to lower...
Trade Setup for "Swing Trader" :-
Plan (A):
Sell 9692-9780 nearby target as 8874-8838 and 8842 nearby
If you can chance, then
Plan (B):
Sell, 10086-10333 nearby for target 8874-8838 and 8842 nearby
The U-turn(at 5th wave) clear on Projection in next month. We'll in down-side trend before the starting next month....
NIFTY does not have any local triggers and direction is based on global cues. Nifty pull back from yesterday which came from the medium-term resistance level has set the trend to be down. It is expected to be range-bound or down subject to news flow till 2nd June. A weekly close below 9250 will push nifty towards 8500.
LH 1511 is confirmed
LL 1361
--> Price can move and react as resistance at POV 1281.
--> The impulsive move is 4.2 x than the Correctional move.
The price can move up to 1281 nearby.
CLOSE VIEW
In the chart, the line was drawn from the black color which works to atrract price value. Turning our eyes on the...
As Banknifty and NIfty wont provide any vol/tick information we need to have special scripts to generate required data in easy to understand and take decision to buy / sell.
These Breadth indicator tools for Nifty and Bank NIfty will help in understanding the index stocks movements
Incase if interested kindly follow me and request for access.
Together we can...
Control price attraction is the easy target 2083 nearby for short-sellers.
Best short-selling points
Frist @2221
Second @2255
Thanks all who are supporting my post.
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