Sharemarket
Marico stock to take long entryMarico stock to take long entry & once again new high can be seen in coming days. Long after the BO & resistance cum support zone above the price of 559 with SL as per marked area. FMCG sector moving all time highs. Today seen some correction in the sector . These type of correction is the opportunities in the stock market. stock is moving above the 50 as well as 200 EMA. This is for your educational purpose only.
Long Axis bankLong Axis bank between 715-722 . Once stock touch the TL this is area of value to go long. Previously have seen stock taken the support of TL. So high probability to go long from this area. SL 705 target 750. Once seen BO of Resistance level then next target is 770 with trailing SL. also if TL BD then will not take entry. This is for your educational purpose only.
GODREJCP : Ending Diagonal This is the most common diagonal that can be found out at the ending of a main trend or main correction. It consists of all the waves 1-2-3-4-5 in a single or multiple zigzags. They can be found placed at 5th wave of an impulse wave or can been seen as a wave ‘C’ of a corrective waves zigzags or flat. After the termination of the ending diagonal, a swift & a sharp reversal takes place which bring the prices back to the level from where the diagonal began.
Properties of ending diagonal :
Wedge shaped structure (in case of contracting diagonal).
The subwaves of all the five waves should be in three wave structure.
Wave 3 should be shorter than wave 1 | Wave 5 should be shorter than wave 3 | Wave 4 should be shorter than wave 2
Trading Strategy :
Sell near 1000-1005. keep stop loss of 1025 and look for the target of 940/900/875
Biocon Stock Long Biocon above 378 with SL 362 Target 422. Stock is moving in the support zone & high probability to bounce back from this side. Entry after the Bo of support zone as marked in the charts. Also this time stock expected to Bo the high resistance zone. So keep trailing SL to gain the maximum profit. If stock BD below the level of 362 no entry to be taken .This is for your educational purpose only.
Live Challenging Stock Market Analysis #FIEMIND Buy @ 668.55Market Analysis
Live Challenging Stock Market Analysis #FIEMIND Buy @ 668.55
Target @ 917.90
#sharemarket #FIEMIND #Nse #stockmarket
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Note:
Trade signals would usually have a risk to reward ratio of 1:2.
It means that even 2 out of 4 signals hits their SL marks, the other two would have closed with profit.
This allows you to be good in overall pips profit.
Signals are usually inter-day (Based on the daily candle) therefore, trades would usually have a holding time of an average minimum of 24 hours.
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Tradingwithtamil
Sell Copper with a Stop Loss of 731.20Sell copper near ₹ 727 with a Stop Loss of ₹ 731.
I analys Indian commodity market on a regular basis. I just earned 4800 points in SilverM, 2400 Points in GoldM and 240 Points in Crude Oil, however i wrongly entered in short position in nifty that made me some losses. But i believe losses are part of good trades.
TATA CONSUMER to take long entryLong tata consumer a perfect example of pole & flag pattern can be seen on charts. Long above 775 for next move till 810 with the SL 760. Also this can be taken for long term duration in next 5 to 6 month stock can easily touch the levels of 1300 to 1500 . A uptrend stock in all TFS. This is for your educational purpose only.