LEVELS MENTION ON CHART, MAKING INVERTED HAMMER ON HOURLY CHART
INVERTED HAMMER ON 4HOURCHARTS SEEMS BEARISH LEVEL MENTIONS ON CHART
Short NSE:ICICIBANK ICICIBANK under Close of 493 Target:484, 475, 467 SL: 510 Risk is yours and Reward is too yours. Decision on Based of: Shooting Star at At Time High. Closing under Closing Channel as fakeout. Previous Rectangle pattern target was 459 already overachieved ... those investors would be booked some profit.
Siemens made Doji in daily charts. Sell Below 1658 SL 1720 Target 1550
Tata Global has formed Shooting Star on a major trend line & it will serve as important level of resistance in future, once price broke this major resistance look for long side opportunities. Entry : Long Abv 220 Stoploss : 205 (Closing Basis) Basic Target: 240 if you have any queries regarding above idea or any other stock feel free to D'M...
APOLLOHOSP is constantly forming Shooting Star's at major resistance , look for shorting opportunities. Entry : 1265 - 1270 Range Stoploss : 1296 (Closing Basis) Basic Target: 1233 Optional ways : Derivatives are best case as expiry is just 7days away. if you have any queries regarding above idea or any other stock feel free to D'M ...
NSE:GAIL Gail India : Has formed Shooting star candle stick pattern after good up move. This is a bearish pattern. Also noticed it has rejected 200 EMA which adds more confidence of expecting weakness in this counter. If starts trading BELOW Friday low then this patter is valid.
TATASTEEL Scalp trade short below low. Sl= high
Hindalco shooting star at a resistance level. Good short opportunity once stock breaks the low of friday .
Shooting star, Exhaustion gap in ICICI BANK. NSE:ICICIBANK has formed a shooting star, and is exhibiting a exhaustion gap at the top of an uptrend. It is also exhibiting RSI divergence. ***Volumes are not that convincing. RBI announcements on December 5th
Asian paint has just started the steps towards its upper bound. Asian paints also made a shooting start in its last session giving a bullish indication from here. CMP - 1157 First target/resistance 1185 Once 1190 is broken it will shoot to 1260 and above SL - 1142
The stock has broken out of an upward sloping triangle with good volumes. The shooting star at trendline and bollinger band resistance is followed by a red candle will lead to a pullback to the breakout resistance (now support) giving us an opportunity to buy. The RSI's overbought signal indicates the same. A very great stock, also considering the pressure on PSU...
RSI - Overbought, Strong Shooting star on daily. Break from the horizontal channel ought to give confirmation.