Everything on chart. Wait for confirmation on 31-may-17. Please leave your opinions.
Looking towards current scenario Federal Bank may breakdown targets are 110/107.5/104 SL 114.2
Gail moving fast, so here is the post out...
Hindalco is just getting rejcted from the above trend line again and again, and getting support on below trend line.... Looking at current scenario it is clearly directing that price may go down till 185-190 regions ... Tgts are : 196/192/188 SL 201 Hopefully, we may see price reversal at 185 , if that not happen we may see further more down side... ...
After a long time the shark is returning in our trade setups but this is not solely based on shark on 15 mins, we get other supportive points also , Elliott counts & trendline break in Ambuja cement points downside, choose whatever you wish to. But always choose one & trade based on it, if you combine all this n choose , you will take trade in one setup & place...
I think thats something you guys need to decide depending on your risk ability & weekend , importantly as per your trading plan :) Lol ! Typo's thats 464 :)
Most of My New followers won't be knowing My tryst with TataSteel, every time I post a trade setup on Tatasteel it fails, No matter what it will fail. Always misfires... & It will remain as Favorite Misfire, No matter what, Not gonna hate it :) Here I honestly seek your opinion on Tatasteel whether this will happen or not, can you guys throw some light on that ?
ARVIND price action break down from the support zone, it shall move further down till 366 zone.
DCB Bank is getting prepared for making a good triangle break.... and RSI Negative divergance is a good indication... One should get ready to sell DCB Bank below 190 with the targets of 185/180/170 and SL 195 Note: This Idea is published before also but haven't mentioned negative divergance Do your own study before making any position... Please Like,...
Shorts if suits your plan & purse err...Risk !
DCB Bank is getting prepared for making a good triangle breakout.... One should get ready to sell DCB Bank below 197 with the targets of 185/180/170 and SL 195 Note: Do your own study before making any position... Please Like, Follow and Comment your views below...
The stock has formed a clear classical double top reversal pattern and traded below the neckline yesterday. It would offer a good short trade in coming days. It is one of the most simple pattern so need not much details. Have a good profit.
The stock has formed perfect pennant pattern and gave breakout with gap and good volume. It is trading below the trend line clearly telling more weakness in coming days. One can short the stock for a target of below 925.
Why it is Absolute Risk ? Bcos once you take the trade there is No going back, Your Risk is defined for sure & Absolute. Very well before taking the trade we know our Risk & on failure Risk is absolute. But we can't say for sure our trade setup is 100% winner, so there is Potential chance of Reward. Vedanta just initiating channel formation, LL's indicating...
Looking at downside movement from current levels,NMDC can be used as swing setup if it suits with your trade plan. Again, those tools are used on different timeframe's so skewed :) Happy Trading !
You can take it as either Intra or positional based on your risk appetite, but I will be aiming for a downside move in Hindzinc bcos of trendline retest and bearish nature. If you;re doing intra book partial profits in 245 zone,( positional too ) then trial the stops making it as breakeven trade :) If trendline gets violated wait n watch, if the resistance also...
RSI Divergence in double top area is showing the potential weakness. The pseudo upthrust bar yesterday with big volume is another confirmation for the potential short today with Stop Loss just the high of the previous day bar.