ELGI EQUIPMENTS LTD For Educational purposes only SUPPORT RESISTANCE
Look at the bigger picture. It might be a 5-3-5 corrective pattern(ABC) or 3-3-3 corrective pattern (WXY). If Nifty crosses 17135 recent swing high then it will be a buying opportunity in intraday basis. Targets of 17330 If Nifty crosses 16997 recent swing low then it will be a selling opportunity in intraday basis. Targets of 16800 Please do not take a trade just...
Hindalco taking resistance at previous swing high Bearish Candle breaking 100 SMA Go Short at CMP 436 Target 350 SL 465 (Closing Basis)
Gail is at the support and Bollinger Bands are squeezed and the breakdown of the lower band. Macd is Bearish Crossover RSI is below 40 So short near the close of the candle for the targets of 84 and 78.
Hey, check out the trade setup for Industower All 3 parameters are matched for a short trade. Trade setup in Futures Short : 193.10 Stoploss : 201 Target : 170 and 163 Options Trade Bear Spread Buy 29Sep2022 195PE Sell 29Sep2022 190PE Max. Profit: ₹ +7,280 Max. Loss: ₹ -6,720
Analysis for down trend is coming soon the chat say this week is market going to be bearish
mest capital indicator has generated an alert of going "SHORT" for FMG "Fortescue Metals Group Ltd." Australia Happy trading 🙏
mest capital indicator has generated an alert of going "SHORT" for WBC "Westpac Banking Corporation" Australia Happy trading 🙏
Hindustan uniliver Ltd. H4 Time-frame Shooting Star at 2723.75 Low of second candle 2674.65 1:1 Target 2625.55 #shortsell
Elliot Wave Count: Fall from Feb 2022 highs is in 3 Wave as ABC which is (W) Rise is an (X) Wave with Lot of Overlapping, Falling Volumes and a Bearish RSI Divergence Now Wave (Y) on the Downside is playing out Downside Targets: T1= 195 T2= 180 T3= 155 Stop Loss above 241
The stock can see a significant correction 1. The stock is rebounding from a resistance line from which previous rally has seen correction 2. The stock is on the verge of breaking a support line 3. The stock is breaking down the bollinger band and possibly ending a consolidation which was happening over the past couple of weeks All analysis if only for...
RELIANCE is making a good triangle pattern and moving averages are also showing bearishness in the stock thus Reliance can enter the Bear market once it breaks the triangle. THE MAJOR support is now 2400 that's gonna be the first target and the second target can be 2200.
GOLD is continuously selling and rejected again and again from the trendline and levels 1700 and 1600, making it rangebound any side of the above levels can lead to a good target. the lower side is going to be the target up to 1620. the upper side is gonna be 1720 to 1740 and so on....
Setup Contains: 1. Stop Hunt (Buy Side Liquidity) 2. Structural Shift (Bullish) 3. Multi-Layer Confirmations 4. Expecting Return to Orderblock 5. Targeting Discount POI FOLLOW PAFX & TRADE LIKE BANKS 💸
Back in February, when Russia launched its invasion of Ukraine, a victory for Kyiv would have been almost impossible to imagine. It's the classic David and Goliath. Recent developments on the battlefront, however, are starting to paint a different picture, showing the possibility of Ukraine ending the conflict with a win. On paper, the war is just between Ukraine...
Tata Motors has formed a parallel rising channel in which the stock has fallen from the top resistance. In addition to this, the stock today (16/09/2022) broke its 200D EMA and is ready for another 6/7% fall according to the setup & support of the rising channel. One can short at: CMP - ₹425 Target - ₹ 410 / 400 / 390 SL - ₹ 445( closing basis ) ...
Wipro from past days taking the support of level 400 and jumps back to make a bull run but from the past days it makes the DESCENDING TRIANGLE PATTERN which is a bearish pattern SELL SELLING below the level of 400 can lead it up to 380--350 level on the lower side. BUY Buying is gonna be risky from this point but taking support of level 400 can push it to...