Get started

Short-term

LOOKING AT SELLING GBP/USD FROM 1.35675-1.35700Trend BULLISH : we have been in a long term uptrend since the Start of last march we have been making higher Highs on the higher timeframes so we are currently very bullish this is us going against the trend but we can see that we have a gap below that hasn't been filled and also we can see on the lower timeframes that gu has now started its pullback on the higher timeframes like we have been in a strong up trend for some time we are due a pull back On the lower timeframes we can see a change of trend with ma's crossover also we are being supported by a bearish trend line on 30 minutes chart we can also say we are now starting to make lower lows on the smaller timeframes so we can look for shorts from the best price possible Looking at selling gu from the area of 1.35700 we have an imbalance in this region this also lines up with the 61% fib which could mean we could see some reaction from this area we have a trend line just above that could act as some resistance SELL LIMIT 1 ENTRY - 1.35700 STOP LOSS - 1.35850(15 PIPS) TAKE PROFIT - 1.34500 (120 PIPS) R:R ; 1:10 REASONS FOR SELLING GU 1. lower/lows (15/30) 2. imbalance at 1.34500 3. descending trend line (bearish) 15/30 4. daily close looking to be bearish (4th day in a row) 5.dxy now looking bullish for the time being 6. p= sells also IF PRICE BREAKS ABOVE 1.35850 THIS TRADE WILL BE INVALID We have two targets one of 1.34500 and also 1.33700
Short
by Carlos44
Cup and Handle Pattern, Swing Trade, Tata Consumer ProductsAfter giving good return a bull run from march, the stock got good correction. after bottoming out during the correction, stock is now up for new run by forming the cup and the handle pattern. Since this stock being fundamentally good it can move up and give good returns in short term. Today it broke the old high and it can move up to make new higher high. NB: this is not a stock recommendation, just sharing my views and analysis
NSE:TATACONSUMLong
by iam_nithin
Nifty view till December ExpiryAs Index moves higher approaching resistance trend line with RSI above 80. Small intraday dips are being bought and somehow index management is going on. The risk reward for Long becomes very unfavourable at these levels. Immediate resistance at 13880-13920 and if index manages to stay above 13600-700 for upcoming sessions then we may see one more attempt towards 13950-14020. Immediate Support at 13600 followed by 13350. 12750-13000 zone should act as strong demand zone, one can use the dip in this zone to buy. For next 2 weeks - 21st Dec-31st Dec Any gap ups towards resistance zone should be used to sell with SL 14050. If holds 13600, one can go long using 13550 as SL. Sustaining below 13600 will make this structure weak and may attract more selling till 13350. Happy Trading
NSE:NIFTYShort
by TrendScanner
2
BSE LTD Inverse head and shoulders formationDISCLAIMER:There is no guarantee of profits or no exceptions from losses. The investment advice provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading. I may or may not trade this analysis --------------------------(((((LIKE)))))------------------------------- BSE LTD Looks to be forming Inverse head and shoulders pattern. Long near 545-530 Stop loss 465 for short term target 640-655 and long term target 940
NSE:BSELong
by Niftydirection