1. Shooting Star Formation on Daily Chart. 2. Recently , At the price of 3278 Double TOP Formation maid by the daily chart. 3. It has close the price 78.6% Retracement Level from the Double Top Level. 4. On Drawing AB=CD Pattern with 78.6% Retracement Level. 5. Assuming D Point Formation at 1.27 level Price comes at 2819. 6. Sell below 3110 Target: 3083,...
Beautiful shorting setup built on Crude oil 4 hour chart with risk of 2:1. There is a strong supply zone from $ 29.16 to $ 30.04 on 4 hour chart and oil is heading towards the supply zone. This supply zone has been tested only once till now and there is a strong possibility to reverse the trend on this price level one more time. Short @ $ 29.10 Stop Loss @...
RELIANCE is going to 1416 i would say 1370-1330 ( 1330 which is 38.2% ) Fib level twomorrows market will be a deciding factor in my opinion but i am bearish about this and think it can go down william% is oversold on daily time frame PLEASE MARK IF THERE IS ANY MISTAKE AND TELL ME STOCKS THAT I SHOULD ANALYSE
look for support zone see the updates
BPCL is going to 304 levels if twomorrow is not a gap up opening keep your eyes on support if it breaks price decline will be fast use VWAP on 5 min time frame to make your call technicals are also weak short sell in my opnion for target 304 please tell me if you find any error and suggest me stocks that i should analyse
DBAUR is coming down to 340 but for that needs to break the trend line and also go down 453.7 levels i am more towards bearish side but stoploss would be 468.71 closing of 15min candle ( or you can look for 5 min vwap for confirming of down trend to 340 ) also in hourly time frame indecators are a bit confusing so careful in taking the trade but i am more...
Market is bound to fall to nearly 6k Levels beware.
After a vertical fall Nifty retraced to 50% and now giving an opportunity to short it. High of yesterday could work as stop loss and one can expect the target of 8700/8400 which offers a good risk to reward ratio.
ITC will go down to 140 region as due to bad news of goverment selling their stock and then due to lockdown and aslo we are seeing technically weak and it should complete its trend to 140 region Tell me if you find any error and suggest me more stocks that i should analyse i am still learning
Perfect pattern is emerging, bold prediction is for the stock to hit 61ish area before May end...
An opportunity for short selling. targeting 467 to 458. drop in a comment for any suggestion! Thank You
1. Price Movement Stuck in Descending Triangle Pattern. 2. On Drawing AB=CD Pattern Recent Low and High. Recently, Price Retrace to 0.618 Level(AC=0.610). 3. Lets Find the reversal point. Assume BD=1.27 D Point Formed = 1253 4. Sell Below: 1300 Target: 1290, 1282, 1275 , 1253 Stop Loss:1308
I wish this patter is wrong and stock will not break the neckline because this is the stock I have invested for long term But lets see how it will behave at the support
NSE:ICICIBANK Break down from the trend line observed. Possible support levels and zone are marked. Keep an eye when reaching those levels.
Range bound price movement! with a confirmation candle short position can be derived and can get a profit opportunity! A rookie trying to learn feedback are welcomed!
Can be shorted based on the closing candle