Radico finding a ressistance on the trend line mentioned in the chart. Can look for a shorting opportunity coming week if it resists to break. If it breaks, can look for possible upmove.
rbl bank due to its managements comment on gross NPA had corrected sharply the stock on both long term and short term is good to accumulate
Tata motor has broken major support of 152.7 ( 78 % retracement level from previous upward rally) and formed three bearish candle below it which confirms accelerating downward moment, and showing it will test old low of 129.15 and will go below further. This is no more pullback wave as it broke 78% retracement level but its new primary downtrend wave. If you look...
stop loss 42.50 wait for pullback till 42 and then short. look for 38.45 2nd target 35.90 Disclaimer: All posts/views are for educational purpose only..!! Kindly contact financial advisor before taking position/decision.
ICICI PRU LIFE CMP 405.50 The stock is at important resistance zone Strategy Look to sell ICICI PRULIFE using Options. Option Strike Price : 420 Call Option Expiry: 29 August 2019 expiry Current Price : 9 Lot size: 1500 Max profit potential Rs 13,500 per lot In built loss protection for rise in stock up to 429 till 29th August 2019 Take care & safe...
stop loss 633 short at current or wait for pull back 624 target 598 Disclaimer: All posts/views are for educational purpose only..!! Kindly contact financial advisor before taking position/decision.
Follow Chart Instruction. 2 trade opportunity possible. 2nd trade opportunity is better one. Low Risk and High Reward.
#IDFCFIRSTB broken daily support level with H&S pattern. Entered in short position @39.20 with a stop loss of 40.50. The initial target is 1:2 @36.60.
Follow Chart Instruction. Dis-Investment Chart
The chart is showing clearly made "Head & Shoulder" reversal pattern and trading below the neckline. One can use it and short the stock at current level for the target of 116/111.5. RSI is also below 50 confirming the shorting decision. It offers a good Risk to Reward Ratio. Disclaimer : All ideas are my personnel view. Please take financial consultancy for...
On hourly chart Bitcoin has completed H&S pattern, also right shoulder had pushed down by resistance at 50EMA,and volume surge on breakout indicate short on Bitcoin.. Target1 9800 Target2 9300 Target3 8800 SL at breakout 10,400. Enter in trade if your analysis matches mine. Please Like for Alerts.
short axis bank below 776 T1 734 if do not sustain then short for T2- 668
HDFC is in range bound and touch the top of short term trend channel. Incase the price break out the channel then this analysis is void. Need to keep Stop loss accordingly Target 1 : 2220 Target 2 : 2191 Target Date : 26th Jul, 2019 (Chart is price vs time, so generally i predict time as well. Personally, I square off my trade if the target date is crossed.)
Nifty CMP 11525 In our previous post we highlighted how FIIs have turned bearish and what could be a possible scenario... Quote from previous post... "The Bears were happy to book profits. But We need further confirmation. If this Short covering rally is not backed up by fresh buying then Bears will know that Bulls have been cornered. And that might tempt them...
stop loss 552 1st target 525 2nd target 504