AMARAJABATTERY ANALYSYS 12.09.2022BUY : 448 TO 500
TARGET 857 TO 1041
Reason For Selling This Script :
In this script it has formed the side ways pattern for longer time frame. Now price came to support of the side ways. And it also forming the triangle pattern in monthly time frame.
Now the price has formed the support in bottom of the box. So we can go for buy as above levels. Once the price close above 1041 in monthly time frame and the next target up to 1533 to 1621.
Technical Analysis Used :
Box Pattern
Triangle Pattern
Double Bottom
Note :
Above given levels are based on monthly & weekly time frame . So be patience it will take some months to achieve the target.
ALL THE BEST ..
Short
Shorting opportunity in nifty!!When the price comes back to supply area (17724) good for a short trade with an SL of 17774
Managing the trade:
If the trade goes in our way
*Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost
*Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at momentum) and trail the SL.
*Exit remaining with trailing Stop loss.
Will a correction happen in ITC at least now ?ITC broke the trend line with high volumes.
*It has been in uptrend without a proper correction for uite a long time.
For Intraday can short ITC @cmp:327 - 328 with a Stop loss of 332.
If the trade goes in our way Targets will be
*Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost
*Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at momentum) and trail the SL.
*Exit remaining with trailing Stop loss.
For Swing can short ITC @cmp:327 - 328 with a Stop loss of 335 (Fib extension resistance area).
EURCHF AnalysisSetup Contains:
1. Stop Hunt (Buy Side Liquidity)
2. Tested HTF Orderblock
3. Structural Break (Bearish)
4. Expecting Return to Orderblock
5. Targeting Discount POI
FOLLOW PAFX & TRADE LIKE BANKS 💸
End of a Trend | AdaniEntVery possible trend change in this stock, lets see if price reverses or not
*for educational purpose , Trade at your own risk !!
ORACLE FIN SERVICE is nearing triangle breakoutNSE:OFSS is nearing triangle breakout
Entry : Conservative traders, wait for breakout with volume above average and then take position. For small SL, enter on strong close above 3180
Exit : When the setup is invalidated by false breakout, or strong close below the triangle's support line
Target : 4200, giving around 32% returns from current price of 3147.70. Follow trailing stoploss as IT stocks are in a continuous downtrend for long time.
Midcap IT related company with strong fundamentals & financials. Income statement is good, debt to asset ratio and PE ration are very low, contributing to the pros.
FII are constantly reducing their stake in this scrip from 2021 Mar, however the scrip rallied from 3000 to 5000 (66%) by the help of DII.
Key note : Always follow proper risk management to avoid losing capital from false breakouts as this is common.
Caution : This is a knowledge sharing analysis, not a call.
USDZARUSDZAR update, gave us a double top from our previous analysis, still bearish, on this pair, let's see howeverything unfolds
Expecting a downside in Grasim (Positional)NSE:GRASIM
I am expecting a downside in Grasim, because the price is facing resistance near the trendline, and the trendline has not been tested multiple times so it is a strong trendline. The MACD indicator is giving a sell crossover. The RSI is also moving down indicating a falling bullish momentum. So because the confluence of the technical indicators I am expecting a downside move in GRASIM. The SL an Targets are shown in the Chart.
Disclaimer : This is my own views and Analysis. This is only for educational purposes. It is not a recommendation, call or a tip.
GBPUSD AnalysisSetup Contains:
1. Stop Hunt (Buy Side Liquidity)
2. Structural Breaks
3. Expecting Return to Current Range's Premium POI (OB/IMBALANCE)
FOLLOW PAFX & TRADE LIKE BANKS 💸
GO SHORT ON SBINSHORT ON SBIN
This is a short term trade
The stock is formed grave stone dojji o n a daily time frame
The first target is 508 and if it breaks the second target is 495.
Dow has fall more than 3% due to fed reaction.
This is for educational purpose.
Asian paintShort aisan paint below 3300
Swing trade with sl 3415
With 2 target 3110 , 3050
Based on price action
Disclaimer - I'm not responsible for profit or loss consult your financial advicer before any investment or trade
Short nifty -- big downfall started target- 16672 , Sl - 17742Elliott wave theory wave count
target 1 -- 17212
target 2 --16919
target 3--16672
target 4-- 16023
Stop loss -- 17742
EURNZD AnalysisSetup Contains:
1. Wyckoff Distribution Scheamatic
2. Bearish Break of Structure
3. Targeting Liquidity Pool + Sell Side Liquidity
FOLLOW PAFX & TRADE LIKE BANKS 💸
EURNZD Analysis UpdateWe forecasted and shared our view of EURNZD , where we spotted this WYCKOFF Distribution Schematic.
And as per our analysis the market dropped immediately 😍
From the analysis -
We got 150+ Pips with 1:5.5+ Risk To Reward Ratio!!
Short Opportunity on EUR/CHFOANDA:EURCHF
We can see a good bearish trend on this pair and I have personally been shorting this pair whenever the price comes to a supply zone. We could get another opportunity to short if the price moves to the green zone as shown above.
A good 1:2.5 RR can be expected if the entry criterias match up!
Breakout in BALKRISINDBreakout in BALKRISIND
Entry: CMP
Target: 1888
DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
Breakout in PELBreakout in PEL
Entry: CMP
Target: 1710
DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
AUDCHF AnalysisSetup Contains:
1. Stop Hunt (Buy Side Liquidity)
2. Break of Structure
3. Bearish IOF Maintaining
4. Return To Premium POI (Orderblocks)
FOLLOW PAFX & TRADE LIKE BANKS 💸
AUDCHF Analysis UpdateWe forecasted and shared our view of AUDCHF. Where we were looking at 2 possible areas from where we can get into a short position. As the first area was violated the second and premium area worked out as we wanted.
Not only that, the market gave multiple opportunity to enter the trade ✅
The analysis gave us -
117+ PIPS, 1:4.6+ Risk to Reward Ratio!
EURNZD Analysis UpdateWe forecasted and shared our view of EURNZD, where we spotted this WYCKOFF Distribution Schematic.
And as per our analysis the market dropped immediately & currently
Running 93+ Pips with 1:3.5+ RRR!!
BREAKDOWN in PVRBREAKDOWN in PVR
Entry: CMP
Targets: 1685
DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
