HEAD AND SHOULDER PATTERN (SELL SIDE)SELL : 392
TARGET : 253 TO 214
Reason For Selling This Script :
In this script it has formed head and shoulder pattern in in monthly time frame. Once this price close below the 392 in monthly time frame and then try sell. Waiting for neckline breakout.
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
LUX INDUSTRIES ACCUMULATIONMakkale we got another scrip from textilte sector and it's in hosiery business. Yes, we've to choose different sectors for long term purpose which is ''Diversifiy" our portfolio. I beleive that when the population increases and the hosiery business tend to emerge.
The scrip is none other than '' LUX INDUSTRIES'' wait for the marked levels and start accumulating first 30% here after the confirmation.
Do your own research also. CHEERS!!
If you get something useful from my post, kindly LIKE,FOLLOW and SHARE to your friends and families.
Thank you for following.
Reliance is looking bearishWe can short reliance for some easy money.
Reasons behind it
1. a negative breakout of a rising wedge on 1hr time frame.
2. Bearish engulfing on 1day time frame.
Fundamental reason.
1. the biggest reason behind the trade is that reliance always falls after its results you could even backtest it.
Asianpaint can go Down in Wave 5.Above is the view of #ASIANPAINT which can go downward from 3100-3120 range, of smaller blue Fibo 0.786 as one can see in above chart,
Also which can be the area to short the price & start of the 3rd mini wave of minute wave 5 .
Please take in consideration, If the high i.e. 3163 is broke then the counting is Invalid.
Note - View's provided are for Educational purposes only, please do your own Research.
Banknifty 20th April 2022 - Intraday Trade AnalysisAccording to previous it was decided to sell whenever it makes negative candle near 37000. And this happened today.
Banknifty
Flat opening - Will wait for retracement before selling again. No immediate trade due to 1000 points move in the last hour.
Gap up - Will wait for shooting star or 5 min red candle and then sell again but for smaller target.
Gap down - Will look for buying price action near 36000. Because it has become support now.
So, 36000 = Support and 36500 = Resistance1 and 37000 = Resistance2
Thanks
IFCI -- SHORT TERM - 10-20% IFCI -- HOURLY CHART. -- Look 10-20% profit potential 10-15 DAYS time frame.
>> stock has trendline support at 12.25 level as well as double bottom formation also seen exactly at this line higher channel this both indication bullish from current cmp 12.30
>> stock has potential profit 10.20% from current cmp 12.30
BUY IFCI @ 12.30
TARGET 13- 13.50- 13.75 +
stop loss 10.75
** this idea is for educational purpose ** trade at own risk
** HAPPY TRADING . !
BTCUSD CUP&HANDLE PATTER !Cup&handle pattern formation on BTC on a 30min timeframe ! Target should be around 39180$ !
🚫Disclaimer:
🔹I'm not an financial analyst! I'm sharing this with public! It just learning purpose only! If u find anything wrong with this post ! U can tell me ⬇️ comments!
🔹incase of BTC crash ! This chart is invalid !
Thank you!!!
😊😊😊
Titan looking good for an intraday tradetitan has formed spinning tops near the rising trendline with high volumes indicating strong indecision.
It breaks down below the rising trendline, it may try to touch the lower level marked on the chart.
if it breaks out of the previous swing high, good for a buy trade but one needs to wait for confirmation of breakout as the stock is in a correction on the daily timeframe