Breakout happened buy after 223 and target 1 and target 2 for short term ,,,,,
All levels and trade idea is mentioned in shared chart Disclaimer : I am not SEBI registered advisor so take the trade on your own risk.
look for price action and its not a financial advice
There are two breakdowns one can see. 1. Flag and pole breakdown 2. H&S neck breakdown. For short-term, i.e today or tomorrow a safe target is 45900.
Short upl at 744-745 level sl 750 cmp 742. Stock forming rising wedge, retracement is around fino 60% ...double confirmation to short with very small sl for 725-28 tgt
Buy BECTORFOOD if it crosses 200 days EMA. Take SL at support level. Short term target - 460 Long term target is at all time high level - 620
Zeel at cmp 368 forming rising wedge. With 375 sl short it between 368-370 for target 344, tf 3-4 days..
Bharti Airtel showed a very poor uptrend marred with volatility. This leads me to believe that the uptrend was in fact weak. Now there seems to be a change in polarity. Bharti Airtel took a confluence of resistance from the trend line and its previous resistance. Preferred trades: 720 CE short. But be careful, Bharti Airtel is known to bring nasty surprises....
This is my Plan for Btc. We can consolidate for a While. If this happens we can see some alts pop as well. price can consolidate between 47k-42k there can be two possibilities
USDJPY is trading at the near Resistance Zone its a great opportunity to take short position now.
doing my first chart pattern analysis posting hope you like and correct me if any mistake
A clear pattern formation & its confirmation. Stock has formed a Head and shoulder pattern with neckline around 17200. Stock has already given a breakout in the previous fall & now retested the neckline and falling again. One should go short on current level with SL of 17900 & look for the target of 16300/15300 and the measured target of 15000 level.
Short/Sell ELON/USDT Target :0.000000591 Stop Loss :0.000002652 Signal:Negative Sentiment:Negative Crossover:Negative Timeframe:10-14 days Probablity:High Note: Some sideways movement expected before the fall. ABOUT MYSELF: Certified blockchain developer (PG Master's) from a top Canadian University. Bachelors in computer science (B.Tech) from a A grade...
Reliance ( RIL ) was forming Head and shoulder pattern in 1D time frame. few days back it has breached the pattern and made a good low. now it has passed the retest from neckline and faced rejection from the resistance, in my view Reliance can make a new low from here and i am bearish on this. Support zone can be Found as 200 day EMA.
in.tradingview.com As per Elliott wave theory, Ashok leyland is trading in wave4 and has formed a Flag pattern, this is at a good price and can be bought until 116 with a stoploss at 108. This can go till 183, with a target of 148 in short-term and 183 thereafter, hopefully in less than 6 months.
NYSE:BABA As per the FIb extension tool BABA's next support is $90 to $86 and it matches with previous support in Dec 2016
Note this is not a trading idea now but a post analysis of trading plan discussed in my previous update. We are looking at a 15 minute chart here, to see Nifty behavior in detail, corelate the movement with our previous analysis and see how useful Chart Analysis can be... The red zone can be found in my the previous analysis also... Refer to my previous...
Trade based: Overall it was sell trend. during the sell trend. in inside the hr tf. form a bounce back and also it broken. so, its a best time to enter for sell.