Hcl tech price is increasing but volume is dry. 1052.5 is SL There are negative divergences. It may fall as per chart pattern and MACD indicator.
Short on Daily Time Frame on 11.10.2022 Reverse flag on 1 hourly Time frame Reverse Flag Details Pole Start (06.10.2022; 10.15AM) Pole End (12.10.2022;10.15AM) Pole target matches with 1:1 Risk reward strategy on daily time frame on 11.10.2022 After trend line analysis and Bollinger band strategy the Risk Reward COMES TO 1 : 4.5 Target- 498 SL- 528 Note:...
All the details and key levels are mentioned on the chart. Without sure confirmation don't enter long on the breakouts . False breakout and Sell off will be a major scenario. 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...
SHORT BETWEEN 1804-1807 with slabove 1815 target 1= 1775 target 2=1760 Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
Axis bank is continuously moving in a channel. Now it made a bowl pattern at its resistance level from where it can give a 2-3% rise if breaks. Another point is that we can see a good fall if it faced rejection. It can later go up to the lower level of the parallel channel . As of today, it closed with good volume if the market opened in a good range then...
XAUUSD just broke bullish market structure. It failed to break Higher high and created a double top which will be confirmed as it breaks below 1705. Will be entering short as it breaks below 1705 and confirms it on hourly chart TP 1 will be 0.5 Fib which is 1672.05 and TP 2- 1658.42. will go for TP 3 1617 if it breaks below golden pocket of 0.618. My SL will be...
SGX Nifty Trading Negative Side As Per Price Action SGX Nifty Immediate Resistance is @16982 Second Resistance is @17053 If SGX NIFTY Crosses Above @17053 Then It Will Turn Bullish For Tomorrow Only SGX Nifty Support is @16025 SGX Nifty Breaks Today's Low @16011 Then It Will Fall Upto @16861 Then It Will Consolidate For Some Time Then It Will Breaks Towards Down...
NSE:SAPPHIRE This is swing trade The stock has a resistances zone on a daliy time frame. Also The candles have wicks on upper side which single rejection . The target foe downside is 1335 first target and second and final target is 1232. This is for educational purpose.
According to the chart pattern it is possible it will downgrade down to 1080-1100 within 3 months or less sessions.
1. Doubler top 2. Break below neckline 3. Support turn Resistance
These big candles indicating that price is at supply zone in higher TF Price failing to breach these levels and go up Even though price is again and again going back to its supply zone 1) It is creating lower lows in lower time frame 2)Getting rejection from 0.786 Fib levels in intraday All the levels are mentioned in the chart what the price comes there all...
ETH broke below symmetrical triangle, retested and confirmed it. Target of this symmetrical triangle is 9% with SL of 5%.
short dabur 565 Sl above 570 target 551 R:R 1:3 Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
EURUSD been in downtrend channel for so long I still expect it go down since DXY about to tap lower trendline as well. which is around 109.7. If EURUSD breaks-out my targets will be around 0.5 fib and 0.618 fib level which are important level of Fibonacci.
Sell @ 81.40, and carry the trade if closes below the sell price on hourly basis else retake the entry on hourly candle which close below 81.40. Stoploss and targets are mark in the chart. Note:- Only for educational purpose.
Gold already broke below important support of 1680 on daily, weekly and monthly timeframe and flipped it into resistance. Also we are trading in downtrend channel from 2070.42. We rejected 0.5 fib level on hourly timeframe. Expecting it to bottom out around 1560-1550 have short open from 0.5 fib level to down 1560 with Sl on atleast 2% (would add more if we spike...
NSE:M_M Mahindra & Mahindra facing trend resistance in the monthly time frame, which would be seen as great shorting opportunity for the short period Chart indication - Sell Stoploss - 1340 Target - 1230, 1195, 1080