ASCENDING PATTERN forming. It is forming an inside bar in daily buy above 281.9 with sl at 273.5 sell below 273.5 with sl at 281.5 Trail the trade. might be a big swing. ~Manage risk, reward will take care of itself
This is related to the banknifty one (see below) BAJFINANCE has run up beautifully inline with banknifty but at accelerated pace. It is sitting nicely at 50% retracement and the fatigue is visible on chart. It has made an engulfing candle today and considering the confirmed bearish bias on banknifty, this would follow. First target is the 38.2% retracement...
Sell BPCL today if it breaks yesterdays low. It has broken traingle pattern on daily chart as well as hourly chart This is for education purpose only
NSE:MGL BEARISH SETUP - Breakdown from a rising wedge pattern with massive volumes supporting the bearish momentum. Also the distribution phase can be clearly spotted with dried up volumes and a sudden breakdown with huge volumes confirms the charge of bears, thus a good downside move can be seen in next few trading sessions. View: Short on confirmation (once...
Daily Bajaj Finance Ltd Wolfe Wave Chart Strong Resistance At Current High : 3125 Strong Sell Sign At Point : 2950-2975 Near Take Profit 1 : 2700 Take Profit 2 : 2500 Stoploss : 3125 ( Current High) Please Note : 1. Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. 2. Please keep...
if open below 104 and hold their vedl going down , 1st target 101.85 and target 96.95 stop loss 111.1 Disclaimer: All posts/views are for educational purpose only..!! Kindly contact financial adviser before taking position/decision.
TREND ANALYSIS & TRADE SETUP Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. June Series Option can be tried. Wait for entry setup, if available then Long/short. Reward is 7-8 Times
Sell reliance for 1600 target. High volume follow through is required tomorrow. Sell below 1695 or follow 15min orb if price gaps down.
BandhanBank can be shorted with immediate target of 326. Below this level 303 looks to the important target below which current uptrend will be completely change. StopLoss should be used as 342-345 above which original trend continues. Current pull back has been on falling volumes. Although that is typical of any flag structure but this should pull it down to...
These are all just suggestions and only for educational purpose. * IOC should slip down from today * Not suggested to bet on upside
its at major resistance level wait for a reversal candle to go short
Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances,investment objectives, risk tolerance and, liquidity needed.
Shorting opportunity below 2650 level. (If it breaks) Always Use Tight SL as momentum is high in this Stock. Shower some likes!! If it helps.
Reasons: 1. Yesterday stock price was refused from 2.61 Fibonacci Level (calculated from last low 350) 2. Price is out of ellipse, wait for 630 level to get break down 3. Volume down 4. RSI High, Lose of strength Trading Strategy Probable short targets with Fibonacci retrenchment and support levels 562 (50%) 522 (20%) 482 (30%) take out the position if you...
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A wolfewave is forming on the daily chart with bearish divergences in RSI and MACD indicator to support it.
Nifty Future Intraday Sell ~ 9980, Stop ~ 10020, Target ~ 9850