WEAKNESS SEEN IN BATA INDIA. WE CAN SEE THAT BATA INDIA STOCK HAS FORMED A EVENING STAR CANDLE ON DAILY TIME-FRAME. CAN ENTER SHORT ENTRY AFTER PRICE FALL TO 1438 LEVELS.
1- BEARISH BAT FORMATION 2- STOCK AT PREVIOUS TREND LINE resistance 3- STOCK LOSING MOMENTUM ( RETEST ARE deeper ) AT 15 min chart there is a formation of bearish engulfing pattern price has respected previous trend line resistance and short term trend lin e resistance ( short entry after breakout of smaller time frame support trend line )
Buyer's are shorting their posiitons. The price is bound to come to 50% level. Some buyers are their. be careful. however, if in our favor, this going way down!
Chart: 2HR RSI: Bearish divergence Channel: Upper end A 6% drop can be expected. Use your own SL levels (prefer), if confused follow the mentioned levels. CMP: 207.2 Expected Level: 194.55 SL: 219.85 (This is only my opinion, not financial advice. Consult your financial advisor before making any decision based on it) Animesh Vashisht, CFTe
The left side to the right, each excess have tails before the turn. You can see with both eyes at excess(f) has started to create TAIL which is -ve for long and indicate for reversal the trend. With TimeCycle analysis, 1st-phase has 43bars and 2nd-phase and 3rd phase till continue. Turn on your eye on volume, it's reducing. Prev. Resistance is at ...
Hi Guys, As you can clearly see in the chart, Brent is entering into the resistance area and also retraced 61.8 percent. it might fall from here after consolidating for some time. wait till it comes out from the area and short when it comes back to retest. good Risk reward from here in the downside. Not a financial advice.
Short sell if it does not breach the resistance by 20th April 2019, i expect a three drive formation
PowerGird broke structure
Reliance Infra short opportunity 1 target 100 second target 50
Escorts Broke leaner support, broke bearish flag 745 possible
Nifty The red channel reflects that the level has acted as resistance for Nifty. At current levels Selling Nifty has better risk::reward ratio. Levels are mentioned in the chart Take care & safe trading
Mos completed a HS Formation with the break oft the neckline. Midterm target is 20.00-23.75$. Lots of Long term and mid term supports there. Profittarget of HS Formation is the distance from neckline to the top of the Formation.
WIPRO reached intermediate resistance , look for shorting opportunites below red zone. Entry : 280 <=> 281 Range Stoploss : 285 (Closing Basis) Basic Targets: 275 , 270 if you have any queries regarding above idea or any other stock feel free to D'M Recently We launched, TruStox Community a community driven platform for Traders with almost...
Short and hold the position until it breaks the 20 day moving average.
APOLLOHOSP has given weak breakout of Channel Drawn(By Menka), May result in False Breakout! Entry : After Closing Below last candle ,look for shorting from Given Red Zone Near.1250 Stoploss : 1285 (Closing Basis) Basic Target: 1200 Then Trail till lower white Trend line A Good read for all : why-teamwork? if you have any queries regarding...
The descending triangle formed in the counter paints a bearish bias in the counter. The price is currently at a support zone, however, we expect it to break paving way for a short trade. Hence, traders can go short only after a bearish candle closes below the support zone.
BATAINDIA has made -ve 3Star Candle Stick Patter with Bearish RSI Divergence, seem like after burning many hands its thinking to go short. Entry : Strong Closing Below Red Line Stoploss : 1430 (Closing Basis) Basic Target: 1330 if you have any queries regarding above idea or any other stock feel free to D'M Recently we launched, TruStox...
DLF is forming a bearish gartley pattern and may go down. Potential Reversal Zone is between 206-215. Entry can be - Trend line break down or near 207-208 with a stop of 212. Target 1 is around 184.