1. head & shoulder formed 2. with strict sl one can go short
1 . hindalco forming bearish patterns 2. head& shoulder pattern formed 3. inverse flag 4. abcd may happen in harmonics 5. with strict sl one can go short
You can enter with the configuration, this can be a good opportunity.Do take care of your risk management.
Chart pattern looks prudent and paving way for the above titled short view REASONS 1. Apollotyre has been trading inside the Expanding Triangle ( shown below - Monthly wholesome view ) 2. Now, it seems it has finished the upswing move and ready for downswing inside the channel . 3. Weekly time frame shows the Ascending channel in which it is...
[Ethereum equals BTC in a dangerous head and sholder formation. Losing there in the region of $1,680 breaks the neckline. I put the measure move of the high leg of this head and holders, vertical line in red and it's coming to $1,240 and it seems exaggerated but that's it. Now we are looking for the $1.700 region and it won't be good to miss it. After that the...
nifty again entering into the profitbooking zone .after making good bul run from 17800 nifty stated showing more red candle than the green candle which is indicating either profit booking or market is prepareing for a big move in either direction. hence is caution to be long without strict stops.
1 . good oppurtunity seen in balramchin as head & shoulder broke down 2 . with strict sl one can go for short 3. respect sl
Hello, today EURINR have short it,as per our technical indicator
Hello , today 18 may 23 USDINR may short for strong support 82.3450 & goes to 82.31 ,82.27.82.24
PVR-Inox setup for next 2 weeks in cash. Looks like Support level of PVR at around 1492-1480 is broken and the price has come for retest. Will create a short position here for target of 1380-1365 with a stop loss at 1492 . The company has weak fundamentals. The covid period has disrupt the company's earnings and booking negative profit as of now. Since...
NIFTY IT - be very very very cautions on positions. this index setup is looking really dangerous. Longs are advised only above 29400. If this scenarios gets played out, there other possibility is that it keeps consolidating for 2-3 years between 29400 and 27600 band. That will cause opportunity cost. Use discretion!!
ENTRY TARGET SL Mention in the chart. ALWAYS TAKE TRADE WITH CONFIRMATION 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.
Hello, today 16 May 23 UsdInr have next Support 82.2675 ,82.1725, next resistance 82.2750 82.3075
I don't know why othere are talking about head and shoulder patterns however market is in a downtrend and there is a clear elliot wave structure. Target profit level should be 25500 however it is likely that it will go even lower.
This is a very good opportunity for new comers to learn market behaviour and see how price behaves in the market from inflection points. Marked areas are inflection points for the stock. Two types of trades possible here. Sell at the resistance with potential sellers or wait for them being taken out and buy the strong breakout on the upside. There are always...
The stock has reached the breakout level according to the setup shown on the chart. May test 3250-3260 once. If does not sustain above, may come down to 2970/2850. All levels are indicated on the charts. Only for learning and sharing purposes, not a bit of trading advice in any form. All the best.
Hello guys, Hope you all are doing well. In my Analysis EURO is loosing its upside potential and uptrend so once the price reached at resistance level we may take a short position in EURINR and we can carry this position till end of this month or end of next month to get better results. Hope this will Help. Thanks. Amit Sharma.