- Weekly time frame
- formation of Head & Shoulder pattern?
- Not great fundamentals on results since last 2 quaters
- upcoming earnings results on 20thOct,21'
- Supports/Targets at : 353.15/318/254.30
ICICIPRULI SHARE FOLLOWING DESCENDING TRENDLINE.
966 is a support level, once stock goes down below this we can sell this trade.
If stock break the trendline on upside then you should avoid the trade.
Short term target as per your comfort below 960 it can goes more down.
What's your view on this comment below in the box.
Hindalco has a very important 6 time support from where it has recovered several times before . Recently the stock gave closing near this support . If the stock manages to break the support this time then we can see very good bearish momentum and easy intraday profits can be made.
ENTRY : 474.0 (CLOSING OF 15 MIN BELOW THE SUPPORT)
T1 : 468.80 (EASY TARGET)
Weekly: downtrend (Corrective),broke previous LL
Daily: downtrend, Retest to weekly resistance LL
4h:dowtrend(corrective),retesting on previous LL
1h: uptrend corrective started, testing previous HL region
Short if 1.35890 level is broken and tested
BUY if 1.36081(weekly ll level) if broken and tested
Sl according to 4h TF
#BTC Gentlemen, once again I am here with a warning! There is a possibility for the price to reach $35k. All of my orders are awaiting the price.
BUT this might be a bearish trap and we will only see $40k. Afterwards an impulse upwards is possible.
Just keep this bearish pennant in mind.
Sell at 347-347.50
Target Buy :- 346.50, 345, 344
SL :- 348.50 - 349
This is not a intraday call....
this is only for education purpose...
let me know if i am wrong in this.....
Thanks in Advance.......
APOLLO TYERS trading on triangle pattern exerting to break upside for complete the pattern now its trading on down trend target will be 200...
LAUNCHING SUB BROCKER SOON SUPPORT US...
LIKE AND FOLLOW
BPCL is in a good Downtrend and there is no quality Demand on high time frame to hold or give a reversal
1 hour good Supply zones.
Both can be traded or trade only the Top Supply zone which is coinsiding with Daily Supply also is coinsiding 240 min Supply zone
Since planning for Intraday , Target should be 1:2 RR
Well, I was saying earlier that we would be heading for a correction but I didn’t know that it would be this severe.
But I personally think that there could be more downside action. We shouldn’t be afraid for that because it offers the opportunity to accumulate more and cheap crypto. But I'm still bullish in the longterm.
The next levels that I’m watching for...
GBPJPY has been on an upward trend channel for quite long time. It has approached a major resistance level now and has completely formed a head and shoulders at the resistance. It may fall a little, but the trend is still bullish. Let's see if the bullish run will end or not.
The Major pair EUR/USD has given breakdown days before and retested the level and now has came back for retest at the same level. Might see a fall from here upto the next support. 50EMA is also providing rejection and trendline as well. Lower Highs and Lower Lows formation showcases weakness.