Everything is mentioned on chart.... Do your own study before making any positions.... :D
GSFC CMP 119.3 Observations - 20 day EMA crossing below 50 day EMA - 122-124 important resistance level - 112-108 important support zone - below 115 Head and shoulders pattern starts getting stronger - Probability of the stock going lower increases if it takes out 112-108 levels - Target zone for the pattern 94 / 86 - View gets invalidated if stock...
Operating in Consolidation Triangle.Will wait for the break out. Volumes seem low, Triangle completion expected LTP @ 174 Short term in this week, @166 To watch: How it breaks the triangle.
A strong support at resistance and we can again see the stock moving 660 levels by the end of expiry. Hold and keep adding at lower levels.
Buy Axis Bank around 500-503 cmp (501.75) for intraday target 516 + with a small sl at 496. Incase axis bank opens tomorrow below cmo of 501.75 then please avoid the trade.
It has been observed in daily chart cup and Handle break Out watch near 410/420 for Target 490+ stop loss 400.
Two Flags of consolidation. 4Q announcement
Post bottom reversal, the stock has been trading in the Symmetric Triangle in intermediate trend running across weeks. The Triangle was breached with Bullish expectation, and the stock is righ now in tilted rectangle - almost like a flag consolidation amidst a rally. Would be expected to break out and rise with gap.
Short Term breakout watch near retest of BO level for Target 95+ stoploss CB 80
A Bullish Harami Cross pattern has been observed in daily charts of ONGC stock. It is a good bullish reversal pattern, which is even more significant than a regular Bullish Harami. Recognition Criteria 1. The market is characterized by a prevailing downtrend. 2. A red body is observed on the first day. 3. The Doji that is formed on the second day is completely...
I have choose last fall High-low as important point and first gap down of this correction as my guiding direction point, If I have choose right point then next move be toward median line to get , which is down, max three to four candles can be now wait , else this possibility should be negated , Disclaimer : This is for learning purpose , anyone has view please...
CMP - 942.65 Infy has formed a pinbar on a strong weekly support . Also, you can say it's a double bottom on recent data. I have drawn the various levels you should be aware of. Everything is there on chart. You can trade accordingly with your strategy. Thanks. I'll update the idea whenever I'm watching it. If you have any doubts, opinion or...
Apollo Hospitals CMP - 1232.05 SL and Target marked on the chart. Reason - It's in downtrend, and trend continuation is what I follow as it provides a good R.R.R. ( in this case 1:4 ) Here, prices have trended down, consolidated, can be expected to move down more.
Morning Star candlestick formation on Weekly chart of Century Tex, which is giving bullish trend for short term. It's a short term recommendation. Trade: Buy Above = 813 Target 1 = 906 Target 2 = 978 Stop Loss = 747 Reward Points = 165 Risk Points = 66 " Happy Trading "