JK CementLooks like the formation of rising wedge pattern on chart of JK Cement.
Most probably the price will come to trendline again for re-test and will take position there and can expect target of 2850-2700.
Shorttrade
USDINR go downside on 18 May 23 short Hello ,
today 18 may 23 USDINR may short for strong support 82.3450 & goes to 82.31 ,82.27.82.24
NIFTY IT has built a weak patternNIFTY 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!!
Intraday Sell Opportunity for RAMCO CEMENTSELL only the Previous day day end range is broken with good risk reward
Short on EURUSD pairIn daily chart EURUSD formed the bearish candle with strong selling Volume candle.
In 4hr Time frame it has formed Falling Wedge Pattern and make breakdown for downside.
-------------------------------------------------------------------------------------------------------------
Risk and reward In this trade will be 6:91
Entry At : 1.09761
Sl will be : 1.10307
Target 1 : 1.08394
Target 2 : 1.07164
Final Target : 1.05990
---------------------------------------------------------------------------------------------------
This is education purpose trade.
Please take advice from your financial adviser before taking any trade in live market.
-----------------------------------------------------------------------------------------------------
For more update Stay tuned with us.
Trading Cafe 24
Thank you
hal on resistance levels ready for retracement on downside ....hal has been seen on resistance level although it is its third resistance point so follow strict stoploss.
its average candle is 80 to 90 points so targets may come in single shot also .....
ASTRAL SHORT HI guys!!!
astral red candle are full and filled with volume to drive it down till the bottom line!
SHort traders keep a keen eye on this
INJ at Falling Wedge PatternINJ/USDT at 15min. Chart
Presently INJ moves as per #FalingWedge Pattern and as per that its final cycle goes to downwards and then next final as uptrend up to 8.5 to 9 dollar...
AUDJPY Short Analysis [ Setup ] , Sail it or lose it AUDJPY has tested the resistance and got rejection from there . There is 4 hr trendline and breaking it can lead to our target which is shown in the chart . Take entry only after confirmation . Stop loss can be put above high's .
Bajaj Auto Formed Shooting starBearishness appears overpowering the stock fueled by weak sales data for entire Q4, when compared to YTD.
6th April's candle indicating bears in power with long wick, which is also coinciding with Harmonic Potential Reversal Zone with some buffer points.
With Above the High of 6th April as SL, downside moves may be witnessed on chart in coming sessions.
Let's see.
COAL INDIAHi guys, In this chart i Drew My Best Levels in COAL INDIA for short position using 15M Time frames....I am in a downtrend right now so shorting is better, I found a good level here. I Observed these Levels based on price action and Demand & Supply which is My Own Concept Called "PENDAM ZONES" ... Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
RelianceGartley Harmonic Pattern has activated in Reliance in 2H timeframe.
Potential Reversal Zone according to the said structure appears in the zone of 2366-90.
Let's see.
Positional Short on Torrent Pharma-Timeframe March 2023NSE:TORNTPHARM CMP 1489, Target 1350, Time frame march 2023. Expecting the Torrent pharma to trade at the levels of 500 by march 2023. Based on the continuous downtrend for the last 3 consecutive months , and expecting to touch the lower end of the Bollinger band . Expecting the target to hit within next 1month . One can trade sell futures at CMP or buy put options in Torrentpharma with the target given . The view is mine . It’s not a buy : sell recommendation.
BTC New Update | Short 🔻 @25k$BTC - 1H Timeframe Analysis
BTC is currently hovering around the support level of 26500. However, it is anticipated that this support level will be breached in the near future, resulting in a decline towards the 25k mark.
bitcoin temporary moveif you see btc is coming towards this zone which is $27600 short position are quite stable and less risky appear from there ,
this is not a financial advice
check link in bio
btc in danger zone if this happensbitcoin has surprised many of us , we have been witnessed a rapid week of bullish but it all came after a deep dive of $19600 and now btc is trading around $28500 what major concern here for bullish reversal here is
if it comes below $26330 then short position will make their high posittion
for further check the bio
thanks!
BAJAJ FINSERVHi guys, In this chart i Drew My Best Levels in BAJAJFINSERV for Shorting in Positional, Observed these Levels based on price action and Demand & Supply. Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
Ultra tech cement SELL for 27-28 Febin.tradingview.com
There has been some liquidation on the charts and OI has increased around 6% indicating a short build up hence initiating a SELL 7175 levels. Although this trade should be taken keeping in mind nifty is at oversold levels and can witness a sharp shortcovering spike anytime during the day.(27th Feb 2023)
ABFRL : Short Trade OpportunityGood Day,
Hello Traders,
ABFRL is ready for a big downside as it went through different phases
Firstly, it was in a parallel channel upside from Feb 21 till May 22.It incldes a HEAD and SHOULDER pattern which it formed during this phase.
It broke the neckline in June 22 with a heavy sell off in the weekly candle.
Suprisingly , it rallied since July 22 till Oct 22 unprecendently.
It followed up with a Big sell off..
This time around the Sell off is done with Heavy Volumes.
Big downside is evident. Good candidate for Short side.
Time Frame : Weekly
It also depends how market behaves.
Chart Self Explantory.
Disclaimer : I am not SEBI registered analyst, this is for educational purposes.
Please trade as per your risk and do consult with your financial advisor before taking any
trading decisions..
If you really like the analysis , please do comments, LIKE and Follow me.
Short Nelcast : Downside Evident
Good Day,
Hello Traders,
Projected Target as per Head and Shoulder Pattern, if it executes properly once is breaks the neckline of 94. Lets see, how it behaves.
A good possible downside is evident.
Time Frame : Daily.
It also depends how market behaves.
Chart Self Explantory.
Disclaimer : I am not SEBI registered analyst, this is for educational purposes.
Please trade as per your risk and do consult with your financial advisor before taking any
trading decisions..
If you really like the analysis , please do comments, LIKE and Follow me.
Adani Enterprises at an important levelAs we can see on the daily time frame Adani enterprises at an important Fibonacci level which is 0.382 we can probably see a reversal from this point. we can enter into a short trade if trend line on the 15 min chart is break also we can achieve big target in this trade but with the proper segment selection and position sizing.
