JUBLFOOD | Pin bar @ Trendline support -Lets try a swing for 18% CMP : 2167 (Can buy in dip upto 2125) SL : 2070 Target : 2450, 2540
SELL 220 TARGET 214 TO 211 IN THIS STOCK NEAR RESISTANCE IT IS FORMED SPINNING TOP. SO IT MAY GO DOWN SO WE CAN GO FOR SELL TREND. WAIT FOR BETTER CONFORMATION.
Expecting some profit booking over the counters as spinning top formation and trendline resistance has been made on the weekly charts. also result is awaited , no emotion based position to be made. Happy trading :)
Descending Triangle formation on Bank of Baroda Chart. Descending Triangle is a consolidation pattern . According to the pattern, a possible downside breakout is expected. Watch the last 3 Candlesticks:- 16 April 2020 - Dragonfly Doji 17 April 2020 - Spinning Top 20 April 2020 - Long Legged Doji All these candlesticks are neutral candlesticks .
#RELIANCE facing resistance from supply zone. Spinning top pattern in the daily chart.
SHORT INTRADAY TRADE OCT FUTURES SPINNING TOP SHORT@290.5 STOP@293 TARGET@287 LOT:2400 QTY:1
STBT IN LUPIN TESTING 23.6% JUNE FUTURES SHORT@900 STOP@910 TARGET@885 LOT:600 QTY:2
Rain Industries was struggling near 400 levels from past four(4) months. and forming Spinning Long Range Candles, signalling supply pressure near those levels. Hence some decline was then seen in the stock, forming long bearish Candles. Stock might correct more , however there are no much sign of weakness on the charts. Price action should be observed near 300...
LOOK IN THE CHART GOOD RISK TO REWARD RATIO TRADE