I will go LONG on HINDPETRO because: The price is forming a Chanel or Rectangle Pattern . The price is also under Support/Resistance zone. It has touched the support (lower end of rectangle ) and may reach the resistance zone (upper end of rectangle ) . Target would be the Resistance area . Book profit when it reaches the resistance zone . Entry - 175 Target -...
I will buy BPCL because : It has been taking support at the trend line . It has touched the trend line 2 times and has not been able to break it. So will be looking at buying opportunities. Entry : 345 Target : 442/490 Stop loss : 327
I will buy GSPL because : It has been taking support at the trend line . So will be looking at buying opportunities. Entry : 192 Target : 223 Stop loss : 189
for past 2 days its been going on a sideways trend.
Tesla is in ascending triangle which has bias to break to the upside. Good fundamentals and strong demand. RSI is also in ascending triangle. I expect the price to either retest the uptrend line or break the $460 mark and go for $500. How to play this? So either buy the break of $460 or set a long position at $415 for improved reward. Good luck! Tibor
I will buy NAM_INDIA because : It has been taking support at the trend line . So will be looking at buying opportunities. Entry : 262 Target : 327 Stop loss : 248
I will go LONG on TORNTPOWER because: The price is taking support at trend line . It has touched the support trend line again . So will look at buying opportunities. If it falls below the support trend line then short it. Entry - 312 Target - 350/367 Stop loss - 300
I will go LONG on WABAG because: 1) The price is forming a Chanel or Rectangle Pattern . 3) The price is also under Support/Resistance zone. 4) It has touched the support and may reach the resistance zone . 5) Target would be the Resistance area . Book profit when it reaches the resistance zone . Entry - 183 Target - 224/229 Stop loss - 170
Entry - 1306 First target - 1270 Second target - 1234 Third target - 1158 Stop loss - 1338 I will short kotakbnk because : 1) It is forming a rising wedge pattern. 2) The price has given a breakout from the rising wedge pattern. 3) The breakout is downards so will short kotakbnk.
I will go long on icicibank because its forming a channel pattern Entry - 352 Target - 396 Stoploss - 347
NSE:ADANIPORTS On this stock Elliot wave theory applied and try to find a big move within this stock and what I found till date ** Wave 1 already completed and Wave 2 also with respect of Fibonacci retracement levels . ** On wave 1 we can see a impulse wave with leading diagonal formation pattern and clearly match with Fibo levels in shorter degree...
Reliance 2100₹-2120₹ sell will be active or 2075 below panic selling active for 2050,2030₹ oi data fut long unwinding is evident of seller are active..
I will SHORT on GRASIM because: 1) The price is under Support/Resistance zone. 2) It has touched the resistance and may reach the support zone . 3) Target would be the Support area . Book profit when it reaches its support . 4) The price is also forming a Chanel or Rectangle Pattern .
will go LONG on CESC because: 1) The price is forming a Chanel or Rectangle Pattern . 2) The price also broke the trend line . 3) The price is also under Support/Resistance zone. 4) It has touched the support (lower end of rectangle) and may reach the resistance zone (upper end of rectangle) . 5) Target would be the Resistance area . Book profit when it reaches...
The daily chart shows a beautiful wedge pattern with a tilt towards upward breakout. The weekly chart has shown a MACD uptick yet again and with closing above a strong resistance with good volumes the short term perspective is bullish. Key Resistance at 6550,6620 and 6750. Key Support at 6150 and 6000 Happy trading K
EDUCATIONAL PURPOSE ONLY! Hello Friends, Today you can sell zeel and itc.
Education purpose only! Hello Friends, Connect with me and learn trading based on pure price action.
Eduction purpose only! IOC is trading in small range once it breaks out we can see the one side momentum.