This is the most common diagonal that can be found out at the ending of a main trend or main correction. It consists of all the waves 1-2-3-4-5 in a single or multiple zigzags. They can be found placed at 5th wave of an impulse wave or can been seen as a wave ‘C’ of a corrective waves zigzags or flat. After the termination of the ending diagonal, a swift & a sharp...
Keep stop loss of 210 on closing basis and short the stock ITC for a target range of 180 & 160.
Coiling phenomenon taking place in TATA MOTORS. Take the trade in the respected direction of the Breakout.
Ascending Triangle or a bullish triangular wave structure. Buy for a target of 1000-1010.
Buy in the range of 600-590 , keep a stop loss below 580 for a target of 625/640's
Grasim-Good Buying opportunity here - Easy Intraday Trade if sustains above 614 Target will be around 618-620
Hi Traders, 1. A few weeks ago I shared my first post for Bharti Airtel where I shared a buying zone. You can see below how price moved around this zone taking support several times. First changing its sentiments to travel in five-wave structures to a corrective pattern (ABC). The journey in these weeks you can better understand the first fig. I...