Trendline has been broken, it will go down further to support area. More than 2700 points profit.
Accumulation is going on. Price is printing above .618 fib level. Price is printing within narrow range. Entry may be made at bottom of the range near 68.75, keeping SL near 66.9
#TRENT SOMETIMES WE TRY REALLY HARD TO SELECT STOCKS FOR #investments AND FOR #trading BUT LOOK AT TRENT CHART STRUCTURE FROM LAST 10 YEARS. NO INDICATOR, NO OTHER ANALYSIS WAS REQUIRED #NIFTY #StockMarket #stockstowatch #niftywizard
FSL has given breakout with Good Volumes. Would go long on market open 2morrow SL 46 Close based. Target Open since stock is on Verge of Breakout on Weekly.
everything on chRT
On Sunday, during our weekly analysis we anticipated a high probability of a short term bullish move up to the structure at 107.30-107.50 where we have monthly Support S1 located. This structure was very strong in the past so now after testing this area, this time from below we may expect a move down to at least 106.00 area. At the 4 hours chart, at the moment of...
RPower CMP 48.50 Last time, we were able to capture the stock movement right from 36.80 levels to 62 levels where we highlighted the zone of 58-62 being important The stock has come down exactly from same levels... At current levels the charts suggest the stock is back at important support levels & zone of 45-48 may act as strong support ... Buying at...
UPL Positoinal Buying Opportunity Based on coming off long term support structure with bullish breakout which sustained even when index was sliding down. Good RISK TO RERUN RATIO. I Ideally play 1:3 return so i dont mind losing some trades. This is an aggressive trade. FOR EDUCATIONAL PURPOSES ONLY.
I always love to trade such a chart but on 5 min. time frame :) Not possible ?? Yes, its possible.. but we will discuss on this topic later in some other post. CORRECTIONS and the ELLIOT COUNT: In this chart I can see three major correction. Each one having a different topping pattern. The first correction has a Rising Wedge; the second has Triple Top and...
Classic definition of a bull market is the market having a structure representing higher lows and higher highs . But when the market breaches a significant swing low, it also breaks the bull market structure. Why are Swing Lows important? While most of the long to medium term smart bulls enter at swing lows, many swing traders and medium to long term investors...
NSE:PNB is showing good market structure with rising volume on up-moves. * See those green volume spikes. Short-term target would be intermediate resistance of 129. Stop-loss would be a good trendline break.
NIFTY LOOKING AT THE PATTERN ..WHENEVER GAP UP HAS BEEN OCCUR STRONG SUPPLY SEEN LATER AFTER BREACHING TL .. AS RBI POLICY IS AHEAD SO IT WILL BE RISKY SHORT SETUP AT THIS LEVEL 8740 WITH STOP OF 8780 WHICH WAS EARLIER STRONG SUPP WHICH CAN ACT AS RESISTANCE NOW .. TARGET FOR SAME 8695-8655 #RISKYNFSHORTSETUP