GLAXO - HL Pattern near Supply ZoneGLAXO has formed a HL pattern with RSI gaining momentum above 60, Closing above the Supply zone is a good buy
Supply Zone
TATACONSUM IN DAILY TIME FRAME SUPPLY ZONETATACONSUM price getting rejection from Daily time frame Supply Zone. Short trade looks good at CMP 838 with stop loss of 864 target 790 and 770
TATA Motors : AnalysisTata motors has given 90 degree breakout after consolidation for several months. Possibility of breakdown is good.
Note:- This analysis is done on weekly time frame hence traded accordingly.
Creation of possible supply zone at higher level depicts the upcoming fall. If this zone is a supply zone then market coming down and retesting 400 levels is a possibility.
Possibility of consolidating at higher levels for few more days is good. Wait for it to close below recent low 470 levels which tata motors is holding for quite a while now.
Fib retracement is showing market is taking support from 0.286 levels. 380 to 360 is the golden zone.
I will enter into this trade and update this analysis here.
PS: Always risk what you can afford to loose no analysis is a sure shot. Trade as per your risk appetite and RR ratio.
#CRUDE OIL VIEW THIS IS NOT A TRADE RECOMMENDATION
the zones are very imp which i have told in this video
Coal india turning back coal india looking good to go long position as its taking a turn around from a buying zone
BBTC FOR MINIMUM 25%RESULTS WERE AMAZING.
TRADE wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
mahindra and mahindra chart analysismahindra and mahindra chart analysis for intraday and swing trading
Long & Short Trade via H&S pattern along with Demand & Supply H&S pattern is forming. Left shoulder and Head have formed. Right shoulder is under construction. This DDZ (tested) is at the "neckline" of the above formation.
The expectation is that prices will bounce from the neckline demand zone and go on to complete the right shoulder which should give us a nice little long trade. The expected upside potential from the neckline to the possible right shoulder top is about 8-9% (measured via the left shoulder height).
Trade set up: Since the demand zone is tested many times, look for:
1) Confirmation or T3 entry
2) Plan credit options trade like Bull Put or Bullish Jade Lizard.
