APOLLOHOSP is constantly forming Shooting Star's at major resistance , look for shorting opportunities.
Entry : 1265 - 1270 Range
Stoploss : 1296 (Closing Basis)
Basic Target: 1233
Optional ways : Derivatives are best case as expiry is just 7days away.
if you have any queries regarding above idea or any other stock feel free to D'M
Nifty trading in the middle of the channel.
The channel, “Gravitating Price” which is from (1) to (7) is a magnetic price toward it.
There’re 3 excesses already display in the chart.
In respect of excess(iii), Nifty will create excess (iv) presented which is the expected range of 10811 to 10600.
This range of excess(iv) will strongly attract Investors...
At Resistance Zone.
Other Details Mentioned In Chart.
Positional View For Educational Purpose Only.
Please Consult Your Financial Advisor Before Taking Any Decision.
I am not SEBI Registered Financial Advisor.
Hi Swing/Long Traders,
Reliance form Head & Shoulder pattern on daily chart
Coming close to near important support zone from here it has reversed 2 to 3 times .
Buying can be done in support zone with strict stop loss of Rs 1012 & for target Rs 1295 mentioned in chart.
Risk to Reward for this trade is 1:2.5
Mahindra & Mahindra is in a descending channel at a double bottom structure at a weekly support zone. The RSI suggests a positive divergence.
Target 1 - 566.
Traders can maintain a stoploss of 540
Traders can look for further targets after 566 levels have been broken.
Lt is in a falling wedge pattern which is at an important daily trendline. Traders can look to go long after the wedge has been broken to the upside at 1402.50.
Target 1 - 1432
Target 2 - 1465
Target 3 - 1538
Price is trading at a "value high".
Suppose to extend price rotation as drawn in the chart then Spike is ready.
The 30min can close above 148.7 then, 90% chance to make spike for targets 151.5 and 152.25.
While Spike volume should more than average volume, for instance, 2x volume will confirm the spike.
Support at 147
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Hi Swing /Long Trader,
BajFinance looking good for Long above breakout from Down trend channel for Target of Rs 3745.
BajFinance Preparing to Move outside Down Trend channel .
RSI & MACD indicate Bullish momentum as per chart.
Stock is consolidating near 200 SMA for past few days.
At Rs 2885 Stock is at important support of combination of 200 DMA &...