Price action lovers must be watching it like a hawk but we have lot of things to understand. Let's try to understand few...
1. Price action is showing that it has stopped making new lows.
2. Made a W Pattern already(We just need to wait for the neck line break).
3. Taking support at 200 EMA with gap also acting as support.
4. Volumes ? dont forget to look at the...
M&M | Flag accumulation is maturing, breakout may give us 30%
It has strong support zone for the last 16 weeks - almost 4 months.
CMP : 631 (Can buy upto 600) or buy above 660
SL : 560
Target : 810
1:7 risk reward from the dip (600 level)
Plan 2 - Levels as mentioned on the chart
& Plan 1 is
Be Proactive Trader
Better Insight, Better Trade Execution
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. ''I HAVE RIGHT, TO BE WRONG''
"Always Respect Risk"
The stock has already taken its support, and now trading near the support there is a price rotation, sellers and buyers both are active this the stock is not able to decide its route.
thus if the stock cross 211.46 it can move up-to 215.70 and still further up move.
Strong support level 206.65, if the price cross this level the stock will be bearish.
Bajaj Finance has already formed a descending triangle.
It has break its triangle in up-direction and now this stock is following an up-direction.
You can see in the chart i have mentioned "continues up-move"
after every continues up move the stock always form a small triangle and there is a price rotation.
The stock has taken perfectly it's support every-time.
WITH THE CONTINUATION OF BANK NIFTY IDEA POST OF TODAY
PROFIT BOOKING SEEN LEADING TO SOME FALL IN INDEX
BUT WILL IT STILL KEEP FALLING OR THE CRUCIAL LEVEL WILL BE RESPECTED ?
COMMENT YOUR VIEWS TRADERS 🤞🤞🤞
PREVIOUS IDEA POST LINK ATTACHED FOR REFERENCE 👇👇👇
BUY LONG TERM 3-5 YEARS
BOSCH LTD ,
CMP = 13440
TGT = 40000+++ ( 150%+ UPSIDE)
GOOD DEMAND ZONE + FUNDAMENTALLY GOOD CO.
+ GOOD DIVIDEND PAYOUT CO.
**This post is for educational purpose only,
please concern with your advisor before
investing in market related instruments.**
Zeta scanner Weekly Graph suggests Chlamandalam growth story is over.Just a big red candle and it will start sliding down. Also, just see the perfect automatic buy sell indicator by Zeta Scanner. Enjoy the trade !!
Price - ₹855 Dt. - 09-11-2020
Price is moving in range between ₹810.55 to ₹905.20. Stock closed in red and took support of 21DEMA. It looks like stock may come near 50DEMA, which is right below the support line. If stock bounces back from support line than it will be a buy signal.
this is chat i show support and ragisten
A1 ragisten top this ragisten man ragisten
A2 support second this is a brak tredine this time i guss buy and target man ragisten
or he break A2 support this time we guss this suppore A3 is become
finally A2 support and he break A2 support he can take A3 support
Friends, TATA STEEL reaching its Top level and its beautiful trend following stock. Keep it on your radar... and buy PUT at right time.
take trade with ZETA SCANNER WHICH PROVIDES PERFECT SIGNAL AT EXACTLY NICK OF THE TIME.
Earnings play: Max 3 day trade
+1-2500 PE- 8
+1-22650 PE- 20.5
+1-2850 CE- 25
+1-3000 CE- 8.94
-2-2600 PE - 20.5
-2-2900 CE - 18.95
Net Credit - +10305
Cap Req - 2.9L approx
BE - 2529-2971
Max Profit - 35305
Max Loss - 14695
POP - 88%