$NPXSbtc Not Following Any Chart Pattern
$NPXS is still in Bearish Mode ,
Swing will change if NPXS Break and Hold above 33 sato...
So Bullish Swing will start after 33 satoshi
As you can seen we have put 2 target on chart
first is Mid Term.
second is Long term.
We have also mention Support or stop loss Area on chart.
Note: This is only for Educational...
Falling wedge breakout.
Rsi Indicator is at strong zone.
Buy at Current levels.
Target 707 first. If it crosses, 800 is a good possibility.
Keep trailing stop loss now of 660 then the future targets.
The red channel reflects that the level has acted as resistance for Nifty. At current levels Selling Nifty has better risk::reward ratio.
Levels are mentioned in the chart
Take care & safe trading
The much awaited breakout happened in Maruti In the week before the last one only. But, it is better to not fall prey to failed breakouts. Hence I waited this week to confirm the breakout.
1) Strong Chart patterns —
Triple bottom formation with triangle pattern breakout.
2) Reclaiming 20WEMA —
So the actual wait was not just the triangle breakout,...
- After a sufficient fall, we see Dabur fighting and denying to break the downward support of 400 for the past 6 trading days. Today finally a green indicating a probable bounce back from these levels on the trendline.
- Looking back at how it fared with bollinger band shows a higher probability of reversal when it touches the lower end of the bollinger...
TFX break out of a wide consolidation range and reached a new all time high. All moving averages go up and the stock Shows a lots of strength. A possible target is 330-336$ and the stop should be round 285$
HBI is in a Long Lasting downtrendchannel. A nice bearish engulfing built up near the upper Bound of the channel in the Weekly timeframe that maybe Signals the end of the upside leg. Take a shortposition the next week.