Nifty index Gap opened witnessed sustained buying interest for the 3rd trading session of week. Bulls rallied to the Hurdles around 10222 level but in the mid-session Bear is the strategic warrior who waited for the perfect timing shot to hit the Bulls at this levels. Pushing down index around 80 points from top in intraday the Fight continues and was promising...
Nifty index Gap opened witnessed sustained buying interest for the 3rd trading session of week. Bulls rallied to the Hurdles around 10222 level but in the mid-session Bear is the strategic warrior who waited for the perfect timing shot to hit the Bulls at this levels. Pushing down index around 80 points from top in intraday the Fight continues and was promising...
Jet Airways
CMP 860
The stock is at resistance and can be looked for selling opportunity for targets of 848 / 828
Keep a stop a tad above today's high around 866-868 levels
Take care & safe trading...!!!
Hi,
A Potential bearish harmonic bat near completion on 15 min chart in confluence of trend line resistance.
Note : MACD 4C giving bearish divergence.
Trade levels as follows.
Entry (Price Reversal Zone) : 354
TP1 : 337.4 (38.2%)
TP1 : 330 (61.8%)
Stop loss : 359.5 or higher
Always watch price action before making entry ( for a better risk/reward...
Hello Traders,
I have spotted Bullish BAT pattern on NTPC. Potential Reversal Zone (PRZ) is highlighted on the chart. This time, we have little wide PRZ. It is made of 1.27AB, 0.886XA and BC Fibonacci ratio confluence. Once price enters into the PRZ, one can take a long entry. This potential swing trade has a risk/reward ratio of 1:1.4 for Target-1 and 1:2.3 for...
The stock is having good frequency around Pitchfork and trend line. One can enter long here or on dips with stop loss of 1210 on closing basis for a target of 1315/1345. I know it is making lower low and lower high clearly in downtrend but trading a pull back expectation. It may achieve target fast in coming days. Divergence are also supporting the idea even if it...
