BHARTIARTL | Can we call it as Cup & Handle formation? CMP : 528 SL : 495 Target : 600 I'm going long based on, 1) RSI positive divergence with price consolidation last 11 trading days 2) My visualisation of Cup & Handle ( Although it is not formed yet) 3) Simple 1:3+ risk reward setup
There are 3 reasons why I chose this stock for shorting: 1 - Rounding Bottom 2 - Stock has broken long term Trendline 3 - Resting right on support zone If tomorrow breaks 3000 then target 2900/2800 levels for swing. For Intraday can book profit in 1%
Breakouts on line! Also breaking psychological level of 7000. SL is 6800 around.
USDCHF extends the early week’s bounce-off 21-day SMA while directing bulls towards the key horizontal resistance ahead of the Swiss National Bank’s (SNB) monetary policy meeting. Given the overbought RSI conditions and the SNB’s anticipated hawkish tone, despite no range expectations, the pair is likely to step back from 0.9375-80 resistance area comprising...
NIFTY | Likely to hit 15000 - 1:4 risk reward (Risky trade but surely worth the bet) CMP : 14780 SL : 14720 Target : 15000 Cup & Handle formation with Trendline breakout and retest
Tata consumer is standing at very crucial support once the ressisrance is broken and sustained we might see an up-move.
Simple and clear. SL: 31.15 around.
ICICI Bank swing trade levels on 24-03-2021
KOTAK Bank swing trade levels on 24-03-2021 Disclaimer : All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Gold prints a corrective pullback while holding $1,730 amid early Wednesday. Though, the yellow metal keeps rising wedge confirmation to favor the bears. As a result, $1,724 and $1,718 are likely immediate support to return to the charts ahead of directing gold sellers to the $1,700 threshold. Should the quote drop below $1,700, the monthly low near $1,676 will be...
BANKNIFTY | Can we expect some mercy from BANKNIFTY - 800 points CMP : 33500 SL : 33250 Target : 34300
NSE:PIDILITIND Levels already mentioned.. Good for Swing... Appreciate our work by like, share and following.. Note: 1. Views are personal. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline not the big target... 3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views...
Today I've taken a long position in ACC as it has given an ascending triangle breakout with 20 day and 50 day moving average golden crossover. My entry was at 1873.90 Stop loss at 1751.20. Target : 2119.45 Stock is trading at all time high that is why I have kept 1:2 risk reward only. How many of you have also taken entry in this stock? Please do let me know....
DRREDDY | Low risk simple supply and demand play - W Pattern - 20% opportunity CMP : 4510 SL : 4240 Target : 5450 Almost 1:4 risk reward setup Attached weekly chart in comment section, it is taking excellent support near the previous swing high.
HINDALCO | Flag pattern - Already multi year breakout occured, momentum looks good for doubling CMP : 331 (Dip till 320) SL : 305
Already forming higher lows continuously as a bullish sign.