FALLING WEDGE, SHORTCOVERING, RELIEF RALLY WHATEVER YOU MAY CALL BUT ALL I SEE IS A SHORT TERM BULLISH STRUCTURE. DO HIT A LIKE AND SHARE YOUR OPINION IN THE COMMENTS.
A breakout above orange line will lead to a new all time high a breakout from the wedge on lower side will lead to correction. Dont forget to join my channel mention in my profile. ALL THE BEST
BUY THE DROPS AND CONSOLIDATE. BLUE ZONE IS IDEAL SHORT TERM BUY LEVEL AND GREEN AS NEAR TERM TARGETS ALL THE BEST!
GOOD BULLISH STRUCTURE WITH FAVOURABLE MOMENTUM. USE TRAILING STOPLOSS. ALL THE BEST.
INDUSINDBK SAW AGOOD CORRECTION IN LAST COUPLE OF MONTH AND NOW THIS FORMATION OF I SHS INDICATES THE TREND REVERSAL AS PER THE CLASSICAL . TRADE CAUTIOUSLY!
zone marked with blue line is a strong fib retracement support and failure to hold the same will lead to further downward move, all the best!
looking good for a test of 310/320 zone in coming days. I hold a position from the lows of 250 so have nothing to loose but to add some more to my profits. do hit a like if you agree with the idea. JOIN MY CHANNEL TACHARTS FOR LATEST UPDATES ON TRADES.
if it holds the chart as per analysis then I will stay in the trade for higher targets. will update it in my channel as the momentum develops.
LOOKING GOOD FOR A RUN TO 700+ IN COMING WEEKS. INITIAL THREE TARGETS CAN BE USED FOR SHORT TERM TRADES. DO SHARE YOUR OPINION IN COMMENTS. ALL THE BEST.
BHEL should be making some bullish move in the coming week if nifty does not do anything silly. ideally I would recommend to buy the breakout and trade accordingly with momentum. all the best and do share your opinion in comments.
I would have loved to see tata motors to consolidate at lower levels before a successful breakout but it seems we will see small bullish move for now while nifty is looking good. buy on the breakout from blueline and use trailing stoploss. do hit like and share your opinion in comments.
BLUE IS THE IDEAL BUY ZONE, STOPLOSS SHOULD BE BELOW CLOUD SUPPORT TARGETS MARKED IN GREEN. GOOD RESULTS AND NOW LOW OIL PRICES BOTH ARE RECIPIE FOR AN UPTREND.
BREAKOUT FROM RISING WEDGE WILL BE AN IDEAL ENTRY FOR SHORT
HDFC has been holding the current price zone for a while but incase it fails to breach and hold above the area marked in redline it is a short for me with green line as targets.
Their is a possibility that bata might bounce from area marked with white line but with over all negative sentiment I suspect it would be able to hold at this price. RED LINE IS THE STOPLOSS AND GREEN ARE THE TARGETS. DO SHARE YOUR OPINION IN THE COMMENT.
LOOKS LIKE WE ARE SEEING SOMEKIND OF RELIEF RALLY IN THIS PAIR AFTER TREMENDOUS SELLING PRESSURE FOR LAST FEW WEEKS. THE PAIR IS LOOKING TO TEST AREA MARKED IN GREENS IN COMMING WEEKS. IDEAL TRADE STRATEGY WILL BE SHARED IN MY FREE CHANNEL, LINK FOR THE SAME CAN BE FOUND ON MY TRADING VIEW PEOFILE. ALL THE BEST.
A down side breakout from the rising wedge will be ideal trigger to open a short, once it fails to hold 130 range we might see it resting lower levels, will try to update the chart in my free telegram channel as the trade develops. Do share your opinion in the comments.