Strategy: Buy @ 2407 and add more for 2600+ target
------------------------------
TCS 0.25% was on uptrend and correcting it's uptrend after hitting 2700 resistance zone . Correction was on running flat correction which was supposed to be completed below 2100 levels. Post 2100 support reach, script was able to jump and tested 2550, We are calling it's five wave...
TataSteel, one of the largest metal company of India, was in a steep downtrend since almost a decade. It hits high of 1048 in October 2007 and then we saw lots of ups and down in the counter. It hit another high of 579.90 in June 2014 and again it went down to touch the bottom of 199.70. Th counter started fresh upward movement in September 2015 after making a...
"D" Level done. Price action (Bearish engulfing & Doji at 770/760 levels) suggests bull rally may be over. Seems short below 727 ( 1.414 Extension of Fibo) for the target of 695/625 with the stop loss 757. Time frame 12 to 16 days.
NSE:TATACOFFEE has given a 50 SMA breakout with huge volume. The stock should be in action in the coming days.
Trade ideas are welcomed by fellow traders.
Tata Chemicals gave good run nor in resistance zone.
The information is for educational purposes only and does not constitute an offer to sell now a solicitation of an offer to buy any security which may be referenced by me. The information provided through my charts is for personal, non-commercial, educational use and display.
The information is for educational purposes only and does not constitute an offer to sell nor a solicitation of an offer to buy any security which may be referenced by me. The information provided through my charts are for personal, non-commercial, educational use and display.
TATASTEEL has tested resistance.
Divergence in RSI
Both stochastic's in overbought zone, and are exhibiting divergence.
Do you think this is a short?
Let me know.
Ascending Triangle on TATA Motors and will break the top line of the triangle. Indicators like RSI, MACD & Stochastic are showing bullish sign.
Trade:
Buy above - 483
Target 1 - 499
Target 2 - 516
Stop Loss - 467
Reward Points - 33
Risk Points - 16
"Happy Trading"
Cup and Holder formation on TCS and shows bullish.
Trade
Buy abv 2290
Target 1 - 2320
Target 2 - 2340
Points gain - 50
Don't trade until the trade active.
Ascending triangle formation in TCS on 30mins chart.
When the price break the top line of the Ascending triangle, the trend will be bullish but here need to focus o EMA 50.
EMA 50 lying above the price. so EMA will act as a Resistance so keep on eye. Once EMA 50 also broken then it will be hit the target.
Trade Idea:
Buy above - 2163
Target 1 - 2184
Target 2...
