Investors can start to accumulate Tata Motors from now on with every dip. Current market price is 77.95 and nearest Trap Zone is at 64.50.
There is a Bullish Channel and a Wolfe formed in it. Ideally it should take the price up to All Time High.
As per Harmonics, a Pattern which is close to Bullish Bat is getting created in the Chart. This should send the price...
if hdfc bank cross @910 buying will trigger @918 first target 965 second target 1000. if it's fall below this level sell short wil trigger @885 first target is 850 second target
is 800 and below.. be cautious when taking trades
Holding above 920
Expect upside push to 980-1000 zone
Selling if fails to cross 1000 or crosses 1000 falls immediately then expect 920 / 850 /700
Scenario 2 -
Strictly Holding above 1000 for extreme bullish scenario- Expect 1500 -1600 Target zone. Failing to hold 1000 post crossing above becomes "Part B -...
TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then Long/short.
R:R is 3 to 8 times.
The stock has been falling since last few months after creating a top in November. During the last 5/6 sessions we notice a surge in volumes as well. Today’s volume was peak with a small body candle (now this create a anomaly between price and volume) we should expect large candles with large volumes but that has not been in this case, especially the last candle!...
Secret to the bounce from 11910 lies in the history - If you are missing this point then you are missing the key aspect of being a good analyst
Plan A -
Sell below 12085 with strict stops above 12135 for targets 12010 / Below 12000 for 11900-11910 / Below 11900 for 11600
Plan B -
Holding 12085 - Current wave can extend upside to 12160-12180...