Tesla
Tesla Cup & Handle PatternBeautiful Cup & Handle Pattern is formed on chart.
Entry
We can go long when price breakouts with strong bullish candle above the neckline of the pattern.
Stoploss
We can keep stoploss below the neckline.
Target
Target will be same as depth of the cup as marked on chart
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Tesla Option Trading Analysis for JAN 2023Expecting Tesla upside 120-125-128
in coming days.
If market recovers are selloff last month, then targets can be achieved
before the expiry of JAN 2023.
Currently, TSLA (20-01-23)* CE is trading @ 4.70
Delta is 0.44
SL will be below the recent low of 104.
*Call (TSLA 230120C00120000)
$TSLA Buy the Bottom/ Big Bounce CaseHolding this Price Support zone of 180 to 174 as Stop Loss
You can Buy at CMP of 195
For a Move back upto Targets of:
T1= 215
T2= 235
T3= 285
T4= 300+
And 180 is also where the Previous 4th Wave is, hence the Minimum Requirement as per Elliot Wave for Wave 2 Retracement has been MET
Main Point being: Tesla Price is now at a Value Zone where Risk/ Reward is in favor of playing Long📈, NO Shorts !
Tesla going to 100 usdAs stock and crypto are in a bear market, Tesla is no exception to the rule. In fact, it seems like the fall is excellerating faster, which is indicated by Fetch Trends. The strength of the trend is visualized by the change in colors, giving this chart this gradient.
With the SPX hitting resistance, and Tesla breaking support, 100 USD is the next obvious target for Tesla. Now why is this obvious? The next support lines are created by the previous support and resistance lines, created in Juli 2020. Old resistance becomes new support.
AMARAJABATTERY ANALYSYS 12.09.2022BUY : 448 TO 500
TARGET 857 TO 1041
Reason For Selling This Script :
In this script it has formed the side ways pattern for longer time frame. Now price came to support of the side ways. And it also forming the triangle pattern in monthly time frame.
Now the price has formed the support in bottom of the box. So we can go for buy as above levels. Once the price close above 1041 in monthly time frame and the next target up to 1533 to 1621.
Technical Analysis Used :
Box Pattern
Triangle Pattern
Double Bottom
Note :
Above given levels are based on monthly & weekly time frame . So be patience it will take some months to achieve the target.
ALL THE BEST ..
WIPRO | FALLING WEDGE🔴 Falling wedge pattern is being formed.
🔴When diagonal support and straight line support meets it will become a stronger one.
🔴Price will try to go up from the current support.
🔴If it fails to hold it may go sideways for re-accumulation phase
🔴 DISCLAIMER : This is just for educational purpose. Do your own analysis.🔴