1. It broke a range on the downside 2. Came back to test it 3. rejected that resistance there with a bearish engulfing pattern (support becomes resistance) 4. would continue its fall once the bearish engulfing is confirmed (the low is taken out)
Follow for latest updates CMP- 238 Buy above 240 Target- 245
Long Sunpharma Above 502 Target 512 535+ SL 598
Hi Traders, 1. On the 4th of July 2020, I gave the title " IS ITC READY TO MOVE UP OR GOING RANGE BOUND SEE YOURSELF !! and today it is "IS ITC READY TO MOVE DOWN OR RANGE BOUND SEE YOURSELF !!". There is only one thing common that is rangebound in both titles. Why it is so? See in last post point no.4 I wrote is quoting for your consideration " ...
Analysis is educational purpose only Bank Nifty Looks Clearly in Markup (participation) phase We can See Higher High & Higher Lows. Taking good support on trend line.
In the last research of SBIN, I have given a buy signal at 170 for targets 189.5. I hope you have remembered it..., aren't you? Let me show here recent updated: Part 1: SBIN, EWT support 171.5/176.5 key levels. Now, Below 194.5, this stock can keep falling 186.4 and up to 181.2/179. Definitely, We will think for long if the price move above...
Trend-base fib retracement major and minor EWT R 10844 for wave 5th. => 4W should not overlapped 1W: intentionally ignored from past research. More detail: ----------------------------------------------------------------- timeCycle, fall expected date 8th/9th July 2020. As per PRICE ACTION, gap up can be seen and then a reversal. History is going to repeat...
LOGIC 1) STILL IN A STRONG UP TREND 2) SUSTAINING ABOVE 200 DAY MOVING AVERAGE 3) FLAG PATTERN AND CONSOLIDATION BREAKOUT
Buy ACC near 1300 with an SL at 1217 for a target of 1425 followed by 1505. The view is for short term investment purposes only.
If we see the price rejection in the below support level ,we can see bullish push towards 114.00 or even more or else if price continuous bearish trend we will be seeing the price at 110.00 post retest at the current resistance level.
Hi Traders, 1. In last week's post, I mentioned in the trade plan next week is quoting for your consideration. " if the price takes out a yellow line with the above-mentioned condition then the trend will change to upside." See in the last post I showed you two patterns circled in white and red. The white one evening star and red one dark cloud on...
I have added all the details in the picture , please refer and let me know of any doubts.
Today there is an analysis of IGL indraprastha gas limited. we can go for a long positional trade by putting s small stop loss. Buy IGL and go for a longer positional But After watching the full video till end After confirmation of trend change After following all the steps told in this video. This is a bear market phase and this is not the recovery this is the...
Hi Traders & Investors, ITC ANALYSIS Almost a few weeks ago, I posted my analysis on ITC where I mentioned two conditions is quoting for your consideration " If this is taken out on a 2hr time frame then the structure will change and the price will move down further. On the contrary, If the price...
Buy 2826- 2810 Target 2916 -2926 Stop Loss 2800 Below 2777 bearish