NOTE: IF YOU ARE PLANNING TO TRADE, I WILL WORK FOR DAILY TIME-FRAME AND 30-MINUTES TIME-FRAWE FOR GETTING ACCURATE NUMBER TO TRADE. Kindly, say in comment section.
1) The primary trend is up.
2) The remarkable point is price rotation which is a sign for you to trade in which direction.
3) Volume gives hit of your direct right or wrong
4) Observation area should...
Here, i think that there is a potential upside in IGL (Short position) - 12 Days.
The price currently is Rs.413 and i expect that by 24th January 2020, the price should touch Rs.440
The trendline has been strong for IGL.
If you open the daily chart of IGL, you'll notice that there has been a good support to upward movement.
Disclaimer- These are my personal...
S/R levels for nifty as nifty is at major level of support if it comes near resistance go short that will be with trend , and if you see any kind of bullish price action near support go lomg. trade as per your own Risk appetite.
HDFC Ltd. is following an uptrend pattern. But a retracement is on its way as the stock already is overbought and might see some selling tomorrow morning. But if it is able to bounce back after the 50% level, then there is a possibility for it to jump to 2350 levels. All this may happen before the week ends. Enjoy trading!
Indusind bank is hovering just below its previous broken trendline. The stock is in a 15min correction just below the trendline indicating a potential drop. This trade has a good risk-reward ratio with a tight stoploss.
Entry - Only after 1385 has been broken to the downside.
Stop - 1410
Target 1 - 1351
Target 2 - 1312
This content is for information...
Buy ITC 268 above is not worry for target 278 nearby and if the cross and close above 278... then spike up to 286-292.
This stock is really good for investors. Let me show you the daily chart with projection.
Nifty closed at Resistance 11925 with double top formation.
If everything is fine, then the target will 11966 above and support can work as 11885 intraday.
Suppose to anything change, you will get ALERT/ NOTIFICATION if you hit LIKE button.
Long side trading preferable with using strictly protective stop.