TataChem, struggling to range between the two trend lines formed, i personally would like to short.
You can see how the price actually respected the fib's, Anyway, whenever you see price coming towards the ratio, do not enter blindly, wait for appropriate candlestick formation.
Remember, to prove the point that trading is not gambling you need to understand that to prove certain points, you must have solutions ready with you. In this field, particularly in the example posted above, you can observe that there are several confluences you can spot to gobearish on the fno and earn handsome percentage aka points. Money is secondary. All the...
The price was giving higher highs with bearish momentum. finally the price was a doji to indicated the downfall. the other day broke the initital lower support and closed below it the next day, the low of the above mentioned candle opened our trade and a sweet fall towards downside is observed.
Break up above the triangle leads to a very good movement. PS,didnt take this trade, it is purely an educational content.
What a breakdown after breaking the support. what now? A pull back to retest? a continuation downside?
ESCORTS has a renewed interest in FNO with twice the volumes. However since NIFTY can be sideways, I will be taking ESCORTS in CASH Market NOT FNO. Buy @ 665.5 Stop-Loss @ 645 Target @ 754 Please consult your financial adviser before investing
In ethereum charts, am expecting a downfall in short term. shorting here can be good for profits. check charts and you will get an idea of what exactly can happen.
I expect the stock to open gapdown and test the levels of 1760 -65 once and then rise above , thus will like to go long with sl 1738 aand positional tgt 1847 ++ in 2-3 days .
"Mirc Electronic" looks positive in Daily chart with forming Higher High's and Higher Low's. According to that the prices are having bull run. Now, going to Intraday 1 hour chart we can see that there is a Trend Line support at current market price indicating that prices may recover from current levels. Adding to that we, Secondly, Usage of Fib Retracement of very...
NIFTY seems to be following in Channel as shown in Chart, Similarly if you see on RSI similar to trading range there is expanding triangle and recent fall was with higher velocity which brought RSI to over sold zone. So I believe there will be this final up trend rally in NIFTY before we can witness a healthy correction. This Rally should also be as swift as the...
It is been observed that ANDHRA BANK, has given a cup and Handle breakout near 57.5. bullish in nature. watch near 56 to 58 for target 63/72 stop loss below 54.
I was looking solar stock for long term investment (10 year-20 year) this is my first test of such long term plan. long at 53( 7% portfolio weight) Sl 41 will add more: 80,100,110 and see the fruits if remain in play for long term. this is my plan i am committed to execute its strictly.
banknifty in consolidation mode. wait for long setup only above 18960 once momo is back. with target of 19250