Get started

Tradingsignals

IRCTC: DOUBLE BOTTOM CANDIDATEFrom Nov'22 high stock was under pressure and tested the Jul'22 on 27-Mar'23. From there prices are bouncing back forming higher high and higher low on the lower degree time frame. There is also a formation of INVERSE HEAD & SHOULDER PATTERN which is a bottom reversal pattern whose neckline is 655 and currently prices are trading above this level on weekly chart which should be considered as the breakout of this bottom reversal pattern. The measured target for this pattern is coming about to be in the region of 775-780 zone which is also the neckline of Double bottom pattern on larger degree front. TRADING STRATEGY: Buy 662, SL: 616 TGT: 775-780
NSE:IRCTCLong
by TradingSutra
2
Neat & clear breakout seen in Titan (Buy)Titan has given a neat and clean breakout and sustaining above the breakout zone so this is a indication that Titan is now going to make new highs in coming months. MACD is also started forming bullish crossover and very soon it will form bullish crossover. But why to wait till then when titan already tells itself after breakout resistance levels. This is sure today it is going to close above 2800 levels. just 15 minutes remaining in closing. So with current levels and go for target given on chart. Well this is mine all time favorite stock for holding for long term, as this has already made millionaire to many of them in past. I have a trade for option writer:- Sale Titan June 2860 Pe at 83.5 (stop loss 160) Target 25/15/5/1 and hedge with Buy Titan june 2700 pe at 22.5 For naked option buy:- Buy Titan june 2800 ce at 62 Stop loss 25 Target 90/110/125+ Always follow strict stop loss for trades. If anyone like my work then please like, follow and comment. Thankyou. Disclaimer:-This is not and trade or investment advice. This idea is meant for learning. Invest your capital at your own risk.
NSE:TITANLong
by TraderRahulPal
2