Today an idea to L&T Be careful Buy when trendline will break dont do hurry BUY LARSEN & TOUBRO After watching the full video till end. I have discussed everything about this trade setup. 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 bullish trap . so...
this is not an analysis this is only a reply
BANK NIFTY Trading is always in high volumes. Its very important to understand the entry and exit levels for same. Candle Sticks and candle patterns give us a good view of the future trends and thats how I derive data. Upper Range 20550 Lower Range 19750 Lets talk about more ideas.
Bharat forge trading above all moving averages. This indicates very strong move. Once can go for swing trade for a week, with strict stop loss.
Bank Nifty reversal pattern form in daily chart. One can go long with Bank Nifty with strict stop loss. This is my own indicator "Trend Trader Harshal". It represents current trend as well as higher time frame trend in same chart.
If PDH broken go long, If PDL broken + Swing low not broken, then long on the second break
Stock exhibits sustained weakness in Weekly time frame. Falling Trendline holds valid and rejections have been pretty strong whenever the stock hits it. Currently the stock has hit the Trendline again wherein we could also spot 38% FIB retracement adding strength to the resistance. Though the above points guides us to take a strong bearish view, we need to be...
TFX break out of a wide consolidation range and reached a new all time high. All moving averages go up and the stock Shows a lots of strength. A possible target is 330-336$ and the stop should be round 285$
ALK breaks out of the sideway consolidation which last for over one year. The width of the range could mark a potential Profit target so that the target Zone lies in a range of 41-47$. Close the trade if ALK moves back into the range.
HBI is in a Long Lasting downtrendchannel. A nice bearish engulfing built up near the upper Bound of the channel in the Weekly timeframe that maybe Signals the end of the upside leg. Take a shortposition the next week.
Before trying this idea it should be noted this is a high risk long trade setup. The price has been rising up inside a main uptrend channel and currently just tested the baseline of this channel and tending to move inside an another baby channel. I would like to buy as close to the baseline of the baby channel as possible. There would be a breakout situation...
NSE:AUROPHARMA touched the support line, at 718, on Friday and retraced to 724 levels. Buy Aurobindo above 731. Target 760+. SL 717