What I see :
I see good trendline supportive
Earning about to come and price has fallen quite a lot about 12% from top
This can be a good risk to reward trade if taken with proper system
Rest is expalined well in the video
Happy trading :)
Looks good for a quick option.
Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade
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Check these successful trades & approach on Britannia , Mothersonsumi , DLF , Biocon , Daawat , Infosys , HBL power , HDFC life , Hind ZINC given below
If you like my...
if find reversal at prz then one can long
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
Possible good risk to reward trade on TVS motor.
took the trade at 600 with SL at 591 in futures chart.
-1hr rejection candle at the important support area.
-Bullish rsi divergence in 1hr chart.
-Price at very imnportant demand zone for the stock.
-very small SL for the trade.
book 30% qty at 617 1:2 risk to reward.
Tvs motor clearly taken support at the lower end of the rectangle.
accumulate TVS on the next dip with SL below the rectangle
watch the upper end of the range and if it breaks TVs can give ballastic move
An ascending triangle is a chart pattern used in technical analysis. It is created by price moves that allow for a horizontal line to be drawn along the swing highs, and a rising trendline to be drawn along the swing lows. The two lines form a triangle. Traders often watch for breakouts from triangle patterns.
For Educational Purpose Only
TVS Motors now giving break-out on daily and weekly basis. Break-out above 662-665 zone. target 705-775. Support near 626 and 640. The analysis is done only for educational purpose. Kindly do your research before taking any trading call. NSE:TVSMOTOR
Short Term Quick Profit
SL : 402
Timeframe < 45 Days
ITS A BULL MARKET RALLY. Bullish on whole INDIA!
Corrections followed by another high!
Inverted Head & Shoulder Pattern Forming
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with...
TVS motor can give bo above 665
buy above 665 in intraday
For Stoploss use 5 minute chart and see nearest support.
for target also use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo...