INDIA BULLS HOUSING FINANCE : SHARP VOLATILITY CONTRACTION - India Bulls Housing Finance has suffered a rapid fall and now price has been trading in a range.
With upper range at 300 and lower range at 85-90 levels.
A Sharp volatility contraction is happening in the stock which can break on the upside.
Check the video for more details , risk reward for this trade is 1:4.
Cheers,
priceNpedia
VCP
Tata Coffee - VCP base analysiss3.tradingview.com
1) Strong stage 2 uptrend on weekly tf
2) within base, strong institutional demand with wide range candle on heavy volumes
3) three contractions with volumes decreasing subsequently, price action getting tighter, indicating supply has reduced
4) no wide range bearish candles with volume on downside when stock was correcting, instead candles with long tails. this suggests stock is under institutional accumulation
Long - CMP
SL - 212
Target - 272
TATACOFFEE has VCP pattern formation one of the strongest VCP pattern formation one of the strongest and most accurate patterns
IDFC chart analysis for swing trade IDFC chart analysis for swing trade (15 min)
Entry & exits are given on chart.
only for learning, trade at your own risk.
Gold - Weekly Bullish ViewAnalysis Points : -
- 76 Weeks of Consolidation
- VCP Formation
- Near Trendline Breakout
- Fibonacci Extension near to its Previous All time high (1st Target)
- Daily chart outperforming Nifty by 3% in previous week this show relative outperformance of instrument vs Nifty.
Note - This view is not for short term trading purpose this is rather positional for 5-6 Months. By looking at global market risks and inflation I prefer to shift some of my allocation to gold as neutral hedge against equity.