1.Strong Trendline rejection 2.once the chart sustains above 149 level it can go up for sure 3.volume also increasing
ENTRY TARGET SL Mention in the chart. ALWAYS TAKE TRADE WITH CONFIRMATION Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
Wait for conformation , RSI is not confirming the any directions. See in chart we have marked strong selling zone and weak buying zone. Currently stocks under presser has many resistance and weak support. We may get break out downside
Indus Tower is trading in a support area . If the price moves up and breaks 205, the stock has a possibility of going higher . Or if the stock breaks the 170 level, it has a possibility of reaching the next support level .
#BZRX/USDT 15 mins TF Consolidation is happening, may breakout either side. Look for break resistance for Long opportunity followed by retest after breakout for a safe entry.
Stock Analysis on request from a follower .. The stock price is hitting 11 year old resistances .. The overall chart structure is very bullish you can see the huge momentum through the steep angle of the move that is also supported by the rising volumes The Volumes suggest a move up as well.. However, there has been huge rejection on these levels before so...
Breakout and retracement is done, what next, for now we wait for the path to reveal itself.
Wait for breakout 1. Box breakout possible 2.big move is waiting
CONCOR looks really interesting. A buy above Rs.465 can take the stock to Rs.565, giving a good 100 rupees profit with limited risk. Once a B/O happens, our resistance of Rs.465 will become Support and hence our Stop Loss for this trade. Trade becomes active only above Rs.465, do not enter before that.
It can be any of these 3 cases 1. Wave x is correcting to make the triple combination - UP The price must not come down more than 1.21557 OR 2. Wave (a) - (b)- (c) zigzag is just sub-waves of wave a - Down The price must confirm at least 1.21557 to form wave b at 61.8% Fibonacci OR 3. Wave 5 is finished - UP They are changing trend the price will...
It seems that wave 3x has not yet finished, the apex price is now a wave 5 of wave x3. The next target is wave 4 corrective in the blue resistance zone 38.2%/50% Fibonacci, it can be sharp and take a shorter time than wave 2 combination. Then it can rally to end wave 5 of the big cycle wave A in a 1h time frame.
RIL is still consolidating as expected in my previous view. Waiting for break out above 2200 or breakdown below 1990 to enter either side. Higher chances of breakout given entire market is bullish in near term. On shorter timeframe, we can look to buy around 2095-2100 with target of 2150/2170 and s/l below 1967
Price as retraced at 38.2% of impulse fall from Nov 19, Touching a trend line, and local resistance area, Also there is RSI divergence on weekly chart. We can look to sell if price hold below 87 strictly for target of 70-73. But if goes above 87-88 and holds the then we can look for buying opportunities above 90.
Coal India is now moving comfortably in a channel, only should look for a Long Opportunity if and when it Breaks out. SL - Half the width of the channel, and first target Width of the channel.. May take time for the entry point to Develop, but will be a good trade.
symmetric triangle formation in biocon wait for a break today possible targets on break downside will be around 560 upside will be around 660
BANKNIFTY WAIT AND WATCH EVENING STAR CANDLESTICK PATTERN FORMED WILL STILL WAIT FOR BREACH OF 200-DMA TO EXECUTE SHORT IF 200-DMA HOLDS THEN THERE CAN BE MORE SIDEWAYS ACTION.
PENNANT FORMATION IN TECH MAHINDRA NOV FUT WAIT FOR THE BREAKOUT EVENING STAR PATTERN IN FUTURES CHART PROBABLE BREAK DOWNSIDE
Waiting for breaking the neckline, i.e stock has to close below 820 levels to mark it as a breaking the neckline. Only post that a short can be initiated i.e. only after the confirmation. Once confirmed Stock can see levels of 600; SL: 943. Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my...