Reasons for sell
• Falling Trendline can act as resistance connecting 15336 & 15045 Highs
• Corrective wave close to end its structure which started from 14416 lows
• Bearish Bat Harmonic structure PRZ below 15045
More confirmation for selling to be confirmed
• Once Index takes out 14890-14900 zone
• Slips below gap up zone 14828-14892 zone
Target...
TRADE SETUP !
CHART PATTERN !
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for entry setup, if available then Long/short.
This stock has limited trading opportunity in current scenario. Possible Trading Strategies mentioned below
• Sell below 625 for downside target -540 which is 61% retracement of upside last wave (365 to 809)
• Buy above 725 (strictly hold your buy positions till it holds above 725 as false breakouts can
happen above 725 as they are extremely choppy...
Last Fall /Wave Downside- 2022 to 1855 was done in fast & furious mode as suggested in the last idea mentioned below
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Last Idea- Last Leg Running upside in Triangle close to 2000- Get Ready for Fall!!!...
Last Price- 29265 / 13:15 Hrs/ 22nd Dec2020
Risky Traders - Buy Position Taken close from 29000 levels - updated in the last idea mentioned below & discussed over the current video idea
Safe Traders - Have to Buy Only Above 29450 for 29750 / 30000 Upside Target
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Bank Nifty Last Idea @ 21st...
Next impulse may have started downside - if correct. Stock can fall to 1325 from where thrust started upside on 11th Nov2020
Holding below 1745 - Expect 1325 (Target 1)
Thanks
Last - 11635/b]
Heavyweight Reliance Cracks 7% (2065 to 1897) on disappointing results as discussed in overnight idea @ 1st Nov2020 & the personality confirms that stock could be in wave-3 or wave-C which was warned earlier that below 2000 - stock can have trouble....
Short Term Trading Plan
Last Price- 819.40
Short Term Buy Above 820 (Strictly follow the levels) for 835-840
If crosses above 840 / 845 zone then extends upside to 855 / 870 -
Long Term Trading Plan
Careful at the tops as fall may start later for downside target 735 & even lower in Larger Degree -Wave C...
If Resistance 1355 holds as the top then we expect 1180 ( 1st Target) & falling below 1180 more on the downside
Last Price- 1322 / 13:03 Hrs / 5th Oct 2020
Strict Stops Above - 1355
1st Target Downside - 1180
Not a trading call
Disclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be...
Upward Impulse complete and now correction is forming;
Wave A of the downward Impulse is complete and Wave B is a Upward Flat Correction where Wave A and B are complete and now Wave C which is
5 Wave Upward Impulse is forming;
We need to wait for the Price to come in the...
Disclaimer
-----------------------------
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an...
TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
June Series Option can be tried.
Wait for entry setup, if available then Long/short.
Reward is 7-8 Times
Its a continuation update to previos idea on Sun Pharma... looks like Minor Wave 4 has has been completed at 434.25 and final wave 5 has been started for respective range of target.
TREND ANALYSIS & TRADE SETUP
Wave Counting
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for entry setup, if available then Long/short.
R:R is 5-8 times.
