Wedgebreakout
ASHOKEY LEYLAND SHORT AND LONG BOTH IDEASWITH STOCHASTIC IT IS GIVING BOTH BULLISH AND BEARISH DIVERGENCE MARKED WITH REDLINES :) WELL I HAVE DRAWN 2 TRENDLINES IF UPPER ONE BREAKS AND CLOSES ABOVE IT IN 15 MINUTE CANDLE TARGETS ARE GIVEN FOR LONG AND IF LOWER LINE BREAKS TARGETS ARE GIVEN FOR SHORT AS WELL
NOTE: FOR EDUCATION ONLY
HERO MOTOCORP: Wedge breakoutHero MotoCorp has been in down trend for the last couple of years. It has been consolidating at a strong support zone forming a wedge over the last 4 months.
The wedge is now broken. It is certainly worth confirming the breakout is sustainable and then join the LONG ride!
Nifty - Destiny or Demand Leg Repeats ! 10900-10925Hello All,
Excited to come up with new video - "Destiny or Demand Leg Repeats@10900-10925" - All explained in 10 mins video.
Let's get started.
Key Resistance Zone - 10980 -11000
Key Support Zone - 10825-10850
Second Layer Resistance Zone - 11080-11100
Second Layer Support Zone - 10690- 10725
Critical Zone - 10500-10550
Important Note
Going Below 10500 -10550 - Early Signal of the Bear Market as suggested in all previous ideas.
All support / resistance zone can be thought of buying / selling zone respectively with planned risk.
Nifty Picture at 12:06 Hrs - 3rd Oct 2018
Let me know your thoughts / comments. Hope you all enjoyed 200 points push from 10850 to 11035 & the fall exactly from 11035 levels as per last video idea.
Last Video Idea - Destiny or Demand leg 10900 - 10925
Godfryphlp short and mid term viewPls see the chart. Wedge pattern breakout given on the chart for that target 1&2 given. Double bottom will confirm, when it breaks the 913 levls for that target given on the chart. Weekly MACD cut and daily MACD crossover helps to reach the target and weekly low RSI and CCI helps to reach the mid term target.
Vijayaraghavan
Kovilpatti.
broken out from downtrend,wedge pattern,swing highretesing at 40-43,if price sustain at 40-43 we can see 47,51