Bullish Wolfe Wave The stock has formed bullish Wolfe Wave therefore one can buy the stock for the pattern target of above 190. Due to higher Oil price crisis the stock may see volatile price movement if any decision is taken by the government.
Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
Wolfe Wave
Wolfe Wave Good RR tradeThe stock has nicely formed Wolfe Wave with in parallel Channel. One can trade the stock for a good Risk to Reward Ratio. One can trade the Future as under or make suitable strategy using options as the stock is active in Options also
Entry 34.30
SL 32.20
Target 39.80
RR 5.50
Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
Tata Steel - Weekly/Daily Candle AnalysisMy weekend analysis of Tata Steel. This is NOT a trade recommendation.
On the weekly charts it has gone down 127.2% of the range from about mid January till first week February which is quite typical
Wolfe analysis and probable Fibonacci and Support Resistance levels of Daily candles supports what the weekly chart is showing
I wish to thank user Praveen Bhatiya for alerting me to his Wolfe analysis - do view his chart at the link I have provided below:
Nicely Bullish Wolfe Wave in ProgressionTata Steel has correctly formed Wolfe Wave and it seems to reach the target level of 600 - 610 in coming days. I was quite busy during the day so could not post it timely and early low risk entry is missed but mates can still take advantage of it.
Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
BULLISH WOLFE WAVE IN IBREALESTBullish wolfe wave pattern is formed in IBREALEST .
As a investment strategy stock can be bought at current level for a target level around 250 in Medium Time frame.
Price action higher high and higher low is also generating positive confirmation for the script.
Bitcoin promising rise with 2 patterns at same time. TP-$17100Btc/usd on daily and 4 hours chart is showing promising signs of rise upto $17000. Hodling time is estimated to be 1-2 months.
You can clearly see the wolf wave completed and on-going, whereas inverse head $ shoulder is waiting for breakout, and not both these pattern have common target point.
CP-$10654
SL-$9394
TP-$17100
For more info, read the article given in link provided below:
btcmanager.com
check graph for more info.
Follow me guys, so I will update more frequently with greater analysis.
Disclaimer: My views are not written on stone and can be sometimes wrong, since no one is 100% sure in stock market. Consult your financial advisor before making trading decisions.
IDFC Bullish Wolfe wave Target 76+NSE:IDFC is in good demand zone. One can buy with for Target of 76 in 4 to 5 months holding with stop loss of 52
SHORT Wolfe Wave Wolfe wave is one of my favourite trading patterns as it works mostly, provides good Risk to reward ratio and is fast. Posting a nicely formed pattern for my mates wishing that it rewards them nicely on Diwali. Entry now or wherever Stop Loss of 3210 is affordable Target range 3050 - 3100.