Shree Cement is on a clear downtrend. But the W pattern would make one think that downtrend has come to an end as it is a bullish reversal pattern seen at the end of a downtrend. Here's why I'm short: 1) Bearish engulfing candle. (right at important level where if it crosses above, would make one to take a long position) 2) Bearish engulfing candle after a nice...
A great price action in the place. All the price action lover must be looking at the important levels. Few points to consider is this stock came for the first time to the support or say gap acting as support along side a break of trendline from top is another signal that it might go up & making a W pattern while going up can be another signal too. But remember...
A parallel price action zone between 32 to 40.. Price rarely moved out of this zone & any move beyond the zone rejected sharply. There are multiple attempts to cross the 40 but every time rejected violently. Once price fell out of 32 support zone .. It corrected sharply following the bullish W pattern. Now there is another attempt & price is above this zone.....
Zeel is at the possible breakout stage of a monthly trendline in daily as well as 1 hourly time frame. . Reason to Buy: 1) Healthy 'W' patten break out. 2) Buyers dominance at lower levels. 3) Monthly trend line break out. 4) Increased volume levels. . Best place to enter at 225.00. SL should be at previous support i.e near about 215.50. . PS: Stock is known for...
2 rounding bottoms combining with double bottom pattern and then consolidation near resistance level & 200 ema seems good. Today's volume and closing gives a better sign tooo. Keep an eye folks. Happy Trading.
NSE:SIEMENS #SIEMENS CMP 1083 DT 4/7/203 MAJOR PATTERN SEEN ON THE CHART IS A TRIANGLE AND FLAG BREAKOUT ALONG WITH ICHIMOKU CLOUD BREAKOUT ALSO WITH BULLISH KUMO TWIST HAPPENING TOO. OVERHAUL TREND IS BULLISH NOW. A FRESH LONG CAN BE INITIATED. BUY RANGE FROM 1122 TO 1145 SL BELOW 1083 FOR A TARGETS OF 1175 / 1200 / 1253 CHART BY HarmonicTrading™
buy above 382 in intraday for positional Target 420
Not a call or recommendation, just analyzing SL : 20900 Target : 22375 1125 Points Possible?
U Can Buy Federal bank for Intraday as well as Swing trading as per show target..
stock made W pattern over a duration of 1 month and bullish flag in recent trading day 29/5/2020 can go long above 128.40 for swing trading target for intraday - 131, 135, 138 Target for swing trade 147
AXISBANK IS MAKING W PATTERN WHICH IS BULLISH AND THIS PATTERN WILL BE COMPLETED AT 799 LEVEL ALL TARGETS ARE GIVEN 723 IS STOP LOSS
IT IS MAKING W PATTERN WHICH IS BULLISH RESISTANCE IS GIVEN IF IT BREAKS TARGET 272 AND 293 NOTE: TRADE AT YOUR OWN RISK
Greetings! SEPT 2019 : For the upcoming long festive season, I couldn't help but post a recommendation which would bring smiles to everyone's faces. DBL (Dilip Buildcon Ltd) Buy Range: 350 - 410 Sell Target: 700 Upside: 90%-100% Stop Loss: N/A Timeframe: 6-8 months Mint the money. When it is done, be sure to thank me! :) Happy Trading.