CESC has made an inverted head and shoulder patternThe stock gave a trendline BO today. Looks good above the resistance of 680 for a positional target of 748 and 785.
CESC trade ideas
CESC, if it will close above 675(DCB) TGT - 750/800 SL - below CESC, if it will close
above 675(DCB)
TGT - 750/800
SL - below 600 (WCB)
long in cescafter an rounding bottom/ cup and handle breakout.
Gave a rally and witnessed a correction Founded support at 50% fibol level.
wait for trendline breakout with good volume.
can treat 595 below fibo 50% as SL and target
630 as TGT 1
and 660 as TGT2
CESC perfect catch Inverse head and shoulder, with right shoulder in formation. If sustains above 700 level then fresh upside opens and it will move towards 3rd and 4th target. Detailed trade in chart.
CESC - 4H TF - Bullish SharkBullish Shark pattern forming on 4H Chart of CESC. BUY 570, SL 559.9, Target(s) - 579, 584.
CESC - 4H TF - Bearish BatBearish Bat pattern forming on 4H Chart of CESC. SELL 664-665, SL 680.1, Target(s) - 650, 645.
Long term Trendline breakout donebuy in intraday above 658 Target 662, 667,675
for positional target -700 positional Sl- 620
CESC stock in bullish modeStock of CESC is in bullish mode & long entry can be taken after the BO of Resist level above the 605 for the next target level of 665 with the SL of 583. stock is above the 20 EMA level & RSI divergence is also positive.So add the stock in your watch list for the price action movement of the stock.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
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Cesc short I hope you can now see how Cesc represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
SELL CESC AT MARKET STOPLOSS 590 TARGET 550CLACSIC BEARISH ENGULFING CANDLESTICK PATTERN AR THE 20 DAYS EMA + 36% FIBO RETRACEMENT.
BUY signal CESC , Rectangle pattern , Trading is all about skill will go LONG on CESC because:
1) The price is forming a Chanel or Rectangle Pattern .
2) The price also broke the trend line .
3) The price is also under Support/Resistance zone.
4) It has touched the support (lower end of rectangle) and may reach the resistance zone (upper end of rectangle) .
5) Target would be the Resistance area . Book profit when it reaches the resistance zone .
[Positional] CESC Breakout BetAs long as Mamata is in power, CESC is poised to post huge returns but thinking of how much cyclone killed the profits it may end up consolidating this month but the bias will be always bullish; Investor also can buy equities.
CESC: Good Move from 680 to 540. Still a SELLIst target nearly achieved.
Longer term (mid Sept) target of 460 !!
