Disclaimer:- This is not A BUY OR SELL recommendation. please Consult with your financial advisor or with broker before taking any trade,
this post is for educational purpose only . warning :- do not jump directly or do not copy my trades
DO your analysis properly
The following is observed in the May series :-
1. MACD reversal on weekly chart from the zero line.
2. Well close above 3980 which was previous 2 years resistance.
3. RSI is above 60 which can be considered bullish for May series.
4. Stock started secind wave in May series.
So, as per trading setup, 4200 and 4500 and positional target 5000 can be seen in May series.
The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below...
SWING Trading Strategy:
Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%)
INTRADAY Trading...
Reason for long
a) Monthly Mr.14
b) Good engulfing candle in monthly time frame
c) QQE breakout
d) HSP set up
e) vwap breakout
f) Good risk reward zone
g) SL compulsory
Divis lab given strong breakout from resistance trendline (Daily/weekly time frames).
Good opportunity for swing traders.
Buy above 4065
Targets as shown in chart.
Happy trading
..
ENTRY TARGET SL Mention in the chart.
ALWAYS TAKE TRADE WITH CONFIRMATION
Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
Hi,
NSE:DIVISLAB has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on Daily and Monthly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry,...
Divis made Pole and Flag and now it's support at 3670.
Resistance is Channel, If breaks and retest with Bullish candle can make entry for long.
Pharma sector turn bullish.
Trade according to your plan.
Spotted -bearish harmonic - in Daily time frame
Let us observe whether the harmonic pattern is valid or invalid.
Educational purpose only.
This is not a recommendation -
I am not SEBI registered - Do not TRADE/INVEST based on what I publish here.
I am not responsible for your loss or gain.
Inspired by - Trading Mirror Telugu
Theory:
DIAGONAL:
Diagonal are the motive waves like an impulse wave, but diagonals are different from impulse wave in that they do follow the first two Sutras (rules of impulse wave) for wave analysis, but it does not follow the third one i.e. Wave 4 should not intervene the territory of the wave 1. In a diagonal wave 4 always enters into the price territory of...
See the Chart after 5 moves it made flat correction in the form of abc in C wave it has formed Ending Diagonal pattern and it has given Breakout moving towards new high
