Buy NescoAccording to 1hr chart anylasis Nesco Making falg or symatrical triangle so we can buy if and only if break upper trandline then we can buy at 623 or above for target 650++
NESCO trade ideas
Nesco: watch for resistance breakout buy above 640 in intraday and positional
for positional keep Sl below 600
For Intraday -
For stoploss in Intraday use 5 minute chart and see nearest support.
for target use 5 min chart and fibonacci pivots as i don't keep predefined target.
try to book partially and trail.
Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis
NOTE: For Gapup or bo before 9:20
If gapup is more than 1% from bo level than avoid completely.
if less than 1% or gives bo before 9:20 than wait for
first 5 minute candle and entry above 5 minute candle
and revised SL below candle Low.
Nesco- breakout levelBreakout has been detected on in my filter system with volume supporting the break through but needs a confirmation if the script closes above the resistance line drawn and the opening of the candlestick after that has to be above the new support line (previous resistance i.e blue line). The trending line is drawn according to the weekly chart which is the most reliable time frame after monthly time frame.
Details will be updated after properly studying the pattern and the Directional movement of the candlestick.
NESCO- stocks has forming ascending triangle pattern
Stock sustain above 642 Next level to watch 710/750/800 levels
-Support is near 575 level on chart
Sure breakout is ahead ✌✌This scrip is ready to fly as it is nearly 4-5 times tries to break the resistance and I expected this time it will break the resistance. So traders keep on your radar to catch the momentum.
Sure Breakout is ahead ✌✌✌This scrip tries to break the resistance nearly 4-5 times and it is expected to break this time. So traders keep on your radar to catch the momentum.
NESCOSWING TRADE:
NESCO, near very strong trendline resistance, take entry after breakout near 580.
And have some patience with it after entry, can move slow, but we will see.
Nesco-800 comingNESCO moving in ABCD harmonic triangle pattern. This has all possibilities of moving towards 800+ levels
Expecting Trendline Breakout ✌✌✌This scrip is slowly Build up and expected to Break Trendline. So traders keep on your radar and to catch the momentum.
NESCORSI is in oversold range. Stock trading on lower trend line of expanding triangle pattern, which is also near strong support. Good Risk to Reward ratio.
Golden Rule by Vivek KhareThis chart tells when to buy a stock (when the price is around lowest point) so that you can sell it within 1-5 days and make quick profit. This golden rule has helped me maintain my streak of ZERO loss. So far I have been using this Golden Rule to make sure shot profits (low but consistent).
Best,
Vivek Khare
kharevivek gmail com
NESCO - IHNS - RK23NESCO - IHNS - RK23
07 Jan 2021
CMP 581.95
Buy above 585
SL 530
TGT 605 / 630 / 645 / 670
Trail your SL if trade is in favor.
For learning purpose only.
Nesco Inverted Head and Shoulder with fibonacci extensionNesco Inverted Head and Shoulder with fibonacci extension
Purely personal analysis. Invest only with inputs from your financial advisor
NESCO - Watch for Consolidation Breakout Explanation in Chart. NESCO for Short/Long term possible post breakout. Keep Watch. SL 470. TGT 780.
