triangle pattern formation...got to sustain above 85 as there is a resistance zone above
keep an eye on Spicejet , its kissed nearly on breakout trendline , will boom if crossed but couldn't sustained further movt, IN upcoming WEEKS do include in watchlist .
Spicejet has given a strong breakout after 7 Month price following Symmetrical Pattern. Expecting Targets hitting levels of 83, 94, 108, 120, 140. Stop Loss can be around 65 This analysis is only for educational purposes and is NOT a Buy/Sell Recommendation. Keep Trading Folks! Nifty will be soon at 20,000
Go Long above 74.25 for Targets of 79.5, 84.75, 90, and 95.25 with SL 69 Reasons to go Long : 1. On a daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.618 Fibonacci level. 2. A bullish chart pattern, Double Bottom (W pattern) is formed around 0.618...
Looks Good If break @74.15 If break keep SL 69, Education Purpose only
buy spicejet tgt 74.5 sl 66.5 ratio 1:2 after 75 huge upside
rsi divergen in spice jet near a resistance level it can be good short call
SpiceJet is principally engaged in the business of providing air transport services for the carriage of passengers and cargo.
SPICEJET Ready to Take Off Trading At Weekly Support. Buy- Between 65-70 Sl - 60 Target 85 90 100
Keep an eye on Spicejet as it trading inside a triangle and if it breaks on either side on a closing basis, can give good profits in very short time. I am expecting it to break on higher side as corona cases are decreasing in India and people are coming back to normal life. If it breaks on higher side, then, First Target- 108 ( Recent High) Second Target - 120 (...
Buy-62-60 SL-51 Below Closing Basis Target-100-120++ Time Frame - Till Dec 2021 The Diwali Portfolio Picks.. Check The Air Tickets , If You Are Getting..HAHA..
This is stock I've been watching since last few weeks, its responsing to price action perfectly, currently its at bottom of triangle and seeing the overall bull market it may move upward in upcoming day or in few week, it will be A good move to add this stock to portfolio @68 with STOPLOSS @64 or @58(risky-SL). Target of 25-30% may be archived if candle runs...
SL is prior candle low expect 5% up in 2 to 3 days Set up looks like cup and handle and we are trading handle trading range play with Trend line breakout (TL) play with prior candle low as sl. High volume seen during formation of cup and handle and hence there is probability of upside potential. Every thing is probability hence SL is necessary to protect from...
TRADE BUY ABOVE THE CONSOLIDATION PHASE i.e. 83.30 ENTRY-83.30 ABOVE SL-73.75 TGT-100.75/109.10/119.40 PATTERN FORMED SYMETRICAL TRIANGLE CUP & HANDLE SMALL BOX PATTERN
So do look at my Indigo (Interglobe Aviation) idea, already made good money in FNO on 1700 CE and then 1720 CE... Now it’s at 1750 ish... A huge Bearish candle was made on Friday, I am assuming someone booked solid profit. But stock settled quite quickly. I am optimist for an 1800 + level soon. Obviously when it will reach 1800+ level, then the great news channels...