A 3 wave move contained between parallel lines is not always corrective . It depends on what is the angle between initially labelled as 0-A and B-C . Explained in the chart . Always be on lookout for this. Regards
Positional trade: EMA 50 crosses up EMA 100. Immediate Target would be 500 and second target is 515. Trade with SL of 465 (good to average at 465)
TREND ANALYSIS & TRADE SETUP Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX. Wait for entry setup, if available then Long/short. R:R is 4 to 8 times.
TREND ANALYSIS Trade Setup Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX. R:R is 1:6++
This stock is in downtrend and has taken support at 730. Since it is against trend strict SL is necessary. Long entry above 730 with SL at 700 for T1 745 T2 760 T2 790
Just for Discussion. It should reach and fill the gap near 824 before reversing to 880 zone by this expiry.
Daily chart shows an uptrending channel. target -872 stop loss -821
one can look into this stock at cmp for a tgt of around 735/740 levels after a up move from 600 to 750 took a dip towards 675 now getting ready for the next leg of up move
It is been observed on the daily chart that the price action firstly breaks above the triangle consolidation and now breaks and closes above a major resistance indicating a bullish move ahead. Target: 755 Stoploss: 725
It is been observed on hourly chart that the price action breaks out from the resistance level of 705-710 and interesting close above the resistance levels indicating a bullish and positive move ahead. Target: 730 Stoploss: 690
The price action breaking out from a consolidation and it may reach to previous resistance level of 667-662 which may now act as support. Target: 667 Stoploss:691