BONUS // DAILY SWING CALL // Wednesday 9th of December 2020 // NSE: ARIES // This is a swing trade call and not an intra-day trade. Please do not expect the stock to go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade // CMP / LTP: 106.1 IDEAL BUYING RANGE:...
taking a support on long term trend line and bouncing
Bottom is formed with BO12 Volume rise seen Gapup shows the demand and the sentiment change Momentum in D charts (CCI crosses 100)
Is it bottomed out? CCI(D) crosses 100 Gapup on D chart Multiple Pinbar formed The lows of the pinbars increasing For final confirmation with a strength candle
Consolidating over the support level of 96. might be on the verge of big move
C > 211.95 and H > 217 will be a turnaround Near 61.8 Fibo Level Gap resistance 206.90 - 214.25
The height and intensity of selling is reduced Touching 50% Fibo at 221 CCI W/M >100
Bull - C >270 with strength candle will be 1st attempt to resume of trend Bear - C <247 with strength candle will be 1st attempt to resume of trend
Trendline Breaking Out! Target 175-190 Short-Term; Thereafter 300 plus soon.... For Educational Purpose Only!!
As per ichimoku Aries agro ltd chart showing huge momentum in this current up swing.I have limitation to describe other ichimoku findings that are confirming this breakout.I have marked red arrow mark against future cloud to show the momentum .pattern finder can plot H&S as it is going to give clear inverted H&S breakout on weekly as well.Kindly correct me if i...