BOSCHLTD trade ideas
A Missed Daily Pivot & Divergence in Price action When I see People use the Pivot point tool completely wrong i know they have lack of Knowledge so lets share what exactly you should be looking in order to make your trading successful
01) when price are making lower low or higher high , they usually follow the daily pivot point for pause and continuation of trend .
02) when you see during down trend ( A continues down ward move for couple of days ) that the next daily pivot low is not tagged and price reversed before it with strong candle , it indicates 1st sign of trend slowing down.
03) when you see during up trend ( A continues higher high and higher low ) that the next daily pivot high is not tagged , it indicates 1st sign of weakness in the up trend
04) then it starts moving in the same direction but candles price action will start going for pause range to expand , this move takes for few more season until you see a strong reversal and move in the opposite direction of the preceding trend
05) There are rules to take trade and there are rules to identify the same in order to take successful trade entries
I have made few of the information visible in the chart in the form of call out , and trend line with angle of deviation
So One can look for these and take a proper steps to avoid losing trade
Good luck keep learning & keep earning
BOSCH looks strong levels mentioned in charts !!
i see stock at 21k +++
condition is it should hold supports of 19500 !! as long as its above 19500
bearish below 19500 zones
Inside bar BOSCHLTDLong on PDH 20018.35 with SL at PDL 19600
Short on PDL 19600 with SL at PDH 20018.35
#BOSCHBinet's Formation
Immediate Target 20417.05 / 23309 / 27990
CCI(D) is in momentum
Buy in small steps at milestones
Broadening Formations, Right-Angled and Ascending/EngulfingThe stock has formed Broadening Formations, Right-Angled and Ascending pattern and one can buy on the touch at horizontal line. There was Bullish Engulfing on 13.06 and it trades above the next day showing strength. Stop Loss is of one bar is affordable.
Entry 18100
SL 17750
Target 19500
RR Ratio 4
Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
Long BOSCHLTD NSEScrip closed up on a massive selling day triggered by uncertainty in GOVT. Formation in Karnataka. FIB support also seen. Low volumes in this scrip usually, but not always, indicate instituitional buying. Caution: scrip is thinly traded mostly by instituitions.
Bosch Limited : A Big Move on Either Side !Dear All , Everything is mentioned Over the Chart ... Good Luck !!!
Medium Term Buy IdeaBosch Electrical ltd finds its weekly support with a breakthough volume in last weeks trading session ...idea is to buy the retracement with a medium term view ...Levels highlighted in charts.
Bosch to join the party : Low Risk High Reward TradeBuy the Monday's open, should reach 21,200 by Thursday.
CMP - 20,000
Stop -19,700
First Target - 20,600
Second Target - 21,200
Risk:Reward - 1:2 , 1:4
BOSCH--- Breakout inevitablePrice is fluctuating in narrow range, keep in watch list for 20500-20700
Bosch LTD: 20050 trading in long symmetrical triangle RES:2400 Bosch LTD: 20050 is trading in long symmetrical triangle since it top in FEB 2015, currently the price is at support level and also near 1/4 to the apex of the triangle. this will move toward the resistance 24000. on break of that level BOSH is gong to see new heights.
