CESC trade ideas
CESCJust for observe or do Paper trade
Disclaimer: I am not a SEBI Reg. analyst. All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
CESC - SHORT SETUPIf the low of big candle is broken, we can go short.
Trend line breakdown. A big candle formed by a big player. Then a pause candle (inside candle), hence when big candle's low is broken, the momentum may be faster since the buyer's SL will be hit creating immense selling pressure.
CESC ShortWent short @660 with SL 683 and final target of near EPA (estimated Price of Arrival) line
watch for long term Trendline breakoutbuy cesc on trendline breakout above 644,
it is making cup and handle as well can see on zoom
Ascending triangle formation in CESCCESC is forming an ascending triangle on daily chart. Good to keep it watchlist..Post breakout we'll decide on levels.
CESC Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
CESC Short term target of 660 with RR 1:3CESC consolidated well from 660-670 Zone of 9th June 2020. It is seen that the stock is taking support near 600 levels which also preserves the level of the strong bullish long day candle formation of 1st June 2020. Today, a green candle with decent volume is generated which closed above last 5 trading days closing price. Daily RSI level is at 52 which indicates to be a decent turnaround. A triangle formation is also visible at this level. A close below 595 negates the view.
For intraday view of 24th June 2020, last few trading days are mostly balanced low range days. Any open above 605, and driving higher towards 612-614 can be bought for a intraday move on a pull back with SL at days low. If first 15 mins forms a bearish candle breaking 605 and staying below, the intraday bullish view is negated.
Happy trading guys. Always calculate risk amount before entering a trade and have a strict SL. Cheers.
CESC CASH : LOOKS GOOD ABOVE 635.10CESC CASH - Positional call
07.06.2020
LOOKS GOOD ABOVE 635.10 AND DIPS 624-625
STOPLOSS 615
TGT 664/695/740
CMP 618
(Waiting for Breakout)
CESC SHORT TERM ....TARGET 850+ (BULLISH)Hope everyone has boarded the BUS...about to start and expect T1 by mid Jul'20 and T2 by end of Jul'20
CESC - potential long trade Depends on market trend,
Incase if starts trading above 650, next target will be 665.
As it will be strong resistance, we can see from previous reversal ... incase if cross this level CESC will test 690 to 720 levels
Kindly add to watch list and trade with trend.
CESC BreakoutBuy CESC @ 585 For the target of 650. SL @ 533. Pls consult your financial advisor before trading.
Long swing tradeThe pull has come till 38.2 % of Fib retracement. 66 EMA has also taken support.
SL - 574 approx
