Hello Traders, We have spotted two harmonic patterns on CESC 15 mins chart. Price action has formed bullish Cypher and bullish BAT patterns. I would only enter the trade if price enters my PRZ and RSI is below 30 . Trade Levels: Entry: 902.60 - 905 Stop: 897 T1: 910.80 T2: 915.70 Good Luck!!! PS: If you like our ideas/analysis, please like/share them...
CESC is showing divergence and can be shorted at current levels (970) with SL 1000. target can be 920 and below
You know what flags do. They are extremely dangerous to the price. They it far away from us. But first we have to let the big candle close above the line to make it a good and faster move.
Here you can see the Market movers are trying to push the price high so that they can liquidate their stock , The stock is very high form the point of its trend start , so further moving high is impossible so Big players are now starting to put retail or small traders in confusion and take their stops in case they short the market pretending it will go down , ...
Bullish AB=CD harmonic pattern on 1 hr chart. PRZ 823-821 sl 809 for 830-840
CESC Short below 850 with Stop of 856 for Target of 844
The stock had initially broken out of a downward sloping channel and had held for quite sometime. After much of consolidation it has started moving up again and also has formed a inverted H&S pattern. Stock can be bought at cmp 638 with a target of 680. SL 625 (should trade below this level for sometime). Would not be surprised if this stock breaks 700 also.
CESC trading at resistance if not going to break yesterday high 634.85 then it will touch 600 so be careful enter only above 635
Inverse H & S Pattern in CESC but closing above neckline is important.....
On daily chart The price action moving in a downtrend.The price action will break below the support of channel then GO SHORT and more over RSI,MACD indicators lines are come down so chance less to back to go up.
CESC is giving a short setup. The stock has been moving in an upward trend channel which is about to be broken down.. Expect a substantial correction or sideways movement in the stock before moving higher. Happy Trading