Wait for RSI to cross 60 on weekly, for momentum to pick up... otherwise, downtrend seems reversed and current week candle being a hammer, support formation seems complete (confirmation will happen with followup candle of next week)
This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. ...
Breakout in DECCANCE in both DAILY and WEEKLY Timeframes.
Entry: CMP
Targets: 630 & 740
DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
Looks good for a move up at the break of trend line and cloud , levels plotted on chart
Disclaimer:
The content of the idea and the interpretation of data are solely my personal views which being said I do not warrant its completeness or accuracy.
This idea published is purely intended for educational and informative purposes, I urge traders to make their own...
Hey there, hope you are doing well.
Here's my analysis, for safe buying only above 661. I will be bullish when any candle sustains above the Green Line.
If it break 606.15 then, more down fall can be expected.
I am not a SEBI advisor, am only a trader.
Hope you like this.
Thank you and stay safe.
DISCLOSURE
This is only for educational purpose
This is not a recommendation
I am not SEBI registered
Do not TRADE/INVEST basis what I publish here
I am not responsible for your loss or gain
It is prudent to assume that I have ulterior motives in publishing this Idea
I and my clients might or might not have a position, I and my clients might or might not...
Triangle pattern breaking out in Deccan cement. if sustains the BO outside this pattern, swing traders can take a call and include it in their trading plan.
