last time at this price point HDIL printed a pin bar and moved to 66+ and this time again it has printed bullish marubozu, so i will go long tomorrow
HDIL (NSE) for some time is trending in a rectangle and currently at a very strong support zone. It seems to be bouncing off it. It a good opportunity to go long. I am waiting for 1 day candle to close above 52. RSI shows a reversal however MACD is yet to cross over. Three things to keep a note of- 1 day candle closes above 52. MACD crossing over RSI showing...
Levels mentiond on the chart resistence in our take profit. 65.01
buy above - 68, stop loss - 65, target - 85 riske:reward = 1:6
One of the pattern that occurs very often is the range. One can trade it easily this formation using only price action without any help from indicators or other studies. Whenever the price breaks out of the range in either direction we can look for entry into the trade. There are 3 ways to enter marked in the chart. 1. Enter on the breakout. 2, Enter on the...
Based on Support; Trade has already started, Can book at different FIB levels.
HDIL can be bought above 68 for a target of 76. Currently trading at 66 levels near to its resistance zones. Feedback welcome.
Fresh baying is possible only after 63
R1 R2 R3 R4 R5 R6 75 78 81 85 88 92 S1 S2 S3 S4 S5 S6 67 65 61 57 55 51 Cheers!
Big Moves Ahead - Long HDIL cmp : 62 Target : 68 + Strict SL : 59 Duration : 15+ days
Must close as a strength candle with H>62.90 AND C>60.40 Must close as a strength candle with L<53.55 AND C<56.75
NSE:HDIL has reversed after hitting triple bottom. One can go long above - 60.50 T1 - 67.80 T2 - 80.84 Sl - 52.50
Double bottom formation done. Waiting for breakout at 66.10. MACD cut will happen on coming days. Stoch also moving from oversold region. Target range :62,66. After breakout the double bottom range on upside Target is 74-78
HDIL at Support, Buy with small SL of close below 52 cmp 55.25 Target 60/64