A POTENTIAL Inverse Head & Shoulders pattern forming on Weekly Chart of IMFA. BUY 270, 285, SL 224.9, Target(s) - 340, 360, 380, 400. It has to cross the swing high of 283.4 and above 285 for the breakout. Measurement = 185. I'm learning chart patterns as of now. You can plan your trades accordingly if you know how to trade these patterns.
INDIAN METALS & FERRO ALLOYS LTD.. Charts only for study purpose .... @Raajjhesh
This is a public swing trade idea from "one right trade" and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. We would comment on any further updates on our entry, targets and stop-loss on this idea, so make sure to follow it if you want to get further updates. Our objective to help...
Call for Wednesday July 29th 2020 // This is a swing trade call and not an intra-day trade // ##This trade is for aggressive traders only## NSE: IMFA (Indian Metals & Ferro Alloys) CMP / LTP: 175.4 IDEAL BUYING RANGE*: 169 TARGET: 210 (Min 20% & above) STOP LOSS: 160 (10 % Max) around DURATION: In 15-20 Trading Sessions Target should be...
Indian Metal & Ferro Alloys - IMFA is available at great bargain price this stock can be accumulated from current levels i.e. 110 till 78 It has recently hit 90 level and that is great support for now breaching which it can see levels of 78 However one should consult their financial advisor before making any decision to buy or sell equities
The high of the strength candle touches the indecision zone and couldn't cross it with strength
Strong support at 235, resistance at 267 and intermediate term target is 297
Sell for 299-281 sl 316 Disc:. 1. No open position 2. Educational purpose only
Scrip can be entered for SHORT post confirmation as it can attract selling pressure after posting unpleasant results -- www.moneycontrol.com Enter below 635 TP - 628, 620, 600, 570, 550 MACD Short term average has already gone below long term average (Death Cross)
Buy above - 800 T1 - 950 T2-1190 T3 - 1430 SL - 670