Short @ Market price @ Market Open Signals are generated using a proprietary indicator developed by me using Tradingview Pine Script. This system works on Daily bars and so entries or exits are at the next market open after getting signal. Key performance metrics generated from TV Backtester are published below (2007 to 2016). Enter with 3/10 th of your...
Trade able Pennant pattern gave breakout with higher volume yesterday. It offers a good opportunity for short term gain. The pattern is relative short pattern so the target can be reached in next week. Risk to reward ratio is quite reasonable.
Tata Elxsi Long with Target @ 1390 & 1480 Levels ...Keep Stop Loss @ 1311
Stock create Triangle pattern and given perfect breakout stock will run so much
Tata Elxsi in down trend seeing a bounce from the weekly trendline support with a Morning star pattern reversal. Should try to test the monthly trendline and if broken can test the weekly trendline too. Entry 1305 SL 1222 Target 1 1441 Target 2 1490 Reward 1 136 Reward 2 185 Risk 83 ROR min 1.6 ROR Max 2.2
Sell TataElxsi Blw 1337.50 sl 1350 tgt 1324/1307
Supply Zone of 1496 - 1520 on 2-Hr chart. Trade Plan; Entry = 1496 Stop Loss = 1532 Potential Target = 1390
TataElxsi is giving a Buy Setup and is ready for a substantial upmove upon breakout. I would be buy stock around current levels with stoploss just below 1590 for a Target of 1800 / 2000. Details are on the chart. Happy Trading!! Siraj Hudda, CFTe Web: www.prowaveanalysis.com Skype: sirajhudda Email: contactus@prowaveanalysis.com Facebook:...