Averaging & Pyramiding Rules Part-1.
Mainly its part of psychology. If your psychology does not allow you to average with additional small risk just don't do it.
TVS MOTORE 3 TIME TAKE RESISTANCE 630 IN CASH MARKET ABOVE 630 BREAKE TARGET CAN BE 650-665
ENTERY LEVEL 630
SL 620 CLOSING BASIS
TARGET 650-665
TIME DURATION 3 DAYS
CONTECT NO 7201063474
NSE:TVSMOTOR
Tvs motor clearly taken support at the lower end of the rectangle.
accumulate TVS on the next dip with SL below the rectangle
watch the upper end of the range and if it breaks TVs can give ballastic move
Wait for opening , take Buy @ 615 level and target is 636
Yellow line is { target}
Pink line is (support)
Red line is
Note :- don't trade earlier , wait for your turn , if market react 615 take Buy , don't take trade after 10:30AM
Looks good for a quick option.
Take trade as per the values given in Fibonacci. always trail the stop loss. do your own analysis before taking trade
Check these Upcoming ideas - STILL ACTIVE
Check these successful trades & approach on Britannia , Mothersonsumi , DLF , Biocon , Daawat , Infosys , HBL power , HDFC life , Hind ZINC given below
If you like my...
An ascending triangle is a chart pattern used in technical analysis. It is created by price moves that allow for a horizontal line to be drawn along the swing highs, and a rising trendline to be drawn along the swing lows. The two lines form a triangle. Traders often watch for breakouts from triangle patterns.
For Educational Purpose Only
Even though there is no attractive chart pattern for this scrip, a positive news has came out and it may ready to fly tomorrow and in the upcoming days. So traders keep on your radar to catch the momentum and enjoy the profit.
