The stock has seen a sharp rally in the past couple of days, resulting in a big breakout from a range. The price action today is suggestive of some kind of a corrective move that is underway after the recent spike in price. I would love to see small bodied candlesticks with below average volume over the next few days wherein the price either drifts lower to the ...
2/1 support angle was violated on Thursday but it managed to close above the angle on Friday. With this, the scrip has turned bullish and if it manages to remain so, we may have a short/ intermediate term target at 490 and long term target at 650.
Entered on 30 July 18 on 500.60 with a stop loss at 471.55
TSL update on 02 August 18 from 471.55 to 480.00
TSL update on 14 August 18 from 480.00 to 534.95
TSL update on 20 August 18 from 534.95 to 565.50
Current Trailing Stop loss = 565.50
In case of hitting stop loss confirmed profit of 64.90 points.
VIP Ind is trading in upper channel on one hr time frame. which repating a cycle of high to low , and low high as shown in chart.
Intra Day trade setup for 19 Jun 2018
view: bullish for intraday
Time Frame : one hr candle stick chart
trend : bullish
pattern : upchannel
indicator: MACD(5,13,9), Stock(5,3), RSI(14)
Buy above one hr bullish candle from ...
Scallop has broken out at 393. If it holds this level targets could be 460/500 and a blue sky target of 610 ( Full target for scallop)
Disclaimer: Only for study/discussion purpose, not a recommendation.
1> The big gry box which can show demand and supply zone
2> The pink box which show the support of 365 to 355..
wher u can see on 21th may it was just gng to touch our
3> The brown box show tat major support of 325
it is given here.
There are nearly 3 big brkout has happen at 325
whic touches our pink box to 355.. frm ther it goes
on to gry box ...
This idea is based on daily charts for short term traders to learn and trade on their own risk. This idea is based on my Technical analysis. As after a downtrend series when a bar is closed above previous bar low followed to this if third day bar reaches higher than previous bar, then it is in uptrend movement it can be bought on that or preferred time is to buy ...