Nifty sell entry generated today
1)Conditions Doji candle formation on daily.
2) Exact closing at 61.8 retracement
3) Abcd Harmonic pattern formation
Bigger target 9500 if u can hold positions
FIRST LEARN THE RULES OF THE GAME THEN PLAY BETTER THAN ANYONE ELSE.
AAKASH R KOTHHARI
Gold Has given reversal on weekly time frame.
As per our trade entry rules we had built position at exact low of 1263 on Friday 6 OCT 2017.
Harmonic patter reversal : ABCD PATTERN IDENTIFIED ON Weekly
Trend Analysis : trend reversal seen at 1260 -1265 levels
ENTRY : 1263
TP : 1310/1330
Gold Has given reversal on...
Dear Friend after a recent rally in crude oil prices now it is time to sell.
CMP is trading near 50$ with an sl of 50.20 the same can be shorted.
initial target for 3 days comes to 47.2$ and findal target of 46.5$
Extremely low risk high probability trade.
the same setup is also an example of ABCD Pattern analysis.
those long in andhra bank should book profits at these levels and initiate short positions at 61
1) previous resistance and supply level
2) Good Risk reward ratio as sl only 1.5 rs from entry
3)Tgt 1 57 tgt 2 55
Adani ports recent fall is result of topping out however still there is good chance for intraday or two three days holding trade.
1) Entry range 320-322 and stop loss around 317
2) tgt 341
3) RSI SUPPORT WILL BE Around 40
4)Daily demand expected at 320 levels and pullback expected
adani enterprises has given non stop rally from levels of 60. more than 100% returns in past 2 months.
Sell range 120 - 123 Target 106-107 sl 127
1) Prices pierced bollinger band but unable to sustain.
2)RSI Stretched and near overbought levels.
AB NUVO is a clear sell candidate as per current scenario.
1) testing previous resistance 1550 - 1580
2) Also completion of bearish Bat pattern and harmonic resistance. level coinciding.
3) As per bollinger band entry strategy this is perfect entry for positional sell tgt 1476
4) RSI Divergence also not supporting upmove in prices.
STOP LOSS 1.3070
Target : 1.3403
Leverage : 50
means every one dollor invested gives u control over 50 gbp so if u invest 100 dollors u control 5000 gbp
one pip movement is 50 cents or half dollor.
if SL get hit you loose 50-55 dollors if tp gets hit u gain 165 dollors thats 1: 3 risk reward ratio approx