came up on radar after going through insider deals.. promoter on accumulate mode..just as the long term trendline is broken.
earnings scheduled today..look to play on the long side most likely with a 2 rupee stoploss..if stoploss gets triggered go short big-time long target 435 minimum,short till 390 easy
cup and handle pattern gets completed at 63 buy for a target of 68 first,then 73!
bearish cup and handle formation observed.. short for targets of 265/260
trendline broken today..the 100 points bears gave to bulls as a token of appreciation for bringing it up.. abhi tapkaa daal
This is another RCOM type candidate,short once and forget! hold short till 69,after which we could see a reversal and re-test the upper TL post some consolidation around lower TL levels
triple top formation seen on bnf at spot 24330! short now for excellent risk-reward! targets 24000 and 23800,re-evaluate henceforth after first target sl 24340
Nifty broke the rising trendline today thus completing a penant pattern..confused if i'm being slightly pre-emptive or should wait for further confirmation and short at 9820.. calls building up at higher strikes in the options data today..waiting to see the action tomorrow.. pattern targets at 9710 followed by 9530
weekly support trendline,wait for bounce off the tl then time to play ping-pong!
bullish engulfing on daily charts,flag pattern breakout targets 1550,1700!!
explained in charts.. playing for the small bounce not recommended because high probability of it turning into a bull trap. better to sell the bounce when we see a doji on smaller timeframe next support comes close to 100 ema around 23700 levels.
buy at cmp for 112.5/118/132 with a sl at 106.2
channel breakout fail.short this guy until the lower end of the channel.. .520/515
At this juncture.it's better to react than to predict..the consolidation looks somewhat like a penant,but this preceded by a double top warrants caution.. a breakout on either side can give us 70 points then either we reach the support at 10k where a cup and handle kind of consolidation pattern might be made.. on the other hand a breakout straight-away cannot be...
short at cmp or sell on rise..for targets of 332/320
upward trending channel breakout on this one.. CAN we cruise past the trendline this time? lucky 3rd time retest..