XD is not equal to 0.786 rest every condition is satisfied
Although XD is not equal to 0.786 and XB is not equal to 0.618
Although XD is not equal to 0.786 and XB is not equal to 0.618
As we can see APOLLO tyres retraced from its support level after the green candle closed above the top of the doji . It can reach till 61.8% retracement . Thus we can sell APOLLO TYRES 240 PE at 2.60 for theta decay , the lot size is 3000.
ONGC has been consolidating near the support zone , formation of green candle closing above the previous candle can result in bounceback from support level. ENTRY LEVEL- 160 The target can be upto 61.*% retracement that is at 165 with stoploss at 155 ie just below support zone.
BHARAT 0.30% FINANCE has been on uptrend according to the price action and has broken its resistance level as the close of the last candle is above the closing of previous candle. One can go long till the price action is continued with stoploss at previous resistance level of 877 with target 1- (935 i.e R:R 1:1) , target 2- 975 (R:R 1:2)
PIDILITE was following sideway channel, retracing from support level and resistance level. As we can se the resistance level is breached by a green candle which closed above the previous candle, we can go long with the stoploss at the breaking of the resistance level i.e 831 with risk reward as 1:2 . Else one can short PIDILITIND 810PE at 8.0 for conservative,...
As we can see Indigo just reached its support level and retraced from there by forming a green candle which closed above the previous red candle, So we can sell Indigo 1150 pe at 3.4 for theta decay
indigo is retracing from support so indigo 1150pe can be shorted at 3.40
kpit reversed from the support line and price action will soon confirm uptrend , so it can be bought at current level keeping in mind that it can retrace till 23.6% , with a target till 61.8% retracement.
TVS motor retraced from its support level( green line) to reach the top of resistance level(red line), if the breakout occurs it can be bought with a stoploss at the exit price of channel i.e. the previous resistance with a risk reward ratio of 1:2 with tsl, if breakout does not occur it can be shorted for a target till 61.8% retracement level.