Indigo has very well behaved in between these support and resistance, recently it got rejected by 1623 resistance line and forming long shadow candle (pointing to reversal).
Open Short Target 1460, SL1650 (should close above).
If your idea matches mine open short, I will keep you posted as price moves.
Please, take a second and support my effort by hitting the...
LIC Housing Finance on daily chart looks weak.
TP is 489, target 471
If your idea matches mine open short, I will keep you posted as price moves. This is my third idea on this stock.. past 2 Ideas has fulfilled target as suggested, I hope will same here.
Please, take a second and support my effort by hitting the "LIKE" button, that's the only fee from You!...
The trend analysis done using few major support lines on daily chart , we are looked into major support/resistance trend line of market cycle trend, long term. Sensex channel has touched high value for all three channel, on 3rd June Sensex touched high value trend line (Resistance) continuing since 2009 and also touched high value uptrend running since Oct'18 and...
First Yay!! We have made 350 point profit from short position 11,460 to 11,010, we opened short from previous idea published on July 14th..
Nifty has supported got supported 11,000 exactly from where I said in my last article, so what’s next get long on nifty, first target 11,182 second target 11,282.
Do your own research and if this matching with mine then you...
IndiaBull Hosuing Finance has broke major support of 555 has started new downward wave, the first support is at 470 and second is at 405.
Place Stop loss at 585.
Do your own research and if this matching with mine then you are ready to go!
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LIC Housing Finance has been moving in very nice parallel channel for a long but it’s looking week on daily chart so there is high probability it can break channel.
After it breaks channel, if you want you can wait for confirmation on 1 or 4 hour chart for red bearish candle.
TP is 516, If it breaks below 510 target are 502, 487
If your idea matches mine open...
Tata motor has broken major support of 152.7 ( 78 % retracement level from previous upward rally) and formed three bearish candle below it which confirms accelerating downward moment, and showing it will test old low of 129.15 and will go below further. This is no more pullback wave as it broke 78% retracement level but its new primary downtrend wave. If you look...
As Ashok Leyland has recently broke long term major support of Rs 80/-, the long term downtrend is triggered.
Line is Red is stop loss and black line is targets. Thin black line are intermediate support and thick black lines are major support.
Trading price: 75
Target: 71, 65, 56.5, 47.5 (placed above support line)
Stop Loss: 81.50
On hourly chart Bitcoin has completed H&S pattern, also right shoulder had pushed down by resistance at 50EMA,and volume surge on breakout indicate short on Bitcoin..
SL at breakout 10,400.
Enter in trade if your analysis matches mine. Please Like for Alerts.
As I have said in my last post, it was pullback wave to $10,000 (defined sell zone) and it reversed from there, which is what we expected. Everything is going as predicted so analyze target for new bottom and hope it follow-defined path.
The new bottom we are looking here is $8200. From previous up-trend this can be seen as consolidation zone and could change...
Bitcoin is making lower low and lower high confirms bearish signal by breaking major support.
From my previous analysis, we can see Bitocoin had pullback to $11,000 and price has been rejected from ‘Resistance line made by lower high’ started down trend breaking major support at $9800. Next suport for bitcoin is $8800. We will analyze again,when it reaches near...
The trend analysis done using few major support lines on daily chart, we are looked into major support/resistance trend line of market cycle trend, long term and intermediate term. Sensex channel has touched high value for all three channel, on 3rd June Sensex touched high value trend line (Resistance) continuing since 2009 and also touched high value uptrend...
Looking at daily chart, LIC housing is in uptrend since Oct 2018 and going up in cyclical very nicely. LICH has recently reversed from new high by resistance trend line showing target of 510 at its support trend line.
Looking at weekly chart, down trend of gold was long over and has recently break out long side trend as well. Gold has formed breakout pattern on weekly chart, where it has surpassed strong resistance of $1365 (facing since February 2016).. If we look at long-term investment horizon 3-4 years, Gold is ready to take off for new all-time high. Targets are determined...