Adani Enterprise has given a breakout from pennant in its downtrend meaning the downtrend will continue from here. CMP: 134.65 Targets are 117 and 112 with Stop loss (152.45), Target 3: 80, after falling below 112 you should start trailing stop loss strategy to maximize profit. After reaching 117 revise stop loss to 134 (sell price), than I would suggest to...
Trading price 400 Target 387 , 377 SL 410 today / after every trailing SL from black line
Open Short position only when price stay below 645 for 4 hours (meaning we are looking for one bearish candle below 645 for confirmation) .. Trading Price 640 Target 605, 560 SL 670
This is complex Head and Shoulder pattern, the pattern in past has served profits very well. Open a short on break out of pattern neckline of price below 545 for target of 455 and 390.. SL 580 (price should close above 580 on day chart to exit) This pattern formation make idea very strong. Happy Trading. This position will need longer time to make both target...
Open Short position TP 407 Target 394, 380 SL 420 (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 "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...
Open Short Target 60, 50 SL 81 (should close above). Reason bad debt: other than DHFL, Yes Bank have huge exposure in CG Power. It also has loan exposure to HDIL. 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 "LIKE" button, that’s the only fee from You!
Maruti Suzuki first target 4800, second 3400. Maruti has break long term major support sets it in free fall. 4800 should be in 2 months by Oct.
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! ...
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...
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...
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! Please, take a second and support my effort by hitting the "LIKE" button, that the only fee from You!
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
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...