Arnold7Ratan

Arnold7Ratan Updated 

Target 13.85 SL 8.4 Good chance to enter Discalimer - as you financial advisor before taking trade I am not responsible for you

Arnold7Ratan Updated 

Even though it is falling within channel and a short trade is very much forming, but I would say either enter here with SL of Rs 2 Entry 144-145.7 SL 143.7 T1 151 T2 166

Arnold7Ratan

Faling within Channel already reached near lifetime high expect to fall within channel before turning back.

Arnold7Ratan

Channel bounce me occur and it may get back to the top

Arnold7Ratan

DO NOT TRADE, THIS IS ONLY FOR LEARNING It may fall and the support is at 310

Arnold7Ratan

The candle on D and W closed right on the line, so one can expect reversal. There is also an Ascending Triangle forming. Logically one may want to short for the next support. But I would like to go Long with SL below yesterdays low 775.5 Targets T1 - 50% of channel retracement T2 - Once it breaks out of the triangle - take next resistance 862 T3 - 880

Arnold7Ratan

Could BO but look at NIFTY before trading.

Arnold7Ratan

THIS IS NOT A TRADING IDEA, use only for education There is a rising wedge forming and the stock may correct by about 300 points out of which 100 points are already done, another 200 points possible. All targets mentioned on chart

Arnold7Ratan

May fall - Rising Wedge

Arnold7Ratan

Long at 2711 for 40 points

Arnold7Ratan

Nifty can stay in the new positive channel and could go to 14480 and then correct a bit within channel may get sideways.

Arnold7Ratan

NIFTY at the top of the channel This seems like - 1. Either Nifty should go up another 100 points to 14277 and then come back in the channel. 2. If it goes out of the channel, then I can only day one thing buy as many lots of NIFTY as you can and book at every 150 point moves or trail SL. It is insane to see such up moves, logically the price should get down but...

Arnold7Ratan

Levels mentioned on chart

Arnold7Ratan

The chart forms a descending triangle with support at 1172 and intermediate resistance at 1296 so one can long here with tiny stop loss or wait for the breakout that is 100 points away.

Arnold7Ratan

It has been consolidating for a long time Resistance at 120 Should break that and reach 132 THIS IS NOT A TRADING IDEA EDUCATIONAL ONLY

Arnold7Ratan

The resis tance has been tested twice and should now break out and then there is a TL BO at 600 for next target at 650 ~1%

Arnold7Ratan

IF it breaksout above this level and the market sustains then should go to 113 THIS IS NOT A TRADING IDEA USE IT ONLY FOR EDUCATION

Arnold7Ratan

Pidilite is breaking the upper trendline on weekly time frame, one may go long. THIS IS ONLY FOR EDUCATION I MAY OR MAY NOT TRADE