TV18 BROADCAST IS GETTING READY FOR A BIG MOVE.. CAN GO LONG ONCE IT BREAKS THE RESISTANCE ZONE
DOUBLE BOTTOM and FALLING TRENDLINE THE EXPECTED BREAKOUT IS IN UPSIDE.. LETS WAIT UNTIL IT BREACHES THE ZONES..
BHEL: 1) ASCENDING TRIANGLE 2)WAIT FOR THE BREAKOUT TO TAKE ENTRY NOTE: TAKE ENTRY ONLY IF THE HOURLY CANDLE CLOSES ABOVE OR BELOW THE LINE..
TATA POWER: 1) SYMMETRICAL TRIANGLE 2)BREAKOUT DONE 3)BASE HEIGHT CAN BE TAKEN AS A TARGET
Cadila (short term) 1)Buy at cmp (444) 2) targets will be 450 & 456 respectively
Intraday 1) Trendline & support at bottom 2) Take entry after the breakout
Ambuja Cements (Intraday) Buy above 305 (only if the 15 mints candle closes above 305)
FALLING TRENDLINE: THE EXPECTED BREAKOUT IS UPSIDE LETS WAIT UNTIL IT BREACHES THE LINE
Bpcl 1) Trading in perfect box & sideways 2) Have to trade only after a breakout 3) The height of a box can be taken as target
1) TAKE ENTRY ONCE THE 15 MINTS CANDLE CLOSES ABOVE OR BELOW THE DRAWN LINE. 2) BE AGGRESSIVE ENOUGH TO BOOK UR PROFITS 3) HAPPY PROFIT MAKING :)
TRENDLINE BASED ENTRY : CAN GO LONG ONCE THE CANDLE CLOSES ABOVE 212 CAN GO SHORT ONCE IT BREAKS THE TRENDLINE AT BOTTOM
1)RANGE BOUND MARKET 2)TAKE ENTRY ONLY IF THE CANDLE CLOSES ABOVE OR BELOW THE LINE
PNB: 1)DOUBLE BOTTOM IS VISIBLE. 2)THE NECKLINE HAS BEEN BROKEN. 3)CAN GO LONG FOR SHORT TERM POSITIONAL ENTRY.
TRENDLINE BREAKOUT WITH BIG VOLUME.. LET THE DAILY CANDLE CLOSES ABOVE 26.20, ONCE IT GOT CLOSED CAN GO LONG..