Sreong pullback .... Bulls took stocks from bears hand with good volumn and then we saw good upside rally ... can take target for upside of previous day high which is 1185... as a trader ..Always be bull ...
Tatasteel took support from levels 1103...and then we saw good recovery it is strong recovery from level of 1103 to 1155 which is 5% upside rally ....Not Bad this shows that byuers are getting aggressive on metal stocks ... Wait for levels of 1165 then go long with SL of 1130 On daily chart we can see pullback candle with good volumn...
Stock is in support zone as we can see multipal time support between 1004-1000 Make or break levels If open gap up immidiate resistance is 1013 if give breakou and susitain above 1017 then go long on till 1035 if open gap down we can see levels of 985... 200 days Ema which is 1011 will be strong resistance and support if give break out both side ...
On Higher Time Frame 4Hr ...We can see Inverted hammer which indicate reversal .. It warns that there could be a price reversal following a bearish trend.....
Good Setup For AuroPharma Pure Price Action Based ... I think 1034 is big hurdle for this stock because the way stock fall from this levels with big Volumn.. i will suggest go long After 1035 then we can see upside target ...BUY@ 1035--SL@1015-1010 Targets Shown in chart..R:R=1:1.5 now it in strong support Zone ...IF it break then can see downside levels shown on chart..
On higher time frame infy taking multipal times Support and Resistance From area that shown in Chart wait for breakout .... big momentum we can see both side.... No tading Zone - 1320 to 1380 RSI also weak...Wait for Strong Momentum One can take trade on smaller time frame only for Intraday with their own SL and Target
Following Trend Line Respectfully .. Wait for Breakout Still RSI Is not that much Weak ..... Coping Between Bulls And Bears
As we discussed yesterday .....see levels and targets getting up and up.. Option Call 1100Ce @28 - target 51 SL-20-19
CMP-1013 Support Zone from last few Days-1000/1003 Strong Support-965/975 following Trend from Low of 4th may level of 955..and took strong support with heavy volumn... Can go long above-1018 SL 1005
Biggest Breakout Ever In aarti Drugs ....After giving bonus we saw profit booking and from last 6 months its was Consolidating in 600-740 range ...now today it gave breakout with unbelivebale rally.... U can buy it with SL of 735-730 It might test levels of 780..Good Byuing levels For Short Term TARGET 870-890..IT can give this targets in Tommorows Session For...
breakout with heavy volumn ..... More good really will come in upcoing trading session.. If it sustain above 226 on 1hr candle then the targets as shown in charts BUY ABOVE -226 or 227 SL-218 Take trade wisely as per ur risk ...
As we can see tata motor is following trendline .... it is taking support from this trend line ...may be it will consolidate following to this tredline.. BUY ABOVE-978 SHORT Below-960 SL maintain FOR BOTH-870 if it might break then we can see fall for 1 or 2 trading session... it might be give false breakout ...so take trade wisely . . .if agree ..LIKE IT :)
As erlier we discussed .... that gave good levels and after that we saw profit booking...which means that there was profit booking done buy big players ....and now again its retestes the level and that trend line of 555 and again from here it is going up with good Vol as u can see on Fibc Retresment indicator ... Now fresh entry ONLY ABOVE 571.70 with SL of...
As we can see its taking multipal time support from trend line which is respectfully followed and it took strong support .. and flag and pole bullish pattern also formed and given breakout on it ...so we can see good upward trend in it... RSI is also strong...for intrday u can go above 571 for TARGET of 574-575 THANK YOU...
As We can See on 15Min Time Frame its is showing SymmetricalTriangle type of pattern and RSI aslo Weak ... Making Lower lows and Faced Resistance too long It might me open downside on monday then we can see short side target lets see monady where it goes ...it can go both side and give closing at up or down side then we will see big momuntum... ON Daily Chart...
TARGET +940 TATA steel given two times breakout on flag and pole pattern 1. ON 1H time 2. ON 15 Min IF today it sustain above 935.50 then we Can see more big rally in TATA STEEL