Deepak_dc93

Deepak_dc93

I will buy POWERGRID because : It has been taking support at the trend line . It has touched the trend line a few times and has not been able to break it. So will be looking at buying opportunities. If it breaks the trend line downward then look at shorting opportunity . Entry : 172 Target : 191 Stop loss : 166

Deepak_dc93

I will short tatasteel because : It is facing a strong resistance at the trend line. Its not been able to break that trend line. The price is again at the resistance trend line and may fall. If it breaks the resistance trend line then we will be looking to buy. Entry : 400 First Target : 320 Second Target : 280 Stop loss : 440

Deepak_dc93 Updated 

Entry - 1306 First target - 1270 Second target - 1234 Third target - 1158 Stop loss - 1338 I will short kotakbnk because : 1) It is forming a rising wedge pattern. 2) The price has given a breakout from the rising wedge pattern. 3) The breakout is downards so will short kotakbnk.

Deepak_dc93 Updated 

I will go long on icicibank because its forming a channel pattern Entry - 352 Target - 396 Stoploss - 347

Deepak_dc93 Updated 

11170 is the new support for Nifty at this stage. It’s going attempt to break 11350 after failing for the last three attempts. If this level is taken, it can see 11500 and above zones. If nifty opens with a up trend go long and book profit at 11300-11350 if it doesnt open with up trend dont enter long. Entry - 11250 First target - 11300 - 11350 Second target -...

Deepak_dc93

Crossing 11500 has been a big move and it now has a possibility to touch 11970 levels . Enter : 11647 Target : 11200 Stop loss : 11506

Deepak_dc93 Updated 

will go SHORT on AUDUSD because: 1) The price is forming a Chanel or Rectangle Pattern . 2) The price also broke the trend line . 3) The price is also under Support/Resistance zone. 4) It has touched the resistance. 5) Target would be the Support area . Book profit when it reaches the support zone . ENTRY : 0.71610 FIRST TARGET : 0.71373 STOP LOSS : 0.71633

Deepak_dc93

Wait for the bajahldng to give a breakout and buy or sell in which ever direction the breakout is given . It is also forming a descending triangle pattern.

Deepak_dc93 Updated 

I would short GBPUSD because : 1) It has touched its resistance area and may fall again 2) Entry : 1.31288 Stoploss : 1.30600 Target : 1.31372

Deepak_dc93 Updated 

Descending chart pattern is a type of Triangle chart patterns . Descending chart pattern is formed when price is taking a support and forming continuous lower heights. Adequate buy or short area would be after the price gives a breakout . Descending pattern you can short or buy as well . Wait for the price to give a breakout and enter in which ever direction the...

Deepak_dc93 Updated 

The Rising Wedge is a Continuous chart bearish pattern that begins wide at the bottom and contracts as prices move higher and the trading range narrows. In contrast to symmetrical triangles, which have no definitive slope and no bullish or bearish bias, rising wedges definitely slope up and have a bearish bias. This is just a example of a rising wedge not giving a...

Deepak_dc93 Updated 

I will go LONG on AUDUSD because: 1) The price is under Support/Resistance zone. 2) It has touched the support and may reach the resistance zone . 3) Target would be the Resistance area . Book profit when it reaches the resistance zone . 4) The price is also forming a Chanel or Rectangle Pattern .

Deepak_dc93 Updated 

I will SHORT on GRASIM because: 1) The price is under Support/Resistance zone. 2) It has touched the resistance and may reach the support zone . 3) Target would be the Support area . Book profit when it reaches its support . 4) The price is also forming a Chanel or Rectangle Pattern .

Deepak_dc93 Updated 

I will go LONG on banknifty because: 1) The price is under Support/Resistance zone. 2) It has touched the support and may reach the resistance zone. 3) Target would be the Resistance area. Book profit when it reaches the resistance zone. 4) The price is also forming a Chanel or Rectangle Pattern .

Deepak_dc93 Updated 

will go LONG on CESC because: 1) The price is forming a Chanel or Rectangle Pattern . 2) The price also broke the trend line . 3) The price is also under Support/Resistance zone. 4) It has touched the support (lower end of rectangle) and may reach the resistance zone (upper end of rectangle) . 5) Target would be the Resistance area . Book profit when it reaches...

Deepak_dc93 Updated 

I will go LONG on AUDUSD because: 1) The price is under Support/Resistance zone. 2) It has touched the support and may reach the resistance zone . 3) Target would be the Resistance area . Book profit when it reaches the resistance zone . 4) The price is also forming a Chanel or Rectangle Pattern .

Deepak_dc93 Updated 

I will go LONG on USOIL because: 1) The price is under Support/Resistance zone. 2) It has touched the support and may reach the resistance zone . 3) Target would be the Resistance area . Book profit when it reaches the resistance zone . 4) The price is also forming a Chanel or Rectangle Pattern .