In daily chart stock had already broke its resistance and overall the stock is in bullish form.
It can be consider that the stock will oscillate in this price.
In smaller time frame one hour chart the stock movement is slow but it is in the bullish form. So by keeping support level that is 1853 buy and stop-loss can be 10...
In a easy language if the price will cross 939 price there will be a fall.
Currently price will penetrate and if cross 987 then possibility is it can go 1019. Stop-loss maintain 976 nearby
Also consider this stock have too many pin-bar the price movement is fast.
Pin Bar, which is short for 'Pinocchio Bar,' is a single candlestick setup that clues price action...
The stock has already taken its move.
The stock is moving up-direction.
The value is moving higher and chances are it will continue move higher.
Yet the perception is that the market is perhaps at a point where investors should be buying.
Major support level is 1853.
For long traders it is advisable that maintain stop-loss 311 nearby and trade. The stock is showing that it will move in a up direction.
----30 min chart----
For short term traders it's a big question is it a break, or price will fall down?
Answer is if price cross 323.5 level it will be conform that the stock is going for...
The last pin bar is showing price rejection.
Rejection zones are areas where there is no equilibrium in price. The asset is either over or under valuating, meaning that the market might be oversold or overbought. It's important to spot these rejection zones to know when to avoid a trade and where the key pullbacks are.
Maintain stop loss
Yes, I have sold 3 lots in future . ..
New Update: Suppose to close 670, then hold for target 658-637
Auro-Pharma 692 High... best level short this 692-699 (stoplosss 705)
In the Time-Line, I asked for short 692 nearby :-
Upcoming wave is impulsive wave and target is 577 nearby after up breakout.
Let's check Breakout more closer look.
While breakout the price Congestion, volume should more than 2x from average volume.
The bhartiartl in...
Risk vs. Reward = 5 vs 17 points (1 is to 3)
Suppose to, you are going to get chance for long between 110-105 at where your reward will be more higher than risk.
Support of lower bound at 111 with Safe-Target 127 above for same channel but if price shift toward the new "Value Area (3)" in upward then swing target 138-155.
The Decision is your...
Short selling will break nearby 9231/9125.
==> Money-Maker, staring down loaded gun!
Higher chance to follow 2.Scenario at 9250 nearby.
Dont forget to give LIKES and Comments .
We have enjoyed below Short Selling PLAN A and B:
The price trade under the "sleepy channel" in where price has low momentum target 9596 if continue trade 9200 above.
unsafe 8915 - free fall if price trade below it.
Nifty is still trading into trending channel.
The price above 2683 is bullish.
Expected a small move to downwards and then move towards up-direction.
The price will consolidate within channel
Bullish can mean different things especially for short-term and long-term traders.
How to trade Cup and Handle pattern?
The Cup and the handle pattern is basically the retracement from the prior top to about 1/3rd of the vertical height of the cup.
Cup and Handle pattern can be seen both as a bullish continuation or reversal pattern.
The Cup is usually “U” shaped and may be considered as a rounding bottom with almost equal highs...
Buying in pull-back 2001 nearby.
Put the alert in your trade-terminal.
Expected more than 200 points move in next.
Last week has reversal pin-bar and next week expected move 222 point
from 7-Days AT from the closing.
The price follows to lower...