PRICE IS GETTING REJECTED FROM THE RESISTANCE AGAIN AND AGAIN AND THE TRENDLINE IS SUPPORTING THE PRICE TOO SO WHAT DOES IT TELLS US? GO SHORT
WIPRO NEEDS TO CLOSE BELOW THE TRENDLINE/WEDGE IF WE WANT TO ENTER SHORT WE HAVE TO GET A CLEAN AND CLEAR BREAKOUT TO THE DOWNSIDE SO THAT WE CAN MAKE SURE THE TREND IS WITH US.
BPCL AFTER HITTING THE TARGET IS BOUNCING BACK UP TO REMAIN INSIDE THE RANGE A LONG ENTRY CAN BE PLACED IF WE RETEST THE ZONE
CIPLA IS PRESENTING A CLEAN OPPURTUNITY TO SHORT OR LONG THE MARKET IF IT CLOSES BELOW THE ZONE THEN WE TAKE THE SHORT TRADE AND IF IT BREAKS THE ZONE AND CLOSES HIGHER WE TAKE THE LONG AND RIDE TILL KINGDOM LASTS
IF THE WEDGE PATTERN ON DREDDY BREAKS TO THE UPSIDE CONSIDER GOING LONG TO THE PREVIOUS HIGHS FOR THE TARGET.
PRICE IS IN THE RANGE AND JUST REJCTED THE CHANNEL WALL IM GOING SHORT TOMORROW
LETS PLY THE PAITENCE GAME AND WAIT FOR SBIN TO CLOSE OUTSIDE THE CHANNEL BEFORE JUMPING IN
BAJAJ AUTO WAS FOLLOWING THE TRENDLINE AND FAILED TO CLOSED BELOW NOW THAT IT DID IM GOING SHORT ALL THE WAY TO 2630
HCL TECH WITH PATTERN INSIDE PATERN I WILL GO ONG ABOVE 983 ZONE AND WILL HOLD UNTILL THE PREVIOUS HIGHS.
LOOKS LIKE NOT BEARS NOR BULLS ARE WINNING THIS AWKWARD BATTLE
IOC IS CURRENTLY IN A RANGE SOON AFTER OPENING IT WENT INTO RANGE AND DID NOTING BUT BOUNCE UP AND DOWN YOU COULD'VE SCALPED SOME POINTS I A RANGE.
DOUBLE TOP ON USDINR FORMED NOW LETS SHORT AND WAIT.
AIRTEL IS CURRENTLY FOLLOWING AN UPTREND AND A CLEAN CLOSE ABOVE 392 IS NEEDED TO ENTER THE LONGTERM BUY TRADE AND THE SL TP WILL BE AVAILABLE IN THE COMMENT SECTION , THERE'S ALSO ANOTHER SETUP IF THE TRADE FAILS SELL BELOW 366 IF WE SEE A CLEAR DAILY CLOSE BELOW THE ZONE AND TRENDLINE THE TP AND SL WILL BE AVAILABLE IN THE COMMENT SECTION
BAT PATTERN SPOTTED ON HOURLY AUDUSD CHART LOOKS LIKE A GREAT COUTERTRENT TRADE
ILL BE WAITING FOR DOWNSIDE BREAKOUT ONLY BECAUSE OF THE OVERALL DOWNTREND
WAIT FOR THE CHANNEL BREAKOUT BEFORE HITTING LONG AND ALSO KEEP AN EYE ON THE 21 MOVING AVERAGE IT WILL BE A LITTLE HURDLE IN A WAY.
LETS WAIT AND WATCH IF IT CRACKS OR STAYS HELD MONDAY TRADING SESSION WILL TELL US
WELL WELL IT DID TURNED AROUND AND IM SHORT IN THIS TRADE LETS WAIT AND WATCH HOW IT PLAYS OUT.