1. Formed both "Cup and Handle" & "Inverted Head and Shoulder" 2. Re-test Done successfully 3. Breakout happened at major resistance 4. Raising Volumes during breakouts 5. RSI is also at good level Buy at Current Market Price (around 7425) Target 1 at 8340 Stoploss at 6800 ** Target and Stoploss may vary, depend on one's Risk-Reward Ratio ** This one is...
NSE:TATAMOTORS Looks like a great opportunity to go long for TATAMOTORS. TATAMOTORS formed Inverted Head and shoulder pattern and It broke the previous resistance zone (309-311) Now look for the retest and make an entry (also consider the volume spike at the point of retest) If so, make entry ONLY ABOVE 315 - 316 range and Go Long target 1 : 325 target...
NSE:NIFTY 1. Nifty has formed Inverse Head and Shoulder pattern 2. Also it Breaks the previous resistance zone (14871 - 14884) 3. Wait for the retest and it will bounce back to 15000 levels TIMEFRAME : 15 Minutes