1. "TITAN" Forming an triangle over the charts. 2. Waiting for breakout. 3. Take a trade in the direction it breaks.
1. Tata Steel broke down the major trendline support & retested it. 2. Breaking horizontal support of 390 will push down the price to key levels which are marked over the chart. 3. Keep your stop loss for short above the blue trend line and enjoy the ride.
1. Banknifty is showing bearish sign over the lower time frame. 2. Breakdown from the major trendline support. 3. Expecting A-B-C Correction here after completion of 1-5 Sub waves. 5. Great R:R Here.
1. IBULL broke down the lower timeframe resistance and now moving towards higher time frame resistance (Red Horizontal Line) 2. 3 HR Bullish Diversion playing out. 3. Strictly follow the Stop Loss. Diversions provides you best possible scenario with worth R:R. Playing out them either makes small loss or bigger reward.
- GOING TO SHORT BANK NIFTY IF IT CLOSES BELOW THE RED LINE AND BLACK TREND LINE ON 15 MIN CHART.
- SIEMENS India broke down the major trendline. - Expecting a retracement to 0.618-0.786 FIB Levels.
After a strong move up expect a retracement to come down and build a support. 730-710 are the key levels which can be tested.
- Major TL Broke Down. - Retested and moving down. - Looking for both highlighted zone to book profits for short.
1. Looks like BTC is forming H&S Pattern over smaller time frame. 2. Pattern is not yet completely formed but keeping an eye over this. 3. Will Take small long position on right shoulder & add more on breakout.
- RBL is facing rejection from downtrend line from last some months. - This trenline is always tested by the RBL Bank and rejected from there. - This time if this trendline breakout and 2HR Candle close above it, than it's good opportunity for 30-50% movement. We Don't Give 4 Line trades with Just Entry, SL, TP. Go through analysis and than decide you should...
Expecting a move down to fill the gaps. Retracement of last move up.
Keep an eye over the forming triangle. Play the breakout and breakdown. Don't get ripped in the triangle.
taking this trade setups.
Play the setup. Exit on invalidation. Book profit on each fib level.
Taking a short entry here. major trendline broke down.
1. Took entry on the break of wedge around 1503-1504 2. Waiting for a move up to 1538-1550
1. Everything depends on the close of candle or breakout of the resistance. 2. Take Entry when it breakout from the trendline resistance. 3. Wait for retest over smaller timeframe to get better entry with top loss.
Shorting Reliance on the basis of trendline break.