Category : Price Action Mid term Resistance breakout (daily), Trend line Breakout (Hourly) Long Above : 412 Hourly chart : Always follow risk management while trading. Saving capital is more important than profits. Kindly join me for more price action based charts for learning. I regularly post many intraday calls along with charts and logic behind them to help...
Price Action : Short term resistance breakout Buy above : 1872 Weekly chart : Always follow risk management while trading. Saving capital is more important than profits. Kindly join me for more price action based charts for learning. I regularly post many intraday calls along with charts and logic behind them to help new traders learn true potential of price...
Category : Price Action Rejection from previous support turned resistance at 2985-2990 Short below : 2490 Next support : 2340-2350 Always follow risk management while trading. Saving capital is more important than profits. Kindly join me for more price action based charts for learning. I regularly post many intraday calls along with charts and logic behind them...
Category : Price Action Short below : 167 Nearest support (Target) : 162 (can reach in a day or few days) Daily view : HINDPETRO was given on Thursday as well and we made decent profit on Friday session by shorting it. Always follow risk management while trading. Saving capital is more important than profits. Kindly join me for more price action based charts...
Category : Price Action Rejection from support turned resistance Short below : 283 Safe trader short below : 277 Always follow risk management while trading. Saving capital is more important than profits. Kindly join me for more price action based charts for learning. I regularly post many intraday calls along with charts and logic behind them to help new...
Short below : 541 Next support : 509-500 Weekly support view: Always follow risk management while trading. Saving capital is more important than profits. Kindly join me for more price action based charts for learning. I regularly post many intraday calls along with charts and logic behind them to help new traders learn true potential of price action trading....
BALKRISIND has given closing above level which was last reached on Oct'18. Stock is in good positive momentum and can be played for both intraday & positional gains
HCLTECH is tried to break trendline entire day today and closed near to it. It can be good candidate for long trade if this is broken in initial session.
BIOCON has given breakout from 2 months consolidation. Based on its consolidation width of 20-22 points, it should reach 320-322 which is also its next resistance. Please be informed that it can also show pullback & continuation in coming days before reaching T1.
Analysis of TATAMOTORS based on subscriber request. 165-201 range is accumulation zone for TATAMOTORS. Once stock closes above 201, it will have strong upmove with T1 as 240-242. Keep adding this in SIP mode as long as it stays above 165 (closing basis)
Short below 539. Next support around 534
Near to long term breakout. Looks good above 372
Looks good above 810 (intraday & positionally)
RAYMOND above 683 is good positional bet for 800+ targets (16-18%). It has major support around 630 region which is respected since 2006. Once resistance at 683 region is breached, it can sail through till 800+ region which will be another long term resistance trend line.