Hey Traders, Found this Gillete chart at a potentilal level if it stables at this support we can expect a upward movement if it breaks down we can expect a bearish movement In both cases we have the opportunity to trade! Lets get ready...
Alkem Lab engaged in pharmaceutical business with global operations and has good reputation in Pharma sector is technically now trading at it's long term Trendline and also 200 EMA, price close positive for the day as well as weekend a very good Risk to reward which is 1:5.5 seen in this setup so sharing with u guys if u like it pls like the post and let me...
Correction may get over as the price is near a mid term ascending trendline supporting the Higher Top Higher Bottom formation of HDFC, In the short term view on 30min Time Frame it has made tripple bottom which is quite supporting with our bullish bias and on RSI & MACD bullish Divergence can be seen! Entry1: Enter at the current levels putting Sl Below the mid...
It's a weekly tf view last time price tried to break 250 but closed 241 this time it broke and seems sustaining if price breaks 250-252 range and goes above price has very much upside potential. Traget and Sl has provided in the chart based on the Dow and Price Action You can modify according to your own A good entry level will be above 250 Thank You -Rv The Trader
ITC taking support at a crusial level 61.8% fibo level+50 EMA It has upper side resistance just at 50% fibo level so If you want to trade ITC Long side Buy Breakout 220.60 with a very small SL Let me know if you have doubt and what else u see in the chart that I have missed! any suggestion is heartly accepted
The price is currently trading at the 61.6% level of the last impulsive move, the good part of the trade setup is even if the 61.8% level breaks setups will be valid untill it trades above the last zone risk taking traders and go long at 61.8% level with entry criteria placing 71% as SL if someone wants to trade in conservative way enter after the break of the...
Hello everyone, I have been closly monitoring Ashokley since last couple of days and I found this pattern is being formed now as it has consolidated for so much time and has a potential to break tomorrow or next week i would like to request evryone to add this to their watchlist if they want! -Rv The Trader
HEllo traders hope you guys are doing well, Khadims has consolidated for almost 10 months after drastic fall in 2020 now it has created a rounded bottom in near trend also near resitance level and could possibly give the breakout! So lets see how it performs!
TATA POWER has formed a good channel pattern from 13 Years and near breakout level If it crosses 87 level we can see a good breakout upto 100 and then to 150 and probably a lifetime high level! but for now focus on mid term target! -Rv The Trader
As we all know market moves in pattern the way you find them and trade them maintaing a systematic discipline and winning attitude makes u different than others! I tarded HCL multiple times in last 2 years Now again I found a potential trade setup here although market is in correction mode I prefer to communicate with charts and not market gurus, So its a bullish...
Read the chart you will get what I want to say! If doubt arrives feel free to ask! -Rv The Trader
The data and pattern is very much similar to 2003 data when when we had bull run upto 2008, Now the big concern for market is budget it can go either side! but after the news has been absorved by the market it may continue its long lasting helathy bull run of Nifty & Sensex Take the right stocks in correction and dont panic in major pullbacks! We are making...
Hey everyone, hope u guys are doing well, as u can see on the chart that exide has almost touched it pre covid stage, now we are waiting for pullback or retst in both nifty as well as exide! so we can play to accumulate in the price range of 175-185 & the bet part is your stoploss! if the price breaks the structure the stoploss get inavlidated but for area of...
Just going through the toscks of my watchlist and found it to be very potential trade setup so thought to share with you! Trade only in the breakout target the structure low! Conditions: 1> Nifty 50 should be flat to negative 2> Nifty Fin should be weak 3>Breakdown should be witn volume 4>Dont trade in the range before trendline break -Rv The Trader
Hello guys it is clearly visible on chart that Glenmark has cuurently positioned itself at a very important level where it can go either side, so wait for the directional bias and ride the trend! -Rv The Trader
Yes Bank chart analysis is not possible on daily Tf & not acceptable as Intraday Trading also but you can clearly see that it has broken a potential key level now if the price goes back and retest the area it will be a good area toenter for swing or Positioanl trade based on just tye technical also. {Ps: Do remember many investors are stuck in YES Bank so they...
MothersonSumi seems to be testing the previous structure and created double bottom there a perfect long signal generated! -Rv The Trader
I posted a Bandhan Bank breakout post last time after giving a triangle breakout is immediatley came down bcz of the supply zone now the price has corrected and giving a price action momentum in demand zone additionally there is RSI DIVERGENCE! You can analyse your own and can go for long if any setup found according to u! -Rv The Trader