This looks like a fake breakout to me. What did you say? what? We should go Long? Han? Really? Well I think the same, Fingers crossed..
Adaniports is at area of value; 361-356. > Though the momentum is downward and price has already pierced the 200 MA on daily chart, it wouldn't be right to predict the direction of the Price movement. > Wait for a solid break below or a strong Bullish candle before taking the trade. > Reward to Risk ratio is quite good in both the directions. Happy Trading :)
Havells has broken out of an old upward facing trendline. Price went down further a little and later on came for a retest of the same trendline. Now the price seems to have completed the retest and is planning to go down further. > This trade offers a good Reward to Risk ratio. about 3/4:1. > Although we don't have a defined target for this trade, but first...
Let the price suggest you its next move. Kotakbank has been in a CHANNEL formation for quite some time now. But now the price has gone choppy which seems like a range market, which is tradable on the shorter time frame. But if we take a step back and see the whole picture. From this point price will either break above the range or will break below it. > Price...
254 Level has been an Important level for Wipro for an year now. > Wipro has taken support of 254 level quite a few times and has now broken the level with big red candle. > Moving averages suggest bearish sentiment. > Short around 252. SL above 255. Target around 232. Happy Trading :)
Idea in the Chart itself Happy Trading :)
Trade stands canceled if the Price breaks the Upward facing Trendline and then we'll be looking for the Short Opportunity. Tomorrow's Price action will be important, wait for it before entering the Trade. Happy Trading :)
Trade idea in the Chart Itself. Happy Trading :)
Suntv, Idea is in the Chart Itself Happy Trading :)
Trade Idea in the Chart Itself Happy Trading :)
Idea mentioned in the Chart Itself. Happy Trading :)
Grasim at area of Value. Overall trend Upwards Support by Support zone, Upward facing trendline and 50 MA. At 0.618 Resistance Level. Long after 852. SL below the Lows. Happy Trading :)
Asian Paints Long after the Break of Resistance zone. Wait for tomorrow's action before entering. I am already in the Trade. Hope for the Best. Never forget the 2% Rule Happy Trading :)
Havells Long. Idea in the Chart itself Happy Trading :)
Havells long after the price breaks 780.5 level Stop loss below 770 Target minimum of 2 Times Wait for the Price to break 780 level for the Confirmation Happpy Trading :)
Trade Idea has been explained in the Chart Itself. Wait for Confirmation. Happy Trading. :)