Previously on UPL we noticed static Downtrend from the level of 673 and that Downtrend continued for a bit long. Currently we are expecting the same Downtrend will continue for next 2-3 days as par our Technical and Statistical Analysis. Enter into the market after the clear trend defined into 5 Min Time frame and wait until formation of 2...
Last week market was overall bullish and sellers had a full control over market. It is still seeming weak and will be in same condition in upcoming weak as per my analysis but as we know that market can change its direction any-time so we can not relay only on analysis. So in ITC chances are too high that market will open in downward side but there is a also...
This idea is inspired by a strategy often used by market manipulators called Search And Destroy from the book named " How To Triple Your Money Every Year with Stock Index Futures " (1984) . In this book, According to Author George Angell's Search and Destroy day is "...When both previous time high and Low would be taken out..." (p.217) In our analysis we...
As per previous learnings, we can see in the chart that price made fake H&S Pattern and after some consolidation made higher low and now again reached at a crucial level. So as per basic price action if it breaks the basic level of 1395 with high selling volume then after some retesting it can go down to 1300 followed by 1260. IF It does not succeed to...
Since we have 2 phases of the upward move and forming ascending triangle pattern in the 15 min time frame, we can expect that it can give a big breakout from levels of 49000-51000 levels. The market can enter into a long long uptrend phase with some frequent minor correction and it can sustain the uptrend till 55000 levels followed by 58000. Happy Trading....
As in the 45M time frame, we found signs of the possible short term downtrend to its previous levels of resistance. Key levels where the price can re-enter are 306 followed by 290. IF there will any bearish momentum in the market tomorrow then we can expect that tata motors will retest these levels in 2-3 days. First level- 306 Second level- 290 Both on the...
Previously, we have noticed 2 minor breakdowns in this stock and bearish momentum is now at its high so the possibility is too high to go down at these price levels. Currently, the price is retesting at 182 level if it goes down in the next 2 days form 172 level then, - Our entry will be at 170 level after the formation of 2 red candles - Our only target in...
WAIT FOR TWO RED CANDLES BELOW 797 LEVEL ENTER BELOW 795 THE FIRST TARGET IN SHORT SIDE WILL BE 777 IF IT BECOME MORE BEARISH IN 2-3 DAYS THEN, The SECOND TARGET IN SHORT SIDE WILL BE 731
If the price sustains above 2.790 level then the long target will be 2.930 .
If it sustains above the level of 1234 then can go long to 1260 followed by 1290. If the price turns back from the important level of 1234 then the short target will be 1175 followed by 1150. Happy Treading.
See morning market movement and take a trade accordingly, min until the opening of 2 candles.
wait for volumes and big candles.