Swing trade on airtel. buy above 499 200 ema is showing support. target and stoploss mentioned
Entry exit explained in the chart
All explained in the chart Check the NIIT TECH analysis to see the about stop loss and trailing stop loss
Pennant pattern with good support from 20 ema and 50 ema Buy NIIT Target - flagpole length Stoploss - end of pennant Trailing Stoploss - 20 ema Like and follow my page for more analysis.
Wipro has made a symmetrical pattern and it broke down but tested back again STOPLOSS - top of triangle
Triangle formed in tcs. Target - base length of triangle Stoploss - below 20 ema or 200 ema whatever suits your risk-reward-ratio
All details in drawing
Price went down even after a gap up today. (as opposed to what was expected) But the price has respected the previous resistance line and the 20 ema. In addition, lower lows has formed in chart BUT higher lows has formed in macd - signs of a weaking downtrend. BUY it if you haven't already
Look to buy at the support level. Good down movement and short sellers will look to profit from it so look to go long at the area. Put stop loss 0.5-1% below support.
The resistance level is being tested many time in lower time frames and daily chart show flag (and also breakout pennant) which suggest long oppurtunity for long term. For short term the price may go down from the resistance level and hit the target as I mentioned earlier.
Support test is good. Drreddy is good to go up once again after a sharp reversal from earlier breakout. STOPLOSS - Bottom of support area TARGET - As pleases. look into SHORT@ICICIBANK to set targets
Good test of the resistance level. ICICIBANK likely to go down from here. STOPLOSS - Little above the resistance are TARGET - If the move is slow, wait to run for some sessions but if the move is very quick, beware of sharp reversals
Good resistance Short it and wait for 2-3 days
15 min chart makes a nice triangle after a long run. Volume inside triangle seems to be dried up and breakout of triangle is possible with good volume support. BUY if the price moves above resistance. Target - ideally length of flagpole but be cautious as flag is too long Stoploss - triangle top
Nice growth from quarterly earnings. Lower time frames show parabola being formed at the resistance zone. HUL can plummet till 2100 and then go either way. Short with minimum capital and stop loss is the resistance zone - RR = 75/25 = 3
Inconclusive but good triangle formed. Watch out for the support and resistance zone. Look to go long only if it breaks the resistance zone.
Now is a very good time to go long if you haven't already. I have talked about Target and Stoploss earlier. Check that out.