Zaks_C

Zaks_C

Stock was consolidating after downtrend and had a good breakout candle with Volumes Note: only for educational purpose Entry above 160.50 and Targets as per green line with Stop loss as 139

Zaks_C

Weekly breakout with raise in volumes Only for educational purpose.

Zaks_C

Taking this trade due to following reasons as per marked entry and exit: 1. Candle patten – Bullish engulfing 2. Chart Pattern – Weekly breakout 3. Volume – increase in volume for past few weeks 4. RSI – Taking support at 50 and moving to 80’s 5. Moving average – Crossing 200 SMA

Zaks_C Updated 

Taking this trade during following reasons as per marked entry and exit: 1. Candle patten – Bullish engulfing 2. Chart Pattern – Descending triangle or it is also in Channel. 3. Volume – Price with big volume but no breakout yet. 4. RSI – Taking support at 40 and moving to 80’s 5. Moving average – Crossing 200 SMA 6. (Risky trade with Entry at Blue line, Stop...

Zaks_C Updated 

Taking this trade due to following reasons as per marked entry and exit: 1. Chart Pattern – Consolidation for past few days and Higher highs before. 2. Volume – Raise in volume along with Price breakout 3. RSI – Taking support at 50 and at overbought region 4. Moving average – All SMA below the current price. 5. Entry at Blue line, Stop loss as Red line and...

Zaks_C

VEDL is in consolidation for last couple of weeks in between 205 to 245. Lets wait for it to break either the red or blue line to take a position. RSI is taking resistance around 50. Let is break 20 or 60 levels for conformation of trend.

Zaks_C

Aurobindo Pharma may turn to Bearish. Look for short after conformation of strong Red Candle. 1. Chart and candle pattern - Ascending triangle and Doji formation 2. 930 is the major resistance 3. Trend - Stock is in Bullish trend with great volumes, But a Doji at resistance is formed. 4. RSI is showing Bearish divergence - As the prices are going higher...

Zaks_C Updated 

Taking this trade during following reasons as per marked entry and exit: 1. Candle patten – Bullish engulfing 2. Chart Pattern – Parallel Channel for last 1 year and a breakout with great volumes 3. Volume – Price with big volume and breakout with close above. 4. RSI – above 80. Trending. 5. Moving average – above 200 SMA 6. Entry at Blue line, Stop loss as Red...

Zaks_C Updated 

Reason for taking this trade: 1. BHEL is making Higher High 2. RSI is coming back from Overbought and taking support at 50 level. 3. With Buy around 122 and a target of 150 4. With Stop loss of 117 or we can wait till 112. 5. Volume: For this correction volume is less compared to the move. Note: Only for Education Purpose.

Zaks_C Updated 

the stock will et back s there was a gap around 55. So this will get back to demand zone and move up. Only for education purpose

Zaks_C Updated 

Atula auto sales have increased in last couple of movements. in a bigger picture it is forming a Cup pattern. It had a gap on March 3 which needs to filled and marked the demand zone which is crucial. Only for educational purpose

Zaks_C Updated 

We haven't got the entry yet. Only buy when the daily candle closes above 454 with backing high volumes

Zaks_C Updated 

CAn go short for 15/10/2020

Zaks_C Updated 

Wipro has formed a Bullish reversal pattern on a daily chart and we can go short if it open below 350 for a target of 330.

Zaks_C Updated 

go long till it touches the upper green line

Zaks_C Updated 

Key points whey it is bullish: The daily chart just had a breakout with more than 10x volume. which is Buy signal On Daily Fib retracement the chart had just crossed golden ratio 0.618%. Also it survived to be on top of golden ration.

Zaks_C Updated 

In last one hour reliance had breakdown the bullish trend line and also the current price is below 50 day moving average. So it is a sign of downside

Zaks_C Updated 

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