amoghn97

amoghn97 Updated 

TATAMOTORS turns bullish breaking major resistance level from last 15days. it has touched the previous high of month May. expected to turn bullish further with consolidation or retesting it as previous resistance level turning support. watch the move

amoghn97

ESCORT breakout and showed a consolidation moves before going up. it may consolidate further or take support from previous resistance level and move up. watch the move.

amoghn97 Updated 

head and shoulder pattern. check for support line break down and take the trade accordingly.

amoghn97 Updated 

though it seem to be head and shoulder pattern but it seems resistance became support and may it will remain support. pls watch the move ahead

amoghn97 Updated 

stock broke out and went thru a consolidation phase for couple of hrs. it will try to move bullish from here. watch the move!!!

amoghn97

all time high, just completed a head and shoulder pattern. seem to be retested for couple of hrs. pls wait for candle confirmation and take the trade accordingly.

amoghn97

mostly its a sell first

amoghn97

check for reversal candles to confirm buy or more bearish candles for sell opportunity.

amoghn97

check for candle rejections and get into the trade

amoghn97 Updated 

pls wait for some bullish candles and check for price rejections

amoghn97

chart moved down the support region of last one month and VWAP seem to be at higher level to take support.. i.e. possible short selling opportunities. wait for couple of candle rejection to double sure.

amoghn97

if it crosses the support line then go for buy, else if moves down sell first

amoghn97

this is just a low probability guess as I do not much follow Fib. but it is observed that from low to high stock retraced to 38% and if we use extension and if it crosses the V moving avg support then stock may go down till 1985. let me know your comments, this is just a thumb rule I followed.

amoghn97

1. may turn bearish, look at daily 15min time frame for candle rejections 2. if it crosses the 2075 resistance then price may go upto upper resistance level watch and take call

amoghn97

1. may fall till 61% and retrace its trend in upward direction 2. could go down till second support level and reverse

amoghn97

wait for couple of candle sticks to confirm.. may reach the upper trend line.

amoghn97

Sell and two resistance lines identified

amoghn97

it can go local low of 324 and 5 days global low of <324. time to short and watch