Double bottom formed belween orange & blue line. Around 14:30 buy and got 300 plus points as a profit.
Above blue line buy and orange line below sell. Today sell setup executed at 13:45 and got 60 points. Achieved 1st target.
According to my indicator sell will triggered below orange color and buy above blue according to price and action. Sell setup triggered at 11:30 am and around 600 plus points profit we got.
Got selling opportunity 10:15 am,short at 11:00 am and got more than 600 points.
Got first selling opportunity at 11:30 am , got 150 points and on setup 2nd at 01:45 pm got more than 300 ponts.
Two times got buy opportunity 1st after 10:30 am candle with small profit 100 points 2nd got after 1:45 pm candle with small profit points.
Buy setup triggered at 11:30 am. Around 350 plus points of profit gain. -Buy above blue line by price & action. -Sell below orange line by price & action.
Sell below orange color line Sell triggered after 10:00 am candle give 350 plus points of profit and again at 14:15. Almost 700 points of profit given by this setup. On 1st setup SL is Blue line and on 2nd setup SL was orange line
SL , Entry and Target marked on chart Logic for trade 1.Below orange line - Sell setup 2.Below 40 EMA 3.LH formation
Sell triggered at 1:15 pm candle and got around 100 points on selling side.
Sell setup triggered on 11:00am & 12:45 candle. around 400 points movement we got.
Motherson Sumi price moving between ascending triangle price pattern. As per my understanding we can breakout tomorrow and day tomorrow. Possibilities are for tomorrow. Upside target 95/96/97 if any-case we can't see the breakout stock will travel to downside triangle boundaries and than bounces back.if any case unable to sustain and we see breakdown that...
After a good movement from 1100 to 1300 stock is went into correction mode. Range bound from last 10 days.Moving between demand & supply zone. Might be continue bullish trend or vice versa. For breakout following points we need to consider. Need to break resistance level 1260-1263. Need to break resistance trendline with vol. RSI > 50 Note - ...
SBI bounce back from demand zone if crossed 190 resistance zone we can see good movement of around 5-8 points upside.
To see upside movement Bank nifty need to sustain above price level 21920-22000. facing resistance near about 22000 -22050 price level Above 22250 price level we see good price movement upto 22600 Good by for buy above 22250 or down side 21800/21900 if see rejection on 22234-22250 or 22000 than go for sell upto 21900-21890 or if not sustain on demand...
According to CPR concept we can see good movement on downside. Target would be 151/149/148. Invalid above 156
Facing issues near 646/7/8 near all time high if crossed we can good movement otherwise history repeat again we see rejection from that level.
After taking support near 400-404 support zone stock starts create new Higher high high lows. Might be face some rejection issue near resistance zone 414-417/8 after that or near by there stock get good movement. invalid for buy if breaks support trendline. hope we can a good movement tomorrow.