Can be shorted now as well as at point D. Forming a double top pattern and has started its downward journey.
Chart says it all. Forming an inverted cup and handle(Bearish). I expect it to breakdown in few days.
TATA Motors consolidating with a symmetrical triangle at the top of an Uptrend. High possibility of breakout(Point C) upward. Target 1 - Point D and Target 2 - Point E. Keep an Eye
TATA Motors did go up today as said in earlier idea but had a fall. It is forming an inverted flag and pole pattern. Can be traded at breakout at a target of 129 and 127 respectively.
PIIND has already given a breakout and can be traded above 197 tomorrow. A good 1% target is expected.
Hello All, I've been tracking M&M whole day today. M&M is forming a inverted Cup and Handle pattern as drawn in the chart. It has a very crucial support of 600 which it tried to break a lot of times but failed. I think it will breakout downward tomorrow. Can be shorted below 599 and target of 580 and 590 respectively.
Hello All, ONGC gave a breakout yesterday from my levels and is again forming inverted flag and pole pattern. My stance on ONGC is neutral. Upward movement : Can be traded at breakout at around 67.70 and target of 69 and 70.(According to Pivots) Downward movement : Can we traded at breakout around 67 and target of 67.25 and then 64. (According to Pivots)
Chart says it all. Its giving a breakout again after a long retest.
Tata Steel forming a flag and pole pattern can give a upside breakout again. Can be traded at breakout around 395 with a target of 400 and 405 respectively.
TATA Motors forming a double bottom pattern and can be traded above the neck line drawn at around 130.6 to a target of 136. I hope its the correct pattern I've drawn . Open for suggestions.
Publishing my first trade idea. New to this. Please bare with me. HDFC is forming a symmetrical triangle on 5 min candle. It can break up or down tomorrow. Long position - Enter around 1206 and small target of 1219 and next target of 1230. Short Position - Enter at the candle close of the downside breakdown. Target of 1193 and next target of 1180.