recltd has completed wave 4 and heading towards wave 5 which may end at 255
Federal bank formed C&H pattern on weekly chart can we see price at 110 after a positive breakout above 78 ????
as we can see it completed wave 1 at 110 wave 2 completed at 81.60 are we in wave 3 ? which may extent up to 183/184 lets see......
price may go down up to 61.8% at 490 level which may act as a channel support let's see......
tatasteel formed morning star on 15 min chart lets see price move to T1 491 T2 498 sl 482/478
FOR STUDY PURPOSE ONLY look here, from low of 42 it goes to 85 (wave 1) then retracement of 50% at 62 gives (wave 2) now let's see wave 3 MAY end at 113(ext. of 1.618% wave 1 )BLUE line OR at 130 (ext. of 2% of wave 1 ) PINK line (LET's wait & watch ) IF wave 4 is 50% retracement of wave 3 then comes 94(YET TO DEVELOP) IF wave 5 1.27 ext. of wave 3 then...
as we can see new block is developing, we assume t1 181/t2 197 sl 165
may come to 76 level before new up trend close below 84 weak signal also note RSI divergence
Let's see which way price moves 1) RED 2) PINK 3) GREEN 4) OTHER !!!
buy above 160 T1 193 buy at 132 T1 160 T2 193
Highlighted box area (1785 days ) is it wyckoff accumulation ?? also there is triangle breakout ?? Share your view
TRADING IN PENNY STOCK IS EXTREMELY RISKY
ABNUVO may correct to 1345 to resume upward journey... what is your view ?
Senior member requested you to advice can we say it as a flag pattern ? if yes what is target and SL ??
hcl insys has breakout triangle on weekly chart can we see target 112 in one year?????