gold short after breaking the trendline near 2652 SL 2659 T 2641
Biocon at suppply demand conversion zone (215-225) On 4 dec 2017 , there is huge gap up, sustain and moved up. After a period of 19 months price again came near gap up spot and acted as demand zone. Again Feb 2023, price came back at spot {gap up} , again acted as demand zone. So, the question is , should go long or not ? decide it on own Dont...
ICICI GI at demand zone -1100-1120 SL- very small(1070-1085) 3% TARGET-1220, 1275, 1340
Right now, it is sitting at demand zone-181-184 Do trade on support basis or trendline breakout Donot trade on horizontal breakout ... mostly fake out { why?-- because big players buying from support or bottom so after breakout they dumped hard, sometime not} SL- very small 3-4% Target- 1st-201-204, 2nd- gapp area...
Godrej prop sitting at demand zone- 1170-1210 This is a weekly chart so it wil take time to show up move Those who are investing through SIP, this is best level to do in it Swwing trade- entry at 1170-1210 , SL-1100-1110
* Those who are trading hOrizontal breakout , horizontal breakout is stilll panding. { ON VERGE OF BREAKOUT} *Tredline breakout is done and give a good bullish candle * Start analysis of all midcap stocks and find out which are either on verge of breakout or just breakout * Some stocks are on verge of breakout. *I will upload analysis...
*MTAR pop out from a good consolidation after couple of weeks *Breakout with huge volume candle *candle size is huge so the problem is where to enter and put SL? 1. if next day forms a red candle , retrace towards 1680-1700, take entry and keep SL below the engulf candle 2. if not happen, SL will be huge that is 9% ...
Weekly time frame- Broadening Wedge Pattern Daily time frame- Triangular pattern Breakout Target - high touch of wege pattern 315-320 SL- Low of triangular pattern 218-223 RR Ratio-1:3
*If today closing done above counter trendline, one should enter at end of the day. *Target -1680 * SL - low of the green candle * FMCG sector is shining . * Nifty FMCG at vege of breakout of all time high
* Supply zone-4600-4670 * 4 times return from supply zone and this is 5th time (high prob. of breakout from supply zone) *Price is contracting between supply zone and supportive trendline * Targets- 1. 5000 2.5190 3.5800 SL- just below the supportive trendline (4280-4340)
> Today BRITANIA moved by 9%(dont know ...any news or what) . This is a huge move for a large cap stock. > Now BRITANIA is talk of town :) > It touched ALL TIME HIGH {first time-> act as a resistance or cannot cross in a single punch} > As per Technical analysis it will start to correct to some levels or consolidate but less probability for more...
Apollo hospital is taking multiple rejection from {4600-4670} and became a crucial supply zone. There is a trendline where price took support multiple time and Now the price is at the support line. There is also a Ascending triangular pattern with 3 nodes. One should enter at this level with small SL. If price closes below the...
** Breakout Done but..... ** This is a huge range or horizontal breakout. ** These kind of breakouts fail( 80% of the time ) ** This is the time when big sharks book their profits and price fall **This is the time when...
**New setup- ** Supportive trendline with multiple touches and counter trendline for breakout confimation ** Lower high formation ( bullish trend) > pattern on supportive trendline will work ( probability-83%) ** here a triangular...
**Breakout done but....candle size is huge so risk has increased so where to put stop loss ? (main concern) **One can see, the breakout done at confluence of two trendlines- one is dash line and 2nd continue line. ** There are three touches on upper counter line and five touches on...
** This is a weekly time frame analysis (it is not like one buy and price start to move , it takes time to fly) ** Biocon is seating at demand zone (300-280) **Stoploss -258-263 ...
**Trade update **After a long time period (almost one year) gave breakout. ** Triangular pattern with 4 touches on lower side( support zone) and 6 touches on counter trendline ( more the touches, breakout will sustain) **This is a circuit script so the big targets can be...
**This is weekly time frame analysis so that only used for medium term swing trade. ** Demand Zone- 3300-3450. ** Double Bottom At Demand Zone ** Above the 200 EMA( which is good sign) ...