manojrai36

manojrai36

can this stock follow the imaginative path as projected.i will not trade as will not be on screen.just for study

manojrai36 Updated 

negative divergence on the weekly time frame and a bearish wedge on the daily.stop loss should be 762 and a short position in the marked zone close to stop loss can be considered for a target of 720.

manojrai36 Updated 

rejection at resistance and a probable double top in sight.to be shorted below 300 or near 307-308 post PA confirmation.

manojrai36 Updated 

ANY RETRACEMENT TOWARDS THE AMRKED ZONE SHOULD BE USED FOR SHORTING POST PA CONFIRMATION FOR 1025 LEVELS ATLEAST

manojrai36

short rades to be considered once price breaks 1250 zone

manojrai36 Updated 

PRICE EXPECTED TO SHOW RETRACEMENT

manojrai36 Updated 

PRICE IN DOWNTREND AND CURRENTLY FORMING A DESCENDING TRIANGLE .ANY BOUNCE TOWARDS THE UPPER TRENDLINE IS TO BE USED FOR SHORTING POST PRICE ACTION CONFIRMATION.TARGETS CAN BE HUGE IF THE BREAKDOWN HAPPENS.

manojrai36 Updated 

TRENDLINE RESISTANCE FOLLOWED BY A BEARISH AB=CD

manojrai36 Updated 

ANY RETRACEMENT NEAR THE 1460 ZONE SHOULD BE USED AS SHORTING OPPORTUNITY IN CONJUNCTION WITH PRICE ACTION.SETUP TO BE NEGATED ABOVE 1469.

manojrai36 Updated 

THE RECENT UPMOVE IS NOT SUPPORTED BY VOLUMES AND PRICE FACING REJECTION AT THE CURRENT LEVELS.ALSO THERE IS A DOUBLE TOP IN SIGHT FOLLOWED BY A WEDGE WHICH INDICATED PRICE IS LIKELY TO TOUCH THE 1150 LEVELS

manojrai36 Updated 

the stock has hit resistance trendline followed by negative divergence on the daily and hourly time frame along with a probable double top formation and shooting star on the hourly time frame.Price has also retraced 61.8% from the high and lows of year 2018.Hence one can look for shorting opportunities in the current zone. to be shorted close to 1215 for a better...

manojrai36 Updated 

price has been rejected at the resistance levels on the weekly time frame and has formed a shooting star.with the high of the shooting star a short trade can be initiated

manojrai36 Updated 

THE 15 MIN TF HAS WITNESSED A STRUCTURE BREAK.LONG TERM TREND IS BEARISH.TRENDLINE HAS BEEN BROKEN TO THE DOWNSIDE FOLLOWED BY A BEARISH CROWN IN THE MAKING.A SHORT TRADE CAN BE LOOKED FOR ON THE .618% RETRACEMENT TOWARDS THE 954 LEVELS,STOP LOSS-966,TARGET-930

manojrai36 Updated 

trading in a range and possible cup and handly pattern in the making.upper range of 228-230 can be expected soon.a double bottom has formed on the 30 min charts on the support

manojrai36

BUY NEAR 680 FOR A TARGET OF 720.STOP LOSS CLOSE BELOW 670 THE STOCK WILL ALSO SEE A DOUBLE BOTTOM BREAKOIUT ABOVE 967 LEVELS.

manojrai36

THE STOCK HAS BROKEN OUT OF A FLAG PATTERN BUT THERE IS A RESISTANCE AT NEARBY LEVELS AROUND 65.5.A BREAK AND CLOSE ABOVE 65.5 WILL LEAD TO INV H&S BREAKOUT WHERE A LONG POSITION CAN BE MADE WITH A SL OF CLOSE BEOW 62 FOR A TAGET OF 71

manojrai36

sTOCK CAN BE BROUGHT ABOVE 47,sTOPLOSS 45 CB FOR A TARGET OF 53

manojrai36

THE STOCK HAS RETESTED THE TRENDLINE SUPPORT AND IS IN THE OVERSOLD ZONE.RSI TRENDLINE SUPPORT CAN TAKE THE STOCK TO HIGHER LEVELS.LOOK TO ENTER LONG ON A RETRACE TOWARDS 150 LEVELS.STOP LOSS-143tARGET-165