marketaffairs

marketaffairs

Generally, Pullback is occur when stock price break above the resistance line and gain some percentage, but after that it take a pause and fall down to that previous resistance line which just have broken. Also that line act as a support line, because when a resistance line break that line act as a support line, most of the time. Pullback give an opportunity to...

marketaffairs

Market was showing upside breakout, and did not sustain on that price level, and again came back to the trading channel, So that was false breakout. And you can see the red candle on resistance line, so obvious when we see bearish candle near resistance area, then we obviously view that stock now has bearish sentiment.

marketaffairs

Already explained all the thing what we need to know about Tata Motors in this picture. If price full fill the gap i.e. price close below the gap then if you've any existing position kindly square off, otherwise you may put stop loss order here at the price of 435, what I have also done in this stock. Otherwise market will touch the resistance line of 603, and...

marketaffairs

Chart itself break the support line and now cosolidate on that area. So if market again break the support line on upside and stay there for at least two trading session and then showing a bullish candle then you can take long position or buy it. And if you have existing position then kindly use the stop loss below the support line and if today market itself...

marketaffairs

IRCTC touch the resistance point and there is too much selling pressure, that's why the stock is falling drastically. It is expected to take support on daily chart resistance line, because that line was break middle of September, so the line expected to works as a next support level. In this below picture I have also mentioned which are the weekly and daily...

marketaffairs

Target:- 127 Stop Loss:- 104 Buy at Market Order or Place Buy Stop The stock has already touch the support line and showing a bullish candle, which is an indication of upside move, so we can buy this at market order. This is basically parallel channel. Use proper stop loss and maintain discipline throughout the trading period and use trailing stop below all the wave.

marketaffairs

Target:- 108 Stop Loss:- 82 The stock has already break the resistance line and showing a bullish candle, which is a upside breakout and indication of upside move. It is also symmetrical triangle pattern. So we can buy this at market order. Use proper stop loss and maintain discipline throughout the trading period and use trailing stop below all the wave step by step.

marketaffairs

Target:- 84 Stop Loss:- 46 Duration:- 7 to 8 Weeks The stock has already break the resistance line and showing a bullish candle, which is a upside breakout and indication of upside move. It is also similar type of ascending triangle pattern. So we can buy this at market order. Use proper stop loss and maintain discipline throughout the trading period and use...

marketaffairs

Target:- 1400 Stop Loss:- 983 Duration:- 7 to 8 Weeks The stock has already touch the support line and showing a bullish candle, which is an indication of upside move, so we can buy this at market order. This is basically parallel channel. Use proper stop loss and maintain discipline throughout the trading period and use trailing stop below all the wave.

marketaffairs

Target:- 150 Stop Loss:- 111 Duration:- 4 to 5 Weeks The stock has already touch the support line and showing a bullish candle, which is an indication of upside move, so we can buy this at market order. This is basically parallel channel. Use proper stop loss and maintain discipline throughout the trading period and use trailing stop below all the wave.

marketaffairs

Buy at Market or Buy Stop Order Target:- 1007 Stop Loss:- 780 Duration:- 9 to 12 Weeks The stock has already break the resistance line and showing a bullish candle, which is a upside breakout and indication of upside move. It is also a descending triangle pattern. So we can buy this at market order. Use proper stop loss and maintain discipline throughout the...

marketaffairs

A throwback is the retracement that occur follow a breakout of resistance line and take support on that respected resistance which just broken, and turned into support. Throwback may provide a second entry opportunity if the initial breakout trade was missed. Some traders prefer to buy on the throwback.

marketaffairs

Target:- 600 Stop Loss:- 377 Duration:- 10 to 12 Weeks The stock has already touch the support line and showing a bullish candle, which is an indication of upside move, so we can buy this at market order. This is basically rectangle pattern. Use proper stop loss and maintain discipline throughout the trading period and use trailing stop below all the wave.

marketaffairs

Target:- 270 Stop Loss:- 203 Duration:- 5 to 6 Weeks The stock has already break the resistance line and showing a bullish candle, which is a upside breakout and indication of upside move. So we can buy this at market order. Use proper stop loss and maintain discipline throughout the trading period and use trailing stop below all the wave step by step.

marketaffairs

Buy at Market Order Target:- 502 Stop Loss:- 355 Duration:- 5 to 6 Weeks The stock has already break the resistance line and showing a bullish candle, which is a upside breakout and indication of upside move. So we can buy this at market order. Use proper stop loss and maintain discipline throughout the trading period and use trailing stop below all the wave...

marketaffairs

Target:- 230 Stop Loss:- 183 Duration:- 5 to 6 Weeks The stock has already touch the support line and showing a bullish candle, which is an indication of upside move, so we can buy this at market order. Use proper stop loss and maintain discipline throughout the trading period and use trailing stop below all the wave.

marketaffairs

Target:- 2737 Stop Loss:- 2346 Duration:- 5 to 6 Weeks The stock has already break the resistance line and test that resistance line again and used that as a support, showing a bullish candle, which is an indication of upside move. So we can buy this at market order. Use proper stop loss and maintain discipline throughout the trading period and use trailing...

marketaffairs

Target:- 3256 Stop Loss:- 2813 Duration:- 8 to 10 Weeks The stock has already break the resistance line and test that resistance point again and used that as a support, showing a bullish candle, which is an indication of upside move. So we can buy this at market order. Use proper stop loss and maintain discipline throughout the trading period and use trailing...