THESE ARE ASUMMSIONS FEDERAL BANK FORMING FLAG PATTERN TGT 01 - 77.50 TGT 02 - 78.50 TGT 03 - 79.50 THIS TARGET HELPS TO MAINTAIN A STOPLOSS
01. FLAG PATTERN 02. AB-CD PATTERN 03.UPTREND ( PARALLEL WEDGE ) I THINK ....THIS REASON ENOUGH TO TRADE OR SHORT TERM INVEST
The stock is in an uptrend and was consolidating for a SHORT TIME and thereby forming an Ascending triangle. Stop-loss is placed according to personal risk management. ITC @ BUY ABOVE 35.75 TGT 01 - 36.05 TGT 02 - 36.25 SL - 35.50
ASHOKLEY has a form FLAG PATTERN, the price has strength on a daily, weekly, hourly chart. We can see price travel up to 112and 114, this level is not strong resistance but the price will take hold for further up move if price break level mention here so we can see 112 and 114 respectively.
The stock is in an uptrend and was consolidating for a long time and thereby forming an Ascending triangle. Stop-loss is placed according to personal risk management. ITC @ BUY ABOVE 210 TGT 01 - 214 TGT 02 - 215 SL - 207
BEARISH Head and shoulder pattern in HDFC BANK and this will break out at 1400. If a retrace happened it will ready to target 1391. After breakout possible, it will show some breakout correction from 1389. Breakout level becomes support after the breakout and it will bounce back towards the target from 1400 to 1420 The good entry point for this trade is at 1400...
BANK OF BARODA ( Cup and handle pattern can be seen in the CHART ) Only make a trade once it RETRACE the support line with high volume, else i would tell you to trade and blast it . SL: 62 TGT : 65.60 Mr.FOX TRADER TEAM - I am in trading TOMMOROW 21 DEC2020 ...
BHEL - (CUP HANDLE PATTERN) BHEL is at a key support area and seems to be a good place with good risk reward entry. BHEL defently reaches 42 stock price ....keep holding untill getting profits