praveen.bhatiya

praveen.bhatiya Updated 

NCC has made beautiful Head and shoulder pattern and touching from below. it is at the 78.6 fib level from the current swing. Entry at this level with small Stop Loss and target around 80 is giving risk to reward ratio. Good Luck

praveen.bhatiya Updated 

The chart has made a Cup with handle pattern but getting overhead resistance before reached the target. It has also formed beautiful triple drive on the top pattern and bearish engulfing in the last bar, therefore I would recommend to short it at current level with stop loss just at the high made a bar ago(on closing basis). With little bearish strength it could...

praveen.bhatiya Updated 

Doji candle formed at the supply zone suggests a short entry at this level. I would look for a short if it trades below 50.45 level tomorrow with stop loss of the high made in the recent bar. By risking this small Stop loss I would look to take profit 2.5 - 3 times of it. Happy trading!

praveen.bhatiya Updated 

Beautiful trend line supporting the up move offers a good long entry into the stock. Decent Risk to Reward ratio at this level. The stock is reversing from the lower level so one can book the profit at target or continue with trailing stop loss for the higher level. Recent bar has made a bullish Harami pattern also giving a reason to long at this level. Good Luck

praveen.bhatiya

The formation itself is telling clearly where it wants to go so just follow the price movement. Stop loss little above the latest picot which is also beautifully aligned with fib 61.8 level.