sandmehta2014

sandmehta2014

Seller Momentum is slow while going down if you compare it against the buying rally. Stock is near its demand zone. You can buy after 2 consecutive high volumes (Compared to selling).

sandmehta2014

Price action is showing the supply zone. Sellers are strong, you can notice strong selling in the last two rallies. You can sell after reversal from the Fibonacci level (0.5,0.6) as the stock is above the weekly pivot.

sandmehta2014

Using Price Action you can tell Supply Zone. Stock is losing momentum as it is not making any higher highs. You can plan to sell once it breaks the trendline.

sandmehta2014

BUY: 1161 TARGET:1730 TARGET 2:1755 TARGET 3: 1847 SL: 1601 In Demand Zone. You can check support in the 1-Hour chart. RSI Diversion

sandmehta2014 Updated 

ENTRY: 696 TARGET 1: 720 TARGET 2: 750 SL: 670 RSI Divergence, But buy only if it hits ENTRY with high volume. Insure RSI is above 55 before buying. Positives: - RSI Divergence - Weak Seller - @ 696 It would break the R1 resistance of the pivot point. Negatives: - Still in a downtrend. - No higher highs

sandmehta2014 Updated 

Pure Price Action Trade. Open for Discussion. ENTRY: 641 TRAGET 1: 657 TARGET 2: 686 SL: 614

sandmehta2014 Updated 

Buy only if the stock goes first to test the resistance at least @185 Entry: 191 Target 1: 196 Target 2: 204 Target 3: 220 PRO: - Strong support @183 - Stock looks in a consolidation phase. CONS: - In Downtrend - No Higher Highs

sandmehta2014 Updated 

Buy if RSI goes above 50 in 4 Hours chart ENTRY: 48.70 TARGET 1: 50.95 (@ Weekly Pivot Resistance) TARGET 2: 52.50 SL: 48.20 Positive: 2) Above Day pivot 3) BB baseline support Negative: 1) Downtrend 2) Risky Trade

sandmehta2014 Updated 

Buy if RSI goes above 50 in the 4 Hours chart. For the safer side, you can also purchase on Retrace. ENTRY: 273 TARGET 1: 279 (@ Weekly Pivot Resistance) TARGET 2: 290 SL: 267 Positive: 1) RSI Divergence (@4 Hour Chart) 2) Above Day pivot 3) Small selling candle shows less selling pressure Negative: 1) Downtrend 2) Forming Lower Low. 3) Risky Trade

sandmehta2014 Updated 

ENTRY: 399 TARGET 1: 430 TARGET 2: 446 SL: 377 Positive: 1) Strong Trendline break. 2) Strong price movement 3) Trading above Day Pivot 4) RSI above 50 on 4 Hour Chart Negative: 1) Still in Downtrend 2) No Higher Heigh 3) Risky Trade

sandmehta2014 Updated 

Buy only if RSI goes above 50 in 4 Hours chart ENTRY: 554 TARGET 1: 568 (@ Weekly Pivot Resistance) TARGET 2: 578 TARGET 3: 594 SL: 548 Positive: 1) RSI Divergence 2) Would be above Day pivot 3) BB baseline support Negative: 1) Downtrend 2) Forming lower low 3) Risky Trade

sandmehta2014

ENTRY: 68.10 TARGET 1: 69.55 (@ Weekly Pivot Resistance) TARGET 2: 72.55 SL: 66.95 Positive: 1) RSI Divergence (@1 Hour Chart) 2) Above Day pivot 3) Rejection on Day Pivot Point Negative: 1) Downtrend 2) Risky Trade

sandmehta2014 Updated 

ENTRY: 50.65 TARGET 1: 53.60 TARGET 2: 53.60 SL: 49.25 Positives: - RSI Divergence - Making higher highs. - Good Volume buying on 2nd August. - Breaking Trendline. - Trending above 50 MA. - Head and Shoulder Pattern Negatives: - Still in Downtrends

sandmehta2014 Updated 

ENTRY: 175 TARGET: 191 SL: 170 For the safer side, Buy after a Retrace Positives: - Good Volume buying on 28 and 29 July. - Trending above 52 MA. - Making higher highs. - Strong support on 175 - RSI above 50. Negatives: - Looks in a consolidation phase.

sandmehta2014

ENTRY: 169 TARGET 1: 193 TARGET 2: 218 SL: 158 Positives: - RSI Divergence - Weak Seller - Good Volume buying on 29th Jul and 1st Aug. - Support on 168 - RSI above 50. Negatives: - Still in a downtrend. - No higher highs

sandmehta2014

ENTRY: 103 TARGET 1: 110 TARGET 2: 110 SL: 98 Positives: - Good Volume buying on 1st and 2nd July. - Trending above 50 MA. - Making higher highs. - Strong support on 175 - RSI above 50. - Breaking Trendline Negatives: - Still in a downtrend.

sandmehta2014 Updated 

ENTRY: 415 TARGET: 470 SL: 403 For the safer side, you can buy on retrace as well. PRO RSI Divergence Good Volumes. Breaking trendline with good volume. Would be above 50 MA if hits 415. CONS: No Higher highs. Stock is in a downtrend. 🙂 KANSAINER, RSI Divergence ENTRY: 415 TARGET: 470 SL: 403 For the safer side, you can buy on retrace as well. PRO - RSI...

sandmehta2014 Updated 

ENTRY: 731 STOP LOSS: 701 TARGET: 791 Buy after retrace. PRO: - RSI Divergence. Above 50. - Breaking Trend Line. - Lower low shows weak selling. - Above Day Pivot Point. CONS: - Still in Downtrend - Trading near previous Resitance