IN MY PREVIOUS SHARED IDEA WE COULD CATCH THE MOVE FROM 1535 TILL 1560 WHICH WAS THE TARGET LEVEL GIVEN FOR NOW IT HAS MOVED BEYOND TARGET LEVEL CMP @ 1570 +++ WHAT NOW FROM HERE ??? PERSONAL VIEW:- ON DAILY CHART, SCRIPT IS RUNNING @ TOP OF A TREND LINE WHICH HAS BEEN TESTED MANY TIMES AND NOT BREACHED SINCE MAY'20 LOOKING @ THE CURRENT MOMENTUM THERE CAN BE...
INVERSE HEAD & SHOULDER PATTERN + CUP & HANDLE PATTERN - PERFECT HANDLE FORMED @ 50% RETRACED LEVEL SCRIPT @ 52 WEEK HIGH A BUY NEAR 123 LEVEL ON CLOSING BASIS FOR TARGET OF 20-25 POINTS disclaimer - for study purpose only
MOVE TILL 2060 + POSSIBLE VIEW NEGATES BELOW 1940 disclaimer - @own risk
sale for tgt 656, 653 stop 673 or as comfort disclaimer - trade @ own risk
GOOD MOVE SEEN FROM 1033 TO 1055+ MORE 50-100 PTS CAN BE SEEN ON CHART ABOVE 1055 SUPPORTING FACTORS - CURRENT VOLUME BAR + RSI STRONG BULLISH STRENGTH BELOW IS THE PREVIOUS SHARED IDEA POST ON LT FOR REFERENCE
REASONS >>>. trianlge breakout >>>: flag formation breakout >>>: retesting breakout support line @ 612 level THIS SERIES BUY FOR SWING TRADERS POSSIBLE @ CURRENT LEVEL OR AT A DIP TOWARDS SUPPORT LINES WITH 650-660-AS TARGET ZONE ON RADAR disclaimer - trade @ own risk
A MARKET MOVER IS AN INDIVIDUAL OR A FIRM READY TO BUY OR SELL A PARTICULAR SECURITY THROUGHOUT THE TRADING SESSIONS, PROVIDING BIDS AND ASKS ALONG WITH THE MARKET SIZE OF EACH. MANY MARKET MAKERS ARE OFTEN BROKERAGE HOUSES THAT PROVIDE TRADING SERVICES FOR INVESTORS IN AN EFFORT TO KEEP FINANCIAL MARKETS LIQUID. MARKET MOVERS ARE PROFITING ON THE BID-ASK...
TVS MOTOR VIEW CONTINUATION (disclaimer - for study purpose only) BUY ENTRY WAS SUGGESTED FROM 483 LEVEL WITH TARGET RANGE 500-515 WHICH IS ACHIEVED WHEN IT COMES TO PATTERN FORMATIONS WE CAN SEE ON DAILY CHART SCRIPT HAS MADE INVERSE HEAD & SHOULDER PATTERN + CUP & HANDLE PATTERN COMING TO SUPPORT & RESISTANCE CHECK :- THE SCRIPT IS NEAR THE LEVEL WHICH...
EXIDE ENTRY TARGET 1 193, TARGET 2 197 STOP 181 disclaimer - trade @ own risk - for study purpose only.
positional buy around 135 level till 123 stays in tact on closing basis trend analysis shows - script has been following small rounding patterns since the fall in the year's beginning disclaimer - for study purpose.
A Break From Big Big Analysis Rather Take Time To Look Into Something Offline But Meaningful
TWEEZER TOP DESCRIPTION >> BEARISH PATTERN, IDENTIFYING A RESISTANCE LEVEL >> 2 OR MRE CANDLES WITH THE HIGH POINT ACHIEVING THE SAME LEVEL >> CANDLES CAN BE EITHER COLOUR PSYCHOLOGY THE UPPER EXTREME OF THE SHADOW REPRESENTS AN AREA F RESISTANCE. BULLS WERE NOT WILLING TO BUY ABOVE THIS PRICE, SO THE BEARS RETURNED IN FORCE TO DRIVE THE PRICE BACK...
based on W pattern formation entry for buyers possible here @ 1535-30 level for target 1560 + stop as comfort supporting points >>> RSI consistently showing bullish momentum >>> resistance line 1535 possible break for next upmove disclaimer - join your own study to enter trade.
BASED ON PULLBACK THEORY STAY LONG WITH STOP 1380 ON CLOSING BASIS WHAT IS PULLBACK ??? A pullback is a temporary reversal of the current trend, either up or down. The price action in the market moves like a wave: - in an uptrend market, you will see price continue to increase but even whilst it is increasing, there will be times when price will drop. Then...
REASONS > CROSSED 52 WEEK HIGH > NECKLINE BREAK OF HEAD & SHOULDER PATTERN > NECKLINE BREAK OF ROUNDING PATTER > RSI SHOWING BULLISH MOMENTUM SAYING ONGOING BULLISH TREND BUY - TARGET - STOP LEVELS GIVEN IN IDEA POST disclaimer - join your own study for taking entry
BUY LEVELS WITH STOP AND TARGETS MENTIONED ABOVE BIGGER TIME FRAME ANALYSIS WAS POSTED ON MY PROFILE EARLIER DETAILS ATTACHED BELOW disclaimer - join your study to enter trade
Rounding pattern formation Lead to a bullish rally Later on breaking of neckline All follow up candles touched neckline Interesting note is last 3 day candles Almost DOJI candles back to back These makes it curious for a reversal and start of downtrend below neckline Sale wud trigger around 104-103 with so 108 disclaimer join your study to take trade
OBSERVATION :- TWICE RESISTANCE LEVEL 255 TOUCHED ***RSI*** ON ALL BIG TIME FRAMES ABOVE 65 - 70 MARK SAYS BULLISH TREND CAN STAY ON A DEFINITE BUY SEEMS ON CARDS OR HOLD LONG POSITIONS FOR SOME MORE TIME disclaimer - join your own study to enter trade PREVIOUS SBIN LONG VIEW ATTACHED BELOW