I'm looking to sell after a brief rise near 9161 with stop 9200 for Target 1-9115, Target 2- 9090 Lets see what happens on Monday Cheers
I am looking to go long when price cools down in the Area and confirm the support is properly established , it just broke the previous resistance with Big Candle , so the stock need cooling time Once indication of Up thrust I will jump for Target of 175 with stop 150 in 1 Month regards
Many have different theory of support and resistance , but in Price action trading you can understand very clear indication of price braking the resistance , Normally resistance have to be broken by big candle , the amount of force require to overcome sellers in particular area requires lots of buying absorption, in other words when institutional want to push...
I am looking to enter after small retrace up to 1490, with stop 1465 for Target of 1512/1527 if initial price move down ward then i many not be considering to enter , Cheers
NTPC is passing through strong resistance area , As Per 4 H candlestick charts IF price close above 168 Can look for Price target of 174 stop would be 162 in this case since proper stop is not possible to place due to huge congestion area below 168 Cheers
Dish TV its second week higher price rejection indication on Chart, Now Question is Will it reach 111.90 or will reverse from CMP ? Monday you can look for reversal indication in case further price advance is failed Cheers
Price action is still in undecided condition , if price drops and rest on 39.05 and rebound it will reach 41.30 if brakes the level of 39 then you can look for 36.10 Monday will be clear deciding day of direction let wait and watch Cheers
Weekly Candle charts indicates strong move ahead , but 4 Hour Charts says consolidation , where this stock will move Next , A billion dollar Question ?? Lets observe now Cheers
What is interesting is that the stock was trading in range bond form 2010 Now it broke the range and trying to retest the support at 330 if price holds at 330 and rebound then we can look for new higher high in the stock , the only Question is weather the intuitional investors are keen in rising it further high ?? lets wait and see coming days price movement will...
Friday closing id Doji with low volume , the stock has tested its resistance after braking out and its ready for take off , Lets party , if the price opens or close above Friday high then you can expect the stock reach 600 in Week with stop of 535 , and you can expect to see higher high , but failed to hold CMP and brake the 535 Then you can look downward Cheers
People often go with time frame of 15 M, 30 , and try to do day trading in the small time frame setting up stop Just as below their buy , but the fails to understand the Market Move in context with larger time frame or what is happening in Large trend , Many buy small pull back and get stuck with getting stop hit , and many sell at the end of trend and get...
Technically the stock is heading higher high , and there are some small profit booking is going on I'm looking to enter between PRZ of 391/393 with stop 383 for target of 400/405 as I know the risk to reward is not good when compared to stop price and target price but in day trading we cant just put the stop where the price may react to visit , so its important...
Axis bank you can see the price action in day chart explain everything you need to know The price earlier was moving with slow upward sloop , then in 6 seasons the price moved up with 45 degree angle , You can identify that the price movement is basically not supporting the volume and also you can identify the steeper move are always risky because of fear at...
This kind of brake down in price is common when the News released , I'm my view I'm stepping in for buy tomorrow and with stop of 36 for Target of 40, it seems risk for everyone , but its not risky trade at all Buy on CMP with stop of 36 is risk ?? for target of 40 ?? I don't think so even if you can make 39.50 its more than sufficient Risk to reward , Lets...
The price have reached a point as lowest compared to historical price I'm will be keeping watch on this stock as to look for reversal sign , once the Major investor starts investing I will look to joint and hold for Long term My Projections are I'm looking to enter once the price Mark up to 68 with stop 60 for Target of 100 in 3 Months to 5 Months Good day
Interesting price action , its purely for trapping the traders , since smart money are still left with back log so they are pushing the price , but no volume is seen in the price pushing that it self is very clear , In my opinion they may push the price to convince small or week hand buyers that the market is about to rise and sell their stocks to week hand...
Its a Good tool provided here , basically those who do not understand where the market is heading this tool can become a flash light in your trading life You can use this tool to identify the trend and the impulsive movement of the stock when applied to day candles, or any time frame Standered use is 5,10 period i hope that will serve you to put support and...
You can see the Choppy Zone indicator will work fantastically when used for Day candle chart to avoid choppy area , You can do two major identifications with this 01) Choppy Zone are created by Smart Money because they will be accumulating the stocks ,so you can come to know once you reach choppy zone and indicator will show you its choppy 02) Check the volume...