Explained on charts ........ stoploss @1045
This stock is on the way to complete the fifth wave. wait for the trend line break for the mentioned target on charts. violation of the 4th wave negates this trade.This is just my view.... trade according to your own risk management.
Explained on charts.......
Triangle pattern formation on hourly charts. Buy the trendline break for targets of 625 , 640 , 665. Stoploss for the trade @ 568.
Perfect ABCD pattern on daily charts. sell below 570 , Target - 550 , stoploss - 590. This is just my view..... trade according to your own risk management.
This stock seems to be breaking out of a bullish flag pattern on a daily chart. if price closes above 890 today ....we can see much higher levels. This is just my view.... trade according to your own risk management.
Explained on chart......
Explained on charts.......
Explained on charts........
SBI is currently trading in the strong monthly support zone....... so should we buy it here ???. just because the stock is in the support zone , don't buy it blindly . firstly wait for the monthly candle stick to close , if the close is above the support level & we get some kind of a bullish reversal pattern as in earlier two instances, we can take a call to buy...
This stock has been in a tight range for about a month now. Expecting an explosive move on either side soon. This is just my view.... trade according to your own risk management.
Definitely a good investment bet. For those who believe in buying low and selling high , a good time to buy as the price is in the area of confluence ( weekly support & weekly trend line support ) . Stoploss for this trade could be weekly closing below 650. Targets could be the resistance levels mentioned as R1, R2 , R3 & The final target could be the channel...
Hello trader friends..... I received a query from one of my followers asking whether it is a good time to buy cipla. I thought instead of saying just yes or no... why not make it more educational so that it might help other new traders also. I as a trader have always believed in buying low and selling high. Now the question is can anyone predict tops & bottoms in...
After a 5 wave move on the upside on an hourly chart , expecting a corrective wave ABC on the downside. sell below 1410 with a 20 point stoploss for a target of 1360. This is just my view...... trade according to your own risk management.
Dow jones seems to have given a breakdown yesterday.... giving confirmation for head & shoulders pattern. look for retracements for shorting opportunities for a target of 22000. Stoploss will be violation of the right shoulder.This is just my view..... trade according to your own risk management .