****Positional Trade**** Price Is Crossing above Ichimoku cloud in 15Min, with increasing volume. Price is breaking the Trendline and crossing upwards too. Quarterly Results are nearing Below Trades can be taken considering current scenario. Long Above 3090, SL 3065 Targeet 3110/3135/3150
Price Is Crossing above Ichimoku cloud, with increasing volume. Price is breaking the Trendline and crossing upwards too. Also it had breached weekly resistance of 505/507, though it closed below it at 501. Below Trades can be taken considering current scenario. ****Intraday**** long above 504, SL 498, Target 512. ***Positional *** long above 504, SL...
Price currently Ranging. Breakout/Breakdown In view, Mostly breakdown. Long Above 3045, SL3030, Target 3075/4000 Short Below 3020, SL 3042 Target 3110/2990/2970
****POSITIONAL VIEW****** Short Below 269.5, SL 274.5, Target 265/263/258 Long Above 274, SL 270, Target 279/282/284
Price Moving in a channel. Long Above 382, SL 379, TRGT 384/386 Short Below 378.7, SL 381.4 TRGT 377,375,372.5
Price Moving in a channel. Long Above 382, SL 379, TRGT 384/386 Short Below 378.7, SL 381.4 TRGT 377,375,372.5
Price Momentum is decreasing in Daily chart and the price is at Daily resistance area. Volume is also decreasing according to daily chart. Price is at thinnest part of Ichimoku Cloud and about to breach it. If breached 3280 Convincingly , It could be a major Breakout. Otherwise it may reverse till 3200. Long above 3280, SL 3235, Target 3345/3380
Price break below Trendline with convincing volume suggesting a fall. POSITIONAL VIEW short below 196, SL 198.7 target 192/190.80
***Positional Trade*** Trendline and Ichimoku Cloud Bottom Break At the Same time with Volume Supporting a break. Short Below 492.50, SL 497.20 TRGT 483.50,
SHORT BELOW 1995, SL 2008 TRGT 1980/1965
TATASTEEL has formed a spinning top candle in daily chart. It currently is in the range of Weekly Resistance of 428-436. Crossing resistance of 436 may fetch 452. Short below 420, may fetch 410/400 Long Above 436, SL 428, Trgt 452 Short Below 420, SL 426 Trgt 410/400
Long above 3145, SL 3100, Trgt 3200/3240 Short below 3105, SL 3135 Trgt 3070/3050/3040
W pattern breakout today on daily candle.Corresponding volume suggesting breakout. Daily candle also crossed weekly resistance range of 425-431(SHOWED BY BLUE ZONE), THOUGH not that convincingly. LONG ABOVE 435, SL 430, TARGET 441/445
Positional View: Price has reached Daily Supply Zone . IT has made a Daily Candle Pattern like "Shooting Star". It also has made a 52 week high yesterday. It might get reversal from here. Short below 534, SL 540, target 527/521
INTRADAY: REVERSED FROM DAILY RESISTANCE RANGE 2352-2358. SHORT BELOW 2325, SL 2360, TRGT 2290, 2270 POSITIONAL VIEW: DOUBLE BOTTOM PATTERN HAS MADE.VERY HIGH CHANCES OF REVERSAL FROM THIS LEVEL. LONG ABOVE 2360, SL 2260, TARGET 2500.