Coal India has been very bearish on Daily time frame and is not able to give price action movement of bullish nature. Thus a recent break of support line and testing its once it is now going to test it second time, though the prob. falls in the second time for retracement but still a price action confirmation can lead us for a short entry.
Well a lord will help when you set your theory practice right. In the above analysis the pink box was support cum resistance which seems to have become a weak resistance point and can be a point of breakout spurt. Do check the volume for confirmation with price action Follow us on twitter and te l e g r a m
Buy : 1610 - 1620 Stop : 1570 Target : 1680 , 1750 , 1800
this is one of the most confusing zone for trader it can easily bounce above the trend line so it can be trap . don't short at the trend you can wait for retest of this zone and if rejected again than you can short the retest. for long we can not long the price above trend line ,we have horizontal resistance above and this is good confirmation for long
BSE crossed descending triangle and crossed 200 EMA in weekly time frame it can be bulish share was in down trend since its listed but now it shows the indication of long term investment. As india is country of young generation and data shows young generation is more intrested in investment Mututalfund/stock and even many new trader listed with many brokers so...
The most under rated stock is now on its dream run, get ready for the big rally. As per my analysis Its now trading inside the triangle pattern so a breakout to the upside can give target of TP1 - 14.45 TP2 - 18 and TP3 - 23 keep stoploss under 9 as it is the bottom of the flag pattern. Good luck and enjoy the ride any bad news for the stock can ruin the rally but...
One can trade in this script with immediate target of 570 followed by 610 and higher before stock split, keep stop loss at 500. Good luck and have a great profitable day. For long term investors keep it in your portfolio and hold for multi fold returns. for more you can visit my site 5nancial.blogspot.com
ril making higher highs, now 52 on week high, after resisting from 1865 the price made a strong support at 1800, our new targets are shown in the chart, wait for breakout retest.
GUFIC BIO PERFECT ROUNDING BOTTOM PATTERN ON CHARTS, PERFECT PICK FOR MEDIUM TERM INVESTMENTS. CMP -78
Disclaimer - Only for study puposes Clear Bump and Run Pattern seen, currently rise is at 30%, soon before earnings report, bump will be seen to 900/950/1000 levels, adjust stoploss accordingly in 1:2, risk reward ratio. **Please comment your views
Price hit First Target and now moving towards .. Market is Bullish and India too.
Price above daily resistance Buy : 515 - 530 Stop : 470 Target : 550 , 600 , 650
Breakout of HUGE Falling Wedge Entry / SL / Target on Chart Decent RR Huge Divergence on RSI too
- RSI creating regulr divergence by not creating Lower Low with price - Break of Down Trending Channel. - Trade the pit for a good RR if it gets filled
NIFTY50 is bearish until or unless 10,700 breaks and flips. Tread carefully. - Bearish Divergence on the RSI - Rising wedge in the formation. Anything can snap anytime. All it takes is one bad news. Thank you
Hey guys, it's been a while since i posted. I have been working on a project lately and thus have been occupied. Will try to post regularly from now on. There seems to be a bullish pennant forming on the chart. Buy here for a good RR ratio. Price most likely won't drop below the trend line as its been maintaining above it for a very long time now,...