We can expect that IF the price exits the box and then attempts a downward move a take profit point can be expected at the gap fill range.
Hi Traders, The price of SBI has broken the upper channel which is an indication of exhaustion. There is a key zone at 297 - 314 levels which is in confluence with a Fibonacci retracement level, So we can expect the start of a bearish cycle from these zones. The price can react with the golden zone but the overall momentum will be bearish. If price manage to...
Might be a possible day trade *Strong Resistance Line: It is already pushing the stock down *Selling Zone: The resistance Line is pushing it to the selling zone *Buying Zone: The buying zone is bellow the selling zone and probably might come in action
BEL seems to come out of box along with making a reverse head and shoulder pattern. Trade with targets of upto 170 , keeping stop loss at level of right shoulder i.e. around 88. The company also seems to improve fundamentally with healthy dividend payout , almost debt free and increased cash flow and assets.
buy Reliance if market closes above the provided resistance level.
Reasons- 1) PSU (lol) 2) Weekly trend is down. 3) Rejection from historic resistance. 4) Noob traders buy cheap stocks not knowing it's a falling knife. 5) Small stop with bigger profit targets. Kindly trade at your own risk. Good Luck ^_^
SELL CALL FOR MAHINDRA & MAHINDRA NSE:M_M sell at cmp
BUY CALL FOR BSE:ANUHPHR for short term target - 218 expected profit - 50%
Set up: Wave 4 ABC flat correction is near completion. Target 1: 440 Target 2: 490 Target 3: 525 All my ideas are for education purposes. There is a high-degree of risks involving leverage trading. Trade at your own risk. This is not financial advice.
icici has taken a perfect retracement and could go to higher levels from now on.
HELLO TRADER, I WOULD LIKE TO RECOMMEND TO BUY NSE:BALAXI AT CMP TARGET PRICE - 1090 EXPECTED PROFIT - 80% I'M RECOMMENDING THIS STOCK AS PER TA THANKYOU
ERIS Lifescience is trying to create a symmetric triangle pattern in 6 months timeframe and can possibly give a breakout in upward side considering the pharma sector still has a pending bull run. One can take a long position from 517 - 524 for a possible breakout. Targets should be - 546 - 588 - 588++
Sell bank nifty if 15 min candle closes below 30374.50. and nifty at 13658.60 (spot). Banknifty will be touching this level 4th time if at all it happens. You can buy puts as IV is low. See nifty chart nice sell trade-in morning, if you follow trendlines.
Its kind of bold to make forecast about bankrupt company, but fundamentals & news story aside which i have no idea about. Purely chart based analysis shows that on monthly chart jet airways made beautiful corrective structure for Upward C wave. which i am expecting. lets see when will we see it. thanks & take care.