The above analysis is based purely on price action & chart patterns. The analysis is done on 60 min TF, hence it may take price to reach the targets in few days to few weeks. Trade setup along with Entry range + SL & Targets are given in image itself. Traders must do their own study before entering into any trade. They must trade with their own money & risk...
the setup is valid for 16Dec 2020 only. the overall trend is bullish, if candle closes above the green line we can take a trade. note:the BO candle wick should not be more than 25% of the body
Nifty it index given upside break out after a correction. Many stocks like Tcs, Mindtree, Infy, Techm and other stocks also given break out or ready to break out. Buy on dip simple.
as per chart 1hr ,bullish
sell below-1090-1087-trgt-1078-1072 by looking a balanced rsi. note-trade at own risk.
This analysis is purely based on price action and Chart Patterns. The analysis is on 60min TF hence target can be achieved in a couple of days. Traders can extract benefit from this analysis in their Intraday trades as well Trade strategy is explained in image itself. Don't chase the price. Always plan your trade & trade your plan Keep trailing SL accordingly...
If it takes support at 1106 today go for buy for the target of 1116 then 1122, Takes support means if 3 or 5 Min candle close above 1106 after touching the price of 1106. Book half at 1116 and rest trail.
this is for only education purpose
It may directly raise towards 1160 level , buylimit @1079 would be a better bid with s/l 1057 Good trading Noufal Mandalil
Infy - Sustaining below 1100, the stock may move towards 1000 - 990 levels.
Hi Everyone, We are witnessing a great period in the world especially the devastating effects due to new coronavirus waves across western countries, especially in Europe, Francy, Italy, the UK, and the US. There are recent national wide lockdown announcements in both France & UK. We are also expecting a lockdown in the US if Biden wins the election. Having...
CALL AND ATTENTION GIVEN TO ALL GROUP MEMBERS . 1. 15 TF TREND LINE WAS RESPECTED 2. IT BROKE THE TL ON 4 TH ATTEMPT 3. CONFIRMATION WAS GIVEN AFTER BREAKING DAY LOW AND RSI CONFIRMATION 4. EASY 300 POINTS GRABBED ON PUT OPTION