Hello, Traders! After the dump, the price of COMP returned to the active trading range of $89.83 - $99.22. The price has now entered an uptrend after collecting the liquidity of buyers. The price is supported by the MA100 on 4H timeframe. A low-risk trade can be considered after the price is fixed above $99.22 after its retest. The targets will be at $110 -...
Have a bullish penant on timeframe 4 hour
Britannia sustaining above 3250 can move towards 3600 and 4000 levels
BRITANNIA - BREAKOUT CANDIDATE Above 3490 it can move towards 3860 - 4000 levels
ICICIPRUDENTIAL - towards 480 - 500 Stop at 370
As long as nifty is holding 10140 -10120 levels , the probability of its moving towards 10450-10550 is still on the cards hence its buy on dips as long as its holding 10120 on intraday basis and 9940 on weekly basis.
The Trendline breakout has been seen on the dabur intra charts and the said breakout is followed by the trendline retest. The Trendline which was earlier working as resistance are now supposed to be working as support. The said trenline support is aligned with the harmonic cypher pattern support@ 460 levels. This is small risk trade with a stop at 452 levels,...
AARTIIND - SHARK SHARK - time to bounce Holding 890, stock can bounce initially to 960-990- levels and will revisit if moved as expected. The stop is placed at 870
Cypher pattern is apparent on hourly chart of OFSS and stock did bounced from its prz around 2300 levels. Currently its trading in the narrow range near the 2370 levels from past two sessions, if see a break above this levels , they we may see move towards 2470- 2580 levels. The said view will be negated below 2280 levels.
HEROMOTOCO Stock now have a good support in the range of 2020 -2060, hence any pullback would be a opportunity to enter longs in the said range as mentioned above. Any move above 2100 would see 100 points fast jump in the stock. This view will be negated below 2020
Cadila has seen breakout from 1 month consolidation pattern, and if sustains above 327 - 330, then it is probably heading towards 345 and 350.
Stock looks good, as long as it is holding 666 levels, it is heading towards 750 levels. Trade Type : Positional TRGT :750 Stop 666, trail stop 674 Minor Resistance at 700 levels, above which it can zoom fast. Do not follow blindly, please do your own research.
Price reversed sharply sometime last week from a weekly historical support which as held strongly for some number of years now, Bullish momentum is going pretty well for USDJPY but i expect this bullish momentum to slow down as price approaches the next resistance ahead which is at 112. This zone as been holding nicely since April 2019, Could it hold this time...
GBPUSD is looking bullish as buyers are strongly holding the demand zone level 1.28750, Hopefully bullish sentiment continues with this momentum and drive price upwards towards 1.29750(TP level). Risk Warning : The risk of loss in trading Foreign Exchange (FOREX) can be substantial. You should therefore carefully consider whether trading is suitable for you in...
Price may yield a rather interesting structure - a barrier triangle. For this to materialize, two things need to happen: (1) Price must respect key resistance at 0.6436 and, (2), the formation of wave E in the triangle must not overlap wave C, as this will be the invalidation point if the triangle plays out. We don't yet have a buy setup. Stay out and wait for...
I am still biased on buying the AUDUSD from my zone. waiting on a strong signal to go long. For updates, join my telegram channel to track my weekly analysis @ t.me careful planning leads to Profit. Acting too quickly leads to poverty. Proverbs 13:14.
Price seems as if it has completed a simple running flat structure. This running flat also has the potential to emerge into an expanding flat. A long trade seems probable because the Stochastic RSI is signalling a buy setup. Wait for clear confirmation before looking for any long trades.
Buy stop @108.800 JPY with target @109.500 JPY or maybe higher @110.000 JPY (use Trailing Stops) and conservative stops at @108.200 JPY or a closing-basis stop below the low of 108.580 JPY . For more information on targets - Refer to the following charts (the Horizontal resistances and the channel resistance are drawn) *Alert* / *Note* -...