*Everything is mentioned on the chart. I hope it is easy to understand.
*Don't jump in to trade at the beginning of the market. let it get settle for 15-20 min first and judge price action.
*Avoid gap up or gap down chase. Wait and trade between level.
Note :Trade with strict stoploss. It may or may not hit all the levels. So one can book profit / loss at...
TATA Elxsi expected to fall soon. On weekly TF, RSI is giving -ve divergence. Moreover, it can be observed from the chart that there is a Resistance of trendline at current level.
Further, tata trust is going short on same
PS - Just for educational purpose :)
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below the support zone & the lower trendline. The target is placed near resistance.
*Everything is mentioned on the chart. I hope it is easy to understand.
*Don't jump in to trade at the beginning of the market. let it get settle for 15-20 min first and judge price action.
*Avoid gap up or gap down chase. Wait and trade between level.
Note :Trade with strict stoploss. It may or may not hit all the levels. So one can book profit / loss at...
TATAMOTOR is breaking down from the symmetrical triangle and retested diagonal+EMAs today on 4h TF .
Good R:R setup
Lets hope earnings volatility goes in our favour
- on the daily chart : today's strong red candle breaks the level
- personal opinion : this could be the continuation of the downtrend
- best move : SELL
*Everything is mentioned on the chart. I hope it is easy to understand.
*Don't jump in to trade at the beginning of the market. let it get settle for 15-20 min first and judge price action.
*Avoid gap up or gap down chase. Wait and trade between level.
Note :Trade with strict stoploss. It may or may not hit all the levels. So one can book profit / loss at...
- on the weekly chart : reaching a level and rejecting it going downwards
- on the daily chart : rejecting the level and making a slight pulback that ended with rejection also
- personnal opinion : the price got a 90% chance of going down
- best move : on monday keep a look out for the price breaking the VWAP in a bearish movment , when that happens go in as...
There are two cases for TCS on HTF!
Case -1
Right now it broke downtrend and retested 0.382 fibo level nicely if it broke then we will retest 0.236 fibo level or else we will see any time reverse from these two levels!
Case-2
As we can see that it is forming inverse H&S and sitting on top of 2nd shoulder if it will reverse from there and breaks the Neckline then...
In the given chart if Tata motor breaks the rectangle portion and goes beyond then resistance will be at green line above it, further it will rise again to +500 levels
Tata Power given fresh breakout
It has broken its previous high.
MACD has given buy signal to it
Also overall positive sentiments in market has given good opportunity to Breakout
