Chart name : MOTILALOFS Risk:Reward : 2.4 Trading Style : Swing Trading for 1-4 weeks DISCLAIMER: As a trader, you should consider your own risk: reward ratio and do proper lot sizing according to your margin and leverage level. This analysis is a trading idea, not a trading signal for you. Consult your financial advisor before making any trade. My own trend...
Motilal Oswal - Moving in tight range, near 200 DMA. Wait for breakout
What do you guys think ? Is it forming a Bearish or Bullish Inverted Microphone ?
Hi Friends, As per chart pattern, Buy possible above 860 on closing basis only (Daily candle) with SL 745 and Target 950, 980/985 (Targets possible after resistance break out 860 only). if stock unable to sustain above 860 then sideways possible Posting for Educational purpose only Closing Basis means: Stock should be trade above 860 from 3.15~3.30 pm as well as...
LONG TERM INVESTMENT TECHNICAL STRATEGY - Tharendra Lunia, CA | Value Explorer | Investor | Derivatives Hedger WEEKLY MOVING AVERAGE GREEN LINE IS 200 WEEKS MOVING AVERAGE OF CLOSE BLUE LINE IS 200 WEEKS MOVING AVERAGE OF LOW RED LINE IS 100 WEEKS MOVING AVERAGE OF CLOSE CONDITION: GREEN LINE SHOULD BE ABOVE RED LINE AND PRICE SHOULD BE ABOVE GREEN LINE BUY...