Disclaimer:
Please consult with your financial adviser before making any trading or investment decision. Set-up provided here is for informational and educational purposes only.
This is not a sell or buy recommendation. We are not responsible for any gain or loss; Consult your financial advisor before your execution of trade.
There are heavy chance that most of...
Disclaimer: Set-up shown here is only for Educational purpose only; This is not a sell or buy recommendation. We are not responsible for any loss or gain; Consult your financial advisor before your execution of any recommended trade.
Set-up presented here is for observational purpose only and most of the set-up designed by WavoZen is based on passive analysis (PA)...
Its already 29% up in a single day without reason we can say that it just drove up with the movement of nifty and will correct itself in next trading session.
Sell Below 149.80 target = 147.80, 146.80 401. SL = 152
Buy above 154.95 Target = 157,159, SL = 153.10
Long if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed...
Breakdown on descending triangle, Sell: 2543; Target: 2224; SL: 2700
Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.
Flag formation. High probability of a breakout taking price to resistance level of 220-5. 50 DMA about to cross 100 DMA is quite significant. Every dip may be lapped up. Please use SL so preserve capital and make good gain. Trade at your own risk.
Flag Pattern (read the previous post): Traders tried to breakout but there was market pressure. If market stabilizes, this Flag will breakout. SL is a must. Disc: Tare at your own risk.
100% gain within a month time. So the Flag Pole fulfills the strict condition of a straight line. Now a perfect Flag is forming at the top. Bears are holding onto 200 Calls. A breakout above this will take price towards 220-5 and the move will be sharp.
