AVTNPL has formed rising wedge pattern which can mostly break downwards since it is bearish reversal pattern. Please wait for confirmation to break down, retest and continue down to take entry. Target will be height of the pattern. This is not a trading advice. For my educational purpose only. Please trade on your own risk.
Broken pattern upside and came down but has not broken right shoulder. Stochastic giving buy signal. Height of the pattern is probable target next week. At least 15%. Stop loss 14. This is for my educational purpose. Please trade on your own risk.
Airtel trading in descending parallel channel last few days. RSI confirming downtrend. We can buy at the low of the channel. We can sell at high of the channel. Minimum target for both buy and sell order is POC (Center line). This is an educational idea. Please trade on your own risk.
AMFL successfully broke out of resistance of falling wedge with green candle. RSI shows upward trend (>30), stochastic and MACD also giving buy signals in Day chart. Increasing volume. We can go long at this level. Please trade at your own risk. This is for my educational purpose.
Bata India in value area from around 27th March till date. Good trading points.
Timeframe: 15 min
Value area High 1287.2
Value area low 1155.95
SHORT can be done at High with Target POC.
LONG can be done at Low with Target POC.
Trade can be based on candle rejection at Value high (long upper wick) and Value low (long lower wick).
This is purely...