Still going with the same plan if it wants to change the momentum it have to first come within the range and thn give a breakout to the upside. As of now its bearish. Hit like & follow to show your support
As i have been mentioning after the change in the trend the major hurdle is 2.95 level and it will shy to break it at first. In last trading session it have printed a doji candle with a gap down and closing within previous days candle. This is inside day candle and we wait for a breakout on either side and take the trade accordingly. I am over all still bullish...
As expected it could not break the barrier of 200ema in one go , in my previous analysis i had mention the same and i still hold the same opinion that it will take some rest before it crosses 200ema as its strong and important resistance level. Lets take a note here that bulls are active from 2000 level and the market almost touched 2250 sure at any resistance...
If you have taken this trade as per my trading plan sure you are in profits, Keep you first target around 0.640 for a bit longer period. If you want to book profits tomorrow is a good day too. Hit like & follow
As per the trade plan it did come to retest the upper level that is 0.325 and it got rejected i can see it will be under pressure for a while. We stick with the same plan and stalk it will 0.30 and see how it holds at this level. Hit like & follow
Lets see how it performs at the resistance level which is 2.95 to 3.00 in my opinion it will take a little hold and the resume its uptrend. Once it crosses 3.00 it will surely retest and it will be a good chance to enter for who have missed this trade at the lower levels. Thats why its said market will always give a chance, if you are smart enuf thn you know when...
Tomorrow will be a interesting scenario in DFM as its right at 200ema which will act as a dynamic resistance level for the market, in my opinion it will not cross in one go and we may witness some profit booking tomorrow. We can back test in charts when ever there is any important support or resistance level market needs to breath before it takes a big jump again....
Its been in this level for so many days its test the resistance line for so many times but its failing to give a breakout. 0.450 to 0.460 is a strong resistance level its not able to close above it. Once it does am sure buyers will come with big money and buy this one. It falls under insurance sector which is currently doing good and generating good revenues. I am...
If UPP have to change its trend that is from up to down trend it will mostly retest the 0.325 level and get rejected to come down around 0,30 level which is strong psychologial and technical support area. Scenario 2 is it gets back within the trading range that it was in for last so many days and show a bullish sign to continue its up trend. Hit like & follow...
Its at the support level trying to give a breakout, it bullish overall and its trending up. We can say after the big move its not consolidating and will again give a move to the upside. Insurance sector over all is showing positive signs so we trade with the trend and profit out of it. Bullish!! Hit like & follow guys to show your support
It have crossed the major hurdle and its good for a buy now, in tomorrows session i will try to enter and my target will be 0.90 it looks very bullish and ready to fly. Hit like & follow guys to show your support
Its still trying to push up but its failing to cross the resistance level. Once it cross it will make big move as buyers are waiting for it to cross this level and take positions. Lets stalk this stock and enter with big fishes are entering. Hit like & follow to show your support
Its approaching a very important resistance level it will be very interesting to see how it performs now. I think it will not cross the 200 ema in first go it will face some resistance and it may consolidate in the same level before it breaks through. Bulls are active and strong as of now but needs rest to do the BIG WORK NOW!! I am bullish as usual :) Hit like &...
After the break of trendline its trending higher but its showing signs of weakness, there are good chances it may retest 2.70 again and the push to upside. This is looking bullish a small correction after a breakout is healthy to push the prices higher. Hit like & follow guys
Its at very good level, it just broke it resistance level and wast about to go further up but unfortunately its not trading as they didnt submit the reports that is required by the market. I am in this trade lets see how the report reacts once the release it. I m bullish on this one. Hit like & show your support guys
This stock is not traded with big volumes as its at resistance level now and its been rejected so many times earlier. Sellers are sitting at 0.450 to 0.455 if this level is crossed it will make good big move.It have previously tried so many times but failed at the same time when a particular level is tested again and again it becomes weaker and weaker. I think it...
After the breakout DFM is closing higher everyday its on a bull ride my next immediate target is 2250. I see a strong resistance at around 200ema that comes exactly at 2250 level. It will be very crucial and important that it crosses it to continue its bull ride. Very important point here, it cannot cross the 200ema in 1 go even if it crosses it will come down and...
Its trying hard and market is coming up too with it as its a heavy weight stock, today it just tried to break the trendline but its still not confirmed i will wait for it to give a decisive candle. If the breakout of trendline is confirmed the next solid resistance is at 2.70 it can be good for intraday trading. So far not touching this as its bit tricky let it...