Target and range on the chart
Called out on 24 Aug for a Triangle Breakout. Congratulations to those who took the call.
Most of the time , the price will eventually break the support line and continue to fall in a Descending Triangle situation. However, in this case the support line seems to be very strong. It appears that the price is going to bounce off the support line and will make a strong move upwards. The good news is that we don't care about the Price Target. We just know...
It is hovering at the pre pandemic resistance levels. Resistance at 202 has been tested once and rejected at the breakout level. In my opinion it may test the resistance one more time before the breakout happens. If this follows the lower trend line in my opinion the breakout is certain around the last week of september 2020. If during now and sep last week its...
Please calculate the Price Target yourself according to the Arrows shown on the chart 😎. Professional Day/ Short-Term Swing Trader. Ideas and entities are opinions. Trade at YOUR OWN RISK. I am not your financial advisors. Risk it for the biscuit.
Recovery possible . Bullish Hammer on the 15 Min chart towards the end of the trading day. Targets maintained for 1 Sep. Disclaimer : Professional Day/ Short-Term Swing Trader. Ideas and entities are opinions. Trade at YOUR OWN RISK. I am not your financial advisors. Risk it for the biscuit.
In the morning of 31 Aug, the Global cues were positive, So the geological development looks like to be the major reason that has triggered the negative impulse in the market. The beers took advantage of the situation and this action has also triggered Panic Selling in the market. Profit Booking due to month end added fuel to the situation. I am still positive...
Bullish Engulfing Candle on 4 Hr Chart. Resistance at 648 is very strong. It has rejected it 3 times hopefully this time it breaks and moves upwards.
Earlier breakout was rejected twice and proved to be FALSE. This time Bulls are on the loose and a target of 230 is achievable on 28 Aug,2020. It may see a hight target of 250 next week.
Its creating a Ascending Triangle on a 4 Hrs daily chart. Around 6th August the trend can either go up or dip down. The entry point for SHORT is 186 and Target 180. The entry point for LONG is 201 and target is 220.