buy as in long trend near fibo 38% level near support double weekly doji sl 1354 tgt 1639 and 1806
38% retracement from top buying comes therefor big sl 3181 small sl 3427 big breakout above 3985
follow trend and be conservative as accumulation period is not been used and sl is big trade only with emotion free money otherwise volatility will kill
weekly doji accumulate with sl below 481 weekly close can turn around near 50% fibonacci level as correction got complete also outperformed nifty this falling week can be considered as strong
simple price action ibulhousing volatile stock consolidating small range expecting breakout in april series sl 173 tgt 370 accumulate in cash in small quantity breakout above 263 then sl 224 add more above 263
TATA MOTORS after 2017 crossed 200WMA the volume is huge w.r.t previous week this chart is clear example of price action volume First rectangle : Accumulation Second rectangle : small breakout retest and again accumulation then big breakout with huge volume we can not predict intensity of breakout but closely if we follow price action we can read movements in the...
bhav bhagwaan chey!!! simple price action accumulate it breakout above 179 sl closing below 149 for tgt of 179+30 = 209 anticipating therefore be conservative trade only with emotion free money
hammer is considered to be as support for going upside on stock. here it forming weekly hammer which is considered more strong so accumulate axis bank for upside tgt of 640, 657, 678 sl 533 be patient and invested and trade only with emotion free money
its not perfect but as forming on horizontal boundary can consider it. paper trading as we miss accumulation we are conservative on position sizing sl will be 49 on weekly closing i.e. if it break 49 on daily come out and close above 49 then re-entry as we don't know how much fall will be there with volume so this way we are safe from high speed fall. target is...
breakout above 525 on weekly basis sl 416 target 839 accumulate till 462 be conservative its anticipation till breakout occurs on weekly basis make volatility friend
FORMATION OF INVERSE HEAD AND SHOULDER PAPER TRADING accumulate till 544 with sl 527 BREAKOUT ABOVE 646 TARGET 1000
a bookish cup and handle formed on bank nifty. handle retraces between 62%-50%. confirmation above 3% of 21967 i.e. 22626
support tested in history acted as resistance
support tested in history acted as stiff resistance
a bookish cup and handle formed on bank nifty. handle retraces between 62%-50%. confirmation above 3% of 21967 i.e 22626
a bookish cup and handle formed on bank nifty. handle retraces between 62%-50%. confirmation above 3% of 21967 i.e. 22626
on daily basis clean formation of inverse head and shoulder.
formation feb 2016 to may 2017. target achieved in october 2017