Positional
ASIANPAINT- Positional Short tradeAsian paint shows a bearish trendline and takes support from its support level. and a high chance to break that level and give a good risk-reward ratio.
Entry Level:- Below @2770
Stop Loss:- Above @2840
Target:- 1:1 or 1:2
Gold Sell opportunity
XAUUSD GOLD FOREX COMMODITIES METALS OPTIONS
Sell opportunity in our view!
Heed your DD!
UPL- Take Reverse From Support ZoneUPL was moving with the trendline and now it was consolidated nearby the trendline and now it's given a breakout in an upward direction as you can see now. This breakout can give very good risk-reward on a positional basis, traders can also find opportunities on daily basis based on their setup.
Entry Level:- Above @740 (Wait for Retest around 740)
Stop Loss:- Below @708
Target:- Book target based on your entry (For intraday Might be different)
Happiest Mind 61.8% Fibonacci Positional TradeFibonacci 61.8% retracement is the most important Fibonacci level in the markets and is a good trading strategy when combined with price action.
This retracement level is most likely to generate a reversal price move.
Happiest Mind once bounced from 61.8% Fibonacci support in the month of July 2022.
Currently, it is retesting the same support area and there is a probability that it might bounce from here again.
Considering the good risk-reward ratio, there is a good positional trade opportunity here.
If the price sustains 750 levels, there is a possibility that it might test 1000 levels initially and then 1400 levels this year.
IDFC BREAKOUT idfc give long tern breakout its a 15 years breakout every one do check once this idea might be helpful
GBPUSD probabilityJust thoughts, tracking my progress (:... I just seen a bearish orderblock that was associated with the fair value gap to the left of the bearish order block you can see the break of structure so then I seen the market structure and proceeded to use my fib retracement tool. Boom.
Tata SteelUpdated Chart
111-120
Now close above 120 can give you levels as per FIBO
Stay invested../ Trailing
CUMMINSIND- Bullish Pattern Formation PositionalCummins India forms a bullish pattern, as we can see price is rejected multiple times from the resistance level with decreasing strength, and a breakout has been given. and Retesting to the same resistance as support, the probability is very high to move upward after retesting.
Entry Level:- Above @1435
Stop Loss:- Below @1415
Targets:- 1450, 1460,1470
HDFCLIFE - BREAKOUT TRADEHDFCLIFE has been struggling to get past 600 levels since the start of 2022, every time prices reach there, it corrects all the way down.
Currently, prices are again at 600 levels and now price action is giving positive signs, that breakout might happen this time.
Price should sustain above 550 levels.
Above 600, it might test 650 levels very fast.
Wait for a breakout or buy on dip with strict stop loss.
AmaraRaja BatteryAmaraRaja Battery
Buy above 580
Target 600/630++
Retest of break out and bounce
Swing/Positional.
Positional Long setup for JSWSTEELThe chart pattern its showing bullish momentum in price action. after the breakout, it can give a good risk: reward ratio.
Entry price:- above @772
Stop loss:- @753
Target:- 1:1 or 1:2
NYKAA Next support is 38% awayNykaa
1. Lower High lower Low Structure
2. This week broke previous support @ 162.50 levels
3. Trading in Un-charted territory
4. Further support can be derived with the help of Fibonacci.
5. Plotted Fibonacci Extension connecting swing high of 428.95 and 315.45 and swing low of 203.15.
6. Fibonacci giving us the next support @ 89.65, which is 38% below the current Price.
7. Structure is super weak, plus the market overall is also weak, hence anything is possible.
8. Keep stock on the radar, and track price action to see if it forms any support in between the current price and Fibonacci support.
9. Don't bottom phish this stock as it has its IPO Price with Huge Volume, and the same levels would now act as strong Resistance
10. Resistance: 180-190, support at 100-90
