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Saturday, 24 June 2017

VEDL - No trade Zone - Analyzing Possibilities of further move


Primary View - Sideways Action - Both side open - 
Study of Elliot wave suggest sideways to bearishness until upside break of 250 level. Above 250 will be Bullish zone... which support on my secondary view on next chart.
Below 220 is bearish zone which support wave analysis. 
Between 220 -250 is no trade zone as per me.... Better to stay away between these zone. 



Secondary View -  It is simplest technical pattern approach of base formation seen bottom which might conclude to move of previous swing high if break above 250. 


Friday, 23 June 2017

Reliance Ind - Target is almost achieved 5 days(4.5% Gain)



Reliance Ind - Target is almost achieved 5 days(4.5% Gain) but our question remain unanswered.....

1) Entry if not favorable as per RR? --- it was missed now.
2) Target if Price cross above 1450?

still you have time to answer?


Look for previous post on Reliance Industry - 

http://yogeshtamkhade.blogspot.in/2017/06/reliance-industry-is-it-tradable-trade.html

Thursday, 15 June 2017

Reliance Industry - is it tradable trade Setup ????


Will You Trade this setup now or will you wait for Pullback ???

Stop Loss And Target is defined....

Try to Find the Entry level ..... 

Write Down your Answer in your trading dairy and comment after either of exit level passed. 

Chart Shared for Study Purpose :-)  





All kind of comments are welcome related to study!!! 

Wednesday, 14 June 2017

Apollo Tyre - Update : Booked Partially on 27% return and Hold rest


Apollo Tyre - 

- Journey from 20 Mar 2017 at price 204 based on the Technical and Wave Analysis.
- Booked Partially Here and Hold rest.
- Hold Rest as we price is still in 3 wave but not able to catch current pattern form. This 3rd wave could be extendable till 161.8%. It could be form of Terminal impulse. Further price movement will unfold the path...

Lets Wait and Watch!!!