This was after being up 3x from 20-65 in Jan-2021 Plan ahead, consider to Buy above 85 - and/ or Rejections near 65 or 50 PB 1x PE 7x DE 1.5 ROCE 11% DivY 6%
I bought CESC 1. Candle breaching 200 EMA 2. RSI has a bullish crossover SL 75 for T1 85 & T2 95 Positional trades
It's a simple bearish trend following system, going to meet with its supportive zone. "1Day" time fram is used here. #trading #systemtrading #trendfollowing #tradingforlife
Buy Entry @ 78 Target @ 111 Stop Loss @ 68 Note: Please leave comments for any query. Disclaimer: This is my trading experience, it is not an invite or recommendation to trade. Best of luck.. Shakthi
CESC - Watch out for Trend line BO Levels are marked in chart Please follow proper position sizing & risk management
My idea is to go long as there is a Double Bottom Structure in 1H timeframe. So I have targeted till the neckline of the structure as on 1d timeframe there was a 50-200 crossover which shows it to be bearish so I targeted as much as I thick it would be right.
The stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 3:1 SL is placed below support zone & the lower trendline. The target is placed near resistance. Market is bearish, so take positions carefully.
Price have broke through the diagonal trendline and a crucial level which have act as support and resistance many times, having multiple touches. Go bullish on proper confirmation.
Its looks uptrend channel pattern keep as Risk reward 1|2 Its only my own analyze and I'm not a SEBI registered. Please Check with own analysis before take the trading.
Passed the below parameters, weekly Congestion, fib retracement golden zone broken, RSI above 60, increasing volume. Let's wait and watch this stock
it gives cup and handle pattern breakout Volumes looks good on bullish side Rsi also crossing 60 Overall looks good for buying
CESC has been trading in a choppy fashion, but the BO, retest and move up appears to be positive. Targets marked. Do your own research and take positions. This is an idea, not a recommendation.
CESC retested upper channel and importantly the last candle formed is worth noting ( weekly TF ). Bears had control for most of the week before bulls took over...hence the big wick at the bottom...which also indicates a move up...let's see how it plays out...targets marked. This is an idea, not a recommnedation. Also note 4 supports and 4 resistances inside...
CESC had recently given breakout from a symmetrical triangle pattern and now it is retesting the resistance. Hence there is a high probability for a bullish move. It is now trading near the Monthly CPR support which gives confirmation to go Long in this scrip. So after a strong green candle near resistance we may go Long and have Stop Loss just below resistance or...
CESC LTD (Y21.P2.E1).Broadening wedge breakout Hi Investors and traders, I was looking to do some case studies for formations and trends for my online training and I came across this stock. Hence while I was documenting from a TA perspective (chart below), I thought I also publish this and the potential opportunity based on the broadening wedge approach. Its...