TradingSutra

TradingSutra Updated 

Formation of a pattern called Head & Shoulders has been spotted on the charts of HDFC AMC stock. One should go short below 2570 that is below the neckline , keeping a Stop loss of 2670 for a target zone of 2330. (stock is not in FnO , can be treated as sell on rise in intraday basis till the target achieved)

TradingSutra Updated 

Forming a corrective triangular wave structure consisting of each move as a-b-c fashion. Any breakout will boost the scrip to reach the next immediate support mentioned in the chart.

TradingSutra Updated 

After giving a retracement , the stock is not participating in any up move rally of the index nifty, showing weakness. Sell in the zone of 925-930 keeping a SL of 940 for a target zone of 880/850

TradingSutra Updated 

After a long consolidation , the stock has completed the formation of a rounding bottom pattern. Any breakout above 17600 will push the stock unto a target zone of 1800. Sustaining 18150 will give another target of 18600 zone.

TradingSutra

After giving a breakout the wedge , Dow Jones is going for a retest of the wedge. Any rejection from the wedge will be a short signal. Safe players must. wait for the level of 23240 after the rejection to open a short position.

TradingSutra Updated 

Trading inside the channel range since many weeks. As soon the range break it will shoot up for the immediate target range of first horizontal resistance which is mentioned in the chart.

TradingSutra

Being in a downtrend , 'USD/JPY' forming a bearish triangular structure. Any breakout to the downside will lead the prices to reach the next support zone which is mentioned in the chart.

TradingSutra Updated 

being in a downtrend , GBP/USD forming a bearish triangular structure. Any breakout to the downside will lead the prices to reach the next support zone which is mentioned in the chart.

TradingSutra Updated 

Formation a bear triangular wave structure which can extend the selling mode to a new low of 17$. On the contrary pattern failure will lead the prices to the level of 22$. Act according to the breakout of the triangular formation.

TradingSutra Updated 

Breakout of triangular formation. Short on any spike in the range of 1690-1700 with a stop loss of 1760 for a target range of 1645/1545/1500.

TradingSutra Updated 

analysis mentioned on the chart. Expecting a corrective move of a-b-c fashion.

TradingSutra Updated 

After significant consolidation in the price range of 250-280 , Tata Steel is ready to give an upside surge for a corrective cum indicative move of the next higher degree impulsive wave. Above the dotted trend line it will give an upside surge for a target range of 320-330. Trading strategy: Buy above 290 keeping Stop Loss of 265 for target range for 320-330.

TradingSutra Updated 

Preparing the next trading range. Buy above 70 keeping a SL of 65 for a target range of 78/85/88 .

TradingSutra Updated 

After making a low of 19.21 $ , Crude oil is ready to give a retracement to ride for a 4th wave corrective pattern. Analysis is mentioned on the chart. One should Go long by keeping a stop loss below 21$ for a target zone of 26$ /29$ / 34 $ /36 $.

TradingSutra Updated 

Currently the wave structure suggesting a FLAT corrective move is going to take place in Gold. Even after so much carnage in global equites , there is no such significant buying has been seen in the GOLD. Inter-market relationship along with the wave pattern a short position can be taken in the zone of 1690-1700 with a Stop loss above 1720 for a target range of...

TradingSutra Updated 

Forming an ascending triangle pattern, Indigo stock is ready for an up move. Buy Above 1100 keeping SL below 1170 for target zone of 1150/1200/1250.

TradingSutra

After breaking the 4 years best fit channel the stock has made a low of 1470 . Holding this level of 1470 unto 3 weeks, the stock has given a green closing on the weekly chart , indicating a retracement move. As per the short term , there is an EVE & ADAM Double bottom formation going on the charts. One should buy the stock if the neckline of 1800 would break...

TradingSutra

After completing the impulsive structure of 1-2-3-4-5 , the Stock has given a significant fall unto 61.8% from its all time high in A-B-C corrective move fashion. As per the current scenario the stock is ready for the next higher degree wave 3 which can be the strongest & largest of the previous 1st impulsive wave. Investment strategy: Buy the stock in the...