SANOFI trade ideas
SANOFI INDIA LTD 3HRBullish Gartley Strong zone
Vertical dotted line is Ultra high volume down bars - trap of Smart Money , Higher volume-Professionals are buying into the public selling .AS low volume is present Professionals have no interest in the downside
Within 3-5 price bars PATTERN need to be get confirmed from a Bullish CANDLE with RSI Above 30
POTENTIAL BUY
SANOFI INDIA LTD 4HRBullish Gartley Strong zone
Vertical dotted line is Ultra high volume down bars - trap of Smart Money , Higher volume-Professionals are buying into the public selling .AS low volume is present Professionals have no interest in the downside
Within 3-5 price bars PATTERN need to be get confirmed from a Bullish CANDLE with RSI Above 30
POTENTIAL BUY
Sanofi indiaAbove 8391 level inverse H&S complete and as per Inverse H&S the depth of head is new target
SANOFI INDIA LTD 1HRBullish BAT & Bullish Crab strong reversal zones
If price Breaks Red Trend line is where EXIT before SL hits
price need to follow Green Trend line & hit target
POTENTIAL BUY
#SanofiTrading a its 200 DMA and heavily consolidating in a very tight range. High probability of a breakout soon. Should create a new ATH in the next rally, whenever it witnesses.
SANOFI INDIA LTD 1HRCONFLUENCE of DAILY GARTLEY + 4HR GARTLEY + 4HR BAT + 1HR DEEP CRAB Strong ZONE
If price Breaks Red Trend line is where EXIT before SL hits
price need to follow Green Trend line & hit target
POTENTIAL BUY
SANOFI INDIA LTD 4HRBullish GARTLEY TYPE 2 ..Strong zone as its a Confluence of Daily & 4hr BULLISH PATTERNS ZONES LEVELS
Earlier this GARTLEY given good reaction on Type1 entry ,now price again reached 0.786XA making its a TYPE2 Entry which is REVERSAL
Need confirmation from a BULLISH CANDLE with RSI above 30
POTENTIAL BUY
SANOFI INDIA LTD Daily Bullish GARTLEY TYPE 2 ..Earlier this GARTLEY given good reaction on Type1 entry whenever price touched 0.786XA it hit TARGET 1 i.e 8279.40 ,now price again reached 0.786XA making its a TYPE2 Entry which is REVERSAL
Need confirmation from a BULLISH CANDLE with RSI above 30
POTENTIAL BUY
SANOFI 1HRCONFLUENCE of 3 ZONES , Daily GARTLEY + 4HR GARTLEY & 1HR Bat
price need to follow Green Trend line & hit target
If price Breaks Red Trend line is where EXIT before SL hits
POTENTIAL BUY
SANOFI 4HRDaily & 4HR Bullish GARTLEY TYPE 2 Forming Strong POTENTIAL REVERSAL ZONE
Earlier this same GARTLEY given good reaction on Type1 entry at 0.786XA and hit Target 1
now price again reached 0.786XA making its a TYPE2 Entry which is REVERSAL
Now with confirmation from a BULLISH CANDLE with RSI above 30
POTENTIAL BUY
SANOFI Daily Bullish GARTLEY TYPE 2
Earlier this same GARTLEY given good reaction on Type1 entry at 0.786XA ,now price again reached 0.786XA making its a TYPE2 Entry which is REVERSAL
Now with confirmation from a BULLISH CANDLE with RSI above 30
POTENTIAL BUY
SANOFI INDIA LTD 1HRBullish BAT
Red Trend line are from daily tf , BLUE Trend lines are from 1HR TF
So price by taking Blue trend line SUPPORT can we EXPECT BULLISH or
BULLISH MOVE FROM BAT POINT D
POTENTIAL BUY
SANOFI INDIA LTD 4HRBULLISH GARTLEY
price need to follow Green Trend line & hit target
If price Breaks Red Trend line is where EXIT before SL hits
POTENTIAL BUY
Chloroquine producer, Sanofi at all time highsTrump apparently owns less than 1000 dollars in this company (in case you were wondering). And that's according to mainstream news.
www.forbes.com
SANOFI - POSSIBLE UPSIDESANOFI
CMP 6304
STOP 6000
TARGET OPEN
Daily Chart
Possible Volatility contraction pattern 3T observed.
Price getting support from pivot zones.
Pivot based emas started spreading out indicating possibility of price moving up.
SANOFI BUY SANOFI (LISTED IN NSE) ABOVE 5155 TARGET 6000+
PRICE NEAR ALL TIME HIGH IF BREAK THAT LEVEL IT WILL FLY SO FAST.
SANOFI - HIGH PROBABILTY POSITIONAL TRADING STRATEGYSANOFI
CMP 5096
A) Weekly chart (HTF)
(1 week = 31 trading hours approximately)
Trend : Up
1) MACD histogram increasing - Means SMA LMA (12/26) distance / difference increasing indicating strength on the stock.
2) ADX at a new high - Suggests strength of the trend.
3) RS above SMA & LMA - Suggests relatively higher flow of money into the stock compared to broader market.
4) Stock above 30 Week EMA - Suggests long term consensus positive.
B) Daily chart (Intermediate Time Frame)
(one fifth of HTF = 31/5 = approx 6 hours, which equals daily time frame)
Trend : Up
1) MACD histogram increasing and has turned positive suggesting 12/26 ema crossover has happened.
2) ADX beginning to rise with current ADX above previous ADX meaning slope beginning to trend upside and ADX above 20 suggests trend possibly intact.
3) RS sloping upwards and above key MAs.
C) 1 Hour Chart (LTF) - Entry Chart
(one fifth of Intermediate Time Frame = 6/5 = approx 1 hour, which equals hourly time frame)
Currently Trend is up with price above 30 period EMA.
WAIT FOR THE PRICE TO FALL TO THE VALUE ZONE BELOW 30 PERIOD EMA AND ABOVE 15 PERIOD EMA. POSSIBLE LEVELS ARE 4950 - 5000 WHICH ALSO IS PREVIOUS RESISTANCE . ENTER WHEN THERE IS A TRIGGER FROM STOCHASTICS (14/3/3) BY WAY OF A CROSSOVER AT OVERSOLD ZONE (BELOW 50).
Stop for this positional trade is 4550 (below 30 week ema).
Target : Trail with 30 week ema for target.
All three time frame charts attached.
