BEARISH AB=CD in NESTLEIND , reversal from RESISTANCE ZONE,
PINBAR in IBREALEST at support level. ENTRY-205 TARGET 1- 211.5 TARGET 2- 222 STOPLOSS - 190
REVERSAL from SUPPORT LEVEL in EQUITAS Explained in charts
DEEP CRAB in JINDAL STEEL. ENTRY - 164 TARGET 1- 150.5 TARGET 2- 141.67 STOPLOSS- 170
MGL just broke out of its channel , One can go long with R:R 1:1 with TARGET 1 till 1230 and target 2 tilL 1265 for R:R 1:2 . With stoploss at 1160 ie is the low of previous candle .
BEARISH BAT in TATA COMMUNICATIONS. One can short it for Target 1 till 38.2% retracement ie till 692 and Target 2 till 61.8% retracement ie till 678. With stoploss at 730.
CASTROLIND reversal from support level. One can enter this trade with target 1 tll 38.2% retracement ie 385 and target 2 till 61.8% retracement ie. 406 . with Stoploss at 352.
ONE can go long with target upto the height of head . and stoploss at low of the shoulder.
BEARISH BUTTERFLY in ESCORTS . One can take entry at current level for target 1 till 38.2% retracement ie at 668 and target 2 till 61.8% retracement ie at 626.5 with stoploss at the previous resistance level at 726.
RELCAP is presently at its support level, and todays candle closed green and ended above the high of the previous day candle. One can go long with 2arget 1 till 38.2% retracement and Target 2 till 61.8% retracement with stoploss at the low of the previous day candle. For theta decay one can short RELCAP OCT 540PE at 4.15 with lot size of 1500 for a potential...
BEARISH AB=CD pattern in JSW ENERGY and is currently at its resistance level. One can short it for target 1 Till 38.2% retracement and target 2 Till 61.8% retracement. With stoploss at the red line.
AB = CD Pattern in STAR, and currently at support level . One can go long with the Target 1 till 38.2% retracement, and target 2 till 61.8% retracement and stop loss as shown .
BEARISH CRAB in ARVIND. the share is consolidating on resistance zone (i.e blue line ). One can short ARVIND at current level , with target 1 at 38.2% retracement and target 2 at 61.8% retracement . For THETA DECAY one can short ARVIND SEPT440CE at 2.4 with lot size of 2000 For gain of Rs4800 .
BEARISH AB=CD pattern , reversal possible from Potential reversal zone
BEARISH BAT in SOLAR INDUSTRIES. One can short for target 1 till 38.2% retracement and target 2 till 61.8% retracement
BEARISH BAT in JET AIRWAYS. One can enter with target till 0.618 retracement (i.e at 560 level ) .