K-TOS

K-TOS

1.Double bottom test 2. In accumulation zone. 3. RSI divergence 4. Great Risk/Reward Be careful and follow the plan as two things can happen. 1. The trendline is down and if the price breaches the support, the stock can go down huge. 2. If the trendline breaks up, it can be a great Risk/Reward ratio. So plan the trade as mentioned and keep strict stop...

K-TOS

Anticipating breakdown to lower side. Trade ONLY after breakdown, as this can be a false signal and might breakout on upper side. So better wait for confirmation. Risk reward ratio is very favorable so one can go for this trade after confirmation. Short -147 T1- 133 T2 - 125

K-TOS

With Nifty being in overbought levels, we see SBI at the upper trendline. Although it broke to the upside, we see classic evening star formation at the upper trendline. I would be cautious if I'm long here. You might want to sell your position partially and wait for a pullback towards, T1 - 200 T2- 195 T3- 189 for short term.