TATA CHEM 2.0 dragonfly doji on 29 oct 24.

2024年10月29日

Pls accept my apologies as I’m not able to give analysis due to a violation of rule strike so due to which I’ve to post new ideas rather than update ideas so I’m expecting this to do it on weekly basis,
Analysis:-
Price on day chart formed a “Dragonfly Doji” and its significance is price needs to close above 29/10/2024 high to go up if price takes rejection from high of 29/10/2024 then we can see a price fall and there’s a trend line at bottom and on hourly basis price can form either W (or) if takes rejection from 1102-1110 then a small M can form,
Flat opens 1104.45 above 1109.10 if candle sustains above it then we will see 1118/1121 tgt level,
If price takes rejection from 1105 level then we can see a fall but 1st. Candle i.e. at 9:15-9:30 am. Candle should form red and high near and below 1105 so we mark its high as stoploss for sell trade for at least 8points tgt initial then trail if falls further, 1086-1078.85 tgt can be seen, as there’s trend line support at 1065 and with time the trend line support changes so pls follow the chart posted and levels given.

NOTE:- The analysis shared is for only 30/10/2024 only and price is supreme and can give different moves depending upon index,news or results based.

2024年11月4日

註釋

Hello everyone sorry as I was a little busy with festival & I’ve asked support dept of tradingview where they said I can post few idea updates but under “comment” tab rather than using Trade active, so pls find the analysis here.
Price fell from top & touched fib.golden ratio zone and reversed & on day chart a red candle formed showing weakness and index pressure so price can continue momentum till 1090 or price in intraday can fall till 1103 then reverse, we have a sideways zone from 1088-1164.
This above analysis/observation is valid till 6/11/2024.
Analysis for 5/11/2024:-
Flat opens price goes below 1115 or price takes rejection from 1123.65 the a fall of 8-10points can be seen.
Flat goes up 1128.40 or 1131.25 above trades then price can go up till 1135-1138,
If gap up small then 1139 above price trades for atleast 30mins then 1144.85-1148.30/1150 as initial tgt then 1158 level can be seen.
If gap down opens wait for 45 mins then see the price action then trade as per its move,but keep previous candle as stoploss if so hit avoid trade.

2024年11月5日

註釋

A Doji on day chart formed showing indecision and 1160 a rejection at top and 1080 support,
Flat 1123 below 15min candle closes then 1118.60-1116 or even 1112.35 tgt level can be seen, for buying 2 scenarios as price to fall till 1123/1122 then take support there and reverse and close above 1125.45 above with a proper green candle then buy for 1134-1139.70tgt level, or flat goes up 1140 above 8-12points tgt can be seen.
If gap up or gap down opens then wait for 30mins mark high and low then trade on side price goes.