Tuesday, April 7, 2015

Strong Swing Trading opportunities in Tata Motors

Tata motors swing Trading opportunity Hi,
Recently, I have seen few strong swing and with strong swings I means swings that are clear and are looking to rise with Retest

If you watch Tata Motors Weekly chart,Then probably you would tell to yourself where should I look to buy at pullback, then well here is the opportunity because last weekly candles is very strong at support.

And when we have such strong candles at previous swing or double bottom pattern and also retest clause stays fits on this type of pullbacks.

Tata Motors Weekly Chart



As you see stock is in strong and clear swings but a pullback like this was not offered so it it goes above the extreme then I would look to add more to this stocks but Personaly I would start with 1 lot at a time considering the fact that bit of downside has been noticed recently in Index.

Is Nifty heading towards 0.9000 again

Nifty technical update
Nifty Intraday looking to bounce back Hi traders,
Welcome to my blog again

It's quite a while since I have update the blog, it was because of the busy schedule but still I would keep this article short and sweet.

Nifty is heading towards 0.9000 again, and I think 0.8700 is crucial level and we need strong momentum coming off the strong support which is 0.8590-00 area and It should hold for the gains and I think we have good chancing of clearling the extemes this time around.