In today's price action analysis of stocks, we got three different stocks to track for a possible price action buy & sell entry trades.Below are the detailed price action analysis for today:
MOTHERSUMI(daily chart analysis) :
Price pushed up strongly from 258 area of flip support after a retest of it's prior breakout area.We're looking for price action buy signal here using 60min timeframes till price reaches 305 & 330 layer of resistances.Below is the trade setup chart & Here is how we'll enter this trade in 60min – ENTRY CHART ANALYSIS.
HINDALCO(daily chart analysis) :
price is consolidating between 73 & 83 layer of support & resistance zone & currently price is hovering around the resistance level where we're waiting for price action sell signal using 60min & 15 min timeframe to trade in-line with the consolidation movement.In case, we find a sell signal on the top, then our target will be the bottom of the range-73 level. Below is the trade setup chart & Here is the ENTRY CHART ANALYSIS in intraday timeframe to track the entry in the stock.
JSWENERGY(Daily Chart Analysis) : MEMBER ACCESS ONLY
SUMMARY : READ price momentum context – RECOGNIZE the pattern going on – TRADE the pattern till it ends and to learn it all join me in my ADVANCE TRADING COURSE & trade with me real-time using higher & lower timeframe charts.
PLS NOTE : All chart analysis posted here are the author’s own idea of trading for educational purpose only & not any form of advice or recommendations or opinion to anyone.