Channel break out  & Double Bottom Adani Enterprise ( 60 min time frame ) 1. on intraday chart it is given falling channel breakout  2. It has also formed Double Bottom formation , which will get confirm about 616  How to trade ? 1. Buy above 616 sl 603 tgt 640 -647  Note

RELATIVE COMPARISON:-                                                            BANK OF BARODA YES BANK RATIONALE :- 1. Not going much detail in to Elliot  wave analysis ,I have numbered the pivot points , which I have used for calculating the extension levels . 2.It is clearly

                             Double Top  How To Trade ?? 1. Wait for pull back zone near 444-441  2. Sell with the stoploss of 465 on closing basis 3. Minimum Target is 410-400-397 Alternate method 1. Buy put of 410 or 420 strike price according to risk appetite 

PEAKS & TROUGHS ANALYSIS We may see many such posts of trend line break , but now the question is how one must plan to trade ?? One may clearly see that daily chat has breached previous swing low and successfully made a lower low, now this is NOT appropriate time to go for FRESH SHORT for positional trader . HOW to Trade ?? 1. On Weekly and Monthly chart we are near to the swing low of 8282 -8250. 2 So we must wait for reversal