Possible Trade Ideas for Tomorrow

by Dean Market Profile on Thursday, November 29, 2012 in DLF, Maruti, Stocks, Tatamotors

Flag in DLF, suggests more upside. May be a half mast pattern, the move preceding the flag should follow, tgt around 215.

HnS in Maruti, NL broken, even retested, possible target 1455.

Possible F pattern in Tatamotors, we may see up move if we breakout, from the consolidation.

About Dean Market Profile
Dean is a fulltime trader for last 13 years. He is passionate about technical analysis. His instruments of choice are Nifty and banknifty futures and options. His main analysis and trading tools include advanced techniques like Market Profile, Voilume Spread Analysis and Order FLow Analysis. Dean is a teacher at heart and loves sharing his learnings with committed traders. You can check out his courses here...

3 comments:

Andy29 November 2012 at 18:19
HI Aniruddha,

Any possible count formation on Tata Motors on the longer time frame? The drop from the highs seen in April 2012 is in a 5 wave move. Looking at the correction from the bottoms ending July 2012. I saw a triple correction forming on Tata Motors. But today's big move puts doubt on what correction is forming. Would greatly appreciate your views on the same.

Thanks,
Andy
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Thursday, November 29, 2012

Possible Trade Ideas for Tomorrow

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