#StopLoss : The Safety Net You Need Ever danced with volatility? Without a stop loss, it's like tightrope walking without a net. Here's why it's a MUST: ✅ Protect Your Fund: Keep that hard-earned Money safe ✅ Sleep Tight: Close your eyes without the market nightmares ✅ Plan Your Exit: Know when to bow out gracefully. Remember, it's not just about making...
This chart pattern is shaped like and resembles like a cup and handle that's why its named the same as cup and handle chart pattern. Shape: A “U” shaped bottom is preferred over a “V” shaped bottom as it indicates more consolidation. Ideally, the highs on either side of the cup should be equal. Duration of formation: The cup can take anywhere from 1 to 6...
The bullish Marubozo candle (open equals low, high equals close) can signal a reversal when it is found at the end of a downtrend because it shows that the sentiment has changed and that the bulls are likely to continue pushing the asset higher. Take High and Low of Candle . Take Position at Close. Target ( Total Length of Candle/2), SL : Low of Candle. Risk...
Pattern name: Bullish Engulfing Pattern Type : Bullish Reversal No. of Candles : 02 How to Identify it ? 1)There must be a preceding Downtrend. 2)A short Red candle followed by a long Green candle. 3)The Green candle should opens lower & closes higher than the Red candle. 4)The Red candle should be completely engulfed by the Green candle. Psychology behind...
Why this Trade..?? 1. Trading in a falling Channel Buy or Sell based on the Support Break with Volume This Analysis works for sure!!! Disclaimer:This view is purely for educational purpose and it's my personal.Please consult your financial advisor before attempting any trade.We're not responsible for any loss or profits.
If Bulls take control over the market, consider mentioned targets. For intraday target 1 - 1180 target 2- 1385/1387 Stock is at a good risk to reward ratio if it breaks 1400 and continues the momentum
What is RSI negative divergence? Negative divergence happens when the price of a security is in an uptrend and a major indicator such as relative strength index (RSI) heads downward. Price has fallen almost 25% from all time high levels, it has given breakout from the falling trend if sustained can make a new all time high but first price has to clear ₹ 206 levels.
Resistance line is retested as support as demand has increased. From couple of months it’s been moving in that channel now it’s time for a long. Entry: above 1600 Target: 2000 SL: 1450 (It’s not an investment advice, do at your own risk) Key points: When a resistance is converted as support it means there are more bulls than bears amd demand for that has been....
Looking fro 690 as the target in coming days.. Breakout has already happened. Disclaimer : this is my own view. Before trading plz consider analysing yourself.
Forming a Rising wedge and Flag with good volume support- keep in watchlist and watch out for up move PS: this is my own view, before you trade, please analyse it throughly
Easy trip was in consolidation phase from march to may and from last 1 month it has shown great momentum, this momentum might continue with ease in travelling and less corona virus cases in India on a daily basis.
A bullish engulfing pattern is a candlestick pattern that forms when a small Red candlestick is followed the next day by a large Green candlestick, the body of which completely overlaps or engulfs the body of the previous day’s candlestick. Bullish engulfing patterns are more likely to signal reversals when they are preceded by four or more black...
ITC following the above patter for few weeks. In few days It will reach 215 easily. I am standing strong on bullish side.
For the same fractal previously my analysis went wrong, because this wasn't a perfect match. But the current chart shows perfect matching of fractal from the month of May- July matching with mid Nov -present. I my previous post I also mentioned that BTC is bullish so their is a possibility of failure of analysis and that actually happened. In the current...
Explanation on Chart.