🔰 MY thought process : ⭐I see two channels as drawn ⭐Also, I see that its on that ide of both channels where confluence can be seen taking support from one channel and resistance from other ⭐Seems like a bullish pattern to me ⭐risk is small if it breaks on the channels for uptrend = exit ⭐Target = hold till it touches the line that is at the top near 180...
🔰 MY thought process : ⭐Ongc making higher lows and getting good buying zones inside the pattern itself too ⭐The stock is getting rejected from the same levels too = Aggressive Sellers ⭐The stock is getting good support too at marked areas = Aggressive buyers ⭐a small day trendline is created by me on the charts = its break can be our good entry ⭐Risk is the...
🔰 MY thought process : ⭐Everything explained in charts itself for this one :) with logic 🔰Am I taking this trade now: No---Reason: Already in the trades of Naukri and PPL as posted last time :) also took a small position in Coal India today as posted guys :) Also keeping an eye on JSW steel too seems bullish to me :), All the analysis already posted on my page...
🔰 MY thought process : ⭐Taking multiple support from lower trendline on D chart = strong support uptrend :) ⭐If it breaks the above trendline on 1hr = a good long till the near TOP, if it sustains those areas next target will be Target-2 ⭐Risk: below that power candle 🔰Am I taking this trade now: No---Reason: Already in the trades of Naukri and PPL as posted...
🔰 MY thought process : ⭐The easiest way to trade stock is to identify a good pattern at its good support lvls and resistance lvls ⭐Good breakout at supports of a descending triangle, consolidating for a while now gave a good impulsive move. ⭐Risk: SL - 515 ⭐ Targets are marked ⭐ Type: Swing and investment type :) 🔰Am I taking this trade now: No---Reason:...
🔰 MY thought process : ⭐The resistance zone of 2600, now is a good buy spot for this stock ⭐Made a good pattern above it ⭐Triangle pattern it was, BO on 1hr given, potential swing trade is ON ⭐Risk and targets are marked :) 🔰Am I taking this trade now: No---Reason: Already in the trades of Naukri and PPL as posted last time :) also took a small position in...
🔰 MY thought process : ⭐After a good breakout and reversal on the D chart now this beauty is on ATMs ⭐I see good Trendline support on 30mins and a possible good setup on 15mins :) ⭐A very decent trading setup would be activated when it breaks this small trendline on 15 min TF :) ⭐Trade type: swing ⭐Pattern: Ascending triangle on small TF with a bullish structure...
🔰 MY thought process : ⭐After a good breakout and reversal on the D chart now this beauty is moving towards ATMs ⭐I see a good 1hr channel pattern here opening upwards ⭐A very decent trading setup would be activated when it touches the 1hr support zones ( the lower line of the channel I made) and makes a bullish candlestick pattern :) ⭐Trade type: swing...
🔰 MY thought process : ⭐Multiple supports at the triangles lower side and 3 times good reversal from the upper trendline ⭐Volume profile is showing its trading at the most crucial and most tradable supply demand zone, a breakout from the trendline might initiate a good upmove :) ⭐Risk : 206 can be taken as a good SL where we can take 225 as 1st target and 240 as...
# I am starting this series..... of shorts, where analysis will be even simpler and potential good trades can be activated :) # Break of this triangle = a good long as per risk # Gap up sustained = good long as per risk # breakdown or gap down = leave the trade # Risk only 1% to 2% of Capital :) # Targets = 2% to 3% after breakout or top of the triangle :)
🔰 MY thought process : ⭐A broadening pattern on the Daily chart :) meeting with fibo extension giving a perfect round number of 1300 which seems to be achievable but in a while, kinda positional setup for me :) 🔰Am I taking this trade now: No---Reason: Already in the trades of Naukri and PPL as posted last time :) also took a small position in Coal India today...
🔰 MY thought process : ⭐A good swing trade is possible :) ⭐Pattern: U can call it anything u like, what's happening is a good move than a consolation in a zone, a breakout from this zone = again some impulsive directional move :) ⭐RR as per your RR management and trade only if pharma and nifty are bullish as this stock seems to be a little volatile past session...
🔰 MY thought process : ⭐Elliot waves for the uptrend ended while giving it an ATH now it has broken a serious trendline = downtrend but it's on its monthly support zones which were used to be resistance zones :) ⭐Also at 0.3 fibo so and making a good contraction pattern below the good uptrend line and 50dema, A buy would be initiated if it breaks the consolidation...