As discussed earlie it seems like this stock is showing starting of a new trend .
Chart Readings - Confirmatory breakout of recent LH.
Candelistics indication is on trend side .
Technical Indicators RSI and MA are also indicating strength and momentum respectively.
Participation is good (volume ) sustantiating the price move .
Daily TF Cash swind trade idea : Paytm
As we can see in chart stock is performing well from its lower low and may break its lower high soon and results in start of a new trend .....😁
Where a swing trader can find a trade opportunity ☺️
Ola!
15 Min TF showing a flag pattren is being formed .
Lets wait to form it properly ......
~~for confirmation go to 3/5 min TF and identify the Highs and Lows
Want to be spoon fed .🤤
Don't have a trading plan .🤐
Dosen't validate a trading strategy .😒
Get swayed by news and opinion.🥴
Wrong expectations 😵
Trading without poven concept .🤥
I think analysis is clear in chart explanation is not required.
Fundamentally this stock is vry weak and there is no sign of improvement eexcept managements commentry.
CONTRA Trader can bet on
~~~Educatinal Purpose
* As it is clear in chart stock is consolidating at support zone .
* Todays closing above 20DMA
* May change its trend sequence of basic trend movement
*Technical Indicators also showing strenght .
If global not disturb it may start its upward journey .
~idea educational purpose only
IRFC overall was in uptrend after a healthy correction , it formed a bullish haraami candelistic pattrn before key support zone and shows sign of strength .
Predicted Analysis - it may resume its Medium term trend (subject to market conditions).
~~~For Educational purpose only
1.Stock was on short term down trend making LH ,LL
2.Price is taking support of trend line .
3.formed a bullish engulfing patrn .
4.also broke its recent LH successfully .
5.Volume and RSI substantiates the analysis.
Could give 3-5% in short term - educational purpose only .
