🔰 MY thought process : ⭐ I have studied all the past data and made a good buy zone here if it comes to my levels that is this zone and gives me a conviction pattern on lower TF or then I will activate a trade :) well if gets higher and higher I will simply leave the trade and move on to other good stocks in the market :) ⭐A good pattern or trendline or a good bullish candle on 50 dema = A good sign to keep an eye on it again and than a good entry on lower TF is what i will prefer :) ⭐No good entry signs for now
🔰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 :)
🔰 {Some info} ➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all. ➼I hope you will love my simple analysis style. ➼Feel free to suggest your view on this as learning is earning here :) ➼I take my trades on my Zerodha account :) ➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
I AM BULLISH ON SAIL. FORMING FLAG PATTERN. NICE ANALYSIS BTW :)
Averoy_Apoorv_Analysis
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@mgaurav304, yep keep an eye brother :) thanks a lot stay tuned :)
Ketan1818
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101 is good demand zone you will definately get 10% min on intraday or in a week
Averoy_Apoorv_Analysis
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@Ketan1818, yep its possible to see a movement there :)
Hyperbola2
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Chart assumption is wrong. It reached 2 year high when covid was highest, and its all time high is Rs. 280/-. Stock was down on Chinese metal drop. Now metal prices have started rising again.
Averoy_Apoorv_Analysis
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@Hyperbola2, I didn't said all-time high , I said near term high :), if that news made u money go with it whatever is good for you :)
Hyperbola2
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@Averoy_Apoorv_Analysis, m talking about covid low. It’s better to correct it. May covid was high.
Hyperbola2
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SAIL results expected soon. Can trigger massive buying.
Averoy_Apoorv_Analysis
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@Hyperbola2, yeah that can happen but let's not be speculative without calculations, if u don't see a good setup technically don't enter so soon let it come to your area and break your pattern that u want it to :)
Bhazi
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This stock in 1 hour time frame has made falling wedge pattern.