HOW TO FOLLOW ALGO SIGNAL:
Deciding buy/sell
1.Strictly use only on 1 hour time frame.
2.Wait for a ‘X’ sign before mind make up. A red ‘X’ means look for selling opportunity , a green ‘X’ means look for buying opportunity.
Taking a position:
3.Wait for an arrow before entering into any position. A red arrow on upside of a bar pointing downward means open...
HOW TO FOLLOW ALGO SIGNAL:
Deciding buy/sell
1.Strictly use only on 1 hour time frame.
2.Wait for a ‘X’ sign before mind make up. A red ‘X’ means look for selling opportunity , a green ‘X’ means look for buying opportunity.
Taking a position:
3.Wait for an arrow before entering into any position. A red arrow on upside of a bar pointing downward means open...
SYMMETRICAL TRIANGLE FORMATION IN INDUSIND BANK
JAN FUTURES
PATTERN IS VISIBLE IN THE DAILY CHART
HAS A NEARBY RESISTANCE AND SUPPORT
VOLATILITY AFTER RESULTS SHOULD NOT BREACH THIS LEVELS
!!PLEASE NOTE THAT!!
BREAKING OUT OF PATTERN ON FINANCIAL RESULTS ALWAYS
RESULTS IN CLEAR DIRECTION AND TREND FOR MEDIUM
TERM!!
!!TODAYS BREAKOUT WILL BE A DIRECTIONAL...
looking at the indices and sectorial stocks kotak and hdfc dragging , while all others pulling it higher , icici still has a 10% upside left while sbi will follow and will keep on making a higher high.
yes bank may consolidATE as like axis bank .
Indusind will approAch new LTH .
and sooner or later hdfc will come into picture to keep the show GO ON !
the stock i personally feel bearish but yet just to mention levels and to remember them placing the idea here so as i can revisit and keep a check of what is going right and vice versa!
