CMP 3450 NEAR A BREAK OUT EXPECTING SELLING SIDE...
In this video we show how to do trading with pattern breakout. This video is completely for education purposes.
In this video we show how to do scalping method with perfect SL trailing. Video Courtesy TRADING VIEW. Video is only for educational purposes. #INTRADAY #BANKNIFTY #STOCKMARKET
1. BIG GAPUP, FOLLOWED BY BIG GREEN CANDLE . 2. PRICE SHOWED THE REAL FACE AFTER LOSING MOMENTUM 3. NOW AFTER BREAKING SUPPORT OPENING PRICE , THE PRICE HAS TO FILL THE UNNECESSARY GAP - UP 4. ON CONFIRMTION A SHORT WAS GIVEN 5. FOR THE TARGET FOR PREVIOUS DAY LOW
LAST TRADING SESSION ICICI BANK ALREADY GAVE A PULLBACK ON 0.5 FIBO LEVEL AND STARTED ITS JOURNEY SO IT WAS IN WATCHLIST ALL I NEED IS CONFIRMATION THERE WAS ALREADY A RSS ( GREEN SPOT) ON BO OF THAT TRADE COULD BE EXECUTED AT YELLOW FOR 1% TARGET EASY FOR MORE CONTACT 9940084570
Strategy explained on the chart.
Strategy explained in detail on the chart.
I come across many times when people fall in trap when they see breaking of long term support or resistance in intraday by merely seeing on small timeframe (TF) like (1-5 mins). I suggest those friends to wait for the confirmation of such breakout on higher timeframe like 15-30 minutes atleast. In this example I would like to make you understand this psychology...
Example of a bullish symmetric triangle breakout on BankNifty as observed on the 15 min charts. As the price moves between the converging trendlines, the point closest to the tip of the triangle, presents a good entry point to go long. The stop loss for the trade was the previous swing low and the target was the day's high. Giving a good 80-90 point profit, with...
Last week, I had posted charts of COALINDIA forming a descending channel and also predicted a breakout in the coming days. Here it is, this may not be like a 5-10% trade or something. But a 2% is enough for intraday. The trade involved no risk and very easy to spot as the volume rocket from 100k to 2.9M as the breakout happened. This was to show the power of...
Congrats to everyone who have studied my BIOCON pattern took the breakout entry and captured a huge move in intraday People who have just watched it and learnt from it is also appreciating This is the power of Price Action If you are learning from my ideas and getting any benefit from it please like my ideas its a motivation for me.
sorry for uploading one day late!! but yeah those who followed were profitable!!
Always have a zoom out look on the charts and the patterns also became worthy at the perfect place not everywhere! And if your analysis is right and its giving you good profit you can hold a bit more!
Reliance was in range so i created a channel and reliance followed that channel for long time. When the first green candle broke-out it was the to enter and grab easy 1-2 %. a simple price action strategy and breakout strategy will be enough for you to make money.
Hey Guys If you have watched my BPCL trend analysis! This is just the outcome! Hope if you have made some handsome profit! Stay connected by following and message me if need any help!
Short below 217 Target 211 SL 223 R:R=1:1