Although I had this on watch, but I wasn't able to catch this rally. Look at the pattern.. A perfect bullish Flag! THIS IS THE POWER OF TECHNICAL ANALYSIS Want to make money along with me? -Click on the follow button. Want to get free trading signals? - Message me the word "Interested" - Only till 21-01-2021.
Today BNF entered the long channel that it broke in September. The lower channel line is respected from May 2020 and is acting as a good support and resistance. With todays break out with good volume should give BNF a good boost to sail through 26500+ points easily in coming weeks. There are some gaps to fill on the way that was created by the fall during covid...
DJIA is at the PRZ of a Bullish Harmonic Pattern AB=CD which coincides with the Ichimoku support both weekly as well as daily. Failure to hold 26000 will trigger a medium term correction in it. For now resistance at 26800/27100/27500.
Any of my investment or trades I share on my view are provided for educational purposes only and do not constitute specific financial, trading or investment advice. ... You must be aware of the risks and be willing to accept them in order to trade or invest in markets. Don't trade with money you can't afford to lose. Dear all Pls provide likes for my ideas as it...
Simple resistance and support play. Break - Retest - Continue. No need of fancy indicators. Trend continues up. Also no LL and LH formed for the bears to enter. Keep it simple.
Banknifty in clear uptrend. Target 26500 next. Buy the dips.
Relaxo has broken the range in which it was accumulating for past few weeks. Can easily see the targets of 750 levels in upcoming 3-4 weeks.
HAVE I NOTED RIGHT ? disclaimer - for educational purpose.
Just for my self Educational Purpose not for trading or investment for other Soon Retest at 1950 and then range bound for 45 day at between 150 point will reverse from here if volume above 50 M on MCB
Target 200 2 Month Stop loss 150 on WCB because rejection on 150 range with volume support this study for my self purpose not for trading Business Prospect Moderately Good
Excellent Pitchfrok good risk to reward ration stop loss 590 on WCB
NIce Pitchfrok Set up Target All time High Stop loss 720 on DCB
last 3 hourly candles shows - high isnt broken yet making those level strong resistance for day + higher lows can mean bears not able to play much today = 2nd half can either be for #bigbulls or pay withing this inside body ... lets see the play disclaimer - for only educational purpose.
A GOOD MIX OF 1) REDUCE YOUR SIZE TILL FEAR IS OVERCOME & 2) STICK TO YOUR PLAN, SET UP = IF BOTH POINTS FOLLOWED / KEPT IN MIND, NOTHING CAN STOP YOU FROM OVERCOMING YOUR FEAR OF TRADING disclaimer - for educational purpose only.