SUPPORT AND RESISTANCE BREAKOUT AND RETRACEMENT
Few days back one of us asked me to give a chart on Gold. I had given him the chart; unfortunately prices hugged the stop loss level and immediately reversed and achieved the target today. It is my bad habit to keep the stop loss very conservative, hence lost many good opportunities. I am working on this and for the time being for everyone’s benefit I am...
This is for educational purpose. Shall ideally go for next wave. Also it is at bottom of downtrending channel. Safest risk reward. buy near 1250-1255 sl 1240 trgt 1293. Above redline can extend upto 1363.
A Reversal In The Stock Is Visible With:- 1) Trend Line Breakout 2) RSI Divergence 3) Volume Confirmation On Breakout. 4) Loss In Lower Swing Strength. Note:- This Is Only For Education Purpose. Take Action After Consulting Your Registered Advisor.
Video Idea Shall Have Quick Review Hindalco BankNifty Nifty ---------------------------- Disclaimer ----------------------------- All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns....
Explained in the chart.
Bullish Gartley spotted on Titan 30 minute chart