Last day I shared a trade setup in DABUR where I mentioned that Dabur has come out from a channel pattern if it goes back to test those level I will take a entry. See my Risk To Reward Isn't it enough for a Day trader? Learn price action Trading Guys It is the key to make money in the market whether U have 10K or 10CR
Even in a narrow range when price don't find the direction to move if u can mark the key levels of reversal you can go long or short. I took scalping trades in SBIN based on this setup
While taking a trade you must have confluence in your mind that what is the reason that you are going to take the trade! Even if you proven wrong analyze that what was wrong where it could have been better,
I have drawn the trendline when it was broken I went short Black rectangle was the target area! Today when price came and touched the trendline it reversed and I did a nice bit of scalping. May be I can get an entry somewhere again later Its just because I use THE PRICE ACTION
accumulate in between 600-800 for next 2-3 month!! Wait for closing above 837 on monthly basis!! target:1200-1300
Eicher motor is standing at a resistance on weekly charts
Simple Chart with strong implications - - Resistance - Bearish Engulfing Pattern - Volume Confirmation - RSI oversold