1. Find stocks which trading in a range. Longer the range - the bigger the move. 2. Wait for price to show strength. Don't jump all in at the breakout. Gradually build positions. Take a small position at breakout and a bigger one at pullback continuation.
What is Double Bottom Pattern? The double bottom pattern looks like the letter "W". It indicates an trend and momentum reversal in a particular asset. It is best for analyzing the intermediate to longer-term view of a market. Double Bottom Pattern one of the most reliable reversal pattern after Head and Shoulders Pattern. How does Double Bottom Pattern...
Stock Selection For Swing Trade in 5min. Live examples which I have done myself also explained.
Prologue : Trading seems to be the perfect solution in tough times. When there is no hope, trading gives easy ways to earn money. Share market looks so mesmerizing with so many good promises. Thrills everybody with its twists and turns. Who will escape from its attraction? Who dares to challenge it? For every tick, it makes the heart beat faster, making the...
I always wanted more from the swing trades I took and I failed to recognise the right target for my trade which many times lead to the stock going down from a major resistance or a trend reversal because of the resistance zone because of which i had to lose a winning trade many times and with time and practice i realised what is best for me is to sell that stock...
Double bottom in formation If it crosses previous high then double bottom pattern breakout will be seen.. A very good upside is seen whenever double bottom breakout is seen
WEDGE PATTERN FORMATION Whenever wedge pattern is formed by drying up in volumes and price range gets narrow...It could possibly give good breakout after completion of patterns
support and r on mrf chart , u can see ckearly it can helpful to draw s r line ,
waiting for breakout and after getting confirmation candle go for long
Price range is getting narrow..Moving nicely in between both upper and lower trend line with drying up of volumes ...BO could possibly take place within few session
E1 - 23 Nov 21 - 11.70 T1 - 06 Dec 21 - 16.20 Test buying per day plan - 1 or 2 stocks or less then 50 rs
I feel that after bullish engulfing on date 5th august 2021, few (2-3) bearish sticks will follow like before and again will raise up. Look at how beautiful the fib band is fitting.
SIS has broken out of channel pattern and had given a pull back to earlier resistance ,which would hopefully act as support now.
It might take support between 270 - 275 for a good swing opportunity + 20 MA being Area of support
Stock Name: ITC Pattern: Trend Line BO + Resistance Level + Cup and Handle Recommendation: Buy above 216.75 TGT: 228 SL below 208 Note: Trade according to your risk capacity. Your Money Your Responsibility
Resistance line is retested as support as demand has increased. From couple of months it’s been moving in that channel now it’s time for a long. Entry: above 1600 Target: 2000 SL: 1450 (It’s not an investment advice, do at your own risk) Key points: When a resistance is converted as support it means there are more bulls than bears amd demand for that has been....
$Nifty 👀 . . Flag pattern 🚀💸 . . #nifty50 #nsc #bsc #StockMarket #StockToWatch #nifty16000
Nifty = +ve / -ve bnk nifty = +ve / -ve watch the video to know more about it