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
Hi Guys, Welcome to Thenali Views? Today we are going to learn how to identify the trend? What is Trend in the Market? In layman language: Stock moves higher and higher its uptrend or Stock moves lower and lower in downtrend. Then.... What is a Range Bound or Consolidation? When the stock moves in a within range for period time its consolidation. But you...
An Educational Idea for Nifty & HDFC. Nifty Target Achieved at 16350 / Careful At Tops (Short Term). Thanks
Buy1 Lot FOor Swing #Ipcalab Sell Same QUANTITY IN ITRADAY IF it Breaks Dowwn Then EXIT FROM SWING STAY HEDGED BECAUSR ACCORDING TO WAVE IT SHOULD BREAKSOUT ...
Trend linen break 😔 double bottom pattern break out 👍
How to find Strength in Breakout -2. Due to technical error part 1 is in previous video as tradingview does not allow pause or combining 2 video.
How to find Strength in Breakout -1. Due to technical error part-2 is in next video as tradingview does not allow pause or combining 2 video.