Reliance was in range so i created a channel and reliance followed that channel for long time. When the first green candle broke-out it was the to enter and grab easy 1-2 %. a simple price action strategy and breakout strategy will be enough for you to make money.
NIFTY INDEX TREND SETUP -NIFTY WITNESS ONE OF THE WILDEST SWING THIS WEEK -THE CRUCIAL PART THAT I AM EXPLAINING EVERONE IS THAT 9950 WAS NOT BREACH ON A WEEKLY CHART AS WELL ON DAILY -THE SHORT COVERING RALLY IN THE INDEX PROVED TO BE VERY VITAL -THIS INDICATES THE STRENGTH IN BUY ON DIPS MARKET -20 AND 50 EMA WERE TESTED GAPS WERE CLOSED AND THE PRICES...
ICICIGI BUY ABOVE 1330(TRIANGLE PATTERN)
BANDHANBNK was in my radar from last three days, since yellow trendline was tested by many times hence it became weaker. Today morning when price crossed pink line which was yesterday high, i entered into the trade 276.45 with SL 266 below the yellow trendline and keeping the momentum in my mind because of expiry day I took R:R 1:1. and booked my profit at...
I have selected M&M yesterday for Today session(8th June 20) since it was forming a nice pattern in 15min TF. I missed the BD, however i have entered once price crossed the pink line(previous day low) and got 5 points. Target was the green line(day before yesterday low). Entry - 474.9 Exit - 469.5 Please like & comment, if you learn something from this post.
SHORT NSE:CESC at 610 Price is near demand zone on higher time frame. Stock is forming LH-LL . SL is bigger here(627). Just observe price action. Expecting a target of 575/557
BERGERPAINT is near the import fibo level and TL is also forming, once crossed 520 can be good for long.
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SRTRANSFIN Descending Triangle