Strategy for Bank Nifty as long as it doesn't cross 27100 decisively.
Education purpose only.
Keep an eye out, short if it breaks symmetric triangle, or long if it breaches it.
Hope it was good day for all .. Today was another tension free trade
+250 points .. Hope all made good profits today, as the markets moved one way..
VOLTAS round bottom breakout + S/R zone Levels mentioned
Have a look
The stock has been rallying past for few days. Some profit booking possible for this week
Two squares and a circle is drawn in the chart. It can be seen from the 2 squares nifty waited for the stochastic to enter above 80 to give long candles and decisive up move. Now in the circle marked area the stochastic cross over happened and it is above 80 and started giving the long green candles and once the stochastic red signal turns upwards we can see a...
Pennant pattern is formed on the chart. This means, there is going to be continuation in the pattern from previous rally. Target 557 (period - short term)
Investor Query. Detailed mentioned on chart.
The stock has been rallying continuously and consolidation is expected
Take it as educational unless you understand the details of this strategy. I suggest you to backtest yourself, to understand entries and exits, before putting it in your trading repertoire. Rules: ------- Only Long trades when price > 55 EMA Only short trades when price < 55 EMA...
Havells India - Outlook for the week