In My Journal I Also Have Chart Of Entry Time But Because Of Reputation <10 , I Am Not Able To Post It I Entered In Date 27-Oct-2020 , Using Expiry Of Nov.26.2020 , At Price 3335 I Placed SL. At Price 3236.50 & After Holding Patiently I Catched RR Of 1:14 At The Same Time Stock Jumped 40-45% From My Entry. While Entering My Target Was At = 3700 & I...
📚 LEARN MORE 💰 EARN MORE With ForecastCity Descending Triangle Definition: An Descending Triangle is a type of triangle chart pattern that occurs when there is a support level and a slope of lower high . It is defined by two lines: . A horizontal support line running through valleys. . A Downtrend line drawn through the peaks. The lower highs...
APCL CMP: 210.50 Education Purpose only, Targets : 230, 250, 310+ Levels possible SL: 177 ... Risk is yours and Reward is too yours totally
In this chart, Price is making a particular range and this is the example of range trading strategy. We can take entry when price breaks the range and PRICE close above or below the Range. I will make study so Trader can use and take profit from this Strategy.
THIS IS NOT A TRADING IDEA USE THIS ONLY FOR EDUCATION I MAY OR MAY NOT BE TRADING This chart is showing signs on growth The P/E is very attractive and one may invest in this Check the fundamentals for yourself and see if you want to go ahead
Truncation learning - shortening something That why Elliot used the word failure shorter 5-wave compare to 3rd Wave, forever it does not move beyond or higher the end of the third. We prefer the less connotative term truncation or truncation fifth wave as illustrated in the chart. Reason of Truncating in 5th Wave: In the bull market, weakness in price &...
📚 LEARN MORE 💰 EARN MORE With ForecastCity Descending Triangle Definition: An Descending Triangle is a type of triangle chart pattern that occurs when there is a support level and a slope of lower high . It is defined by two lines: .A horizontal support line running through valleys. .A Downtrend line drawn through the peaks. The lower highs...
This is just the follow up chart of what I posted in the last week. We can see a breakout in weekly time frame.
In RBL bank weekly time frame we can see a clear rejection zone from 210 to 222. The idea is simple if this time it test it's resistance of 222 and breaks it with good volumes and sustains it has a good upside move which it can show.
On Weekly Chart, Jubilant Food looks Bullish and has not broken its structure since long times. Please read my previous study on the Jubilant Food. Currently on 1 Hours Time, stock started forming HL and HH, but not on DTF.... but on higher time-frame say Weekly, structure is very strong and still intact in uptrend. Also, stock is completing its Pullback...
Strides Pharma has consolidated horizontally since May'2018 to August 2020. (nearly 15 months) It has given a breakout in August 2020 and since then sustaining the price above the previous consolidation area. Recently it tested 594 and made a Wolf Wove Analysis Pattern where clear entry was made at 602. (please refer this pattern in chart below in...
SBICARD started making lower high's on daily scale, closing below 800 level will bring more weakness to this stock, next support placed at 720 level as per weekly chart. RSI was tried to reclaim 60 on weekly scale however it faced resistance at 60 and started sloping down. during result week it fell from 900 to 760, last week gains of 8% were evaporated by this...
This stock is making lower highs with same low level on daily chart by forming a Descending triangle, breaking 2000 level will open the downside upto 1800 level. as this Sep-2020 quarter results were weak. it could likely break downside.