Triangles are very common and promising patterns. Normally they are considered as continuation patterns in the direction of prevailing trend. I am presenting here three useful entry techniques. None is better than the other and each one has its own strengths and weaknesses. ANTICIPATION SETUP As the name suggests, the trade is taken before the triangle...
Rounding bottom pattern has been formed and price broked the 260 odd levels decisively, if sustained can head towards 500 mark.
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...
chances nifty will trade in between range of 15680 to 15775levels. In case breakout of this range will give strong points move in breakout direction.Weakness possible if nifty trading below 15680 level. Upside rally possible if nifty trading above 15775 level.
Chances banknifty will trade in between range of 35000 to 35500 levels. In case breakout of this range will give strong points move in breakout direction.Weakness possible if banknifty trading below 34950 level. Upside rally possible if banknifty trading above 35500 level.
Check out daily Nifty and Banknifty Target for Intraday & Prediction for Tomorrow.These Forecast are based on some of the most used Technical Indicators; hence, they are expected to give accurate predictions. This Index Target, Forecast or Predictions should be used only for reference & educational purposes. The Data or Information provided may or may not be...
How to trade Cup and Handle pattern? The Cup and the handle pattern is basically the retracement from the prior top to about 1/3rd of the vertical height of the cup. Cup and Handle pattern can be seen both as a bullish continuation or reversal pattern. Cup The Cup is usually “U” shaped and may be considered as a rounding bottom with almost equal highs...