Waiting for the trendline break with momentum.
Observations 1. Three different entry points - A, B, C 2. A at 567, B at 753, C at 891. 3. One triangle breakout at 891. 4. All entry points still within the trend 5. Currently inching towards forming a triangle. 6 . 21-Aug is dividend date. Let's see if it breakouts or not.
Price Prediction - Learning - Trendlines (External / Internal) - Entry points and intersection of external and internal trendlines - Target price based on intersection.
Trendlines and Spacing - Learnings 1. T# and A# are the entry points for two different up trends. 2. Trendlines widely spaced touches are marked in green color with the entry point numbered in T# and A#. 3. Trendlines with narrow spaced touches are marked in pink color (Considering staying in the trend, these lines may be wrong). 4. A trader entered @ say, T1...
Indecision in the market Probability 1: Price above 11327 will move towards 11430-11460 Probability 2: Price trading below 11310 will take all the way to 11186
I always wait for this kind of price action formation because its very simple and also very common pattern in the formation of HH HL, There is a Trendline acting as a support, Now I need a break of counter trendline to take a trade.
NIFTY Fut. at Premium. Beginning of Last Week, it was Discount: 21.45 POINT Covered 22.45 POINT As mentioned in Previous post " 10812 - 10798 (SUP. - RES. Cross-Over Point) Looks Crucial l". Attempt Several Time in last Trading Day, But unable to Cross. (Watch Orange BOX arena in Chart) Levels for Coming Week mentioned & plotted on Chart. Watch Previous Posts...
Crucial Zone 26610 - 26490 (Spot). Bull Trend Above 26610 (by Closing for 2 consecutive days. Spot level) Rest mentioned & plotted on Chart. Education Purpose only. If useful Like & Share
Hi, Thanks for your response to my previous post which actually made profit for some traders. Expecting similar response for this post too. So the rally did come, as per expectations, which took the index from 10701 to 10809 in just two trading sessions. However, it came back to the same level of 10711 and faced a hard push to 10837. Was it just short...
This is a highly volatile stock so risk averse traders can simply ignore this trade. Notes on the chart.
Detailed mentioned on Chart. TAG: Head & Shoulder, Inverted H & S, AB=CD, Trend Lines, Disclaimer: Take this information as study/education purpose only. If Useful Like & Share
hdfc bank imp levels
Hi fellows, hope you are doing great with your trading. I wish you all the best for the coming week. In my previous post I shared my observations with the expectations that the index will achieve higher levels in the coming days. Unfortunately, I had to take trades in the reverse direction, later in the week, in order to mitigate my losses. It is all part of...
MRF formed Round bottom. The current trend in ascending channel. So expecting a breakout from the resistance at 69830. Once it broke it is resistance it will be good for long. Height of cup 8269 Neckline 69830 buy above 70500 Target 1 78099 CBSL 69825