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🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
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A beautiful move by the big bank | My trade reviews #3See old trade charts of mine to compare what I needed for this breakout and how things turned out on our side :)
Now it is resting on the gapper support we have there + trendline too soo seems quite bullish to trade on with a small risk a good bullish candle tomorrow = trade on a daily close above 1500 round lvl = biggi break for further upside for this month ....
Happy trading :)
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NIFTY 1HThe range in which NIFTY is trading is shrinking. It has started forming a pattern which is The Rising Wedge Pattern. It is mostly observed that this pattern generally has a breakdown instead of a breakout but that depends on the market is never 100% guaranteed. But as it is said in stock market "History repeats itself" so we can believe to notice a break down in NIFTY. The RSI is also nearing 70 in 1HR timeframe. You can backtest the reaction of NIFTY when it reaches RSI of 70+. So we can expect a correction in NIFTY in the coming few trading sessions. No one can say how much NIFTY will correct, but it will definitely show a reversal pattern once it's done being bearish. So hold your cash and wait for NIFTY to correct. You can catch stocks at better prices & incur good profits. Happy Trading & Investing!