Hi Friends and Fellow Traders,
Stock has broken out beautifully from the Weekly Downtrend
Strongly placed over an Area of Support
Consolidating in a Symmetrical Triangle
Price above 200 EMA in Daily (Which will act as second level of defense if Support Zone Fails)
In Hourly Timeframe : Forming a ascending Triangle
BUY on close above 250
Levels Marked on...
Hi Friends and Fellow Traders,
The Chart is beautifully setup for a breakout trade.
Good Support Build Up
Consolidation in Daily Price over 50 EMA For Last 4 Trading Sessions
Good Market Structure
Price Needs to Close above descending trendline
Good Risk To Reward Setup
Wait for the price action on a Hourly Candle Closing Basis
Enjoy !
Hi Friends and Traders,
All levels are marked on the chart.
Reiterating that entry should be on closing basis in 1H chart only.
Good Consolidation
Good Retracement
Breakout from Descending Trendline
Good Build Up
Small Stop LOSS
Great Risk To Rewards
Enjoy.. Comment if you have Traded !!
Hi Friends and Fellow Traders
#DONOTMISS
#MARUTI
Broken out from the Daily Downtrend (+ Sign)
Price has been beautifully Consolidating over Hourly 200EMA
Following a Good Trendline in Hourly TF
Successfully closed above 6800-6850 resistance level (after testing for 4 times)
Same Level may act as support to propel the stock further
Today took slight...
Hi Friends and Fellow Trades,
WATCH OUT for this one !! ALL LEVELS MARKED ON CHART
ENGINES PRIMED , IGNITION ON , WAITING FOR LIFT OFF !!!
Breakout from Descending Trendline
Major Trend is UP
Ascending Triangle forming in 15 MIN timeframe
Market Structure is Up trending
Strong Area Of Consolidation
#FANOFBREAKOUTS
ALL SIGNS OF GOOD THINGS TO COME !!! LET THE...
Hi Friends and Traders,
Is it BOOM BOOM Time in COAL INDIA ??
The Journey and Struggle of a STOCK is depicted in the charts !!
A lovely setup as per my analysis !!!
Comment and LIKE if you have participated in the trade.
Stop Loss is intentionally kept tight to prevent heavy losses in case of a failure again.
KEEP THIS ON YOUR RADAR. ANY BREAKOUT WILL...
Hi Traders,
Everything marked on the charts.
Levels are all on closing basis in 1 hourly timeframe.
Comment if you have any doubts or feedback !!
Happy Trading !
Hi Friends and Fellow Traders,
MUST WATCH stock.
Price Trading at 61.8% Fib Retracement
Price at long term resistance turned support zone (daily and weekly timeframe)
Price right at the UP trendline support
TRIPLE CONFLUENCE OR A COINCIDENCE ???
DEFINITE LONG ON CLOSING BASIS ABOVE 214. THIS WOULD CONFIRM PRICE ACTION AND SUBSTANTIATE THE REVERSAL OF...
MOTHERSUMI TRADING SCENARIOS FOR UPCOMING WEEK WITH RISK-REWARD
Please watch through the end.DO NOT skip any part of the video or fast forward as you may miss important discussion point on the levels and entry exit triggers.
This is my view and is should not to be construed as BUY or SELL recommendation. Please use your discretion before taking any position in...
Hi Friends and Fellow Traders,
Nifty has been witnessing volatile sessions last few weeks and the upcoming week may not be much different until a deciding breakdown or breakout takes place.
The charts have been outlined with my view and I advise caution on the BUY and SELL side unless there is a decisive breakout above 14960 or a breakdown below 14687.
NIFTY is...
