fresh targets for suntv after hitting 550 markcontinuation update
as we see there is
inverted head and shoulder pattern
based on which
next possible positional target
can be near 640 +
disclaimer - trade @ own risk
old post for reference
Alwayzrachana
flag and pole based buybreakout above 1570 will generate buy
for target move towards price
1588-1597 ( stop 1553)
bigger target 1810 (positional swing)
patternn identified > flag and pole
targets based on resistance level area
disclaimer - trade @ own risk
weekly based buy - reasoning based on 3 time frame belowas per weekly chart 🥇
its a buy based on RSI which is higher then monthly rsi
supportive 4hour chart below⛳ :- resistance trend line broken
supportive 15 min chart below🪁 :- inside box based trade, though buy is above 89 which seems far as per time frame , yet shared as it shows consolidation
disclaimer - trade @ own risk
stay long - reasoning belowmomentum rsi study
hourly=76 > 4h=73 > daily=70 > weekly=68
all big time frames above 55mark
as per this parameter - stay long till
daily rsi close is above weekly close
weekly time frame can be kept
as support trend line for long
rounding pattern neckling cross on 4hour tf
weekly chart below for reference
book full profit for now - till we meet again 🖐positional buy given from 500 level for target 550
on feb 2nd
target met in 2 trading days
🕵️♀️risk:reward = 2:5
keeping it met in 2 trading days
risk : reward has been even more 🏒
😍book here fully till we meet again on this script 😍
for reference buy post below
fresh buy or add quantity heretrade based on >>>
cup & handle neckline break
buy near 1290-94
for targets - 1305, 1314, 1325
stop 1275
deeper stop 1262
note :- since risk:reward not that favorable - so trade with caution
below attached previous infy chart for reference
disclaimer - for study purpose
bank nifty view and plan based on today's close note :- if above mentioned conditions are met
trade based view will be shared here next..
disclaimer - personal view
positional buypositional buy towards level 500 keeping 480-85 as stop
based on triangle and resistance neck line breakout
disclaimer - personal view
downside target given in nifty - metattached below old idea post where the small target level was given
which is achieved
what type of trader🕵️♀️ are you ?✨SCALPING TRADER :>
The main advantage of scalping is the ability to gain profit from small price changes within the shortest time frame possible, which is often amplified by a larger position size. This is an intra-day type of trading which means that positions are closed before the end of the trading day or session
✨DAY TRADER :>
A day trader buys and subsequently sells financial instruments within the same trading day, which means all the positions that he creates are closed on the same trading day. Due to the short-term nature of day trading, there is less risk involved in it as there’s no risk of something happening overnight to cause a big loss.
✨SWING TRADER :>
Swing Trading is a strategy that focuses on taking smaller gains in short term trends and cutting losses quicker. The gains might be smaller, but done consistently over time they can compound into excellent annual returns. Swing Trading positions are usually held a few days to a couple of weeks, but can be held longer.
disclaimer - personal view
