Short on Daily Time Frame on 11.10.2022
Reverse flag on 1 hourly Time frame
Reverse Flag Details
Pole Start (06.10.2022; 10.15AM)
Pole End (12.10.2022;10.15AM)
Pole target matches with 1:1 Risk reward strategy on daily time frame on 11.10.2022
After trend line analysis and Bollinger band strategy the Risk Reward COMES TO 1 : 4.5
Target- 498
SL- 528
Note:...
As I posted the chart of Auro pharma a few days ago. it has given a breakdown of that levels.
do check and act accordingly
if it breaks today's low it might give a good move in a downward direction
AUROPHARMA forming Head and shoulder on daily basis chart. if the market moves downward it is good candidate to short.
the neck line is good support.
wait for stock to trade below 503 once it sustain below that level we can look for short.
1. looking strong above -963, have position for the targets of -T1, T2, stoploss - 957
2. looking weak below -955, have sell position for the targets of -948, 941. sl- 961
3. trade will remain void if opens big gap up or gap down.
I hope you can now see how AUROPHARMA represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Thank You
Disclaimer: It should not be...
I hope you can now see how the Auropharma represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favour.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Disclaimer: It should not be assumed...
Hi Traders,
1. On May 25th, 2020, I mentioned in the analysis is quoting for your consideration " 2. Now come to the technical part. I showed you a volume area that it is decreasing with increasing price. Therefore, the volume relationship with the price should come down. But what I feel is this is classic trapping of sellers. Hope has been...
Greetings friends. I'm excepting the market to reach a level of 567 If it breaks the box. If not, buy and it's target is the previous upper box level. Make sure you catch it. Hope y'll find this useful. G'day guys.
