Symmetric Triangle on Bank Nifty and it may break either side. BNF having limited upside due to EMA 50 lying on near to 18395, so price trend is downside. However, this triangle may break either side. "Safe Trade" Trade (Spot Price) Long: Buy above - 18335 Target - 18395 Stop Loss - 18285 Reward Points - 60 Risk Points - 50 Short...
Last Price@8257 Nifty has been moving into corrective structure & within a channel. Yesterday-it was an excellent upside move for the Nifty as it sustained above 8200-8210 zone, which was resistance & suggested that this rally could extend to 8300-8350 zone. Since 8250 which was key resistance yesterday has been taken out so likely it has opened for upside &...
Cup formation on Canara Bank in 1hr chart. Trade: Buy above - 313.00 Target 1 - 315.50 Target 2 - 317.50 Stop Loss - 311.00 Reward Points - 4.50 Risk Points - 2.00 "Happy Trading"
Triangle Breakout on Yes bank. Trade buy abv 1163 Target - 1176 Points gain - 13
BANK NIFTY IN ACCUMULATION MODE ON HOURLY CHART AND 4 HOURLY CHART RISK/REWARD FAVORABLE EITHER WAY 18000 OR 18800 NOTE:-CHART IS FOR EDUCATIONAL PURPOSE ONLY NOT INVESTMENT ADVISE.
Ascending Triangle formation on LICHSGFIN. Buy above 528 Target - 534
I have here used the ABC pattern with subwaves 3,3,5. In the C wave as you can see is still forming. here are a list of reasons why i believe that this stock is about to correct. wave C is still still under completion with 2 subwaves remaining. Double top formation. Formation of indecision candle on both the tops. Channel formation where even if the there...
Dear Traders, Descending Triangle formation on 15mins chart in Axis Bank. Most probably to break the bottom of triangle and 50 EMA staying above the price. It seems bearish. Sell below 494 Target 488 Points Gain - 6
It is been observed on hourly chart that the price action breaks below and closes below crucial support levels of 1300-1288, indicating further bearishness ahead. Target: 1260 Stoploss: 1360
:- Neutral stance as of now, as the move currently not confirm as the c wave is not confirm as it can go more south until 161% retracement. :- but if it breaks to the upside it may form a new leg of the move. :- risky trade( short when close below 100MA book profit at 161.80%) (long when break the trend line to the upside) :- and yes it is also holding middle...
in.tradingview.com Yes bank on tip of the triangle. Stoch and AO indicating on downside. MACD is not yet bearish cross over but it is still staying below 0 so consider as downtrend. Only the price action may decide the direction on Monday 17/10/2016.
Bullish Cypher in BankNifty, pattern traders trade with proper stops
Simple Trade setups are the best one's. Instead of getting stuck with some complex trading systems, the simpler the better I believe.Today morning, first I looked at Nifty, didn't feel quite good about it, its completely ranging,so shifted focus on Banks..yea we are gonna buy Banks like Billionare's :).Lets keep funny things aside, here we are looking @...