Nice breakdown in Gail, check your tradeplan for entry. Anyway at times if lucky we will get slight pullback to triangle itself. All The Best !
Choose what you wish for as per your trading plan. On a channel breakdown Intra players will be shorting and on Positional side they will be long when BPCL gets back to harmonic entry levels. Happy Trading !
We do all kinda stuff..And why on earth we are choosing a riskier scrip SBI on RBI day ? Bcos, we know our Risk, We Define our risk, We know how much we stand to lose in that risk, so that helps our trading plan. Here there was bearish momentum on hourly SBI and its ranging for sometime, so eventually Bearish breakout expected, I will be taking this trade on...
I was about to post this by Monday itself, but went on with other stocks, anyway now you have it in TechM. May be if you are conservative enter on Pullback & Enjoy the game !
As this post is merely for educational purpose, let the stock remain anonymous for the time being. The analysis would not only be applicable to long term charts but also to smaller time frames. I have found two important phases of Panic Sell-off in a bear market. One in the beginning and one in the end. The former phase is good for sellers and the latter is...
Gail moving fast, so here is the post out...
Bearish down move expected !
This is not trade setup itself, its just an idea shared here on Biocon on potential scenario of shorts. I'm not sure about end of wave 4, as I don't have patience for sub-waves & there is no bearish reversal as of now. So either you can do subwaves & predict wave 4 end, if you don't know elliott's don't worry, just apply whatever strategy you use over Biocon &...
After a long time the shark is returning in our trade setups but this is not solely based on shark on 15 mins, we get other supportive points also , Elliott counts & trendline break in Ambuja cement points downside, choose whatever you wish to. But always choose one & trade based on it, if you combine all this n choose , you will take trade in one setup & place...
Good Morning ! After a long time, looks like I'm coming up with earlier post. We are communicating with Tata Comm real good & in harmony , so that's the reason for the Bearish Gartley over there. For most of new followers, this may be new stuff but don't worry, its just good-old goodie which I used regularly before I left from site, even now I use harmonics & I...
I think thats something you guys need to decide depending on your risk ability & weekend , importantly as per your trading plan :) Lol ! Typo's thats 464 :)
Most of My New followers won't be knowing My tryst with TataSteel, every time I post a trade setup on Tatasteel it fails, No matter what it will fail. Always misfires... & It will remain as Favorite Misfire, No matter what, Not gonna hate it :) Here I honestly seek your opinion on Tatasteel whether this will happen or not, can you guys throw some light on that ?
Dewan broke down of ascending channel and closed below 21EMA. Short term bearish. For long term, accumulate.
Why it is Absolute Risk ? Bcos once you take the trade there is No going back, Your Risk is defined for sure & Absolute. Very well before taking the trade we know our Risk & on failure Risk is absolute. But we can't say for sure our trade setup is 100% winner, so there is Potential chance of Reward. Vedanta just initiating channel formation, LL's indicating...
Looking at downside movement from current levels,NMDC can be used as swing setup if it suits with your trade plan. Again, those tools are used on different timeframe's so skewed :) Happy Trading !
You can take it as either Intra or positional based on your risk appetite, but I will be aiming for a downside move in Hindzinc bcos of trendline retest and bearish nature. If you;re doing intra book partial profits in 245 zone,( positional too ) then trial the stops making it as breakeven trade :) If trendline gets violated wait n watch, if the resistance also...
I m not sure whether old strategies in the trunk Got Me or I Got that, but now another trade setup in Gail, as this charts are like Holi colors, Gave away approx stop, target , Entry zone. Check with your plan before trading. But as far as now, Gail : I Got You :) Note : That's a song by Bebe Rexha ( I got you ) with some fantastic beats, enjoy if you have time !