ICICI is at a position where we can take multiple trades . Not in sequence depends on how the stock moves .
1)1st trade would be taking a long after touch on the trend line . Risk only 2% of capital .
2) Short at 691 . Risk 1% cap.
3) If trend line has already been hit , can take chance with 3rd trend line bounce after it hits 691 . Risk only .5% or even less...
Vankkam Makkale this is VIjay. Yep,market is keep on going lower and I'm happy for that because we keep on getting good stocks at lower levels which is goood for investment purposes. And we know that in a longer time frame market ultimately going upside only but it will take some time. So pick your stocks carefully and meaningfully.
We got an oppurtunity to...
1) Nifty trend still bearish as per dow theory.
2) Fibo magic no. 61.8% (17424.3) Facing strong resistance.
3) Facing Resistance trend line
4) RSI making lower high
#Disclaimer:- View shared is for educational purposes only. Conduct your due diligence before making any trading/investment decisions.
It has come to my attention that some of the new readers and beginners are a bit confused... This is normal, do not worry...
I am here for you.
I reply to all comments and take care of everybody.
Those positive, those negative and those in between.
Now, to start, just keep in mind that it is normal to be confused if you are just getting started or haven't been...
nifty has delivered positive return 9/10 in the month of june - july.
by considering june low to july high nifty has delivered 8.5% on an average from last ten years.
june low to july high return shown in chart from 2011-2021
9/10= positive closing
catching the lows of june will...
Hello every one if your zoom in the chart which was uploaded earlier, you can find a great multiple DOT level achieved this particular one chart.
for you ready reference particular chart attached. happy trading and have profitable week...
we are here to provide you 100% accurate chart and as we achieve the same thanks....
Looking for potential long trade after recent breakout of previous resistance IN 1 HOUR TIME FRAME. i will after only after candlestick confirmation .
I CAN BE 100% WRONG I DON'T RECOMMEND RISKING MORE THAN 0.50% PER TRADE
In the yesterday’s trading session, we could see that most of the Stocks were somewhere or the other in their correction mode. Also, most of the sectors showed us a sharp decline.
Altogether, we can see that Nifty is still confused as it is still trading in the range of 15900-16400. Moreover, it can be seen that on failing to cross over above...