1. Set up: Reversal 2. Triangle set up 3. SL: Follow weekly closing basis 4. RR 1:14+ 5. Probable bottomed out stock ready for massive upside move
Cup holder is a bullish pattern. Cup height is the usual target & it could even rise above that. Since KSL was listed, it has formed 6Y base & it rose around 145% from breakout. Did Fib retracement for the recent handle from top to bottom. Now another 6Y has broken out & so far reached 80% which is fib level 261.8% of the handle top to bottom. If I project to...
Nifty is continuously testing the resistance zone showing signs of strength Given the set up, one may consider a short strangle strategy An example of Short Strangle Sell Nifty 29 Feb expiry 21700 Put option around 160 22450 Call option around 140 Total incoming 300 points. Max profit potential of approx 12% on Margin Capital Inbuilt protection - for a...
1. Trend bullish 2. Set up: Breakout & Retest 3. RR 1:5.5+ reversal trade set up 4. Double bottom at retest
1. Set up: Breakout 2. Bottomed out 3. In process of big rounding bottom 4. RR 1:13+ with 2 probable entries
In the volatile world of commodity trading, gold stands out as a prized asset with its unique dynamics and responsiveness to market shifts. Trading gold reversals requires a keen eye for patterns and a strategic approach. This article explores a potent strategy: identifying breakdowns of previous lower lows and leveraging substantial volume to initiate trades on...
These Levels are based on purely mathematical calculations. Validity of levels are upto expiry of current week. How to use these levels :- * Mark these levels on your chart. * Safe players Can use 15 min Time Frame * Risky Traders Can use 5 min. Time Frame * When Candle give Breakout / Breakdown to any level we have to enter with High/Low of that breaking...
These Levels are based on purely mathematical calculations. Validity of levels are upto expiry of current week. How to use these levels :- * Mark these levels on your chart. * Safe players Can use 15 min Time Frame * Risky Traders Can use 5 min. Time Frame * When Candle give Breakout / Breakdown to any level we have to enter with High/Low of that breaking...
Here’s a stock I'm keeping an eye on for the next day's trading. I'm aiming for a 1%+ intraday profit with a flexible stop-loss. The rules are simple - there are two lines marked on the chart that act as support or resistance, depending on where the price opens. When the price touches or crosses either line, from any direction, for the first time, I decide...
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BajajFinsv a long awaited breakout might be around the Corner
Mahindra Logistics is seeing a sector tailwind from Logistics Sector. While I don't see any specific pattern, the stock can give good moves provided it crosses 450 which happens to be 200 EMA, with good volumes on a weekly closing basis. Small Entry can be made, however big allocation can be done only after 450. Disclaimer : Educational Content and not a...
SRF is showing signs of breakout in the weekly TF. Keep it on your watchlist
Great to see the volatility in the market once again! The major support, resistance and targets are posted here using Fibonacci Tools and other technical analysis. Watch out for these levels and do post your comments
So yesterday #Nifty washed away previous 2 days' gain. It may happen today once again. On other note, global data showing a bounce back plus, Reliance's new JV with Disney may also contribute to Nifty's bounce back. However, game is simple today. I will be watching 1st hour's candle made and that will decide the direction of market today. If it's high broken...
#BankNifty tried to bounce back but failed yesterday. It may taste 200SMA again. The support now points at 45500 levels. If this is taken away then we can see 200SMA being tested which is at level of 44870 levels. On upside any major move will come only above 47200 levels. If this is taken away then we can see 48200 in next few days being touched. Again, it's...
Buying the dips in GE Shipping CMP 953 SL 914 Target Fresh new highs Even if SL is triggered i think this is a good stock to hold for medium term.
XAU/USD (Gold/US Dollar): Recent Trend: Trending between $2040-$2020 in moderate risk. Current range: $2040-$2020(Hook Zone) Trading Range: Based on recent trends and support/resistance levels, trading range for buying or selling stands at highs and lows. Additional Notes: Waiting for updated support/resistance (SR) range after USA data release. Recent Trend:...