EVERY DARK CLOUD HAS A SILVER LINING, IT REFLECTS ON CHARTS TOO
Shaken by the tumultuous selloff ?? not a matter of utmost worry though, because every dark patch is followed by some ray of light
as they say, every chart speaks, so, this is an attempt to try and listen what the chart of nifty bank is trying to say, particularly after a fast and furious meltdown
time-frame used is weekly, indicators applied are Bollinger bands and ATR Smoothed
this aint some buy sell precipitation
its just an effort to try and check our hearing capacities
please read the text boxes in numerical sequence
and if it it hits you, let me know what you could hear
DYOR and happy trading guys !!
Breakouttrade
SINGER - 7 Years Breakout🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Cosmo Films Breakout in momentum, Entry @ 1412 retracementCosmo Films Breakout in momentum, SL : 1370, Poor Risk Reward Ratio, Risky trade,
If retrace @ 1412, then entry will be good.
CADILA TRIANGLE BREAKOUT TRADECADILA HEALTHCARE looking good for intraday . Can trade after breakout of triangle and targets are marked or you can take as per your analysis.
Breakout in BAJAJELEC NSE:BAJAJELEC
All Details are given in the chart
New Traders Should Learn Chart Patterns and Breakout strategies Used in the
Given Trade Idea.
Holding period will be 1-2 week
Note - This Trade Idea is only for Educational Purpose We are/would not be responsible for Any Profits or loss of yours
So Do your own research too.
NESTLEIND about to break out.It looks life NESTLE is about to breakout and thus push to higher levels. Consider a long position keeping the following levels in mind:
LONG ABOVE: 18290
STOP LOSS: 18130
TARGET 1: 18450
TARGET 2: 18610
_______________________________________________________________________________________________________________________________________________________
Manage your risk and trade your plan. :)
Naukri - Expecting a good momentum 🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Comments
LT - Inverted Head and shoulder🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Bharti Airtel - Triangle breakout🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Vedanta - Bullish breakoutVedanta had a good breakout from the trendline, so give an entry with appropriate Stop loss
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Cholamandalam Inv - Expecting a reversalCholamandalam Inv is expected to have a reversal breakout from its bottom support, so give an entry with appropriate Stop loss only after a clear bullish candle from its bottom
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
PI Industries - Channel breakoutPI Industries had a clear breakout from its channel pattern, so give an entry with appropriate Stop loss
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Unites Spirits - Retesting the channel lineMcdowell_N is facing its retest in the channel zone, so give an entry with appropriate Stop loss after the bullish candle
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Hindustan Petrol - Retest DoneHindustan Petrol is so bullish and done with the retest, so give an entry with appropriate Stop loss
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade