Bumpandrun
Nifty What's Next Hello Everyone, Yesterday Nifty was very bearish and down with a gap, so for indicates to be down on Monday as well as the next week and come to the projected targets as there are many similar metrics showing down so let's see what are they
1. First of all what i think the cause of being nifty down is the bump and run pattern as it is a bearish and already it's very high although
2. The Volume is also under the 20 ma on volume and whenever it is on the top of volume it shows us down like "November 2021 and May 2022"
According to me the projected targets are 17207 and 16778 or if it break these then the gaps could be taken as target although its on you that you take it or not on you risk, Thank you
What is Bump and Run and How to trade it Hi everyone, today we are going to look at the bump and run pattern and find out what the bump and run pattern is and how to trade it
So let us get started
The bump-and-run pattern is a technical analysis pattern commonly used in financial markets, especially in stock trading. The pattern is well known for its high success rates as you can see on the chat above also it is used to predict potential changes in the trend of a stock. The pattern three phases: the initiation phase, the breakout phase, and the run phase. Each of the phases plays a critical role in identifying the pattern and predicting future market movements.
Traders can use the bump-and-run pattern to identify potential entry and exit points for their trades. If a trader sees that a stock exhibits the bump-and-run pattern, he can enter a long position during the entry phase or sell his position during the bump phase. Conversely, if a trader sees a stock exhibiting the run phase, he can sell his position or enter a short position.
The introduction phase of the bump-and-run pattern occurs when the stock moves in a narrow channel with a steady uptrend. This phase usually lasts for an extended period of time and is characterized by low volatility and low trading volume. Traders usually monitor this phase to identify potential trends and support levels for the stock.
The bump phase of the bump-and-run pattern is the critical phase when traders look for signals of a trend reversal in the stock. This phase is characterized by a rapid rise in price, often triggered by a sudden increase in trading volume. The bump phase usually forms a steep rise in the stock price that resembles a parabolic curve. This phase is often the result of speculation, which can lead to an overvaluation of the share.
The run phase of the bump-and-run pattern occurs after the bump phase and is characterized by a decline in the stock price. In this phase, traders observe the behavior of the stock and look for potential support levels where the stock's price decline can be stopped. The Run phase is usually the result of the overvaluation that occurred during the Bump phase and represents a correction in the stock price.
One of the main characteristics of the bump-and-run pattern is the "bump" itself. The "bump" is a significant increase in the stock price that usually occurs quickly and unexpectedly. This sudden rise in price is often the result of speculation and can lead to overvaluation.
The bump-and-run pattern can occur in a variety of financial markets, including stock, commodity, and currency markets. Traders familiar with this pattern can apply it to a wide range of financial instruments to identify potential trading opportunities.
One of the challenges of trading the bump-and-run pattern is that it requires precise timing. Traders must be able to accurately identify the different phases of the pattern and determine the appropriate entry and exit points. This can be difficult because the pattern can change quickly and unexpectedly.
Overall, the bump-and-run pattern is a useful tool for traders who want to identify potential changes in a stock's trend. When traders understand the different phases of the pattern and their implications, they can make informed trading decisions and potentially profit from changes in the market.
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Hindustan Aeronautics will it go up and fly more 🤔Hey, do you like profit then your search is ending now
Today we are having
NSE: HAL
We have already seen that the chart is showing us weakness in the past few days but the bump and run patterns have occurred and now you could see a downside
What we have found by analyzing the chart
1. A Bump and Run has occurred
2. The Chart is making dojis and it can make a series of dojis and could be for this week
3. It has left the 20-day moving average way too far
4. Time frame :- 1 Day
5. Like the Post and Follow us on Trading view
Comment Below If You want to ask me questions on this on any other idea
Have a Nice Day to you all
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