UPL respects its uptrend !UPL Has formed a beautiful double bottom pattern with its first support off the 200 EMA and second off the long term trendline.
UPL has given a double confluence
1. Rejection candle and respect of the long
term trendline
2. Golden Cross( Crossing of 50EMA and 200EMA)
A long position can be taken on break
of the resistance zone
Risk To Reward of 1:2 or a more riskier approach would be if trendline is broken.
Keep It Simple
Buysignal
CUBExcellent Breakout of Flag on Daily time frame.
Flag pattern breakout is visible.
Confirmation is done today with BO.
Can be Good swing trade from here Risk to reward ration is excellent here.
As my personal best is Flag pattern.
Levels are as below.
Buy -163-164
Stop loss - 160
Targets - small 166/173
holding - 175/185
Disclaimer I'm already in trade.
@vivek_mashrani
@Shorting @Equities @forextidings @BUY @tradingview_ @ShortS_ @Tredingview
Swing opportunity | Godrej property | LongGODREJPROP is reaching to its immediate resistance and likely to break it so we can expect a decent upside move . Now why I am expecting break out in upside :
1) US market is short term over sold and any short covering will turn FII mood positive in Indian real estate stocks where GODREJPROP is the market leader.
2) Monthly expiry : If stock started travelling above 1340 huge short covering will trigger in call options that will help spot price to run towards 1400 levels.
3)From last 3 years there was positive reversal has been seen in the stock at the end of august series.
Trading with the Buy Sell Signal Indicator with More accuracy Using Indicators to Display Buy and Sell Signals It's difficult to tell which ones to trade and which ones to avoid on the chart, so this is my idea of how I traded with this indicator when I was new to trading. I hope you enjoy it.
Plot two indicators : (1) Buy Sell Indicator (2) Option Volume Indicator (it consists of average RSI and it has already included a lot of confirmation) / You can use your own indicator as well.
Strategy :
- Go for this signal with STOPLOSS nearest Swing and target minimum to 1: 2 once the Pivot UP arrow appears on the chart and the volume indicator is showing faint aqua color, and vice versa for the Short signal (Faint Red volume). Never trade if the volume is showing Black Candles in Option Volume Indicator . or
- Whenever Signal Appears on chart wait for next candle to break the high/Low of signal candle
- Small traders can use the candle's low as a stop loss.
Don't Break Rules :
- If signals appear on the chart, the volume indicator is showing a faint color, and the subsequent volume candle is dark, close the trade in your favor.
- Avoid trading every signal as doing so will result in the loss of your capital; instead, wait for the right opportunity.
- Once you are in profit, you should always trail Stoploss rather than book because it always increases your profit.
I hope you enjoy trading with my signals. Message me with any questions, and I'll do my best to answer them. & Back Test it
I THINK GOLD HAS SOMETHING INTERESTING GOING ONTVC:GOLD
GOLD is making a classic entry for a good upside
I have drawn the whole perspective I think is the best possibility right now
I am buying gold with the SL of breaking the trendline drawn on the bottom which I think it will retest once
plz trade according to your knowledge and understanding, don't follow anyone blindly
ZYDUSLIFE T3 Updated !!NSE:ZYDUSLIFE
#NSE:ZYDUSLIFE T3 Updated, shared @ 367 and now reached T2 @ 399 which is exactly 9% from the level.
400 CE given @ 1.7 and now trading @ 8.25 means bagged 12k/Lot.
Now stock trading in supply zone and chances to retrace immediately or from T3.
Don’t forget to trail your profits.
Found any bullish signal on nifty ? Well I did!!NSE:NIFTY has shown a rangebound consolidation in last 5 months of trading sessions. But this week, the candle moved from lower to upper range of bollinger band. In addition to it, many global factors are favouring the market sentiments which include:
- The stability in crude and steel prices.
- A healthy correction after bull run of around 2 years.
- Increase in overall demand and consumption of energy resources.
- Inflation control.
- Gradual FII buying hinted in several sectors.
- The rise in bank rates.
-- The only considerable negative factors as of now is breaking rupee (dollar index) and global cues.
The idea shared is for educational purpose only.
MMFL Resistance BONSE:MMFL
#NSE:MMFL Given 2yrs Long Resistance BO. Chances to get a small pull back and bounce.
Marked the levels on chart.
Already shared the same stock @ 669 entry in Feb'22 and those who taken entry are enjoying profits.
New level might be the good choice in trending market and all dips are good opportunities to average if any.
Happy LEarning !!