Hi there, thank you so much for stopping by this analysis.
How did we get the zones and the levels?
1. We started with the daily time frame to check the trend. Bullish !
2. We came down to 4H time frame to mark the important levels or key zones.
3. We came down to 2H chart from were we can see a bullish red hammer pattern with a long down wick.
4. We came down to...
Cadila CMP 477. Movement from Bollinger band lower to upper end. Cadila is having tendency to move from lower end of bollinger band to upper band. It has done in past for for many occasions and is shown in boxes marked in graph. This time also it might repeat the same feat again and may reach 500++ targets soon. It has already started from lower end of the band...
YESTERDAY I SHARED AN IDEA WITH YOU OF CADILAHC.IT WAS A SYMMETRICAL TRIANGLE CHART PATTERN.TODAY IT BROKE OUT OF THE TRIANGLE AND GAVE A RALLY NEAR PERCENT.HOPE YOU ALL MADE PROFITABLE TRADES TODAY
FOLLOW FOR MORE IDEAS AND INFORMATION
NSE:CADILAHC IS FORMING A SYMMETRICAL TRIANGLE.WE CAN EXPECT A BREAKOUT FROM THE PATTERN.NORMAL RED LINES ARE LONG TERM S&R AND DOTTED RED LINES ARE SHORT TERM S&R.
CONSIDER THESE POINTS BEFORE ENTERING INTO TRADES;
WAIT FOR A PROPER CONFIRMATION BREAKOUT BY VOLUME AND MOMENTUM
SET STRICT STOPLOSSES OR ON PREVIOUS SWING AS PER YOUR RISK APPETITE
A RANGE BOUND MOVEMENT is a clear cut indication of consolidation followed by a breakout. A BIG BREAKOUT...........
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a...
CADILAHC has given a breakdown to it's short term trendline in 15mins. It has also formed a pattern at the top which is called HEAD & SHOULDER PATTERN. The bias for this trade is negative. It is a intraday trade which can give you easy profits. But always remember that market is unpredictable. Sometimes some trades go wrong even when you are 100% confident. So you...