1) Strong weekly candle close at all time high with long term - multi year trend breakout. 2) Expect a bullish rally in upcoming weeks. 3) If it seems risky - wait for the retracement and the take an entry.
1) Strong weekly candle close. 2) Expect another 15 to 25% rally in upcoming weeks. 3) We can wait for the retracement next week and then take an entry If it seems to be risky.
Selling pressure created today... On top level found bearish Engulfing candle.. and fall superb.
NSE:BANKNIFTY If the 15 Mins candle closes above the parallel channel with some big move you can plan for a CE buying or you can short and buy PE
This stock up move complete 5 wave structure and start a decline wave structure a,b,c and retracment 38%
NIFTY on Daily Chart trend reversal doji candle seen at todays closing.. Trend reversal doji heikin ashi candle ..found when trend set either bullish or bearish ..and traders indecisive about current trend. last few days nifty corrected around 1000-1200 points from high 18400 now at 17100 bottom was made around 16800 that trend was confirm bearish but last 1-2...
there are some rules if you wanna buy for btst remember this stock should close near 380 and should make an hammer in 1 day chart and then we can see a good momentum in dlf after is breaks 385 tomorrow. there can an fantastic rally on the up side and we can see that trend reversal in the upcoming sessions, keep in watch list and buy it near the days end near about 3:15,
In my opinion it looks like BTC got a clear rejection from all the upper band of the channel. Maybe that we could go down again in the meantime? Zooming in we're clearly seeing that we got a rejection with the candle wick. Zooming in on the 15m en 1h we're seeing that a kind of rising wedge might be forming which could signal some more downward movement. In the...
Reliance in Daily TF has formed a master candle and the candles are perfectly consolidating between it..BO on either side with Good volume might provide a good move .....JUST A PROBABILITY
1. Reversal bullish hammer candle 2. Taken 50 EMA support. 3. Touched 0.5 fibo(didn't break) 4. RSI above 50
BANKNIFTY is following a trend line a good entry would be generated if market opens flat and closes a 5 min candle above the trend line
The inside candle formed on the daily chart 5% upside is possible
-Another entry possible- Following my previous post for a monthly breakout. -> The stock is forming a pattern again. -> Enter near the support or after the triangle pattern breakout. -> Targets as per my previous post but you also make a target as per this triangle pattern. All the best :)
Markets have been in a correction mode for 4 consecutive days and the probability of further downside is very high. This is a good strategy to use when the market is trending in either direction. Use small sizes in volatile markets to avoid losses.
This stock has been consolidating for the past few days and Have given a wonderful breakout with a Big green candle supported with Large volumes on a Daily chart. Suggestion would be to buy it on a dip somewhere around 211-213. Targets can be set Till 235. There are high chances that the stock might hit the target in a very short time.
CIPLA Looks Strong; Long at current Level RR 1:3 with price target of 7-10 days
Buy Nifty Target of 11195 with SL 11650 The boring candle shows support @ 11675 considering this we can go long for Nifty with target of 11195 for 1-2 week trade NSE:NIFTY