Nifty View: Benchmark Nifty faired relatively better in today’s session considering a weak opening with which it started the day’s trade. At a close of 17,710, the index managed to do two good things - one did not break below yesterday’s low and two, positive participation from sectors like METALS, PSU BANKS & PHARMA. The underlying trend stays UP and with...
risk: Reward ratio is 1: 2
Rest as per Charts
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Note -
One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
In both fmcg and Marico showing reversal CANDLE.watch 15 M candle which type of CANDLE is form and what happen in volume.gives good return in short term.
#wipro #INTRADAY
-Can short below 650 if a 15 min candle closes
- Profit booking in IT
- Bearish engulfing candle formed in daily charts
#investments #StockMarketindia #trading #priceaction
PVR | Breakout with gap up and retesting the level - Potential for 30%
CMP : 1590
SL : 1490
Target : 2060
1:4+ risk reward setup - High volatile stock - Handle with care
Venkeys formed bullish kicker candle on above average volumes, right on the lower parallel line of the pitchfork and looks set to breakout above the recent consolidation range.
Stock is above 150 & 200 SMA ✅
MACD and RSI are A-ok ✅
CMP 3060. My Short term target 3780 (or maybe i'll trail until it hits the median (center) line depending on the strength shown) SL...
#CNXREALTY #nifty50
- Strong weekly closing candle, next resistance 517-520 level
- Either take enter after next resistance break or wait for retest to 450-460 zone
- Realty is booming, buy n dips
#StockMarketindia #investments
We can clearly see cup and handle pattern formed in DABUR. also it breakout today. & looking bullish for positional target.
CMP : 589.75
Positive points:
Breakout:
Cup & handle pattern is well known for a positive side breakout.
Today it Breakout & closed above the resistance line.
Volume:
Breakout volume is greater than the moving average of volume...
IGL is clearly seen respecting its support line in the past.
This can be a good risk reward ratio entry, wait for formation of any bullish candlestick pattern on support line like morning star, bullish harami, bullish engulfing , hammer etc.
After completion of pattern long trade can be taken here.
Note : If support trend line breaks downside, avoid taking trade...
![BAJAJ_AUTO: [POSITIONAL] BAJAJ_AUTO LONG BET](https://s3.tradingview.com/g/GYipk80V_mid.png "[POSITIONAL] BAJAJ_AUTO LONG BET")
