LONG SIDE TRADE
CUP&HANDLE pattern brekout in 4h tf with high volume.
Risk adverser can wait for retest and risk taker can initiate the trade with buy above the high.
It is ICING ON THE CAKE if it comes to 133.5.
GOLD Buy Trade opportunity
GOLD Recently breakout the trendline support with strong Bullish and made a very nice Head and Shoulder Pattern its a very good opportunity to take a long trade with good risk reward
Asian paints have completed three red crowd patterns and started small corrections.
Asian paints strong support is 3052. and I think if the market breaks support it can go up to 2936.
If the support is not broken, the market will move to the 3150 level.
T1= 3150 ( if the market will not break support )
T1=2936 ( if the market will break support)
Coal India Announced 1st Interim Dividend for the financial year 2022-23 Rs. 15.00/- per share of the face value of Rs 10/- as recommended by the Audit Committee of CIL at its meeting held on date.
Company has fixed Wednesday, 16th Nov’ 2022 as the “Record Date” .
Stock is expected to move uptrend due to dividend announcement.
Above 254 Target 258 / 262 / 266 /...
If we talk about Dawat Limited, the market is seen in an up trend and there is a good movement on the upward side as buyers come into it.
A channel provides support and resistance and creates higher highs and higher lows.
A dark cloud cover pattern is seen and then the market moves to the downside.
A level of 108 represents strong support and a level of 134 ...
Time frame - Weekly Time frame
Pattern Flag and Pole Pattern
Study - Long range breakout with good volume
Other things mentioned in chart
This chart is only for educational purpose, do your own research before taking any trade
Here are few observations on Nifty that I would like to share with you.
✅ Tools Used
>> Bollinger Band (BB) (20,2)
>> RSI (14)
>> Candlesticks Chart (Daily)
✅ Reversal Trade Setup Criteria
>> Price outside the BB for the second time with a higher high (HH) or lower low (LL) formation
>> While price is outside BB for the second time, there is...