Potential Good setup in LUPIN - 4 to 8% 👑 Terms used if you don't know :
✣ Contraction pattern: A pattern starting with a broadening high candlestick and low candlestick and converging to a fixed point, these highs and lows created in between them are bulls vs bears fight going on inside the pattern and if it comes to the lower part of it, surely bulls will take it to the topmost point and vice-versa until one of them wins
✣ Structure and trend: Two types of trends that exist in the market today are uptrends and downtrends. Each type of trend tells a different story and has its own impact on a trader's success in the market. While uptrends show a series of higher highs and higher lows, downtrends show lower highs and lower lows
✣Breakout: Breakouts are commonly associated with ranges or other chart patterns, including triangles( HERE WE WILL SEE THIS ONE ), flags, wedges , and head-and-shoulders. These patterns are formed when the price moves in a specific way which results in well-defined support and/or resistance levels. Traders then watch these levels for breakouts
✣ RSI DIVERGENCE: A bullish divergence occurs when the RSI creates an oversold reading followed by a higher low that matches correspondingly lower lows in the price. This indicates rising bullish momentum, and a break above oversold territory could be used to trigger a new long position.
✣ Supply/ Demand: In the supply zone , the prices are higher than the bid price, and in the demand zone , they are lower. The bid price is what a trader is willing to pay for a stock
👑 Important levels - explained well
👑 Comment your thoughts and queries regarding anything on this analysis of mine, feel free buddy :)
⌛ Motivational and psychological area ⌛
✣Trade only if you are in the right mindset, if you have been emotionally weak for some time, take your time and don't trade, trade with a happy and + mindset only.
✣If you want to make money, firstly be prepared to lose it, only that much which you can afford and that much by which you can make a mistake again, learn from them and grow
✣Don't lose hope and keep grinding
✣I have seen my friends on youtube streaming games with watching 10, constantly they streamed for a year or two and now they are buzzing with 1k to 2k watching daily.
✣Focus on the process, you are here to make money not stupid decisions and lose it all
✣No one will help you climb the mountain, few will tell the path, so follow good people, make good mentors and make good decisions and choices in the stock market.
✣Believe in yourself :)
🎓🎓 Some info about me :)
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼I don't take all the trades I post
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
☃☃☃☃ Thank You Have a Nice Trading Day ☃☃☃☃
Candlestickpattern
BANK NIFTY ANALYSIS FOR 13-07-202135225
Do not trade in between 35225 - 34980 .
Buy Above 35225 for the Targets marked on Chart
Sell below 34980 for the Targets marked on Chart
Make entries only when the price action is suitable respecting to the trendline
Take Entries when Market sustains above / below our levels
Avoid entries , if there is a Huge Gap Up / Gap Down
Take Entries as per Price Action
** Only for Educational Purposes
( As you all can see our daily Analysis , Bank Nifty is respecting all our analysis with treadlines and Support & Resistance Lines )
PLEASE DO LIKE , COMMENT OUR POSTS .
10 Star analysis on NBCC - 10% possible move 👑 Terms used if you don't know :
✣ Contraction pattern: A pattern starting with a broadening high candlestick and low candlestick and converging to a fixed point, these highs and lows created in between them are bulls vs bears fight going on inside the pattern and if it comes to the lower part of it, surely bulls will take it to the topmost point and vice-versa until one of them wins
✣ Structure and trend: Two types of trends that exist in the market today are uptrends and downtrends. Each type of trend tells a different story and has its own impact on a trader's success in the market. While uptrends show a series of higher highs and higher lows, downtrends show lower highs and lower lows
✣Breakout: Breakouts are commonly associated with ranges or other chart patterns, including triangles( HERE WE WILL SEE THIS ONE ), flags, wedges, and head-and-shoulders. These patterns are formed when the price moves in a specific way which results in well-defined support and/or resistance levels. Traders then watch these levels for breakouts
✣ RSI DIVERGENCE: A bullish divergence occurs when the RSI creates an oversold reading followed by a higher low that matches correspondingly lower lows in the price. This indicates rising bullish momentum, and a break above oversold territory could be used to trigger a new long position.
✣ Supply/ Demand: In the supply zone, the prices are higher than the bid price, and in the demand zone, they are lower. The bid price is what a trader is willing to pay for a stock
👑 Important levels - explained well
👑 Comment your thoughts and queries regarding anything on this analysis of mine, feel free buddy :)
⌛ Motivational and psychological area ⌛
✣Trade only if you are in the right mindset, if you have been emotionally weak for some time, take your time and don't trade, trade with a happy and + mindset only.
✣If you want to make money, firstly be prepared to lose it, only that much which you can afford and that much by which you can make a mistake again, learn from them and grow
✣Don't lose hope and keep grinding
✣I have seen my friends on youtube streaming games with watching 10, constantly they streamed for a year or two and now they are buzzing with 1k to 2k watching daily.
✣Focus on the process, you are here to make money not stupid decisions and lose it all
✣No one will help you climb the mountain, few will tell the path, so follow good people, make good mentors and make good decisions and choices in the stock market.
✣Believe in yourself :)
🎓🎓 Some info about me :)
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼I don't take all the trades I post
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
☃☃☃☃ Thank You Have a Nice Trading Day ☃☃☃☃
TATA STEEL BSL for BUYBuy Above 93.25
Targets :- 100 , 106
SL @ 86.20
** Only for Educational Purposes
PLEASE DO LIKE , COMMENT OUR POSTS .
Nifty: Will history repeat itself?Nifty
Closing Price 15689
- It was on June 01, 2021, when Nifty had touched the channel top at 15660
- Come July 09, Nifty is back to the same levels, however this time it is at lower end of the same channel
So after a month and 9 days basically, Nifty has been running around just to realize that it still at the same place...🤦♂️😒
- Nifty was in the red yesterday and today it has formed a perfect doji at important channel support levels
- Similar doji candle was observed last Friday, where the lows and closing levels are similar
- Will history repeat itself...Will we see a similar reaction...???
- Monday should be an interesting day of trade
I see ESTER giving 10% upside - See the full video👑 Drop a follow here: @Averoy_Apoorv_Analysis 👑 ----------------------- 🔥🔥 Target: 2000 Followers 🔥🔥
🔥 Strategy :
✣ Simple: On the D chart supply is now your demand zone
✣ Bullish pattern consolidation at the same levels with a good Risk to reward ratio is generated here too
✣ Where to trade, which TF to use, and how much to risk is told inside the video do see the full video :)
⌛ Motivational and psychological area ⌛
✣Trade only if you are in the right mindset, if you have been emotionally weak for some time, take your time and don't trade, trade with a happy and + mindset only.
✣If you want to make money, firstly be prepared to lose it, only that much which you can afford and that much by which you can make a mistake again, learn from them and grow
✣Don't lose hope and keep grinding
✣I have seen my friends on youtube streaming games with watching 10, constantly they streamed for a year or two and now they are buzzing with 1k to 2k watching daily.
✣Focus on the process, you are here to make money not stupid decisions, and lose it all
✣No one will help you climb the mountain, few will tell the path, so follow good people, make good mentors and make good decisions and choices in the stock market.
✣Believe in yourself :)
🎓🎓 Some info about me :)
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼I don't take all the trades I post
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
☃☃☃☃ Thank You Have a Nice Trading Day ☃☃☃☃
BANK NIFTY ANALYSIS FOR 05-07-2021Do not trade in between 35085 - 34630.
Buy Above 35085 for the Targets marked on Chart
Sell below 34630 for the Targets marked on Chart
Make entries only when the price action is suitable respecting to the trendline
Take Entries when Market sustains above / below our levels
Avoid entries , if there is a Huge Gap Up / Gap Down
Take Entries as per Price Action
** Only for Educational Purposes
( As you all can see our daily Analysis , Bank Nifty is respecting all our analysis with treadlines and Support & Resistance Lines )
PLEASE DO LIKE , COMMENT OUR POSTS .
Candle Pattern Formation In BHEL , Possible Reversal !The daily candy chart of BHEL shows a Bullish Harami candle formation near a support / demand zone . The yellow highlighted box has three candles , the small green candle or the child candle after the first red candle is the bullish harami candle. There has to be a continuous downtrend in the stock and then a small green candle within the previous red candle, makes the sellers nervous and then we may see a reversal and up move after the bullish harami candle. The buyers come back into action once they see a bullish harami post a downtrend. The bullish haram in BHEL has formed near a crucial support or demand zone , this gives a double confirmation of a possible up move and we see on today's daily chart that price has moved up confirming the reversal !
Nifty: Bullish Harami Candlestick pattern observed near SupportNifty
In morning post, the importance of 20 day EMA at 15677 and 61.8% retracement around 15628 was discussed and so was the level of 15735
Nifty respected all the levels very well ( 20 day EMA on closing basis, 61.8% retracement on intraday low basis and 15738 was the high for the day)😊
- Today's closing also reflects a Bullish Harami candlestick pattern which opens up doors for some upside move
(initial targets on Nifty 15804 / 15840 and further upside if closing is above 15865)
___________________________________________________________________________________________
Our strategy update
Had suggested to consider selling 15 July expiry 15700 Put option when it was trading around 120.
Closing price 100
Profit of 20 points so far per lot (this profit is despite Nifty being 111 points lower from levels when the trade was initiated)
This is where trading strategies come in handy. It may not give exorbitant profits per trade but it surely helps in better risk management and thereby increase your probability of more winning trades.
____________________________________________________________________________________________
Like & Follow for more such ideas
But don't just follow me blindly
Learn to identify such opportunities independently
_____________________________________________________________________________________________
Best wishes
Vaibhav Deshpande
Grab 5% in AUROPHARMA with your setup and my logic 👑 Drop a follow here: @Averoy_Apoorv_Analysis 👑 ----------------------- 🔥🔥 Target: 1000 Followers 🔥🔥
📌 Strategy: Beautiful and long consolidations like this are not only amazing but also tells the story of a mover in making.
🗝 Pattern here is a bullish flag pattern that too above an important level
🗝 The chart here is of the Daily time frame and breakout done at 1hr
🗝 Breakout gave on 1hr possible entry :)
🗝 The risk would be candles low ( daily candles low) - 951 and Target number one should be 1050 and wait for more :)
🗝Enter with small capital only that will not give you the pain to watch it every other second :) = #peacefulltrading
🗝 The nature of the trade would be to swing trade
⚠ IMPORTANT POINT: Firstly do your analysis then only think of this trade and set the risk first, only that amount that you are willing to lose and will not get affected even if you lose it and also that amount if you lose it you won't curse me if the analysis flops hahaha just kidding, jokes apart, be patient to capture the movement and be impatient to get out if its a losing one and SL is triggered, don't put tight SL rather use less capital
⌛ Motivational and psychological area ⌛
✣Trade only if you are in the right mindset, if you have been emotionally weak for some time, take your time and don't trade, trade with a happy and + mindset only.
✣If you want to make money, firstly be prepared to lose it, only that much which you can afford and that much by which you can make a mistake again, learn from them and grow
✣Don't lose hope and keep grinding
✣I have seen my friends on youtube streaming games with watching 10, constantly they streamed for a year or two and now they are buzzing with 1k to 2k watching daily.
✣Focus on the process, you are here to make money not stupid decisions, and lose it all
✣No one will help you climb the mountain, few will tell the path, so follow good people, make good mentors and make good decisions and choices in the stock market.
✣Believe in yourself :)
🎓🎓 Some info about me :)
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼I don't take all the trades I post
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
☃☃☃☃ Thank You Have a Nice Trading Day ☃☃☃☃
7% is going nowhere if you enter good - SYNGENE - Read Details👑 Drop a follow here: @Averoy_Apoorv_Analysis 👑 ----------------------- 🔥🔥 Target: 1000 Followers 🔥🔥
📌 Strategy: Beautiful and long consolidations like this are not only amazing but also tells the story of a mover in making.
🗝 Pattern here is a symmetrical triangle - meaning bulls and bears have the same amount of power until the day of breakout or breakdown
🗝 The chart here is of Daily time frame
🗝 As of now, the chart hasn't given a breakout so you need to add it to the watchlist only and wait for the stock to break the yellow line with power and close on the Daily Time frame
🗝 The risk would be candles low ( daily candles low)
🗝Enter with small capital only that will not give you the pain to watch it every other second :) = #peacefulltrading
🗝 The nature of the trade would be to swing trade
⚠ IMPORTANT POINT: Firstly do your analysis then only think of this trade and set the risk first, only that amount that you are willing to lose and will not get affected even if you lose it and also that amount if you lose it you won't curse me if the analysis flops hahaha just kidding, jokes apart, be patient to capture the movement and be impatient to get out if its a losing one and SL is triggered, don't put tight SL rather use less capital
⌛ Motivational and psychological area ⌛
✣Trade only if you are in the right mindset, if you have been emotionally weak for some time, take your time and don't trade, trade with a happy and + mindset only.
✣If you want to make money, firstly be prepared to lose it, only that much which you can afford and that much by which you can make a mistake again, learn from them and grow
✣Don't lose hope and keep grinding
✣I have seen my friends on youtube streaming games with watching 10, constantly they streamed for a year or two and now they are buzzing with 1k to 2k watching daily.
✣Focus on the process, you are here to make money not stupid decisions, and lose it all
✣No one will help you climb the mountain, few will tell the path, so follow good people, make good mentors and make good decisions and choices in the stock market.
✣Believe in yourself :)
🎓🎓 Some info about me :)
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼I don't take all the trades I post
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
☃☃☃☃ Thank You Have a Nice Trading Day ☃☃☃☃
DLF analysis for Weekend Chart clearly showing downtrend and forming
short formed M pattern.If market gap up opens
tomorrow then there are chances of uptrend and
it back-test the trend-line.
*For Uptrend*
Buying Position must be @ Point A
which is 282-283 for the
target of 288- 289.3
SL of 278.3
If market open downward then the entry
point must be @ X which is around 279-279.5
with the target of 275-271.8
SL of 283.
.
.
.
This is my personal Opinion about DLF .
Take it as educational purpose. I am not SEBI registered or any Stock market expert.
I am not responsible for PROFIT or LOSS
Mentorship InstaView 28 June’21: Dark Clouds
Nifty View: Benchmark Nifty index opens strong to hit a new life in today’s session. The close however was disappointing - slipped significantly from its intraday high of 15,930 to post a close at 15,854. Under Japanese Candlestick parlance, the last two days price behaviour is termed as a “Dark Cloud Cover”. Yes, the name is a bit depressing especially for those who prefer sunshine. This pattern suggests follow-through price weakness, for which I suggest we should at least wait for the index to slip below today’s low of 15,825. And in such a case, there lies a possibility of a test of the recent 3-day lows that is around (15,650-15,700). There is no particular reason to be bearish as the underlying trends are UP and resilient. I sense that the index will probably consolidate with positive momentum continuing within few specific stocks. Maintain a bullish bias until we have a trend reversal.
Thank you for following my work and please feel free to share your thoughts and suggestions.
Trade Well. Trade Wise.
TCS Analysis for LONGTake Entries above 3401.70
SL @ 3345 - 3347
Targets are mentioned on Chart with the Risk Reward of 1:6.8
Trail your Stop Loss
Make entries only when the price action is suitable respecting to the trendline
Take Entries when Market sustains above our levels
Take Entries as per Price Action
** Only for Educational Purposes
PLEASE DO LIKE , COMMENT OUR POSTS .
How to take trade based on Doji - CandelStick formation Hello Everyone,
I have tried my by best to expalin, How to take trade based on Doji - CandelStick formation in BankNifty.
If still you are not clear, put your queries into comment section.
This is not Buy and Sell recommendation to any one.
This is for education purpose and a helping hand to learn trading in Market.
I hope you all like my analysis.
Please do share your thoughts into comment section.
Please hit the Follow button to get the regular analysis.
Please give a like, it motivates me to do analysis and do share with your friends as well.
RSI Divergence in SGX NiftyThe charts clearly shows short term bearish RSI divergence coming in the way of a Rising Wedge pattern on the Daily charts of SGX Nifty.
Last week Friday ended up forming a Spinning Top in SGX Futures while Spot formed a Grave Stone Doji.
These are early waring signals that we may witness a downside as the market finds immense pressure at the moment to continue its upside.
Breakdown awaited.