Candlestickpattern
HDFC Bank - Ready to lead Bank Nifty again ?Stock has given bullish signs on Daily candle. Also taken support at long term Trendline today.
If stock breaks 1500 then go long with SL of 1460 and target of 1525, 1565 in coming days.
P.S. Trade in small quantity as per your Risk Management as its a risky bet considering recent volatility
Falling Wedge Reversal Pattern!The falling wedge pattern is characterized by a chart pattern which forms when the market makes lower lows and lower highs with a contracting range. When this pattern is found in a downward trend, it is considered a reversal pattern, as the contraction of the range indicates the downtrend is losing steam. Buy for 857 with stop loss close blow 600. A major registration is formed on 857. After it broke we will see a long boom in it.
Apollotyre | Sandwich Candlestick Pattern spotted 🎯 EDUCATIONAL POST
⭕ Positional Trading opportunity ! Weekly Chart Alert !!!⭕
--Buy above =244.20 or CMP
--Target = 293
--Stop-loss = 225
--R:R =2.65
--Expected Profit = (20% )
--Expected Holding = 1 Months only
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⭕Technical Reasons to trade or Strategy applied :- ⭕
1) stock has formed sandwich candlestick pattern
2) Volume is very high
3) stock has just crossed 200 ema
4) Target is based on resistance zone at all time high
5) there is a trendline support as well
Guys check out the related ideas as well, it will work really well GUARANTEED !
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Diamond Bottom Pattern Breakout ! Strong Trend Reversal PatternAB Capital has broken out big time after being a rank underperformer for years, see a runaway rally! Buy with a stop loss below 112 targets 152/200. A breakout of the diamond bottom pattern is seen on the chart. This is a strong reversal pattern.
HIGH AND LOW STRATEGYIN THIS VIDEO I HAVE SHOWN SOME IMPORTAND POINTS REGARDING HIGH AND LOW STRATEGY
-High / Low strategy: Key Points
-Understand the Direction of Market / Stock
-with previous Day candles High & Low
-Stock Selection: 2 to 7% work well with 52wk High/Low
-Mark Support and Resistance in a Day time
-Then check in 15 mins time frame frame
-Keep SL as days low just before the Breakout/Breakdown
-TGT can be Previous High or 52wk High and above (Use Support and Resistance)
Do's & Don't
-Preparation: After Day ends or Before Market Start in the morning
-Risk Reward Ratio: can be 1:1, 1:2 and if you are lucky then 1:3
-This Strategy works only after 10 AM and before 3:00PM
-Stick to the system for SL / TSL
-Breakout / Breakdown : Entry in the trade after Breakout / Breakdown next candle.
THIS ARE SOME SIMPLE AND IMPORTANT RULES OF USING THIS STRATEGY
WORK ON FOLLOWING PONTS WHICH I HAVE MENTIONED IN ABOVE AND TELL ME YOUR RESUTS IN THE COMMENTS BELOW ALSO DONTS FORGOT TO LIKE AND SUBSCRIBE THIS YOUTUBE CHANNEL AND ALSO SHARE THIS VIDEO WITH YOUR FRIENDS
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Nifty InstaView 04 Mar’21: One Day Stands Nifty View: Now this is getting difficult for short term traders as the benchmark Nifty index reacts sharply on the downside today after the recent sharp high-momentum rally. At the end, the index did manage to hold itself above the psychological 15K mark, but it’s the confidence in the underlying trend which is now heavily questionable. In these kind of high-volatile circumstances it is advisable to cut down ones trading bet sizes and trade less and wait out for the volatility to ease off and a proper trend (either up or down) to evolve. A look at the daily chart of Nifty index will suggest an “upside tasuki gap” kind of a pattern which brings in some hope of an upward rally. This can only be possible once today’s high of 15,235 is taken out. On the flip side a break below the low of 14,992 is sure to set in selling pressure.
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Trade Well. Trade Wise.