Cup & Handle Breakout Setup RSI near 60 Trading above EMA50 Volume accumulation Near 17 months of consolidation Testing ATH Keep in your watchlist Disc: for study, not a recommendation
While the chart suggests a bullish outlook with a potential target of 2467 USD, the presence of a bearish pin bar on the closing 4-hour candle indicates caution. This pattern can lead to bearish movement or consolidation. Traders should watch for confirmation of the breakout and monitor key support and resistance levels to gauge the next move.
I think nifty will start downtrend from coming week . It may be due to election time nearby Disclaimer I am a learner and don't take trade on my view. It is just my view
A rectangle pattern breakout happens when the price breaks above the upper horizontal line of the rectangle, indicating a potential upward movement. Traders often consider this breakout as a signal to enter a long (buy) trade. Breakout Strategy: Enter a trade when the price breaks above the upper line of the rectangle pattern. Place a stop loss below the lower...
As we discussed, NIFTY has a bullish structure as it was tested on a disaster management system. That is exactly what happened today. The market had a huge volatility of 500 points in 10 min. There was no order flow; it was like a pump-and-dump scam. What is SEBI doing regarding these spikes? Let's see for tomorrow's setup- If we look at the chart now: The...
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
As we discussed Banknifty sideways or Bullish; it ended-up sideways with high volatility on upper side. If we look at the chart: The market is trading at support (Price action + 200 EMA support) right now. the important levels for tomorrow are 200 EMA, 48000, 47400 will be working as very good support. while 48445, and 49125 will be working as nice resistance. ...
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
On analyzing the price structure on the daily chart. It has been observed, that after reaching a peak of nearly $12 on March 10, 2024, it suffered a drastic drop of nearly 65% to a bottom of $3.80 on April 13. It rapidly changed direction, causing the daily chart candle causing to close at a price of $4.45. From that time, an upward channel was in play. It could...
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
Last week we predicted that Gold can touch 2333$ on lower side. It actually touched 2332$ on lower side. We also predicted that Our #Gold Range Prediction from 20/05/2024 to 24/05/2024 is as under. Gold Spot : 2366$-2481$ Gold INR 728000- 74500 If break 73800 next move Upside If not break 73800 can bounce back Alerts ⚠️ Trade with stop loss It must be...
ZensarTech - Beautifully set horizontal line - Strong Breakout last month after earnings - Trading inside earnings candle - Pocket pivot volume candle on weekly
Bectorsfood - 6 months long base - Strong volumes breakout last month followed by Dry volume in last 3 weeks - Accumulation in process - ENtry can be triggered above 1320 lvl with swing low /5-6& as SL