Chart patterns
AXIS BANK & DMART Analysis and trading setup |hindiHi guys this is Trader Kanishk
this is the Analysis for DMART & AXIS BANK
Points discussed in the video:
Why to go long
has it taken support
trendline breakout
new support levels
new targets
new stoploss levels
entry levels for sharp entry
and many more.
Please
Watch the entire video and
GO for It
DISCLAIMER
Every thing i have discussed in this video is only for educational purpose, do not consider this as a tip, or i am not saying you to buy or sell the stocks. This is all upto you. I am only sharing my analysis and views up to you. Trading is risky, so manage your risk reward before getting enter into any position.
One more very important thing
Guys let me tell you that i am a trader and a trader have a winning probability of 50-65% no any trader is there who have a winning ratio of 100% . Who says you that i am having a 100% winning strategy then F**k these type of people and try to be correct only 50 - 60 % of time which will give you a lot of money if you properly follow the risk reward ratio .
INDIGO Analysis Get ready for long target with Small stop lossHii this is trader kanishk.
In this video am told you to hold a long position in INDIGO Future.
The whole technical analysis has been shared in this video.
watch this video till end.
and be ready for a longer profit and a short stoploss.
thank you
any query ? msg me . Follow me if you like it.
Infy ShortEducational Purpose only!
Hello Friends,
On daily time frame yesterday nifty opened big gap up and formed inverted hammer. To digest that big momentum it has to go sideways so this is good oppourtunity for option traders, simply sell a infy 960 CE and wait for some days you will get theta value.
Nifty - The Culmination Point -Part 2Disclaimer
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Trading Strategy
Plan A
Holding above 11890 – 11910 zone – Expect upside short term push to 11950-11980.
Plan B
Sell in 11950-11980 ( No Trades if crosses above 12000 mark) for target 11900 / 11840-11850 / 11690-11715
Plan C
Sell only below 11690-11715 for 11490-11510 zone
Plan D
Sell below 11490 for 11080-11100 & Below 11080 for 10750-10800 zone
India Nifty -Bull Traffic -Can it be a Grinding Halt ! at 11715Disclaimer
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Trading Strategy
Plan A
Bullish Harmonic Bat Pattern - Buy Above 11575 for 11630-11640 & Above 11640 for 11665-11675
Plan B
Sell close to the tops between 11665-11680 with strict stops above 11695-11700 - Downside Target - 11550-11575 / Below 11530-11550 ( It should hold below 11530) for 11445-11465 target zone & lower 11080-11100 zone next below 11400
Plan C
Sell gets extended below 11550 for targets mentioned in "Plan-B" above
Plan D
Buy above 11715 if crosses 11695 as bullish criteria else be careful.
Thanks for watching the video & support.
Nifty - Budget 2019 -H & S-Pattern Failure at 11625
What is a trendline
A trendline is a straight line that connects two or more price points. Extending this line into the future, it also acts as a line of support or resistance. There are two types of trendlines—the up trend and the down trend.
Trendline Rule
The general rule in technical analysis is that it takes two points to draw a trend line and the third point confirms the validity.
Trendline can be a neckline / support line as explained in the Head & Shoulder pattern in current scenario.
Trading Strategy
Plan A
Sell below 11930 with strict stops above 11975 for targets
11875-11890
Below 11875 – 11830-11845
Plan B
Buy in the zone 11830-11845 with strict stops below 11800 for targets
11950-11975
Above 11975 – 12000-12050
Above 12050 – 12100-12125
Plan C
Sell below 11775 with strict stops above 11815 for targets
11700-11625/11650
Below 11625 – 11500/11525
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Previous Ideas
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29th April 2019 - How will you sell - X-wave mission
15th May 2019 - We got Gartley M
11th June 2019 - Head & Shoulder with Right Shoulder at 12000
Auropharma - Price is Immortal - 675Hello All,
Price is Immortal
Reason for picking the shlok from BG 2.20 was to make you understand that soul(price) is the ultimate reality as
"Bodies have limited journey whereas Soul has endless journey"
Sharing an important piece from my future assignment based on my favourite stock - Auropharma. Do check the profile page (search box) & connect yourself with all ideas which have been published since 2016 for this stock – Auropharma.
26th Oct 2018
Turning upside above 720 highs after making lows@708.50
10th Sep 2018
Selling at the top@815 - Magic of Harmonic Pattern- Wave Starts at 828 Highs
Axis Bank - 570 - 500 - 570? - Ending Diagonal /Flicker Book Axis Motion Pictures Presents ----------------------- "Ending Diagonal " ----------------------------------------
8th Feb 2018
Last Traded Price@555.50
Current Price @556 ---Axis Bank Intraday looking for a bounce between 562 -565 -gets resistance if holds in the range expect a fall to 535-540
14th Feb 2018
Holding 565 -568 zone (8 points away from 577 - double top our stop loss) falls from 565 to 551 - What a fall
15th Feb 2018
Touches the zone 530-535 - Making Day low@531.35 & What a bouce to 555 -Superb!!!
19th Feb 2018
Last Price@532 - Retest of bottoms in 528-529 can be possible before we see a bounce higher for the day
As expected -retested previous low of 528 - Makes double bottom@128-129 zone - expecting bounce from the zone 128-129
Pushed upside from 528-529 to 541 - faced resistance
23rd Feb 2018
Slipped below 528-531 struggle zone - Taking reverse gear for big upside next above 531-533 zone
Got the initial push from 525 to 535 - we will still wait to see if this is the larger advance & to hold that view -it should not fall below 530-531 zone
26th Feb 2018
Awesome - Touched 548.80 high for the day as expected in 545-548 at 09:50 Hrs earlier in the day.
Above 550 - Extended to 555 as expected zone 555-557 - Looking for resistance can give us downside /move
28th Feb 2018
Last Price@531 - As expected Axis falls from 541.50 to 528 lows for the day. Holding 528-530 zone - shall be looking for a push upside 545-548 completing the triangle below 577 -double tops.
Triangle Idea failed as slipped to new lows@520's
1st March 2018
Last Price@524 -Looking higher against 520 lows for 535 - 545-548
6th March 2018
Coming back after holidays- global market had comeback bounce - as expected Axis to jump got initial move to 530-531 from 524 lows holding above 520 lows - we book partial profits & wait outside to join next above 532 or in the zone 522-524
Awesome !!! - Axis slipped from morning highs of 530-531 to 522 .50 lows - we expected zone of 522-524 as update last to join for upside push. In the long side from the day low.
Booking Partial Profit in 526-527 - went long at day's low @522-523 - Axis looks to be struggling below 530 levels so we will wait outside
15:11 Hrs 6th March 2018
Bank Nifty cracks 300 points from opening high & Nifty cracks from 10440's to 10250's - What an exit in Axis at 526-527 - Makes new low@516.30 - Looking for a push upside holding 516.50 lows - risky call with strict stops day low
--------------Story continues -- 44th Day-----------
23rd March 2018
Ending Diagonal could finish @496.80 & we look for big upside in coming days & open for target of 570-577 which should be done if the identified wedge is completed & we wait for the big excitement in coming days.
5th April 2018
SGX Nifty Up 155 points - Has the day arrived for Axis Bank from 492 lows- Accumulation Zone expected on 4th April 2018
Granuels-Cracks 141 to 107- Feel the Magic -Going A Step HigherCurrent Structure
Look out for a move above 115 - 125 from the lows@107- 6th March2018 -later for push towards 140-150 - Any move above 150 and 159 shall take the stock to uncharted territory. Enjoy & Good Luck.
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Last Published Idea
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