SIYSIL Analysis | On demand of a follower :) ⭐A breakout on Month can be seen clearly if it sustains on these levels for Monday too :)
⭐Dynamic supports from 50 dema is been taken multiple times (once broken with a power candle = gap up next day above it )
⭐My calculated speculation is: a **close** above today's red candle with volume more than normal on 15min = a breakout from the pattern :), the risk gets minimal as u will exit the trade if it comes back to the triangle, then chances of manipulation increases and rewards = well if it sustains these lvls for the month than for upcoming days it might touch 362 lvls too, the time cant be predicated :)
⭐If someone takes the trade do see the Rsi too, if a close above the prev high takes place with RSI above 70 then trade will go smooth as a higher high on price with higher RSI will be made ( be careful with RSI divergence in such trades )
Consolidation-breakout
Intraday Bank nifty setup | 28-05-2021 bank is bullish and taking supports from 200dema and 50dema multiple times now :)
Accumulated on such lvls = what we need now ?
We need a break of fibo pivot lvl and today's high too in order for our trade to be activated here
1st pivot can be taken as 1st target :)
If it doesn't break and closes above today's high = leave the trade :)
This would have been my setup and thinking
NOTE: I don't trade in bank nifty bcoz i have a capital less than 10 Lakhs and my thought process is not risking so much in options or futures for now at least :)
NOTE: This is my work and thought process , no call :)
( I love to trade and work on setups so I did :)
Grasim | Plan and Logic🔰 Hello my friends, here is the story I see behind this stock:
⭐It's trading on all-time highs, the best thing is it has broken its Monthly resistance and now trading on it making a bullish ascending pattern
= a really bullish sign :)
⭐A break from trendline = SL and but don't go short :)
⭐Pattern: ascending triangle
🔰Am I taking this trade: No---Reason: Already in the trades of Naukri and PPL as posted last time :)
🔰 {Some info}
➼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 :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
<<<<<>>>>>
Coal India | Huge breakout coming | See description for details🔰 Hello my friends, here is the story I see behind this stock:
⭐Fibo: On 0.3 healthy retracement
⭐Pattern: Flag and pole :)
⭐Volumes: Are ok if u see a jump in volume in 1hr that's a bonus
⭐Hold if it closes above the pink line on the D chart that would be a huge breakout :)
⭐Closing above 160 will give huge upside, the pattern will be updated with lvls then
⭐Trade will be activated on 1hr itself
⭐Risk: closing below 140 on 1hr = SL and Target = Well winners don't put targets :)
🔰Am I taking this trade: No---Reason: Already in the trades of Naukri and PPL as posted last time :)
🔰 {Some info}
➼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 :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
<<<<<>>>>>
SYNGENE | Read description for all details :)🔰 Hello my friends, here is the story I see behind this stock:
⭐Fibo: Retraced 50% in the near term swing high and swing low = bullish sign
⭐It's a triangle pattern here also if u see it carefully its kind of A big cup and handle type too :)
⭐Volumes: Today's volumes on 1hr are huge too
⭐Trade is possible only if it closes near the 610-620 LVL range :)
⭐Making higher highs and higher lows on 1hr too before this possible breakout
⭐Risk : Todays low ---- Target: Hold it until u see a reversal :)
🔰Am I taking this trade: No---Reason: Already in the trades of Naukri and PPL as posted last time :)
🔰 {Some info}
➼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 :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
<<<<<>>>>>
🔰 JUBLPHARMA | Read description for all information 🔰 Hello my friends, here is the story I see behind this stock:
⭐(Covids low - near time high )-FIBO made and saw that the stock retraced exactly 50%
⭐The white line u guys see is the fibo retracements, the stock also broke its 2nd last retracement imp lvl
⭐D chart as time frame and trade is positional basis :)
⭐Ascending Triangle consolidation at such good lvls + Breakout with volume and Power candle= Possible upmove
⭐Risk: 6% Risk and 12% target from today's closing :)
🔰Am I taking this trade: No---Reason: Already in the trades of Naukri and PPL as posted last time
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year ELE 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 :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
<<<<<>>>>>
Coal India | Both side tradable Well if u see the big picture then it's like a good move then a correction = Still bullish and if gives a breakout above the near high = a possible trade according to your risk system :)
Also, we can see an amazing head and shoulder move + a downside flag too + bearish too :)
⭐ Pipes are buzzing | Amazing pattern waiting to be traded As we are going towards 100 followers :) which I didn't even expect can happen so fast :) Thanks to all
OK so now talking of charts !!
Pipes and pumps are buzzing and such good trades cant be missed by u all !!
Definitely plan it as per your risk and trade it like a trader :)
Targets can be near-term fibo extensions or even long-term fibo ext as it's trading on all-time highs...
Have a good day ahead guys and happy trading as well :)
A pattern you would love to trade | S01e10 A beauty pattern by this amazing stock at all-time highs, amazing bull flag, if u draw a fibo from covids low u will get a good 0.3 retracement and now a 0.2 will be broken once closing above the trendline.
Happy trading and trade with proper risk and be happy :)
Long time no see Breakout | SpiceJetLets goo finally out of the down channel ... time to trade it :)
manage your risk...
positional hold till the near time high and SL can be near time low.
Advanced Enzymes - 3wk Darvas Breakout at 5yr Rounding Bottom Consolidated for a good 3 weeks, now ready for a breakout (unless market throws up any surprises)
Moving along with sector.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20MA on Hourly chart (on a daily close basis)
BUY GUIDANCE:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note: I reserve the right to be wrong.
For educational purposes only.