swing tradeconsolidation in a range from last 11 days
enter on 30min bullish candle
target - 130 and 137
follow risk management
Consolidation
consolidation in small rangeboth side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
Breakout trade Ideas for 16 feb Markets I daily make educational content videos for swing trading purposes
Nifty - Doji on daily time frameAs from the last three days nifty hasn't given a trending move and was in a tight range.
On the other hand, it has made a doji candle on a daily time frame.
So for Monday, our view will be for both sides because it can give us a trending move either upside or downside.
So if nifty breaks the previous day's high (PDH) i.e 17875 level our view will be bullish and our target will be first 17900 and second 17970.
If it breaks the previous day's low (PDL) i.e 17800 level our view will be bearish and our targets will be 17780 and 17760 levels.
Note - I'm not sebi registered, this is only for educational purposes. Do your own analysis first.
$MINA inside Bullish Rectangle on Daily TFI found that large volume is coming in $MINA and also the chart pattern and trend shows bullish consolidation and a soon breakout.
Although market is in downtrend it would be bit risky to trade, still I would advice you to take minimal risk and invest a very small capital with tight RR if
you are willing to trade.
Entry @ 0.920
Exit @ 1.150
SL @ 0.800
Potential Range BreakoutAnother very simple technical analysis which works wonders in the markets.
We have heard of BREAKOUTS. It could be upside or downside. It could be a breakout of any zone, consolidation, range, trendline, any indicator or anything. The Important thing is that a breakout BREAKS OFF an Important Level in the market. There can be many indications when there can be a potential breakout, out of which one is a simple CONSOLIDATION around the Zone.
CONSOLIDATION is a PRICE ACTION which says that buyers and sellers are accumulating in a tight range and obviously one has to win after a tussle, so whosoever wins will take the price with him. Now in case of a Resistance or Support if the price is consolidating near its resistance and support and attracting to it multiple times (in this case the Price is going to its resistance 4th time), it becomes weak and it may mean that it is continuously trying to break that level . And if it fails to do so it will again come back into its range.
ENTRY can be made at the same price i.e 1657 for aggressive trading or whenever it gives a closing out of the Consolidation zone in weekly candle.
STOPLOSS - If it gives closing below the consolidation zone.(However Closing below this zone will also give an opportunity to go short)
Reward/Profit - It can be projected by plotting the same price range upside the resistance as it was trading before. In this case it shows a target of Rupees 2000.
**Market is a game of probability, No-one is 100% right here, no one needs to be, to become profitable. The ultimate goal is to make money and to trade taking only calculated losses.
JBMA stage analysisStage 1
Entry : 566-580
SL : swing low/ 7-12% / 481
Targets : 650, 703, 787,++, ride the trend.
3-9 months
Note: only for learning, trade at your own risk.
$JASMY @ two demand zones$JASMY managed to break from consolidation above first demand zone and now I am expecting it will rise above the second demand zone as well.
If happens we can expect a rally up to 0.012 where it will face local resistance.
Entry @ 0.0075
First TP @ 0.0089
Second TP @ 0.012
SL @ 0.0063
intradayBoth side potential.
consolidating in small range
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
intraday / consolidating in a RangeBoth side potential
wait for 15 min candle closing outside of box
Targets:- for upside use pivot points indicator
for downside 374 will be the target
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
BANKNIFTY ANALYSIS...BANKNIFTY ANALYSIS.Today market are consolidate may be exhaustion for big move wait for break the consolidation zone. If the market break 41484 zone then we can go for CE(CALL) First target= 41550,41630,41711,41831. If the market break 41335 zone then we can go for PE(PUT) First target=41238,41186,41089...
Let's Keep an Eye on $MANABINANCE:MANAUSDT is making some nice moves.
A nice consolidation breakout of resistance zone at 0.76, and now retesting it for a support.
Also a Fib Extension has given a clearance for the next target up till next resistance.
Let's keep watching $MANA
Adani Stocks, Valuations, Volatility and ConsolidationAdani Stock are in limelight after Hindenburg research. Stocks have fallen heavily after the news and FPO had been withdrawn.
Lets try to understand by combining Valuation fundamentals, Technical analysis and volatility. Also try to decode what usually happens after such wild moves.
1. Adani Stocks were on continuous rise after Covid drop
2. Valuations of some of Adani group stock reached sky high. PE multiples of some of the stocks are still above 100.
3. When stock makes top with extreme valuations there is chance of sharp correction.
4. There is no definite method to identify stock top yet from confluence of price action, volume and indicators one can identify them like Candlestick reversal pattern, Divergence on weekly or daily charts on MACD or RSI and abnormal selling volume are few to look out for.
5. Stock sharp correction is linked to volatility or Fear which can give wild moves on both up and down side
6. Volatility then gets contracted and stocks goes in long consolidation
7. It may make smaller new low but still for good amount of time it won't recover and hit fresh highs
Similar example is IRCTC check image below to understand in which phase Adani stocks are
Disclaimer: This is just educational analysis, readers shouldn't conclude this as ultimate truth and need to conduct their own studies. Stock markets are dynamic in nature as human emotions are involved. Anything and everything possible.
Disclosure: Don't own IRCTC or any Adani stocks nor have any bad will against them.
Symmetrical Consolidation in USDJPY.Hello Traders!
1. We have a symmetrical consolidation pattern in USDJPY on multiple tfs.
2. The consolidation appears to be more bullish than bearish.
3. PNL has been set for entry and stop levels. Stop levels may change in case stop level gets hit before the entry is done.
4. Always take a slight buffer when going towards buy side since there is pip difference in buy and sell prices.
Do use proper risk management.
Happy Trading!
Profits,
Market's Mechanic.
This auto ancillary stock has broken out of consolidation!NSE:GNA
GNA Axles is an established company in the automobile component space with wide variety of products for the 4-wheeler auto industry.
Total revenue, net profit and earnings have been growing impressively for this company in last 12 months.
EBITDA and Net margins are also on the growth trajectory.
Promoter holding pattern is healthy, albeit with a little bit of pledging <~5%.
On the leverage front, debt to equity ratio is good with more than sufficient interest coverage.
Price hit a 52-week high breaking out of a consolidation base with heavy volumes.
Relative to the benchmark index, price is showing good strength and in an uptrend.
Source: tickertape.in, screener.in
Disclaimer: This is for informational purposes only. It is not intended to be a solicitation or an offer to buy or sell any security or instrument or to participate in any particular trading strategy. The views and opinions expressed here are personal. The information contained here has been obtained from sources believed to be reliable but is not necessarily complete, and its accuracy cannot be guaranteed. I may have positions in the securities or instruments shared as ideas. Do your own research OR consult a financial advisor for personalized investment advice.
Swing Trade Opportunity in DELHIVERYSwing Trade Opportunity in DELHIVERY
Entry: 600
Target - 705
DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
BANKNIFTY TOMORROW PREDICTION...#BANKNIFTY analysis.. Banknifty are consolidate on 15 min chart 42500 to 42400 zone. In my opinion banknifty will be break upside and cross 42550 zone. if the market break 42550 zone then we can go for CE(CALL) First target= 42689,42777,42858,42934... If the market break 42341 zone then we can go for PE(PUT) First target= 42252,42155,42095.
Swan Energy LimitedSWANENERGY:- The stock is trading in a narrow range from last 13 days, may go upside if it gives a breakout, till then keep an eye on it
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
GMDC - Daily cmp 147Huge Triangle consolidation.
120-30 strong demand zone.
Strong fundamental pick
On breakout, one can see 163-186-203-219-228-240 levels with a positional/swing trade view.
SL should be the breakdown of the demand zone around 120 .
BANKNIFTY TOMORROW PREDICTION...#banknifty is consolidation so wait for breakout market is still holding their level may be the market making some exhaustion for big
move... If the market break upside so first target =42379,42455,42512,42645. if the market break downside first target = 41971,41876,41803,41696.
AUTOAXLES - Breakout --> Consolidation --> Another BreakoutThe analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
