I daily make educational content videos for swing / positional trading
- Should Open flat - SL Will be today's Low Marked - Volume Dr Up - Good Contraction
I daily make educational content videos for swing / positional trading
A triangle pattern is being formed on weekly/monthly charts of Honeywell Automation and if price breaks out on the positive side with good volumes then a buy trade can be initatiated with a healthy upside till around 65000. Please make sure to keep a stoploss and even trail it along with proper position sizing and adequate risk management!
I daily make educational content videos on Markets The above video is based on price action analysis only
This pattern has 250++ bars or 1 year+ data. it is sustaining above fib level 0.5 or 360-365. There is a supply-demand conversion zone( golden) where it may face resistance. Entry should be after a bullish candle at the golden zone or above 400(round level). Next, there is hidden trendline (dashed) , which will act as a resistance. How to trade? initiate trade...
An Inverse H&S reversal. Above 341.3, targets can be around 392. with an SL of 308. Happy Trading! Always feed in the SL first.
Buy @ C.M.P (CURRENT MARKET PRICE) Sell Target 1 :- 1500
💲💲 FOLLOW me @Averoy_Apoorv_Analysis and get these free analysis :) 💲💲 🔰Storytime : This stock from 28dec till 20 may create a good channel pattern, which was contracting and consolidating. With a BO on 4 march of inverted HnS or triangle pattern, anything is ok. gave 30% in 2 days. Means stock BO is a mover fast one :) just have to catch them. On 15 march stock...
Disclaimer: This analysis is posted as my online journal for educational purposes only. This is not a buy call. As you can see in HEG's chart above, it has risen 291% in 22 weeks and it has now experienced 3 tight contractions C1, C2, C3, with the C4 currently being in progress. The C2 contraction was half of first, but the C3 was 18.5%. The last contraction...
🔰 MY thought process : ⭐Elliot waves for the uptrend ended while giving it an ATH now it has broken a serious trendline = downtrend but it's on its monthly support zones which were used to be resistance zones :) ⭐Also at 0.3 fibo so and making a good contraction pattern below the good uptrend line and 50dema, A buy would be initiated if it breaks the consolidation...
Although I missed the chart :) but still learning gives future earning :)
After A Quick 55% Move in 3 Weeks. A very Tight Weekly Inside Bar Formed On The Chart Of IIFL. The 10 WMA Was Right Below The Price Making It The Perfect Setup. The Stock Moved 204% in 3 Months From Here After The Breakaway. Very Fast Triple Digit Returns Were Available Here. One Good Trade !
clear pivot at 738... good volume contraction... expecting good move above the pivot,,..
4 week inside bar and reduction in volatility by 83%. It may give good move. It can be bought above 79.60 with SL of 74.70
WIPRO | Good contraction - Looks good for 10% CMP : 342 SL : 329 Target : 380 1:3+ risk reward