LNA stand for Late night analysis
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✣ Contraction pattern: A pattern starting with a broadening high...
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This is a series of videos I am starting so that I can give you guys what I think and am seeing for tomorrow also which stocks to add for tomorrow and how I hold my trades and think during the process :) your fav stocks and you want me to analyze plz comment on...
Nifty trading strategy for tomorrow
Nifty looks positive as today's fall seems like retracement only. Nifty closes near support range 15770-15740 and near 61.8% Fib retracement level. Multiple supports on downside.
If nifty open flat or gap up, initiate long if 15 min candle closes above 15800 with SL - 15750. If nifty opens gap down wait for initial hour for...
Daily Chart Pattern
On Support Line
Waiting for reverse from Support Line
Can give good 10 % to 20 % return
I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only. Never invest more then 2 % Capital In Single trade. Trade on your own Risk and analysis
Nifty may take a snap recovery on 29th Jan'21!
+ Price taking support at golden fibonacci level (61.8%) and 50EMA, between 13,705 - 13,750 Levels
+ Day is closed with a Doji candle at the bottom of Bollinger Band
+ Fibonacci level, Bollinger Band bottom, 50EMA... is making the area of confluence and signifying indecision and possibilities of 'U' turn
+ A strong...
ON DAILY BASES EURO IS STILL GOING UP BUT WE NEED WAIT FOR OPENING LONGER POSITION OUR TARGET IS THE RESISTANCE 1.21700 IF IT BRAKE THEN WE SEE A NEW TREND TO UPSIDE AND IF THERE IS ANY HUGE SELL HAPPEN THEN OUR TARGET IS 1.20900.
Don't Forget to comment to share your opinion.
Yesterday, GBP decreased against the USD by 0.7 percent. Thursday witnessed another cascade of Brexit headlines develop, consequently bullying GBP/USD to lower levels on Thursday and erasing Wednesday’s gains.
The 1.31/1.3064 resistance zone on the H4 timeframe once again served sellers well, composed of the 1.31 handle, resistance from 1.3064 and August’s...
The Trendline has been sharply broken by the candles and is expected to reach the nearby support.
Market is already in Greed mood plus there is no update on Covid, more and more people will try to book profits as the market is in overbought or inflated(PE OF BN is 23.1) considering the current condition.
You can expect a target till nearest support
The Time Frame...
Strong and HIGH PROBABILITY BUY SETUP on Sun Pharma. Currently in the best price zone to buy (510-500). Target: 562, 580
Time duration: HOLD for at least a month. Expected ROI 11-16%
The factors supporting our view are as follows:
1. Price is sitting just above the parallel channel's support trend line
2. Price is sitting just above an important psychological...
Yesterday cipla broke out from its range today it retested and started moving as expected.
Reason to Buy :
1) Broke out from triangle pattern with good volume.
2) Good price action in one hour time frame(Triangle breakout as well).
Stop-loss must be kept at previous immediate swing. RR ratio must be calculated before taking the trade.
Keep an eye on Bajaj Finance it is going to breakout soon (Possibility of an Up trend).
Reason to buy:
1) Triangle breakout.
2) Taking support on previous breakout levels.
Best place to buy is at a retracement levels of 3429.95. Stop loss will be at previous immediate swing levels.
Calculate your RR ratio and take the trade.