risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
Bullish view based upon the following points 1. Clear double bottom pattern at a support level. 2. Trendline Breakout 3. Possible H&S Formation Dabur can be added at CMP of 584, till 565. Note: This is strictly for education purposes. I'm still learning the concepts of stock market. I'm not responsible for your profit or loss. Do your own analysis before...
Indiamart -- in no time stock turned 10x from beginning level -- showed firm strength during Covid Crash in 2020 Double Top Pattern has forced the price to drop from support levels. almost 50% down from All time high levels. Interesting to see how this Ecommerce player plays along the journey.
Nifty the fall is sharper, wounds deeper. Bears assert all their might now that the new year (Jan) euphoria is behind. Reality strikes all over and the bulls run for cover. The fall has been much against our expectations in terms of timing. This pushes the bigger worries ahead as most of the index punches bearish count and many areas of individual spaces print...
Crypto markets continue to bleed as the total crypto Mcap plummeted by more than ~20% in the last week alone. Uncertainty in Russia and Ukraine also adding more fuel to this fire. Overall, the global markets are also trading in red from the start of this year and due to high correlation between both the markets, crypto markets plunged more than the Equity...
ICICIBANK Formed Double Bottom Pattern and has given a breakout. Wait for a retest and based on that, one can look for buy side entries. We can see the rise in volumes which shows that buyers are in control. Please HIT the like button, this motivates us to make more such analysis. For more such trading content follow us on ( @tradechefofficial )
risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
This is mine own research do yours as well My research and opinions should not be consider as an advice or tip Thanks for now
Bank Nifty Cmp 37574 dated 21.1.2022 1. Double Top made @ 38875 Buy above 38200 for a tgt of 38900-39800- 40200 SL 37500 Sell Below 37200 tgt of 36800-36400-35600- SL 38200 It is just a view, pls trade at your own risk.
risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
Why this Trade..?? 1. DOUBLE BOTTOM 2. Broadening Triangle 3. Fibonacci 50% Retracement Buy or Sell based on the Support Break with Volume Disclaimer:This view is purely for educational purpose and it's my personal.Please consult your financial advisor before attempting any trade.We're not responsible for any loss or profits.
SBIN is near its support of 502 and is respecting it. On 4 hour time frame, the stock has give a doji and a hammer candle. Once an hourly candle closes above 505, it can go upto a level of 515-518. Wait for the levels to be sustain. 1-2% upside move will be there.
Levels are explained in charts with Entry, Target & Stop Loss. Disclaimer: This study is for educational purpose only & is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NIFTY chart analysis My previous analysis were reached as per my analysis please see that also. the chances that market may move 1)It may come down between 16877 to 16650. 2) It may even break the support(16650) and come down to target-1 : 16900 target-2 : 16500 this is just educational purpose only. Not financial advice. the analysis is solely the opinion...
Infy Long NRC's seen last week, now breakout confirmed RSI-68 Buy at CMP- 1868 SL- 1789 Target- 2015 Join us, Learn more, Earn more Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Price around 880 is very crucial for cipla To remain bullish, cipla must not break this level a close below this level will open downward doors for this stock and we may look for puts or shorting futures For investment, we can buy around this level with small SL and target 964 TF will be around 400 days
Forming the double top formation price yesterday given the breakdown and now treading below the neckline and going down with good volume. post is only for education purposes, not an advice to buy and sell.
risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...