#Bandhanbk cash -Positional call 24 Aug 2022 Looks good above 297.50 and dips 288-290 Stoploss 280 Target 314-315/340 Cmp 295.75
Asahi India Glass-Cup and Handle Chart Pattern Breakout Daily Time Frame-Entry Zone-600/625 Expect a Target-800/830 Stop Loss-530.only Education Purpose.
Bandhan Bank : Good Ascending triangle breakout observed Long above 298 with SL 293
VCP - Volatility Contraction Pattern by Mark Minervini Levels are mentioned on chart, please wait for close above resistance line. Disclaimer: I Am not SEBI registered
Hey everyone! Last week we talked about the basics of derivatives and what all different derivative instruments are available in the markets. In this post, we will talk about the types of people who use derivatives and why they exist. There are broadly three types of participants in the derivatives market: → Hedgers → Traders (also called speculators) →...
Hi all, hope you guys are doing well. We retailers spend a lot of time in searching for that "holy grail" in trading. The majority of the time our search is centered around different strategies. However, in my opinion, "Strategy is overvalued whereas risk management is undervalued" . A chart can be analyzed in different ways by different traders. A trader...
Rising wedges or Ending Diagonal ends the ongoing trend. This is not a call. Trade on your own risk please. Thank you
What I have tried to explain is Nifty complete cycle structure: cycle (1): wave 1, has been completed @1380 (sept 94) wave 2, has been retraced to@ 810 (nov. 98) Now against there is a good impulse ended 1816 (Feb 00) but next wave retraced below the origin of wave 1 (this could be sub cycle) sub cycle wave 2 got completed 847 (oct 01) link: Now sub cycle...
Happy Independence Day! (For all the Flag patriots, know that these flag-drawings are just symbolism. These are not Indian National Flags, since they dont hv Ashok Chakra! nor official correct dimensions.) Weekly / hourly Flag patterns ! Pick your Winners! Axis(w)--> Nelco (w)--> Sbi (w)--> Bajaj Electrical (4h)--> Airtel (w)--> Jindal...
Hi, This idea is about the very promising ABC pattern and the most optimal ways to enter into this pattern. ✅ABC Pattern This is considered as a continuation pattern. There has to be a strong trend up/down in the background. Wave A: Minor correction against larger trend, usually not more than 5-10% Wave B: Another attempt to push the price higher but could...
Ever wonder what derivatives are? Check out this handy guide! 😉 A derivative is a contract or a product whose value is derived from the value of some other asset known as underlying. A variety of underlying assets serve as the foundation for derivatives. These include: → Financial assets such as Shares, Bonds, and Foreign Exchange. → Metals such as Copper,...
CMP: 382 - Closed above 100 EMA - Consolidated for 6 months in a box
#Affleindia cash -Positional for 2 months 11.08.2022 Looks good around 1120-1140 Stoploss 1050 Target 1280-1300/1500 Cmp 1185
> The global market marks a neutral start. > Market nature is bullish. If the market opens a gap up, the market will continue to the rally. The important point here is that the market should not break the previous day's low (Nifty) (Bank - 38813). > On the other hand, an advancing wave is a supply wave, so watch carefully, if the market experiences a sharp...
GBPUSD retreats from the 11-week-old descending trend line as the traders await the first readings of the Q2 2022 UK GDP. In addition to the trend line hurdle, the 38.2% Fibonacci retracement of the March-July downside, near 1.2345, guards the pair’s immediate upside. Following that, the 100-DMA hurdle surrounding 1.2435 will be in focus. In a case where the quote...
Bearish Bat Harmonic Pattern at the tops of 38231. Sell Triggers below 37941 Trading Strategy Traders have to sell once it triggers below 37941 with recent high as stop loss later. Targets 1st Target - 37655 2nd Target - 37522 3rd Target - 37249 Thank You.
Hey everyone! 👋 Today we are going to share an informative write-up about the “Cup and Handle” pattern along with a few exhibits that may help you solidify your understanding of this chart pattern. Please remember this is an educational post to help all of our members better understand concepts used in trading or investing. This in no way promotes a particular...
The markets saw a rather wonky expiry today. What are your thoughts? Do you feel the bullish bias continues ahead of RBI rate announcement?