ANAND RATHIAnand Rathi Wealth Ltd was incorporated on March 22, 1995. It is an AMFI registered mutual fund distributor and is one of the leading non-bank wealth solutions firms in India, being ranked amongst the top three non-bank mutual fund distributors in the country. The company offers a wide product portfolio of wealth solutions, financial product distribution, and technology solutions to its clients
Reason To Buy : Buy Back @ 4450
Entry
OP Coin analysis on daily TF with supp resis & fib OP Spot call
All supp and resis lvl are drawn in chart keep an eye if you are interested to grab som OP coin in your spot wallet.
For Future trade there is very low volume so do trade in spot for safe side see the chart closely and comment your fav coin if you wanna see the analysis of that coin
Jindal world 1D TFNSE:JINDWORLD
Jindal world 1D TF - Reversal
Target - 11%
Stop loss - 2.5%
The analysis is done on daily TF hence
price may take few days to few weeks
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.
Nifty Prediction For coming days
Lets see what are the possibilities for comning days in nifty
Bullish View as we can see Inverted H&S in weekly and daily TF, As projected in the Chart above and below. Lets not forget that we have All time high near by and anything might happen at this point,
So we will consider bullish only once the high is broken and retested and sustained. Simple price action patterns trade will help you keep your mind clean regarding the trend, And identify perfect S&R levels.
Now lets see the Big WHAT IF !!
Weekly
The Picture above Shows the Possibilities of RSI Divergence if at all matket reaches the All time high, Thats when we might see a Double top with RSI divergence. Take confluence from Volume and Oscilator divergence for bearish moves,
Look for Option chain Open Interest Levels see if major call are being written or puts being bought, these will help you identify the trend reversal.
MTF anaysis helps you trade with trend. I made Weekly and daily .. now its your turn to make intraday analysis. You can reach out to me here if you need any suggestion.
First train you eyes to identify the patterns then think about logic and its technical aspect.
No one swims without drowning first and no one wins without loosing first.
Nifty Next Day Week PredictionAny pattern is not perfectly formed.. So we take confluence in them ..
as i can see there is this bullish cypher pattern in formation Which is not that perfect yet with in my error percentage. along with Open intrest As confluence and support resistance levels ..
This is my View and my trade not a suggestion
Weekly Time frame Bearish signals
ABC Pattern- Optimal Entry TechniquesHi,
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 not break the previous highs
Wave C: breaks the low A but has less momentum than wave A. Weak stops are taken below A
I am presenting four techniques of entering into this pattern, in the anticipation of a continuation of the prevailing trend. The techniques used, however, depend upon the traders' appetite and temperament.
Let's start..
✅Minimum Risk Entry
>The entry point is near the low C
>C should have less momentum than A
>Price barely breaks the low A
>There are wicks at the low of Candles at C
>Stop is placed under the low of C, so less risk more reward potential
✅Confirmed Entry
>Entry is at the break of swing high B
>The price makes a higher-high so structural change is confirmed
>The break often comes with good volumes & strong closing candles
>SL under C is wider than 1 in this case
>This technique is used when, in wave C, there are few weak candle closings below A
✅Trendline Entry
>Entry is at the break of TL
>The break often comes with good volumes & strong closing candles
>SL is wider than 1 but lesser than 2. So less riskier
>This technique is used when, in wave C, there are few weak candle closings below A
✅ABC-W Entry
>A unique entry technique
>The price breaks deeply below B and then retests at W
>At this point it seems that price will continue down but
>The price could not hold down and again breaks out of W, giving us a breakdown failure entry
>You would see a usually sharper continuations as many traders, who entered short positions, would start exiting in a hurry
Stop loss in all the cases is placed under the low of wave C and trailed as per traders' time horizon. These are relatively small corrective patterns so you can expect sharp continuations and take targets measured equal to the strong impulsive move in the background.
I hope it was useful.
Thanks for reading.
@Bravetotrade
Bullish View on SGX Nifty If SGX Nifty Breaks 15880-15895 Then It Will Goes Upto 16080. At 16100 Is A Resistance to That So Please Keep Your Positions Little Because Volatility Is Very High So Please Avoid Trades in This Volatility Market. Hope You Understand My Opinion. This is for educational purpose only. If You Are Taking Any Position Consult Your Financial Advisor. Thank You
EICHERMOTOR- Falling ChannelWhy this Trade..??
1. FALLING CHANNEL
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.
SAIL ( Long position)Flags are areas of tight consolidation in price action showing a counter-trend move that follows directly after a sharp directional movement in price. The pattern typically consists of between five and twenty price bars. Flag patterns can be either upward trending (bullish flag) or downward trending (bearish flag). The bottom of the flag should not exceed the midpoint of the flagpole that preceded it. Flag patterns have five main characteristics:
The preceding trend
The consolidation channel
The volume pattern
A breakout
A confirmation where price moves in the same direction as the breakout
BUY level - 120-123
target- 135-150-188
Stop loss- below 117 as per ur risk capacity
time frame- mid to long term (1 to 4 months)
adding quantity as per market trend and positive data.
thank you