Buy USDINR. Next Target 73.50All the retails have been shaken out. The accumulation has been done . Now its time to markup the price. These are probable entry, exit and stoploss area.
Fractal
A good 18 RR trade may be coming upNifty will touch the all time high again. Theses are probable entry and stoploss area.
BIOCON trading levels for 22.01.2021Posting the same chart again levels only changed....
expecting a blasting
My Weekend picks 20/11/20These are breakout stocks which can perform good in near term. Buy on weekly closing basis.
My Weekend picks 20/11/20These are breakout stocks which can perform good in near term. Buy on weekly closing basis.
My Weekend picks 27/11/20These are breakout stocks which can perform good in near term. Buy on weekly closing basis.
TCS - Swing Trade Entries and Gap Fill Trade OpportunityIn Daily chart,
The price is following the trend line.
The price is in a consolidation state in between the levels shown.
LTP is holding Monthly-Central Pivot Point
In 4hr chart,
For Buying, wait for the LTP to break the Fractal @2731 (Buy above 2736) - TP @2811
If the price breaks the bottom level, sell below 2604 - TP @2540 - Gap Fill Trade Opportunity
The opening price for December month decides the direction of the market when using the Pivot points for Sing trade.
Position Sizing according to the risk taken.
Choose SL carefully (0.5% of stock price preferrably)
My Weekend picks 13/11/20These are breakout stocks which can perform good in near term. Buy on weekly closing basis.
My Weekend picks 13/11/20These are breakout stocks which can perform good in near term. Buy on weekly closing basis.
My Weekend Picks 6/11/20These are breakout stocks which can perform good in near term. Buy on weekly closing basis.
My Weekend Picks 6/11/20These are breakout stocks which can perform good in near term. Buy on weekly closing basis.
My Weekend Picks 6/11/20These are breakout stocks which can perform good in near term. Buy only after weekly closing basis
HERO MOTOCORP Long @3051Price is in a zone in 1Hr
Fractal Breakout Play
Long @3051 or Short @2974 - Both are Fractal extremes of Nov 26th. So it is the Day High-Low Breakout Entry Strategy.
For Long entry, consider taking profit @3097
For Short entry, consider taking profit @2948(TP1) and @2930(TP2)
HDFC Short @2176. TP @ 2146Sell the fractal breakout to the lower side
Price is below the cloud
Chikou-span has exited cloud to the downside
Take profit at 2146. It may take support at this level.
Position sizing is as per risk.
Bitcoin FractalFractal
Since August, fractal similar to May month is forming. This fractal is of 3 months (May to July) length and repeats after 3 month (August to October). Fractal holds similarities in price action like continuous rise in price for days, sudden big price fall, low and high in pattern are at same arrangement. This same pattern follows from October onwards.
Support:
Parabola formed becomes resistance to fractal after which price reverse back but now this parabola is broken and now this acts as a support.
Previous Zone between 13000 to 14000 is another big support level.
100 Daily MA had been support for both May and August, so it is a possible support. I have extended MA 100 line expecting such formation.
Their is one possibilty that BTC will keep moving along resistance and will bounce up wherever fractal had pumps.
Invalid:
This fractal could fail if BTC keeps on moving up breaking resistance.
XAUUSD, 10-Nov-2020 , Day analysislooks to go down, its bearish till 1825 area.. lets wait and see..
What is UPTREND in #priceaction trading?If the market is pulling towards upside direction with less magnitude towards downside direction we can call it as an uptrend.
Characteristics of an uptrend:
1) Higher High and higher low pattern in the swings
2) Less magnitude in secondary swings or downside swings in this case
Hope this helps:)
Nataraj Malavade
Author of Mastermind of Day Trading
Quant Trader | Author | Blogger
