Fractals are a self similar patterns that recur at successive lower degrees. Once identified, they provide great trading opportunity. They can be found on any time frame, on any asset class or any instrument in any market conditions. How to trade: Once a clearly visible fractal pattern is recognized, look for the lowest degree pattern in the structure to retrace...
Positional Trade(3-4 weeks): NMDC has given a bearish fractal breakdown. Short: NMDC CMP: 175 Target 1: 155 Target 2: 145 Stop Loss: 186
Positional Trade(3-4 weeks): Chambal Fertilisers has broken out from a fractal pattern. Buy: Chambal Fertilisers CMP: 295 Target 1: 320 Target 2: 330 Stop Loss: 283
Positional Trade(6-8 weeks) Intellect Design Arena has broken out from a fractal pattern. Buy: Intellect Design Arena CMP" 778 Target 1: 850 Target 2: 930 Stop Loss: 740