Might fill the Gaps in the channel Case 1 : Short if small trendline breaks Case 2 : Short if resisted at channel upper line Case 3 : Resisted after filing previous gap
Moving between two trend lines, with Gap creation and Gap filling. Bullish candle with volume was already created, after which a gap up opening was there and the gap is filled. Upper gap filling is pending and so probably will go for that.
Gaps are a very good strategy to work on. Gap is formed when there is a price difference between opening price and closing price of two consecutive candles. Most of the time gaps are filled by 80-95% or sometimes even by 100%.
We should not buy the 1st dip in the morning today, Nifty trading around 9390 which is the previous swing high. Nifty still has room to go towards 9260-9175. There is a Gap to be filled at that level. Trading requires a clear trading plan and trade management. So here is a clear trading plan. Entry Between 9200-9250 Stop-loss 100-125 Points away from Entry...
Infy looks strong and ready to fill the previous gap. Also flag and pole pattern in sight
A copybook short opportunity with a first target of gap filling. RR > 4
You can see gap in price of TCS today, a gap was also present last year in October and it soon filled. Today's gap will also be filled in near future.
A gap can be seen in the price of Asian Paints(highlighted in green), a previous attempt to fill the gap on 18th April did not succeed, stock has been able to hold Fibonacci level of 23.6%. Two successive dojis can be seen recently and delivery percentage for last three days are 55%,67%,57%(positive sign). The stock might move up once again to fill the gap. Jai Hind
Vedanta has started to fill the gap of 193.8. Target 1: 193.80 **Just views
11562 looks Crucial. If stays below that for 15 - 30 mins, more weakness will come. bullish Gap at 11486 -11500, may possible Gap Covering in rest of the week. In DOW JONES: Witnessing "Bearish ENGULFING" in Last trading session. Future levels mentioned on Chart for "T+1 basis"
...... Spot & Future Intraday, future Weekly Levels plotted & mentioned on chart. Possibility to FILL Bearish GAP at 26364.05 - 26215.10 Formed on 05/02/18. Crucial level Near 25789, If crossed & stay for 15 - 30 min. 26400 level can't be ruled out. Though Published in "EDUCATIONl" section, but for swing Trade I am Bullish . Trade as per Specified level with...
...... Spot & Future Intraday, Future Weekly Levels Plotted & Mentioned on chart. Weekly crucial "RESISTANCE Zone" : 10763 - 10804 Trade as per Specified level with description. FUTURE Trader Should take position with Hedge strategy. Disclosure: Take this information as study/education purpose only. If Useful Like & Share For taking trade decision Consult with...
As per daily chart in ICICI BANK Bears phase cycle is on swing with the negative impact of both Fundamentally on sector wise and as well as Technically. But as Fight Continue from Swing high of 307 Bears Attacked on Bulls with Three Consecutive Drag down Round upto 295 levels and Bears have More Power to Beat Bulls to the level 276.50 and more below 262 Levels...
...... Spot & Future Intraday, future Weekly Levels plotted & mentioned on chart. Important to WATCH: "Formed Bearish GAP BTW 25356.4 to 25192.20" Possibility to Fill. Notice one thing mentioned "TFZ / HZ #2: 25332 - 25360" also matched. Trade as per Specified level with description. FUTURE Trader Should take position with Hedge strategy. Disclosur:...
Volume spike greater than past 30 days volume and strong thrust.Above 1785 should reach 1850 exit below 1734
i see that in a quite mid term horizon it is better to stay cautious and trade on levels only in state bank of india ! feel that it might fill the gap soon ..irrespective of near term ups and downs !