GOLD BREAK OF BULLISH MARKET STRUCTUREXAUUSD just broke bullish market structure. It failed to break Higher high and created a double top which will be confirmed as it breaks below 1705.
Will be entering short as it breaks below 1705 and confirms it on hourly chart TP 1 will be 0.5 Fib which is 1672.05 and TP 2- 1658.42. will go for TP 3 1617 if it breaks below golden pocket of 0.618.
My SL will be 2%
I'll be entering short only if it actually confirms the double top by breaking below 1705. that will confirm market has actually flipped to bearish
H-setup
Bank Nifty Trade Plan : 29 Sep 22 OnwardsExpiry Day Plan, Levels as mentioned on the chart
Follow-up chart & update
Levels as mentioned on the chart
Wish You Happy & safe trading
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk.
"Always Respect Risk"
Happy Trading
Jai Hind Jai Bharat
OBEROI REALITY LTD -- INTRADAY SETUP- 23/09/2022OBEROI REALITY LTD- HOURLY CHART -- INTRADY SETUP - 23/09/2022
1. stock seen trendline support at current level on hourly chart
2. upper channel lower level double bottom support seen which indicate pullback from this level and stock ready to move upside on next trading sesion
3. stock has retest previous resistance breakout level
4. trix line shows crossover pending at oversold levl hourly chart
5. BUY ON INTRADAY AT CMP @1007 TARGET 1015-1030-1040 stop loss 992
** THIS IDEA IS FOR EDUCATIONAL PURPOSE *** TRADE AT OWN RISK !!
HAPPY TRADING, !!
HINDALCO --- INTRADAY SETUP -- 19/09/2022** HINDALCO -- INTRADAY SETUP -- 15 MIN CHART -- 19/09/2022
1. Trendline breakout seen at 15 min chart last 15 min candle
2. trix histrogram seen crossover at current level
3. bullish signal from ssl channel indicator
4. pullback candle seen from oversold at 15 min chart
5. intraday support seen at 405 and resitance 430-435 level
6 BUY around 408-412 intraday target 420-425-430 stop loss at 400
** THIS IDEA IS FOR EDUCATIONAL PURPOSE
** trade at own risk !!
HAPPY TRADING.!!
ADANI PORT -- INTRADAY SETUP --22/08/2022ADANI PORT --15 MIN CHART - INTRADAY SETUP -- 22/08/2022
1. Adani port seen trendline breakdown strong bearish candle on 15 min chart , last closing candle
2. DOUBLE TOP formation seen on chart at 880-882 level which is short term intraday bearish momentum next session
3. SQZMOM indicatior also shown double top formation and further fall can seen from this level
4. Short adani port on intraday at current level 869 For intraday target 860-850 stop loss above double top level 885
THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk. !
HAPPY TRADING !!
PAYTM --INTRADAY --22/08/2022PAYTM- HOURLY CHART -- INTRADAY SETUP -- 22/08/2022
1. PAYTM after making high at 840 sub level , profit booking seen and correction at last 2-3 session .
2. stock seen breakdown at hourly trendline 2 consectutive time upper channel breakdown also seen .
3. stcok at currently at strong support line around 770 level possibilities of pullback from this level for confirmation hourly / 15 min candle should close above 775 level then buy can initiate at intraday for target 780-790-800
4. breakdown at support 770 confirmation if stock close candle hourly/ 15 min bellow 765 short position can initiate for target 760- 750
** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. Trade at own risk !!
HAPPY TRADING !!
HEAD AND SHOULDER PATTERN (SELL SIDE)SELL : 1529 TO 1373
TARGET : 822 TO 730
Reason For Selling This Script :
In this script it has formed head and shoulder pattern in in monthly time frame. Now price has been broken the neck line and retested the neckline. So we can go for sell side target above mentioned.
Note :
Above given levels are based on monthly & weekly time frame . So be patience it will take some months to achieve the target.
ALL THE BEST ..
CONCOR --INTRADAY SETUP -- 04/08/2022CONCOR --15 MIN CHART -INTRADAY SETUP
1. Stock seen trendline breakout at 15 min chart at last session look bullish from current level
2.Trendline support seen at 695 level , can be look as intraday support for next session
3. matrix candle seen above 0 line at last 15 min closing candle
4. intraday buy can initiate at current level 699 for target 610-620 Stop loss bellow support line 688
5. no trade initiate if gap down open bellow 690 level .
** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. trade at own risk !!
HAPPY TRADING !!
KARURVYSYA : Sequence of Events - possible further upside Started observing from 18th, when closed at 47.30. (NR7 Breakout)
Entered the trade at 49.50 & still holding (58.7) - HIgh of 60+
18-07-2022: Today Crossed Weekly and Monthly Pivots Upside. On Daily/Weekly time frames Close is above 20 SMA, but on Monthly TF, below 20 SMA. Monthly trend is still -ve, but Weekly trend is changed to +ve. Today Close Crossed Daily SMA-13 Upside. Also Normal NR7 - Breakout
20-07-2022 : Volume is Monthly High. And Daily SMA-13 Crossed D SMA-55
21-07-2022 : Volume is 3-Months Highest. Close crossed 4 week High. On Monthly time frame, close crossed 20-SMA. Trend changed ot +ve on Monthly time also.
22-07-2022 : On Weekly time frame also Close crossed W SMA-13
26-07-2022: Today Volume is the highest in 6 Months. Price Crossed 50-SMA on Monthly time frame.
Very high on momentum and if sustains above 64.25 and breaks 67 - we can see further strong upside moveemnt.
My own understanding -- and this can go wrong (tukka). Please do your own analysis before investing.
NBCC -- INTRADAY SETUP -- 25/07/2022NBCC -- HOURLY CHART ==INTRADAY SETUP - 25/07/2022
1. Stock Seen trend reversal at 28 level and form upper channel above 32 level
2. from 35 levl some profit booking seen and retrace to 32 sub level at last session close at 32.70 exactly around trend line support of hourly chart
3. doji trend reversal candle seen at last hourly candle after consecutive red candle which is sign of upmove from this level
4. intraday buy can initiated above 32.85 level for target 33.25 - 33.50 -33.75 stop at bellow 32.25
5. IF trendline breakdown bellow 32.25 will be bearish and can fall towards bellow 32 level on intraday so short position can initiated bellow 32.25 level
6. support resistance level mention on chart at intraday basis
** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. trade at own risk !!