Multiple analysis for Lambodhara Textile
-Elliot wave - trend analysis and prediction
-Fibonacci - targets to follow
-Harmonics - price indication
-Supply Zone from where price to react
Chart is self explanatory and only for educational purpose
"Trading day, April 11th: The global market indicates a neutral to slightly positive start, with the market nature being moderately bullish. If the initial market breaks yesterday's high, we can expect a rally continuation. On the other hand, if the initial market declines sharply, structurally, we can expect a long correction."
"Trading day, April 11th: The global market indicates a neutral to slightly positive start, with the market nature being moderately bullish. If the initial market breaks yesterday's high, we can expect a rally continuation. On the other hand, if the initial market declines sharply, structurally, we can expect a long correction."
"Trading day, April 11th: The global market indicates a neutral to slightly positive start, with the market nature being moderately bullish. If the initial market breaks yesterday's high, we can expect a rally continuation. On the other hand, if the initial market declines sharply, structurally, we can expect a long correction."
Nifty will be gap up opening in today's session. After opening nifty sustain above 17600 level and then possible upside rally up to 17750 in today's session. in case nifty trades below 17580 level then the downside target can go up to the 17430 level.
Google has formed Cup Handle Pattern on daily timeframe chart. This is bullish pattern, we can take swing trade here.
Entry:
We can go Long after close of bullish candle above the resistance zone as marked on chart.
Target:
Usually for Cup & Handle Pattern target is equal to the depth of cup, we are going to keep the target near the next resistance...
DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days...
Polycab is a super bullish stock but at the end enening star is appear today so its a sell for me with the stoploss of highest point and the target is =ABC= pattern
BANKNIFTY Intraday Trade Setup For 11 Apr 2023
Buy-Above 40871
Sl-40760
T-41070 41270+
Sell-Below 40725
Sl-40835
T- 40530 40345
BANKNIFTY has closed on a slight bearish sentiment with 0.5% cut. Sell triggered as per trade setup and 1:1 and then it reversed which ended with NPNL . Later in the 2nd half sell triggered once again and 200+ points gain (1:2). After...
NIFTY Intraday Trade Setup For 11 Apr 2023
Buy-Above 17695
Sl-17645
T-17772 17850
Sell-Below 17595
Sl-17645
T- 17500 17390
NIFTY has closed almost on a neutral note today. Till now it has been safeguarding PDL and bullish momentum is on track. A sentimental halt or reversal will be triggered only when we close below PDL. Today buy triggered as per trade setup...
Nifty has formed a bearish bat pattern id stays below 17750..
Also Cloud resistance can be seen on daily on ichimoku.
Drop can come to 17350 200 levels
stop loss 17750 above
