How did I time my entry in SAIL?Well, many traders spotted the head and shoulder pattern, but it can be seen that stock didn't move much after the breakout but consolidated in a rising wedge for some days(which is generally a good sign).
Now, in the morning I was looking for an entry so after looking at the 1-hour time frame, I found a perfect triangle rising wedge pattern, so I was waiting for a 1-hour candle to close above the trend line. I took entry at 79 with half quantity and on the retest, I added my other half.
Entry, Target, and Stoploss are mentioned in the chart.
Thank you!
Higherhigh
Near Monthly Chart AnalysisOn Monthly timeframe of near ,we can see it has retraced all the way to last year June July levels ..if previous year pattern has to be followed near should bounce off from here to tp atleast 7-7.5$ by the end of next month..as for btc monthly closing above 22.8k would be bullish for it and further rally for 28-30k area would be expected in August month..and there is no interest hike in August month we might see some relief pumps in alts and btc ..My target for August 31 midnight is 6.75$
AUDUSD UPTREND BUY WITH PROPER SLAU is creating HH formation so next key area is around 0.72500. if we break the previous high there is probability that we gonna test 0.72500 as its clear uptrend.i habe also mentioned the stop loss which is below 2 nd HL which is safe and its not gonna hit if we continues the uptrend once if in 30-40 pips profit trail sl to hl accordingly.
Make sure you do your own analysis before taking trade.
Happy weekend guys...be safe..🙋🏻♂️
GOLDEN CROSSOVER: MEDIA SECTOR LOW PRICE STOCKNSE:EROSMEDIA
GOLDEN CROSSOVER, 50 DAYS MA moved upwards crossing 200 DAYS MA.
SECTOR: MEDIA a bullish sector.
LOW PRICED stock.
Fundamentals improving gradually, SUPER Q3 22 result.
PRICE STRENGTH 72, BUYER DEMAND 'A+', MASTER SCORE 55, GROUP RANK 16 OF 197 (Data from MarketSmith)
CMP 32.20, minor resistance breakout done, retest done.
Making HH, HL, in uptrend
Now moving up, next resistance near 36, buy signal when break this level, target on chart.
NIFTY METAL INDEX - THE SECTOR ON THE RUNNifty metal index continues to charge higher in wave iii of 5, and it pushed MACD towards higher high.
Overall wave structure
RK buy signal activated in daily time frame
Key levels are mentioned on chart
MACD in Daily positive
MACD in weekly positive
RSI in daily uptick
MACD at Higher High
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
BREAKOUT OF BOTH MAJOR AND MINI TRENDLINE !HDFC AMC : On daily time frame , a fresh breakout can be seen of mini trend line , before that the stock also surpassed the major trend line. Also stock has formed higher high formation on daily time frame which indicates that stock has begun its up trend journey. Stick strictly to the stop loss as markets are very much volatile and unpredictable due to Russia and Ukraine problems. Target has been given for swing trade of around 10-15 days. Keep changing target as per your own requirements . Note that this analysis was done by me only for educational purpose to show importance of trend line brake.
Levels for - 14 Oct 2021EXPLANATION : This is a 30 min time frame chart of NIFTY . It has been a formation of Higher High - Higher Low . Correction is pending in the market , There is a high probability that it will become a Higher Low .
If you like the analysis give a Like // Follow for more updates , let me know in comments below :)
2 Years breakout on weekly charts with VolumeA huge volume breakout can be easily seen on this beautiful chart at a level of Rs80. This happens after a great long rally the stock has shown from the last year with a series of higher highs and higher lows.
This can be bought at a retracement of around Rs 80-85. From here, I think a rally of 30 points is possible and the second target of 50 points is also expectable.
This is a good long bet with a stop loss below 75.