Markets have been in a correction mode for 4 consecutive days and the probability of further downside is very high. This is a good strategy to use when the market is trending in either direction.
Use small sizes in volatile markets to avoid losses.
Descending triangle pattern formation in BATA INDIA 30 mins time frame. Based on breakout you may go for long of short depends upon your risk reward ratio
ASCENDING PATTERN forming.
It is forming an inside bar in daily
buy above 281.9 with sl at 273.5
sell below 273.5 with sl at 281.5
Trail the trade. might be a big swing.
~Manage risk, reward will take care of itself
Tata Motors moving up along the Trendline steadily. Lets see if this keeps going or not.
Stock has made an inside bar, following days of tight consolidation.
Keep an eye for breakout.
Buy above 101.45 with SL at 98.2
Sell below 98.2 with Sl at 101.45
~ Inside bar trades are generally aimed to capture the compression effect i.e sharp breakouts. Profits are...
It's at trendline support making an inside bar after it got beaten down due to bad numbers.
Risk reward is favourable for bullish view. Let's what price action brings for this one
Buy above 48.6 with SL at 46.8 for 52-54
Sell below 46.8 with SL at 48.6 for 42
larsen and tubro in a descending channel current market price reached the upper band of descending parallel channel which is confluence with highest CALL option open interest at 1300 first target 1260 which is highest put option open interest next target 1230 which is lower band of travelling channel
![LICHSGFIN: [Positional] LIC HOUSING FINANCE](https://s3.tradingview.com/2/2vk0480m_mid.png "[Positional] LIC HOUSING FINANCE")
![TATAMOTORS: [Inside Bar] Tata Motor](https://s3.tradingview.com/l/lj8DNQTD_mid.png "[Inside Bar] Tata Motor")
![ASHOKLEY: [Inside Bar] Ashok Leyland](https://s3.tradingview.com/j/jGa4BCzZ_mid.png "[Inside Bar] Ashok Leyland")
