JSW ENERGY - Getting Tight #Insidebar #dojiJSW Energy after a good consolidation is now getting ready for another upmove, formation of tight dojis and Inside bar, also today's last 10min closing suggests there would be a sudden spurt in this scrip. Ripe for swing trade. Ideal Stoploss would be 378.
*DISCLAIMER*
This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Do take this disclaimer seriously.
Inside Bar
#GROBTEA Cha Da Time Lagda Grob Tea looks good as Positional Trade. After a long consolidation, stock is trading in a Inside Bar candle range of 978-825 for almost 4 months now, also smart money are leaving their footprints (check the volume bars). Expecting good move to come soon now.
Stoploss - (low risk)828, (high risk)780
*DISCLAIMER*
This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Do take this disclaimer seriously.
Bank Nifty movement at weekly levelIts clearly seen inside candle formation last week (in comparison to earlier week) and current week also inside candle formation seen since 2 days (mon, tue) based on last week, so its like inside candles since 2 weeks. So wait time for a big movement either on upside or downside.
Upside if it breaks, needs a lot of strength though to go up further and a retest of it can make a better price action movement.
Contrary on downside can be a little quick due to no support at weekly levels. Lets see
Please note its a weekly time frame!
IRB INFRA Inside Bar formationOne can look at a short term positional trade in IRB infra..forming an inside bar candle pattern, where the & high & low of the red candle are within the body of green parent candle, volumes for red candle are low...enter either on BO, after crosses high of the green candle or at CMP with SL at the low of the green parent candle..Disc; Invested from lower levels for medium term
SCHANDReoccurrence of Inside Bar CandleStick Pattern
Big candle followed by consolidation (Inside Bar Pattern) & then BreakOut/BreakDown is the way this stock is moving. At present consolidation going on after a big candle (Inside Bar). Going by previous moves, it looks like stock is getting ready for another big candle move of 30_50% after breaking of Inside Bar / Mother Candle range.
Has potential to move up to 550 / 750 & beyond in Long-Term
#TataMotor LHHL, weekly inside setup, good news for F&O tradersTata motor is making Lower high, higher lows along with Inside candle pattern in weekly time frame. Any pullback trade towards 394-400 zone will give good entry with SL closing below 390. Above 420, 430 & 440 looks achievable but trailing tightly in this trade would be required.
DeltaCorp Weekly Analysis NSE:DELTACORP weekly analysis
Fib level 0.618 rejection of correction and formed LH LH with pullback from 0.5 and formed narrow range
Clear breakout above 230 with fib level 0.318 and narrow range is necessary to continue with long trend
Wait for clear breakout it will give momentum targets
Marico -Marico was stuck in range since June, forming a Range contraction setup.
-Before breaking out, it forming inside bar formation and finally gave close above trendline.
-RSI has been facing rejection from 69-70 levels in the past, though RSI has broken out will watch out if this time RSI is able to break resistance
NIFTY Inside Bar Candle Strategy trade NIFTY has formed a nice Inside Candle day befor eyesterday.
If NIFTY breaks above 17700 :-
Carry forward buy above 17700 for target 17922/18036
IF NIFTY breaks below 17470 :-
Carry forward sell below 17468 for target 17241/17127
Breaks should be on the closing basis of the daily candle OR trade can be taken after 3:00 /3:15 PM if levels are broken.
This is positional trade and can be achieved in 3-4 days after breakout/breakdown. Do Not buy options to make use of this.
Target 1 and 2 achieved in Ambujacem | 8% mover This idea is a follow-up to Ambujacem
You can check the Link to Related Ideas ( Detailed analysis done in 15th Aug Video )
Disclaimer: The information provided is for educational purposes only. Our intention is not to give any financial advice, don't take any decision without consulting your financial advisor.