Reoccurrence 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 /...
Tata 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.
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
Waited for the symmetrical triangle to break in the previous post. But it didn't break but instead formed a right angle triangle. Should have taken a trade at the close of the candle above the triangle's hypotenuse or in this case high of the inside candle.
I have been actively monitoring the inside bar pattern working on various Canadian stocks, I am just journalising and checking the win ratio for the same before I invest.
-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 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...
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.
I daily make educational content videos on financial markets
SUMMARY:- -keep an eye on indusind bank -we have a major resistance break on the cards -it can open up area of 960-1020 -possible inside bar break -morning low will be our stop in the trade INDUSDIND BANK SPOT TRADE BUY@960(wait for closing neat this level) STOP@940 TARGET@980-995-1010 RISK TAKERS AND OPTION TRADERS INDUSIND BANK 980 AUG...
Silver Making multiple supportive nodes -> 1) Making it weak 2) Might take support to ( thus making it a tradable area ) Learning Pointers >> Pattern here is Descending triangle >> Time frame here is Weekly >> Candle position -> Mother bar : Inside bars on multiple weeks >> Rsi telling about Divergence of price and relative strength ( Rsi making higher...
Educational purpose only There is an inside bar. Mother bar is strong and green. I think we should see a strong up-move in this counter.
if nifty daily closing will above 17270 and sustain there. then market will be uptrend .i mark the trendline , i mark the inside candle. i hope its helpful
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock markets...
Learnt from Youtube Sir Mukul Agarwal's Technical Analysis Playlist.
Inside candle in India cement on daily timeframe. this is only for educational purposes.
Inside bar Breakout above 4670 RSI is crossing above 50, trending zone