share name : hindustan foods ltd call type : poistional - share is consolidating in a range and forming a descending triangle - Inside candle on Weekly time frame - 2120 - acting as a huge resistance if a breakout comes. we can see good targets of 2550,2800 sl 1800 Thanks
Did Titan reach its life time high and ready for profit booking ??? Reasons/Traits : • Wedge pattern break out target reached (width of wedge would be the target) • Inside bar/Bearish Harami candle formation seen today • Titan is at life time high • Is in overbought zone with decreasing volume What can happen next : Scenario 1 : Uptrend can continue to reach...
The formation of an inside candle resembles the future strong movement in daily trends. Can expect a downward movement of at least $10. This strategy works maximum in gold. Can refer to my earl y xauusd post-trading with the same strategy.
We can see the information of the inside candle. The inside candle strategy does definitely work on XAUUSD. There can be a movement of 10$ (expectations).
#BHEL - Inside Bar Pattern - Formed on Daily Closing Basis Break-Out & Break-In Pivots Mentioned in the Chart Levels Mentioned in Chart PS: Tech Analysis Only - Not a Recommendation for Trade
2 levels to cross & watch 5110, 5126 (intra based) can be entered / hold as per individual's risk appetite disclaimer - for only study purpose
SUMMARY:- -nifty is looking to breakout of its bearish trendline -if does and sustain at current levels we will have captured a move above 20-dma -close above 18k means we will have an inside bar breakout in nifty on daily chart -historically speaking whenever that has happened it has followed up with an 300 point move
Strong momentum stock Long position as mentioned in chart Trail stop loss once trade is triggered Enter at your own risk
Do not trade in between 40370 - 39840 Buy Above 40370 for the Targets marked on Chart Sell below 39840 for the Targets marked on Chart Make entries only when the price action is suitable respecting to the trendline Take Entries when Market sustains above / below our levels Avoid entries , if there is a Huge Gap Up / Gap Down Take Entries as per Price...
#PNB #PunjabNationalBank Inside Bar Breakout (Daily Basis) - Volumes increased with Breakout Moving in a Parallel Channel (Moving off the lower channel) Targets: As mentioned in the chart Ps: Analysis ONLY - NOT a Recommendation
NSE:POWERGRID Cup & Handle Pattern Formation (With a Inside Bar Breakout - Weekly Chart ) & Three Retests at 187 Resistance Zone. Weekly RSI: Ranging b/w 55-60 Can Expect Breakout - Anytime Soon (Daily Volumes must be a Good Indicator to Confirm) Possible Targets: 200 - 205 Fundamental Pros: Good Dividend Yield: 4.15% Low PE Ratio: 10.20 (September...
NSE:LAXMIMACH Broke longterm resistance line at 8400. An Inside candle Pattern dated 5th Oct 2021 is also broken. The volume that's seen on 14th Oct 2021 was never seen in the last 6 months.
Do not trade in between 38060 - 37450 Buy Above 38060 for the Targets marked on Chart Sell below 37450 for the Targets marked on Chart Make entries only when the price action is suitable respecting to the trendline Take Entries when Market sustains above / below our levels Avoid entries , if there is a Huge Gap Up / Gap Down Take Entries as per Price...
Do not trade in between 36860 - 36570 Buy Above 36860 for the Targets marked on Chart Sell below 36570 for the Targets marked on Chart Make entries only when the price action is suitable respecting to the trendline Take Entries when Market sustains above / below our levels Avoid entries , if there is a Huge Gap Up / Gap Down Take Entries as per Price...
The stock declined after breakout on good volume, only to retest the BO zone. It has made 2 inside bars at the breakout point on very low volume. Likely to pick up from here. Offers very good RR.
A flag pattern is seen with narrow range candles, ATR is also decreasing. Both of them are showing a sign of possible upward momemtum, it might a good intraday trade. there is an NR4 candle with an inside bar. trade can be initiated if price stays above previous candle's high for the first 3 minutes. Lets see what happens on monday,
ITC FUT BUY@208 STOP@205 TARGET-1@212.75 TARGET-2@216 TARGET-3@221 note:- -stock is breakout out of inside bar formation -taking support at its 200-ema -if closes above 209 we will have a 20-ema/200-ema breakout -itc has great potential on upside -target can be raised in the future
Wait for range break. Expect 3 to 4 % intraday move after the range break. 6 inside bars with dry volumes. Narrow range movement. Good intraday possible.