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...
Price has been in consolidation after a big volume breakout. This Daily Inside bar can give breakout in both directions. Buy above 1105.85 & Sell below 1074 Keep Initial Sl at opposite ranges and trail the profits if trade triggered.
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
INDUSINDBK make inside candle then consolidate so breakout done of consolidation then you can add in watchlist.
Double Inside Bar A typical compression pattern forming in HCL. Buy above Previous Day High (PDH) 560.8 and sell below Previous Day Low (PDL) 553.25
Keep it in your Watch list. It can give a good positive momentum above 1050.
INFY SHOWING ONE OF THE RAREST PATTERN CALLED THE "ABANDONED BABY" BROKEN OUT OF AN INSIDE BAR ON WEEKLY CHART POSITIONAL TRADE IN INFY BUY@750 STOP@725 TARGET-1@780 TARGET-2@795
DEEPAK NITRATE: A good contraction after a great run. Prepping for another? Disclaimer: This idea has been posted strictly for educational purposes only and any investment shall be taken post proper due diligence and consultation of a certified Financial Advisor
Accumulation going on. Keep an eye on this stock. May break tomorrow. Check my Old Post for more detail analysis!
Hexaware made a small ranged red candle inside the previous wide range green candle on day timeframe. Can be traded in breakout of either direction. Long above 325.10 Short below 317.20 Targets: 1% in either direction. NOTE: Trade with confirmation of momentum & volume on lower timeframes in intraday.
Britannia formed doji candle on daily time frame and contracted within previous day's candle. The high/low can be traded with a conservative target at the mother bar's high/low range. Long above 3407 TGT: 3442 Short below 3344 TGT: 3306 NOTE: Trade with confirmation of momentum & volume on lower timeframes in intraday.
Hey Traders! how are you all ? Hope everyone is Bullish..hahaha..jokes apart! Coming to trade.. PVR making an Inside candle in Daily chart, keep your eye on this stock. All Levels are marked on this chart. MY VIEW: hmm Bullish(will wait for upside breakout) Let it break the rectangle then only enter the trade otherwise wait for consolidation. "More...
Hexaware on daily time frame has formed DOJI for the last 2 days with the latest candle contracted inside the previous. The doji indicate uncertainty in the price, hence trade the breakout of the inside bar in either direction. Long above 330.05 TGT 1: 335.45 Short below 311.30 TGT 1: 306.55 TGT 2: 300.05 NOTE: Trade with confirmation of momentum & volume on...
MGL has formed a large body candle the previous day followed by a small range DOJI candle on daily timeframe. The price is moving along a rising trend line & price is currently at the trend line. The next candle may give a fine move on any side, either respecting the trend line and breaking above or breaking it below. Long above 1014 Short below 991 Fixed...
HEROMOTOCO on daily time frame is contracting along a rising wedge pattern which is almost about to breakout. Combined with the bearish pinbar candle formed suggest a break of the high or low will give a good move. Long above 2431 Short below 2369 Fixed target: 1% (or the nearest S/R) NOTE: Trade with confirmation of momentum & volume on lower timeframes in intraday.
Price contracted and breakout expected. Long above yesterday's high. Short below yesterday's low.