Intraday
Dogecoin buy-Inverted head and shoulder formingHappy new year guys,I wish this year we all can fulfill our dreams of becoming successful traders.
So Here is another trades for you.Dogecoin is making a bull setup with a inverted head and shoulder pattern in 1h time frame.There is a strong resistance zone in the neckline of the pattern(0.07091-0.07158 level) which dogecoin is trying to break.A breakout candle is already seen in the chart but because of the strong resistance it can reject another 2-3 times.If it breaks,a buy trade can be initiated from here.It may take a retest after reaching the first resistance level(0.07448).
So keep an eye on this trade.You may have hold the trade for 1-2 days.Happy trading.
Nifty501. Rising wedge
2. Inside candle @ 1hr
3. Important support -18080 and 18000
4. Closed above 50 MA
5. Downtrend in 1 day
The nifty 50 is continuously moved upside, looking closely we can see that it is moving in a wedge pattern i.e RISING WEDGE.
Taking Support at 50 MA and ending up with an Inside Candle bar pattern.
Important levels to trade -
BUY above 18150 which shows that it had respected the 50 MA and 18080 as support.
Sell below 18000 which shows that it crossed 50 MA and 18080 thus looking for a bearish move and also BREAKING DOWN the RISING WEDGE pattern successfully.
30:1 winning trade ☯️ updated last day❤Bank nifty last expiry of the year make a trade hero without hitting you zero
All the tarde as marked ♐
shows in last days chart market reacted same 💯
Again all target hitted,
After a channel pattern breakout as well as breaks SZ marks close to 200+ points tarde of CE side
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Intraday Nifty levels for 29-Dec-2022Intraday #Nifty levels for 29-Dec-2022
Blue line - indicates Daily Range
Yellow line - indicates Weely Range
Red dotted lines - Resistance
Green dotted lines - Support
Wait for First 15 mins candles to close. If Nifty(spot) is moving above First 15 mins and above 21 EMA High ( Green moving average line), then look for long, else look for short opportunity if Nifty(spot) is moving below First 15 mins and below 21 EMA low ( Red moving average line). Also, track VIX for volatility.
Banknifty reversal zones 29-12-2022Note: Always try to find a good price action patterns or any candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss.
(Color code for Support & Resistance zones: Red - Sell, Green - Buy, Price once cross above resistance it is obvious it will work as support, vis versa price cross below support zone ). If any doubt for take entry in price action patterns, please ask in comment box, i will try to help.
Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels, It is shared here for learning purpose. Trading in this pattern is all your own risk.
Nifty reversal zones 29-12-2022Note: Always try to find a good price action patterns or any candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss.
(Color code for Support & Resistance zones: Red - Sell, Green - Buy, Price once cross above resistance it is obvious it will work as support, vis versa price cross below support zone ). If any doubt for take entry in price action patterns, please ask in comment box, i will try to help.
Disclaimer: Im not tip provider and this chart is not indented to take trade in my levels, It is shared here for learning purpose. Trading in this pattern is all your own risk.
📊BANKNIFTY IDEA - 28-12-2022 NSE:BANKNIFTY
Banknifty key levels are marked on chart.
Intraday resistance - 43000 if breaks then bullish move is expected.
If it doesn't break and if drift below 42850 then a fall towards the major Support 42000 Is expected.
The price has reversed instantly with high momentum from major trendline support.
Use position sizing according to your stoploss level.
Like this idea if you find it useful and please share with your friends.
Keep learning,
Happy trading.
Thankyou.
Nifty Prediction For coming days
Lets see what are the possibilities for comning days in nifty
Bullish View as we can see Inverted H&S in weekly and daily TF, As projected in the Chart above and below. Lets not forget that we have All time high near by and anything might happen at this point,
So we will consider bullish only once the high is broken and retested and sustained. Simple price action patterns trade will help you keep your mind clean regarding the trend, And identify perfect S&R levels.
Now lets see the Big WHAT IF !!
Weekly
The Picture above Shows the Possibilities of RSI Divergence if at all matket reaches the All time high, Thats when we might see a Double top with RSI divergence. Take confluence from Volume and Oscilator divergence for bearish moves,
Look for Option chain Open Interest Levels see if major call are being written or puts being bought, these will help you identify the trend reversal.
MTF anaysis helps you trade with trend. I made Weekly and daily .. now its your turn to make intraday analysis. You can reach out to me here if you need any suggestion.
First train you eyes to identify the patterns then think about logic and its technical aspect.
No one swims without drowning first and no one wins without loosing first.
READY FOR BIG MOVE (ADANI PORTS)Stock is consolidating in the zone from last 1 month.
CMP : 884
Entry for Buyside : Above 920
Entry For Sellside : Below 865
We can expect a good move on either side when this stock will give breakout of this zone.
Note : This is my personal analysis, this is not a buy or sell call.
Simple Trade Setup | NIFTY | 23-12-2022 [INTRADAY]NSE:NIFTY
Trade Setup for 23-12-2022
1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action.
2) Everything is mentioned on the chart. I hope it is easy to understand.
3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level.
4) Avoid gap up or gap down chase. Wait and trade between levels.
Please refer below chart for levels.
Hope I made it easy to understand it.
Do comment your doubt or suggestion.
Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
BANKNIFTY IntradayNSE:BANKNIFTY
Good to keep on the radar
Always respect SL & position sizing
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Trade Secrets By Pratik
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Disclaimer
SEBI UNREGISTERED
This is our personal view and this analysis
is only for educational purposes
Please consult your advisor before
investing or trading
You are solely responsible for any decisions
you take on basis of our research.
BANKNIFTY Important Breakout LevelsAs global sentiment looks week. We can Plan to short banknifty below the dec low line.
- In case of FLAT opening we can short it on the first candle or wait for 15 mint candle breakout.
- In case of GAP UP Opening we will wait for the negative price action or Look for upside scalping trades above PDH.
- In case of GAP DOWN Opening we will actively look at the price and enter the market. if we get the chance to short it around pivot level with a negative candle. It will be a JACKPOT.