Good Morning Everyone,
-->Nifty continued to maintain higher levels and given a good closing
-->As I said in Nifty short term view We have to change view once Nifty give closing above 17450
-->Strong Sgx gap up indication & there will be a short covering move possible to the upside.
-->From the opening look for buying opportunities 5 min candle range breakout...
All the details are mentioned on the chart
-->Wedge Formation breakdown
-->SL on 2nd resistance
-->Entry on retest
-->Overall good setup. Except Buyers are in control till now But this SL worth the shot
Managing the trade:
If the trade goes in our way
*Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost
*Exit Half of the remaining with 1:1.5 or 1:2...
Disclaimer:
I am not SEBI registered person and this is not an investment advice and also please note this is only for education purpose. Also note we can use this research in my own portfolios. So don't influence yourself by this research. Please note before investing according to this educational research, please do own research and also do take advice from your...
Granules India has maintained support of 340 price level after breakout.
As identified in chart, Bull has made counter attack the bear candle.
RSI is also increase by taking support of 60 levels,this shows stock is still in bullish momentum.
If volume is consider, current candle has above average volume.
Target of 395 can be achieved in upcoming...
Setup Contains:
1. Wyckoff Accumulation Schematic
2. Daily Major Liquidity Taken
3. Strong Bullish Candle
We're taking this trade based on HTF setup. But this can be refined in LTF next week 'IF' price close strongly above previous day's high (Structural Break)
FOLLOW PAFX & TRADE LIKE BANKS 💸
We forecasted and shared our view of EURAUD, where we spotted this WYCKOFF Accumulation Schematic.
After 50+ Days our target has been fulfilled 😍
From this analysis 🔻
We got 1,113+ Pips, 1:6.6+ RRR ‼️
Good Morning everyone,
Keeping SGX Nifty in mind (17070 levels) Lets say Nifty will have a gap down of approx. 100 points
-->Nifty will try to open @ 17060-70 levels
-->We will be almost opening near support zone.
--> Unless it breakdown 17000 level on stays there for min 15 mins there shouldn't be any shorting .
-->After opening,
--> If market shows...
Hi guys, In this chart i Found a Demand Zone in M_MFIN for Long Term, Observed these Levels based on price action and Demand & Supply. Don't Take any trades based on this Picture
...because this chart is for educational purpose only not for Buy or Sell Recommendation..
Thank Q
Hi guys, In this chart i Found a Demand Zone in MOIL for Long Term, Observed these Levels based on price action and Demand & Supply. Don't Take any trades based on this Picture
...because this chart is for educational purpose only not for Buy or Sell Recommendation..
Thank Q
Hi guys, In this chart i Found a Demand Zone in ALEMBICLTD for Long Term, Observed these Levels based on price action and Demand & Supply. Don't Take any trades based on this Picture
...because this chart is for educational purpose only not for Buy or Sell Recommendation..
Thank Q
Hi guys, In this chart i Found a Demand Zone in TATACONSUM for Long Term, Observed these Levels based on price action and Demand & Supply. WW. Don't Take any trades based on this Picture
...because this chart is for educational purpose only not for Buy or Sell Recommendation..
Thank Q
ADANIENT expecting a down trend
ADANIENT breaked resitance and coming for retest
and have a trend line also so expecting a 3rd touch on trend line if trend line breakes we can see more fall
first we need to wait for break the support first
All levels are mentioned on the chart it self
Safe players can wait for a pull back and enter as per levels
Risky people can enter according to their risk management.
Managing the trade:
If the trade goes in our way
*Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost
*Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at...
-1x 27OCT2022 2900PE (₹ 11.05 )
+1x 27OCT2022 2720PE (₹ 2.95 )
Margin per lot- ₹ 30,266
ROI-₹ 1,215(4.01%)
There is a very important support at 2900, so very unlikely to cross that mark as only 10 days of trading session are there
The market has a bit been sideways for a few days but still breaking that level is very unlikely. NSE:TCS NSE:TCS
Broken long tern trendline, can it regain it?
Will reliance take support on the neckline or break it?
RSI on hourly chart shows positive divergence
I think it will bounce from here or will it take nifty to lower levels along with it.
Can be weak after a close below 2285
Stay tuned
