CREST - 8 Months Consolidation Breakout - All Time HighCrest Ventures Ltd
1) Time Frame - Weekly.
2) The Stock has been in a Consolidation since (February, 2024). Now, It has given a Consolidation breakout & Closed at it's Life Time High with good volume & good bullish momentum candle in Weekly Time Frame.
3) The stock may find it's next resistance around the price (790 - 34.25% from the current price 588.45).
4) Recommendation - Strong Buy.
Longunwinding
TATA CONSULTANCY - Long-term TrendTATA CONSULTANCY - Long-term Trend Analysis
1. After several months of consolidation the long unwinding has been broken this month.
2. Another fall is for sure, but it may take several months.
3. If it falls 40% from its all-time high will be golden opportunity for the investors.
4. That is 2500... There are lot of supports in between but falling to 2500 is my wish.
Note:
1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...
HINDUSTAN UNILEVER - Long-term Trend Analysis HINDUSTAN UNILEVER - Long-term Trend Analysis
1. It breaks the primary trend 9 months ago...
2. Now for the past 15 months in the long unwinding/Accumulation zone.
3. 2 options 1st If the trend moves upward means it has resistance at 2500 and 2700.
4. Only when it crosses 2700 it will be considered a bullish trend. otherwise, it will be on a bearish trend only.
5. Already it's fallen more than 33% from its all-time high.
6. Do you think will it fall further? Maybe yes based on the global market trend correction.
7. If it falls down what will be the support? 1st support will be at 1900 and 1750.
8. Stock is trading at 10.68 times its book value.
9. If the market crash it might fall to 1900. hope it won't touch the 2020 crash line.
Note:
1. I’m not a SEBI Registered advisor, my research is personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...
Why BEAR-TRAP occurs? How to Avoid and Trade a BEAR-TRAP?What is a BEAR-TRAP?
--> BEAR-TRAP is a condition in the market where the Price gives a Breakdown below a Potential Support zone but quickly Reverses back above the Support without giving a follow up bearish candle.
Why a BEAR-TRAP occurs?
--> Big Players who are bullish on a specific stock would be wanting to buy a big quantity of shares at the best price , but there will be no enough sellers . Hence All Buy Orders of Big Players would not get filled. so what's the solution?
--> Big Players know that the Retailers have maximum of their StopLoss order's just below the Support.
--> Big Players will place Contra-Short Trades and will trigger the Stop-Loss Orders of the Retailers turning them into a Seller .Hence All Buy Orders of Big Players will get filled. .
--> New Breakdown Traders place Fresh Short-Sell Orders looking at the Breakdown and if its a F&O stock , Call-Sellers open new positions at ATM (At the money) Strikes. .
--> Now as All Buy Orders of Big Players got filled. . BIg players aggressively start moving the price up and trigger the Stop-Loss Orders of the New Breakdown Traders and Call-Sellers who entered looking at the Breakdown which ,again shoots up the price.
-->Hence All Bears are been Trapped.
How to avoid a BEAR-TRAP ?
--> Look at the Volumes on the Breakdown ! If the Volumes are Low , It is probably a Fake Breakdown! .
--> Wait for a follow up Bearish- Candle after the Breakdown Candle! i.e Take a entry only when the Low of the Breakdown-Candle breaks.
--> Check out if there is a significant Long-Unwinding if its a F&O stock.
How to trade a BEAR-TRAP ?
-->Check out for a Reversal Pattern soon after the Breakdown. Eg: Bullish Engulfing, Bullish Harami, Bullish Piercing .etc
--> This Reversal Candle Stick must close above the support.
-->Enter a Long Position above the high of this reversal candle .
Real Example!
--> NSE:POWERGRID was trading within a Rising Channel .
--> POWERGRID gave a Rising Channel Breakdown below 196 and gave a daily closing at 191. Perfect breakdown right?
-->Breakdown Traders entered here keeping their Stoploss above the POC or just above Psycological level 200. and Call Sellers would have Shorted the POWERGRID 200 CE STRIKE .
--> Check out the volumes on breakdown! Its very very low signifying its a Fake Breakdown.
--> POWERGRID on the following day made a Bullish Above Stomach Candlestick pattern and gave a closing above the support level 196.
-->Perfect Buy would be on 1HR Closing above the support level 196 on the next day.
-->Boom! Price made an Impulsive Movement after it triggered all the StopLoss Orders placed at Psycological level 200 by the Breakdown Traders and also due to the Short Covering at 200 CE STRIKE .
--> Wasn't it a perfect BEAR-TRAP Trade?
If you liked this Educational Idea, Kindly LIKE,COMMENT, SHARE, & FOLLLOW me on Trading-View for more educational posts like this.
Short Pvr Stock has fallen below the 20ema decisively with long unwinding pressure. Short till 1485 for target of 1430/1415 and 1380. sl 1500 on closing basis
SHORT SWING TRADE IN RELIANCE AUG FUT(WITH A STRICT STOP)SHORT SWING TRADE IN RELIANCE
NOTE:TYRING TO CATCH PROFIT BOOKING AND
1320 WAS A STRONG RESISTANCE BEFORE SPILT
RISK CAUTION I AM FULL TIME TRADER AND RISK TAKER
THIS TRADE IS NOT TO DETERMINE THE TREND
SHORTING RELIANCE DUE TO RSI TOUCHING 80 LEVELS
ON DAILY AND WEEKLY CHART
SHORT @1319
STOP@1330
TARGET@1300
LOT:1000
QTY:2