it may work in future for you...it gave me a 20% straight up profit in less than a month trading is all about patience and confidence on your trade ..happy trading
The Trendline has been sharply broken by the candles and is expected to reach the nearby support. Market is already in Greed mood plus there is no update on Covid, more and more people will try to book profits as the market is in overbought or inflated(PE OF BN is 23.1) considering the current condition. You can expect a target till nearest support The Time Frame...
I am gonna break the generational curse here, I am here on one mission , to bring out the best in you and teach you the best way to manifest good trades.
Giving you an idea into how i used instituional order flow to predict exact point where price reached. To all those who commented saying retail is gonna help, no amount of trendlines or macd rsi will help you predict with this precision
#Bullish engulfing on the hourly chart. Stop Loss below 20800 on hourly closing. Looks good up from the current market.
#POSITIONAL INGERRAND looks good at support. Target 1 : 660 Target 2 : 700 SL : below 680.
#positional, Wait for the green candle HEG : CMP 735 to 740 SL : 700 Target : 900+
There is divergence of MACD and now the market may see a further decline Keep an eye on
HITECHCORP : Break out confirm : looks good for positional
HOLDING BELOW 2200 , stock will continue its corrective journey & can lead to the level of 2000/1950 again.
Looks good, bought positional expecting : 650+
GICHSGFIN : LTP 108.90 #POSITIONAL SL: 99