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Measuredmove

META STOCK ANALYSIS BEARISH MOVE SHOWING ON FACEBOOKFACEBOOK SHOWING A GOOD DOWN MOVE WITH 1:5 RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward please dont use more than one percentage of your capitalfollow risk reward and tradeing rules that will help you to to become a bettertrader thank you
NASDAQ:METAShort
by tradergyan01
Will Shree Cements go up ???Will Shree Cements go up ??? Reasons/Traits : • Measured Move up pattern formation is seen • Last 3 days candle sticks pattern shows as 3 black crows • Todays close is exactly at 0.236 retracement level of last swing high and also taking a support of a trend line break out (4) • Price took support of 12 EMA with decreasing volume What can happen next : Scenario 1 : Stock uptrend to continue and reach 31979 (earlier life time high) /32766 Scenario 2 : Downtrend post break down of 0.236 Fib level to reach 0.382/0.5/0.618 or till 50 EMA support level Disclaimer : This analysis is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
NSE:SHREECEM
by AdhigamaTrading
Ascending Triangle BreakoutOBEROIRLTY: Swing trade Ascending Triangle Breakout In Ascending triangle pattern the upper trendline is flat, while the lower line is rising. This pattern indicates that buyers are more aggressive than sellers. It is considered a bullish pattern and is usually resolved with a breakout to the upside. The pattern is completed on a decisive close above the upper line. This breakout should see a sharp increase in volume . The upper resistance line should act as support on subsequent dips after the breakout. Ascending Triangle Measuring Technique For the ascending triangle, traders can measure the distance from the start of the pattern, at the lowest point of the rising trendline to the flat support line. That same distance can be transposed, later on starting from the breakout point and ending at the potential take profit level. The illustration above shows the distance from A to B can be transferred higher up, from C to D, in order to project a possible take profit level. How to trade Ascending Triangle Pattern After viewing a strong break above resistance, traders can enter a long position, setting a stop at the recent swing low and take profit target in line with the measuring technique. Note- False breakouts are possible (traders need to manage risk accordingly ) My advice is to risk only 2% of your trading capital. Buy 30% of your position at CMP & if price respect levels of 676 then execute your 70% position. The whole idea is to lose less money when you are wrong and to win more money when you are right.
NSE:OBEROIRLTYEducation
by Indrajit08
1
Nifty Outlook for Monday, 10th August | 50x InvestmentsNifty - Technical Analysis: Nifty had a gap-down opening on hourly charts and remained within a range throughout the day. On the 15-minute chart, most candles had long upper and lower shadows indicating the presence of uncertainty in the markets. 9-period SMA closed above the 12-period SMA on 15-minute charts indicating the small positive bias in the markets. Market - Driving Factors: Vodafone Idea declared their Q1 results and it was once again a poor show in absolute terms. The stock still ended over 7% up because the results were better than street estimates. Lupin too had a poor Q1 and the stock ended over 6% lower. Nifty IT and Pharma indices ended lower today probably because of a strengthening rupee. The Nifty PSU Bank index broke its poor recent run and ended almost 1% in the green. Silver continued its stellar rally and is 2% up as of 5:18pm. Nifty - Outlook for Monday, 10th August: A break out from the 11000-11300 range could give some certainty to the direction of markets. Such a breakout would at least lead to a measured move if not a deeper trend change for the long term. A weekend break might just help markets get a direction and shift sentiment to one side. So, one should avoid any huge directional bets early on Monday till a direction emerges.
NSE:NIFTY
by Algokart
4