Niftyfutures
Going to Double this price.A rounding bottom is a chart pattern used in technical analysis and is identified by a series of price movements that graphically form the shape of a "U". Rounding bottoms are found at the end of extended downward trends and signify a reversal in long-term price movements.
Power Of Breakaway Gap !A breakaway gap occurs when the price gaps above resistance or gaps below support. Support or resistance, in this case, is often associated with a chart pattern, such as a trading range, triangle, wedge, or other patterns. Breakaway gaps often occur early in a trend and show conviction in the new trend direction.
How To Trade A Breakaway Gap?
The market moved sideways, forming a consolidation pattern.
Enter a long position at the breakaway gap day close.
These are possible initial stop-loss levels for this breakaway gap setup.
You can then use this subsequent swing low to tighten your stop-loss.
Nifty 50 Option trading analysis for 08th July 20 (Friday)IMPORTANT NOTE: Trade in 5 Min and 15 Min Time frame, the TradingView is not allowing to post in the smaller time frame and I'm not interested to buy premium plan so please trade as per given time frame and level and targets Thanks.
Nifty50 trade analysis and level targets
Don't wait for a big move get profit and exit from the market, fall can befall any time tomorrow so trade as per risk-reward.
TO MANY CALLS WRITTEN
NIFTY50 CALL TRADE ANALYSIS
BUY above 15767 then wait
for targets 1 and 2.
Book Your profit Timely
NIFTY50PUT TRADE ANALYSIS
SELL Below 15725 then wait
for targets 1 and 2.
Book Your profit Timely
Note:
BLACK LINES: Breakout point, If it breaks go for long, and if it breaks go for short.
GREEN LINES: Target and Resistance lines, If if breaks go for long to other green lines.
RED LINES: Target and Support lines, If if breaks go for short to other red lines.
DISCLAIMER:- I Am Not SEBI Registered Analyst or financial adviser.
All Post and Levels Posting Only For learning Purpose. Not Giving Any Recommendations For Trade. I'm Not Responsible For Your Any Kind Of Loss Or Profit. Before trading please consult with your financial advisor.
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