Planned this trade in 5 min TF.
Can plan this trade with a Small SL
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 momentum) and trail the SL.
*Exit remaining with trailing Stop loss.
*SECURING THE TRADE AND PROTECTING...
All the info on chart.
No special news - but looks like some big Hands are entering as we can see 60-80K volumes against daily avg volume of 10K.
Add to watchlist - above 125 - possible strong upside movement can be seen.
PANACEABIO is trading in the range for the past couple of months and breakout by 18% today with huge volumes.
The reason for this is due to " $127.3 million orders from UNICEF and PAHO for the supply of its WHO pre-qualified fully liquid Pentavalent vaccine"
With this movement, Trend Ch +ve.
Close Crossing 4-week High
Crossed Monthly Pivot upside
Close is...
Good morning,
All the levels and key ideas mentioned on the chart itself.
When the market opens today wait for confirmations. Don't take random trades with high SL's.
Yesterday I read something like major institutions are short on market. So keep that in mind
-->No trade until nifty touches any of the two lines (17280) on the upside and (17140) on the down...
VAISHALI- Crossed Weekly and Monthly Pivots Upside.
Today High is equal to 5 W high.
Stock is trading in Squeeze for the past 3 days.
Close is above 20 SMA on Daily, Weekly, and Monthly time frames.
On the Daily time frame, SMA 13>34>55 and Close crossed D13 Upside.
RSI- M:70.3 WK:67.3 D:57.8
Normal NR7 - Breakout
Add to watchlist and trade after own...
ZENITHEXPO - today 20% movement crossed the supply area.
Current Week High = 7Weeks back High
Volume is highest in past 6months on Daily basis.
The trend changed to +ve today.
Close Crossed 4week High, Monthly Pivot.
Close is above Daily/Weekly/Monthly 20 SMA.
The monthly trend is already +ve and the Weekly trend also changed to +ve.
Daily SMA 13 Crossed...
Confirmation is required on the following points.
1) Price should not break the Right shoulder high which is @39570
2) Price should show some consolidation below the right shoulder (below 39570)
#PRICE IS SUPREME...
NSE:IRCTC looks Bullish.
All the Stocks in this Railway Sector have picked up significant momentum & have given a breakout/ near a significant breakout level.
These Stocks include:
NSE:IRCON
NSE:RVNL
NSE:IRFC
NSE:RAILTEL
Volume Profile looks good!
Have mentioned Entry, Exit & StopLoss on the Chart.
All the best. Manage your risk wisely!
Hi there,
I trying to understand and predict the market movement based on crowd mentality.
First I will try to explain my theory on what might have happened (It may not be the case).
GREEN ECLLIPSE @ 16800 LEVEL
--> Price was at the demand zone ,started moving up and at the EOD Nifty was at 17100
OBSERVATION:
-->Most people must have carried longs for the...
Based on current momentum & Flag Pattern and 2 Bar reversal with strong volume - a high probability of BO.
Immediate target - 280, then 293 & 311 and then 356 possible.
Today's volume is the highest in the past month's daily volumes.
Also crossed Weekly Pivot and Monthly Pivot Upside
Currently trading Daily, Weekly, and Monthly 20 SMA.
Daily SMA 13>SMA 34>...
These big candles indicating that price is at supply zone in higher TF
Price failing to breach these levels and go up
Even though price is again and again going back to its supply zone
1) It is creating lower lows in lower time frame
2)Getting rejection from 0.786 Fib levels in intraday
All the levels are mentioned in the chart
what the price comes there all...
All the levels and details are mentioned on the graph itself
Market is in the range of 90 points
If at all we get a breakout on either side we can see some quick momentum.
The Arrows on either side indicate where bulls and bears are trapped.
When the breakout happens trapped people need to cover their position which can cause some momentum.
In my opinion...
DATE:03/10/2022
In a daily time frame price has formed a inside candle.
If we observe in 1 hr. time frame its not a bearish sign until price breaks down recent low (16750 levels)
So until it crosses that low its better not to carry any short positions in nifty.
Observe the price action structure here
1)There is a recent lower high formation (17050...
Nifty recovered sharply with RBI rising its interest rates to 5.9% which is a increase of 50 basis points. Now that nifty has showed strength from lower levels of 16800 and moved swiftly to 17150. And halted around those levels. Here nifty is at a crucial juncture where it can break the 17156-17327 gap and move higher or continue to go sideways in range of...
