Trading Strategy
Selling only between 12340-12360 as suggested yesterday with strict stops above 12375. Traders can be cautious & avoid sell if it is moving above 12350 as early warning! - I mean don't take sell if moves above 12350- fulcrum level.
Targets
12280
12200-12220
Video Idea on Indusind Bank
Thanks for all support
Idea getting time to upload so status update was put
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Status Update as of 08:54 Hrs / 15th Jan 2020
08:54 Hrs / 15th Jan 2020 - Happy Makar Sankranti - Indusind Idea getting uploaded. Depends on uploading time. Risky...
Trading Strategy
Plan A -
Sell in 12275 - 12295 strictly only for 12000 / 11900 / 11800 / 11700 / 11500
Method - Bearish Butterfly Harmonic Pattern / Channel Top
Dow Jones Industrial Average Chart
Plan B -
Buy Only above 12350 -If holds that means if goes above 12350 & falls below 12300 - Avoid holding buy positions - Continue Buy above 12350 for...
Trading Strategies
Plan A - Risky Traders
Buy with strict stops below 70.35 for 72.25
Buy above 72.50 for 74.50
Buy above 74.50 for 75.50-76 handle
Plan B- Safe Traders (Post Pattern Breakout on upside)
Buy only above 72.25 for 74.50 & above targets as mentioned in Plan A
Note - If USDINR moves in desired direction as expected upside holding...
Trading Strategy
Scenario 1-
Holding above 920
Part A:
Expect upside push to 980-1000 zone
Part B:
Selling if fails to cross 1000 or crosses 1000 falls immediately then expect 920 / 850 /700
Scenario 2 -
Strictly Holding above 1000 for extreme bullish scenario- Expect 1500 -1600 Target zone. Failing to hold 1000 post crossing above becomes "Part...
Buy(H4 Breakout)
If in Dabur, the 1st Candle which touches the H4 ie around 462.4 and its next candle is also Bullish and closed above H4 then enter on BUY side around 462.4 with Target around H5 (464.3) and Stop Loss around H3 (461.25).
Buy (L3 reversal)
If Price action is around L3 levels are not able to go below then look for Trend reversal candles. See the...
We are using Demand and Supply Analysis. We selected the level because the trend was up and the prices were at the lower BB at the time of entry. We missed an entry by 20 paise but the level played out well.
Britannia pumped hard on coportate tax cut news and also got rejected hard from HTF resistance.
Now facing montly resistances.
Even though it has a good buy setup on daily/weekly timeframe, one should be cautious before going long
It may need to revist lower HTF support levels before starting up trend.
