Pattern)
Nifty Target for Oct
Given this targets and ranges on monday in our telgram channel l..
Reasons asking one to train his eye rather going behind logic initially is that once you run behind logic you will be thinking too much and overthinking leads to losses in market .. keep an eye on the structure and chart patterns and once you gain confidence over a pattern logic follows and that will be your own logic
BULLISH FLAG PATTERNEducation
Bullish Flag Pattern
This pattern is a bullish continuation which suggests further bullish rally.
It helps traders where they can decide for bullish continuation and extended rally, the Bullish Flag Pattern should be formed with the existence of bullish trend.
The break of the resistance from the drawn pattern is a sign for preparation of bullish setup, and price should not retrace more than 30% of the trend.
Nifty Next Day Week PredictionAny pattern is not perfectly formed.. So we take confluence in them ..
as i can see there is this bullish cypher pattern in formation Which is not that perfect yet with in my error percentage. along with Open intrest As confluence and support resistance levels ..
This is my View and my trade not a suggestion
Weekly Time frame Bearish signals
REFEX - Monthly chart - Retest/Reversal + Flag BreakoutThe analysis is done on monthly TF hence price may take few weeks to few months in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
BULLISH on SBINNSE:SBIN
The prices have given the breakout from the flag pattern on the 4 hour charts. Previously the stock gave the breakout from a triangle pattern and after that now made a flag and gave a breakout. The prices are above the moving averages which shows bullishness. The MACD has turned bullish. The RSI is above 50 which shows good momentum. The view is for upto 2 months duration. The Target and SL is on the charts.
Disclaimer : This is my own view and analysis. This is for educational purposes. This is not a recommendation, call or a tip.
NTPC LTD: Strong BuyNSE:NTPC shows strong buy indicated by RSI, IMI, MACD & Fisher crossover followed by EMA & MA Crossover
Target 2: 175.60
Target 1: 154.90
Stop Loss: 140.50
Disclaimer:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.