Patterntrading
Auropharma swing trade idea > forming continuation pattern
> you may call it ascending triangle pattern .
> breakout above 565 would lead a new rally.
> stop loss 556
> 1st target 1:2 and 2nd is trailing stop loss which is HL
> 1-4 days trade
> use proper risk & money management.
> only for education not a trading tip. i may or may not trade this setup.
> trade at your own risk.
Target 1 achieved in Siemens | 5% mover This idea is a follow-up to Siemens
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Disclaimer: The information provided is for educational purposes only. Our intention is not to provide any financial advice, don't take any decision without consulting your financial advisor.
BULLISH HARAMI PATTERN IN INFY.As one can see, there is a bullish harami pattern in nifty which means one can go long in INFY keeping the stoploss below mother red candle low or 1400 as per your risk appetite, with a target of 1540 which is almost 1:2 RR.
Be quick and agile in booking your profits as this is still in a downtrend and the global scenario is still the same.
There is positive RSI divergence as well, which indicates there is a slowdown in selling.
Inverted Head And Shoulder Possibility in NIFTY Daily ChartNSE:NIFTY
Nifty heading towards Possible Inverted Head And Shoulder.
If this is the case.....LIC IPO can help. JIO and Reliance Retail IPO's on the way.
Could be a game changer ? 19000 ?
Share your thoughts and Insights...........
NOTE : Above views are for study purpose only.
22Apr 26Apr 2May 11May Expect huge price movements in Bank NFTY22Apr 26Apr 2May 11May Expect huge price movements in Bank NFTY
The dates mentioned are according to the price patterns studied over a few years and these could possible levels where Banknifty might trade in future and the levels are mentioned on both sides.
The world market has a bearish view and the Indian market still has a bullish view due to strong financials.
Currently where Nifty and BN is trading is a clear tug of war between bulls and bears.
The dates are predictions where market can test either sides and you can use this study for future purposes.
If these dates are true then please do hit a like to encourage me for my work!!