18 Feb Intraday LevelsOne can simply look for patterns like ascending/descending triangle or trendlines in 3/5 mins timeframe, trade the breakout - works fine on expiry days.
Targets are marked in blue, they can act as support/resistance ... Trade what you see.
Trail profits at every target or sl at cost.
Pennant
Nifty - Bullish pennantNifty at all time high and not showing any kind of bearishness , except few small correction (Profit booking can be seen) . It only buy on deep opportunity, Kindly go through my previous posted ideas on nifty to get a clear view ... As all psu banks will be in bull run, like canarabank, sbi, Bank of baroda (Axis also). Targets are on chart...
BNB looks interesting in the chartsBNB is consolidating in a nice symmetrical triangle pattern and it seems that it is trying to give a breakout in the 2H time frame. Once it breaks 135 it can shoot up first 170 level and then maybe if the DEFI boom continues in the Binance chain then 200-220 level.
Disclaimer: - These views are for educational purpose only and not a recommendation.
Bitcoin is showing a breakout in 2H chartBitcoin (BTCUSD) has given a breakout in 2H chart from an ascending triangle pattern. it also seems like a Bullish pennant. First target is likely around 53000 - 54000 level while the second target as per bullish pennant is around 57000.
Stop-loss can be kept around 46000 levels.
Disclaimer: - These views are for educational purpose only and not a recommendation.
BRITANNIA FORMING A BULLISH PENNANT Hello Fellow Traders, BRITANNIA forming a bullish pennant on weekly chart i can see that Britannia might give fake breakdown before it go up. i have market the level from where we can take a long trade for less risk.
let me know what do you think regarding my analysis on BRITANNIA ?
NATURAL GAS analysis current contractlevels mentioned in the chart.
just started commodity trading thats why I posting commodity chart
we can learn together guys.
I am also just started...u can ask me any doubts.if i know i will tell u okay
keep supporting guys
short term equity calls+multi bagger call are coming mean working in background.
will post.okay thanku guys