BECTORFOOD has fallen to a low of 328 in March 2021 and has been Bullish since then. It has reached a High of 445 in June and has retraced from the resistance zone at 442-452 range to a low of 395.
Now it has reached the resistance zone again and has made a Bearish Pin Bar that is half of the Evening Star Candle Stick Pattern. There is also a Bearish Divergence....
Aurobindo Pharma was consolidating for a while near the Supply Zone /Resistance. The price burst out like water bursts out after huge pressure build up inside a pipe. On similar lines, when there is strong consolidation , its like pressure building up on the price near a resistance or support and soon after , the price breakouts with extreme force. A same action...
🔰 Hello my friends, here is the story I see behind this stock:
⭐It's trading on all-time highs, the best thing is it has broken its Monthly resistance and now trading on it making a bullish ascending pattern
= a really bullish sign :)
⭐A break from trendline = SL and but don't go short :)
⭐Pattern: ascending triangle
🔰Am I taking this trade: No---Reason:...
Nifty 50 giant Reliance is forming symmetrical triangle pattern which is more clear in 60 mins time frame. If resistance line is broken it can give a good swing upwards, if stock fails to break resistance level then it will start moving towards the support line which is also a good swing for bears ( Note : It has already formed pinbar candle near the resistance...
Bank Nifty post market analysis on 17-02-2021
Long opportunity at 10:05 candle's high with 1:2 risk reward ratio. Stop Loss is 93 points and Target is 180 points
Reason : Market has taken support from previous day low and printed Bullish Pinbar confirmation candle at 10:00 am candle
Disclaimer : All charts are purely for educational and information purpose...
⭕ Day Trading opportunity ! 15 min Chart Alert !!! ⭕
Don't rush to buy cause range breakout is still pending ....if breakout happen then only place the order
--Buy above =910.35 or CMP
--Target = 917.35 | 920 ...
NSE:CUMMINSIND | (Positional/Long Term Trade.)
Entry:- Below 450 to 435
Stop Loss :- 468 to 480 or (According To You)
(Risk Must Be Managed.)
Keep Your Eyes On Index
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About me:- This is your own scammer demo trader who lived in the stone age era & gained immortality by slaying a Ninja Dragon & his unicorn friend about 2.6 million years ago, then the ninja dragon's master challenged me to fight him for his time travelling rainbow coloured shining sword & his rented Ferrari, of course after beating him as well I used his...