Get started

Pin Bar

ANGEL BROKING : Excellent Risk Reward Swing Trading OpportunityNSE:ANGELBRKG has broken out of symmetrical triangle and resistance level with good amount of volume. The stock is currently at the retest level forming bullish pin bar right at this key support level. The stock can rally from the current price and looking good at CMP. Risk to Reward ratio is very good at this price. DISCLAIMER : This is not a call. The analysis shared is just for educational purpose. Please do your own analysis with proper risk management before taking your trade. Cheers! Happy Trading!
ALong
by TheAspiringTrader
DOUBLE TOP FOR BECTOR FOOD- POSSIBILITY OF SHORT TERM REVERSALBECTORFOOD 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. So short term the pattern is bearish. To go long we have to wait for break of the resistance zone at 442-452 range and wait for a retest and can go long on a confirmation Bullish Candle for Targets of  502.
NSE:BECTORFOODShort
by eastwind65
Aurobindo Pharma 5 % Breakout, post tight consolidation!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 was seen in the Auro Pharma stock . Also, this has to be supported by strong volumes (volumes are strong), when the volume moves , price follows! We have a good consolidation, supported by good volume and we see a bullish pin bar candle while the price was trying to breakout. Bullish pinbar candle near a support or a breakout zone ( resistance /supply zone) suggests that bulls/buyers are very strong and are pushing the price up!
NSE:AUROPHARMALong
by anusuabose92
Grasim | Plan and Logic🔰 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: Already in the trades of Naukri and PPL as posted last time :) 🔰 {Some info} ➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all. ➼I hope you will love my simple analysis style. ➼Feel free to suggest your view on this as learning is earning here :) ➼I take my trades on my Zerodha account :) ➼These charts are my and only my work, my thought process, just from an educational point of view and no calls. <<<<<>>>>>
NSE:GRASIMLong
by Averoy_Apoorv_Analysis
2
Reversal or Breakout ? Get ready for itNifty 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 which is a bearish candle ) so it has higher chance of reversing , but don't do panic or hurry entry into the stock , wait for the right levels which are mentioned in the chart. This is my personal analysis not buy/ sell call , this is for only educational purpose. Feel free to share your views !
NSE:RELIANCE
by deswingmaster
Inverted Hammer in Monthly Chart** The shooting star candlesticks pattern, also known as the Pinbar (or bearish pinbar/inverted Hammer) by some, is one of the most popular candlestick patterns among price action traders. It was the first candlestick signal that I relied on, and one that I still use today, although I trade it much differently than most other price action traders. # What is a Shooting Star Candlestick Pattern? *The shooting star consists of a long upper wick (shadow) that is, at least, twice the size of the real body. It should have a relatively small lower wick or none at all. Its real body can be bearish or bullish (see in the chart) and is usually relatively small in comparison to previous candlesticks. *The shooting star candlestick pattern, like all the other candlestick entry signals, must be traded within the context of the market. In other words, a true shooting star candlestick signal can only come after an uptrend in price (see the chart). Note: Never trade a candlestick formation that looks like a shooting star from consolidating price action or a tight ranging market. A shooting star candlestick pattern is a strong reversal signal, and unlike most other price action signals, this one does not need another candle for confirmation, according to the standard trading technique. However, the proprietary filters that I personally use to qualify a good shooting star are quite different, so let’s go over those now. #What Makes a Good Shooting Star (Pinbar/Inverted Hammer) Pattern? ** Some of the filters that I use to qualify a good shooting star make taking the entry completely different than the standard method. In my experience, these filters have drastically improved my strike rate with the shooting star candlestick pattern. # Confirmation Close The first filter that I want to talk about is the confirmation close. This is probably the most important filter that I use on the shooting star, and it’s also the filter that changes the way you must take your entry with this pattern. Basically, as a sign that the uptrend is actually ending, after the shooting star signal, you want to see a bearish candlestick that closes below the real body of the previous candlestick and You can add in your strategy for more accuracy. ** Historically in Nifty 50 when in monthly chart Pinbar/shooting star/inverted hammer appears at top that sign of bearish trend .(see in the chart) Kindly Let me know if you have any questions. Thank You
NSE:NIFTYEducation
by PrasantaP
1
Tech Mahindra | Reversal Trade | bearish Parallel Channel 🎯===================================================== ⭕ 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 --Stop-loss =907 --Lot Size = 1200 --R:R = 3.18 --Expected Profit = 12,000 ₹ per lot ( 1.15% ) --Expected Holding = 1-5 day only #ThankU For Checking Out Our Content , We Hope U Liked IT 📌 ====================================================== ⭕ Technical Reasons to trade OR Strategy applied :- ⭕ 1) TechM has formed bearish parallel channel 2) Volume is more than sufficient i.e engulfing pattern & bullish candlestick pattern 3) Range breakout Trading is happening here 4) All the possible support & resistance is mentioned on the chart ====================================================== Guys check out the related ideas as well, it will work really well GUARANTEED ! 🙏FOLLOW for more ! 👍LIKE if think is useful ! ✍COMMENT Below your view !
NSE:TECHMLong
by ReviveTraders
GBPUSD All The Way Down Baby 400 Pips!!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 travelling sword along with rented ferrari came down here in the modern age of 2020, sold his ferrari and managed to gather some money for this trading. Disclaimer:- Don't Listen to me, I'm not a financial advisor
Short
by Jass_Mankoo